Bangladesh - Milling Industry Machinery - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMilling Industry Machinery Price in Bangladesh - 2022
Contents:
- Milling Industry Machinery Price in Bangladesh (CIF) - 2022
- Milling Industry Machinery Price in Bangladesh (FOB) - 2022
- Milling Industry Machinery Imports in Bangladesh
- Milling Industry Machinery Exports in Bangladesh
Milling Industry Machinery Price in Bangladesh (CIF) - 2022
The average milling industry machinery import price stood at $3,801 per unit in 2022, falling by -38.1% against the previous year. In general, the import price showed a perceptible descent. The most prominent rate of growth was recorded in 2016 an increase of 125% against the previous year. Over the period under review, average import prices hit record highs at $12,223 per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($123,992 per unit), while the price for China ($2,092 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+69.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Milling Industry Machinery Price in Bangladesh (FOB) - 2022
The average milling industry machinery export price stood at $3,784 per unit in 2020, rising by 12% against the previous year. In general, the export price recorded significant growth. The growth pace was the most rapid in 2013 when the average export price increased by 20%. The export price peaked at $4,060 per unit in 2016; however, from 2017 to 2020, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Mauritius.
From 2012 to 2020, the rate of growth in terms of prices for India amounted to +71.5% per year.
Milling Industry Machinery Imports in Bangladesh
In 2022, approx. 10K units of milling industry machinery were imported into Bangladesh; surging by 328% against 2021. Over the period under review, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, milling industry machinery imports soared to $39M in 2022. Overall, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 229% against the previous year. As a result, imports attained the peak of $63M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
Import of Milling Industry Machinery in Bangladesh (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 0.1 | 0.4 | 0.5 | 7.9 | 329.1% |
India | 5.7 | 5.4 | 3.8 | 6.5 | 4.5% |
China | 3.9 | 7.5 | 3.3 | 5.4 | 11.5% |
Turkey | 4.3 | 27.0 | 0.2 | 3.2 | -9.4% |
Thailand | 1.9 | 4.5 | 1.8 | 2.5 | 9.6% |
Germany | 0.7 | 7.6 | 1.6 | N/A | 51.2% |
Others | 2.6 | 10.9 | 3.5 | 13.5 | 73.2% |
Total | 19.2 | 63.3 | 14.7 | 39.0 | 26.6% |
Top Suppliers of Milling Industry Machinery to Bangladesh in 2022:
- China (2.6K units)
- India (1.1K units)
- Turkey (0.2K units)
- Thailand (0.2K units)
- Italy (0.1K units)
Milling Industry Machinery Exports in Bangladesh
In 2020, approx. 1 units of milling industry machinery were exported from Bangladesh; remaining relatively unchanged against the previous year's figure. In general, exports showed a relatively flat trend pattern. The exports peaked in 2020 and are expected to retain growth in the near future.
In value terms, milling industry machinery exports expanded sharply to $3.8K in 2020. The total export value increased at an average annual rate of +12.5% over the period from 2019 to 2020; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Milling Industry Machinery in Bangladesh (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | CAGR, 2019-2020 | ||
Mauritius | N/A | 3.8 | 0% | ||
India | 3.4 | N/A | 0% | ||
Others | N/A | N/A | 0% | ||
Total | 3.4 | 3.8 | 11.8% |
Top Export Markets for Milling Industry Machinery from Bangladesh in 2022:
- Mauritius (1.0 units)
This report provides an in-depth analysis of the milling industry machinery 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 28931300 - Machinery used in the milling industry or for the working of cereals or dried leguminous vegetables (excluding farm-type machinery)
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
This report provides an in-depth analysis of the milling industry machinery market in Bangladesh.
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This report provides an in-depth analysis of the global milling industry machinery market.
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