Bangladesh: Telephone Market 2024

Telephone Market Size in Bangladesh

The Bangladeshi telephone market fell to $X in 2022, which is down by X% against the previous year. Over the period under review, consumption continues to indicate a noticeable decrease. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Telephone Production in Bangladesh

In value terms, telephone production shrank to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a noticeable descent. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

Telephone Exports

Exports from Bangladesh

In 2022, overseas shipments of telephones and videophones decreased by X% to X units, falling for the second consecutive year after two years of growth. Over the period under review, exports recorded a precipitous decline. The pace of growth was the most pronounced in 2019 when exports increased by X% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, telephone exports contracted to $X in 2022. In general, exports showed a deep setback. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Singapore (X units), India (X units) and Taiwan (Chinese) (X units) were the main destinations of telephone exports from Bangladesh, with a combined X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Taiwan (Chinese) (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, India ($X) emerged as the key foreign market for telephones and videophones exports from Bangladesh, comprising X% of total exports. The second position in the ranking was held by Thailand ($X), with a X% share of total exports. It was followed by Singapore, with a X% share.

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

Export Prices by Country

The average telephone export price stood at $X per unit in 2022, picking up by X% against the previous year. Over the period under review, the export price showed buoyant growth. The export price peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was India ($X per unit), while the average price for exports to Singapore ($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 India (X%), while the prices for the other major destinations experienced mixed trend patterns.

Telephone Imports

Imports into Bangladesh

Telephone imports into Bangladesh declined notably to X units in 2022, with a decrease of X% compared with the year before. Over the period under review, imports, however, showed prominent growth. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, imports attained the peak of X units. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, telephone imports contracted dramatically to $X in 2022. In general, imports, however, saw a strong expansion. The most prominent rate of growth was recorded in 2014 when imports increased by X%. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Hong Kong SAR (X units) constituted the largest telephone supplier to Bangladesh, with a X% share of total imports. Moreover, telephone imports from Hong Kong SAR exceeded the figures recorded by the second-largest supplier, Singapore (X units), fivefold. China (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 Hong Kong SAR stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (X% per year) and China (X% per year).

In value terms, the largest telephone suppliers to Bangladesh were Hong Kong SAR ($X), Singapore ($X) and Portugal ($X), together comprising X% of total imports. China and India lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, India, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average telephone import price stood at $X per unit in 2022, shrinking by X% against the previous year. Overall, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, telephone import price increased by X% against 2019 indices. The pace of growth was the most pronounced in 2013 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Portugal ($X per unit), while the price for Hong Kong SAR ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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