Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Bangladesh - 2022
Contents:
- Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Bangladesh (CIF) - 2022
- Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Bangladesh (FOB) - 2022
- Imports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Bangladesh
- Exports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Bangladesh
Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Bangladesh (CIF) - 2022
In 2022, the average import price for electrical circuit prefabricated elements, connectors, contact elements and other equipment amounted to $34 per thousand units, declining by -2.1% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 22%. The import price peaked at $36 per thousand units in 2020; however, from 2021 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 India ($114 per thousand units), while the price for France ($21 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+21.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Bangladesh (FOB) - 2022
In 2022, the average export price for electrical circuit prefabricated elements, connectors, contact elements and other equipment amounted to $0.1 per unit, waning by -13.7% against the previous year. In general, the export price, however, posted resilient growth. The most prominent rate of growth was recorded in 2020 an increase of 349%. As a result, the export price reached the peak level of $0.2 per unit. From 2021 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($0.6 per unit), while the average price for exports to Singapore ($0.1 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 South Korea (+88.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Bangladesh
In 2022, the amount of electrical circuit prefabricated elements, connectors, contact elements and other equipment imported into Bangladesh surged to 1.4B units, jumping by 38% compared with the previous year. Over the period under review, imports continue to indicate a strong increase. The pace of growth was the most pronounced in 2021 with an increase of 69% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of electrical circuit prefabricated elements, connectors, contact elements and other equipment surged to $48M in 2022. Overall, imports posted a resilient expansion. The growth pace was the most rapid in 2021 with an increase of 61% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in years to come.
| Import of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Bangladesh (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 9.9 | 6.2 | 8.9 | 15.9 | 17.1% |
| China | 5.6 | 8.7 | 11.9 | 10.6 | 23.7% |
| Italy | 5.1 | 1.6 | 5.6 | 6.4 | 7.9% |
| France | 2.7 | 0.8 | 1.7 | 4.3 | 16.8% |
| Malaysia | 1.4 | 0.3 | 1.5 | 3.6 | 37.0% |
| Germany | 2.3 | 1.8 | 0.9 | 1.6 | -11.4% |
| Others | 4.8 | 2.6 | 5.0 | 5.6 | 5.3% |
| Total | 31.8 | 22.0 | 35.4 | 47.9 | 14.6% |
Top Suppliers of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment to Bangladesh in 2022:
- Turkey (525.9M units)
- Italy (211.9M units)
- China (208.6M units)
- France (200.6M units)
- Malaysia (171.0M units)
- Germany (29.3M units)
Exports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Bangladesh
In 2022, exports of electrical circuit prefabricated elements, connectors, contact elements and other equipment from Bangladesh skyrocketed to 1M units, surging by 403% compared with the previous year. Overall, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of electrical circuit prefabricated elements, connectors, contact elements and other equipment skyrocketed to $143K in 2022. Over the period under review, exports recorded a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 1,626% against the previous year. As a result, the exports reached the peak of $145K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | N/A | 108 | 0% |
| Spain | N/A | N/A | 0.1 | 11.2 | 11100.0% |
| China | N/A | 1.4 | N/A | 6.8 | 120.4% |
| Oman | N/A | N/A | N/A | 3.3 | 0% |
| India | N/A | 9.7 | N/A | 3.0 | -44.4% |
| Malaysia | 0.3 | 94.5 | N/A | 2.3 | 97.2% |
| Singapore | 3.0 | 31.2 | 5.8 | 2.0 | -12.6% |
| Japan | 1.8 | N/A | N/A | N/A | 0% |
| Tunisia | N/A | N/A | 20.4 | N/A | 0% |
| Mexico | 1.6 | 1.1 | N/A | N/A | -31.3% |
| Egypt | N/A | 2.1 | N/A | N/A | 0% |
| Seychelles | 0.3 | N/A | N/A | N/A | 0% |
| Pakistan | N/A | 2.4 | N/A | N/A | 0% |
| Others | 1.4 | 2.9 | 6.6 | 5.6 | 58.7% |
| Total | 8.4 | 145 | 32.9 | 143 | 157.2% |
Top Export Markets for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment from Bangladesh in 2022:
- United States (893.9K units)
- China (34.3K units)
- Oman (25.0K units)
- India (24.5K units)
- Spain (19.3K units)
- Singapore (16.8K units)
- Malaysia (1.9K units)
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