Bangladesh: Respiration Apparatus Market 2024

Respiration Apparatus Market Size in Bangladesh

In 2022, after five years of growth, there was significant decline in the Bangladeshi respiration apparatus market, when its value decreased by X% to $X. In general, consumption, however, posted a prominent increase. Respiration apparatus consumption peaked at $X in 2021, and then shrank in the following year.

Respiration Apparatus Exports

Exports from Bangladesh

In 2022, shipments abroad of ozone therapy, oxygen therapy, aerosol therapy, respiration apparatus decreased by X% to X units for the first time since 2016, thus ending a five-year rising trend. Over the period under review, exports, however, recorded a significant expansion. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. The exports peaked at X units in 2021, and then dropped in the following year.

In value terms, respiration apparatus exports plummeted to $X in 2022. Overall, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2021, and then plummeted in the following year.

Exports by Country

Kenya (X units) was the main destination for respiration apparatus exports from Bangladesh, accounting for a X% share of total exports. Moreover, respiration apparatus exports to Kenya exceeded the volume sent to the second major destination, Denmark (X units), fivefold.

From 2012 to 2022, the average annual growth rate of volume to Kenya amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (X% per year) and Canada (X% per year).

In value terms, Kenya ($X) emerged as the key foreign market for ozone therapy, oxygen therapy, aerosol therapy, respiration apparatus exports from Bangladesh, comprising X% of total exports. The second position in the ranking was held by Canada ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Kenya stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (X% per year) and Denmark (X% per year).

Export Prices by Country

In 2022, the average respiration apparatus export price amounted to $X per unit, shrinking by X% against the previous year. In general, the export price showed a deep reduction. The pace of growth was the most pronounced in 2013 when the average export price increased by X%. As a result, the export price attained the peak level of $X per unit. From 2014 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($X per unit), while the average price for exports to Denmark ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Oman (X%), while the prices for the other major destinations experienced more modest paces of growth.

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Respiration Apparatus Imports

Imports into Bangladesh

In 2022, after five years of growth, there was significant decline in purchases abroad of ozone therapy, oxygen therapy, aerosol therapy, respiration apparatus, when their volume decreased by X% to X units. Over the period under review, imports, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, imports attained the peak figure at X units in 2021, and then shrank in the following year.

In value terms, respiration apparatus imports declined to $X in 2022. Overall, imports, however, saw prominent growth. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Imports peaked at $X in 2021, and then reduced in the following year.

Imports by Country

In 2022, China (X units) constituted the largest supplier of respiration apparatus to Bangladesh, accounting for a X% share of total imports. Moreover, respiration apparatus imports from China exceeded the figures recorded by the second-largest supplier, the UK (X units), threefold. South Korea (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (X% per year) and South Korea (X% per year).

In value terms, the largest respiration apparatus suppliers to Bangladesh were China ($X), the UK ($X) and South Korea ($X), with a combined X% share of total imports.

The UK, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average respiration apparatus import price amounted to $X per unit, almost unchanged from the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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