Bangladesh: Video Monitor Market 2022

Video Monitor Market Size in Bangladesh

In 2021, the Bangladeshi video monitor market increased by X% to $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption recorded a noticeable increase. As a result, consumption attained the peak level of $X. From 2017 to 2021, the growth of the market failed to regain momentum.

Video Monitor Exports

Exports from Bangladesh

In 2021, overseas shipments of video monitors increased by X% to X units, rising for the second consecutive year after three years of decline. In general, exports recorded a prominent increase. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. The exports peaked at X units in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, video monitor exports contracted to $X in 2021. Overall, exports continue to indicate a resilient expansion. The growth pace was the most rapid in 2014 when exports increased by X%. Over the period under review, the exports reached the maximum at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Serbia (X units) was the main destination for video monitor exports from Bangladesh, with a approx. X% share of total exports.

From 2012 to 2020, the average annual rate of growth in terms of volume to Serbia totaled +X%.

In value terms, Serbia ($X) also remains the key foreign market for video monitor exports from Bangladesh.

From 2012 to 2020, the average annual rate of growth in terms of value to Serbia amounted to +X%.

Export Prices by Country

In 2020, the average video monitor export price amounted to $X per unit, shrinking by -X% against the previous year. Overall, the export price recorded a mild reduction. The growth pace was the most rapid in 2017 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2018 to 2020, the the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Serbia.

From 2012 to 2020, the rate of growth in terms of prices for Serbia amounted to -X% per year.

Video Monitor Imports

Imports into Bangladesh

After two years of decline, purchases abroad of video monitors increased by X% to X units in 2021. In general, imports saw a strong increase. The pace of growth was the most pronounced in 2016 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X units in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, video monitor imports soared to $X in 2021. Overall, imports showed a tangible increase. The most prominent rate of growth was recorded in 2016 when imports increased by X%. As a result, imports attained the peak of $X. From 2017 to 2021, the growth imports remained at a lower figure.

Imports by Country

In 2020, China (X units) constituted the largest supplier of video monitor to Bangladesh, accounting for a X% share of total imports. It was followed by Germany (X units), with a X% share of total imports.

From 2012 to 2020, the average annual rate of growth in terms of volume from China totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and Italy (+X% per year).

In value terms, China ($X) constituted the largest supplier of video monitor to Bangladesh, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with a X% share of total imports.

From 2012 to 2020, the average annual growth rate of value from China amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and Italy (+X% per year).

Import Prices by Country

The average video monitor import price stood at $X per unit in 2020, surging by X% against the previous year. Over the period under review, import price indicated mild growth from 2012 to 2020: its price increased at an average annual rate of +X% over the last eight-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 an increase of X%. Over the period under review, average import prices hit record highs at $X per unit in 2014; however, from 2015 to 2020, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: 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 2020, the most notable rate of growth in terms of prices was attained by Germany (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform