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Bangladesh - Metal Cutting Shears And Similar Hand Tools - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Cutting Shear Price in Bangladesh - 2022
Contents:
- Metal Cutting Shear Price in Bangladesh (CIF) - 2022
- Metal Cutting Shear Price in Bangladesh (FOB) - 2022
- Metal Cutting Shear Imports in Bangladesh
- Metal Cutting Shear Exports in Bangladesh
Metal Cutting Shear Price in Bangladesh (CIF) - 2022
The average metal cutting shear import price stood at $4,417 per ton in 2022, rising by 30% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 51%. Over the period under review, average import prices hit record highs at $5,497 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
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 South Korea ($14,019 per ton), while the price for Thailand ($3,032 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+7.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Metal Cutting Shear Price in Bangladesh (FOB) - 2022
In 2021, the average metal cutting shear export price amounted to $31,933 per ton, growing by 58% against the previous year. Overall, the export price posted buoyant growth. The pace of growth was the most pronounced in 2019 when the average export price increased by 196% against the previous year. The export price peaked in 2021 and is likely to continue growth in years to come.
There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Switzerland ($91,800 per ton), while the average price for exports to Bahrain stood at $2,000 per ton.
From 2013 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+18.5%).
Metal Cutting Shear Imports in Bangladesh
In 2022, approx. 39 tons of metal cutting shears and similar hand tools were imported into Bangladesh; dropping by -56.3% compared with the year before. Over the period under review, imports recorded a precipitous setback. The most prominent rate of growth was recorded in 2021 with an increase of 41% against the previous year.
In value terms, metal cutting shear imports declined markedly to $172K in 2022. In general, imports faced a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 4.5%. As a result, imports attained the peak of $305K, and then fell dramatically in the following year.
Import of Metal Cutting Shear in Bangladesh (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 180 | 233 | 249 | 104 | -16.7% |
Taiwan (Chinese) | 16.4 | 24.0 | 24.9 | 22.9 | 11.8% |
Thailand | 20.2 | 9.3 | 7.2 | 5.9 | -33.7% |
India | 41.7 | 9.2 | 1.0 | 1.0 | -71.2% |
Others | 33.3 | 16.0 | 23.0 | 38.3 | 4.8% |
Total | 292 | 292 | 305 | 172 | -16.2% |
Top Suppliers of Metal Cutting Shears and Similar Hand Tools to Bangladesh in 2022:
- China (33.2 tons)
- Taiwan (Chinese) (2.6 tons)
- Thailand (1.9 tons)
- India (0.1 tons)
Metal Cutting Shear Exports in Bangladesh
In 2021, exports of metal cutting shears and similar hand tools from Bangladesh shrank notably to 15 kg, dropping by -96.9% on the year before. Over the period under review, exports faced a sharp reduction. The smallest decline of -49.2% was in 2020.
In value terms, metal cutting shear exports contracted notably to $479 in 2021. Overall, exports showed a precipitous curtailment. The smallest decline of -48.8% was in 2020.
Export of Metal Cutting Shear in Bangladesh (Thousand USD) | ||||
---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
Switzerland | N/A | N/A | 0.5 | 0% |
Slovakia | N/A | 9.8 | N/A | 0% |
Germany | 19.1 | N/A | N/A | 0% |
Bahrain | N/A | N/A | N/A | 0% |
Others | N/A | N/A | N/A | 0% |
Total | 19.1 | 9.8 | 0.5 | -83.8% |
Top Export Markets for Metal Cutting Shears and Similar Hand Tools from Bangladesh in 2022:
- Bahrain (10.0 kg)
- Switzerland (5.0 kg)
This report provides an in-depth analysis of the metal cutting shear market in Bangladesh. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 25733023 - Metal cutting shears and similar hand tools
Country coverage:
- Bangladesh
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Bangladesh
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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