Bangladesh - Machinery For Packing Or Wrapping - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMachinery for Packing Price in Bangladesh - 2022
Contents:
- Machinery for Packing Price in Bangladesh (CIF) - 2022
- Machinery for Packing Price in Bangladesh (FOB) - 2022
- Machinery for Packing Imports in Bangladesh
- Machinery for Packing Exports in Bangladesh
Machinery for Packing Price in Bangladesh (CIF) - 2022
The average machinery for packing import price stood at $3,227 per unit in 2022, shrinking by -8.5% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the average import price increased by 725%. The import price peaked at $35,255 per unit in 2017; however, from 2018 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 Germany ($46,434 per unit), while the price for China ($559 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+10.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Machinery for Packing Price in Bangladesh (FOB) - 2022
The average machinery for packing export price stood at $3,531 per unit in 2022, with an increase of 2.3% against the previous year. In general, the export price showed strong growth. The pace of growth was the most pronounced in 2018 when the average export price increased by 110% against the previous year. The export price peaked in 2022 and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Nepal ($12,869 per unit), while the average price for exports to Singapore ($313 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 the United Arab Emirates (+5.3%), while the prices for the other major destinations experienced a decline.
Machinery for Packing Imports in Bangladesh
In 2022, after three years of growth, there was significant decline in overseas purchases of machinery for packing or wrapping, when their volume decreased by -13.9% to 21K units. In general, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +9.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +29.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 39%. As a result, imports attained the peak of 25K units, and then fell in the following year.
In value terms, machinery for packing imports shrank notably to $69M in 2022. Overall, imports recorded a abrupt downturn. The growth pace was the most rapid in 2021 when imports increased by 74% against the previous year. Over the period under review, imports attained the maximum at $93M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Import of Machinery for Packing in Bangladesh (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 7.9 | 4.7 | 9.2 | 11.4 | 13.0% |
India | 6.7 | 3.7 | 4.6 | 7.7 | 4.7% |
South Korea | 9.4 | 5.0 | 19.9 | 5.4 | -16.9% |
Germany | 16.5 | 12.0 | 24.4 | 3.1 | -42.7% |
Taiwan (Chinese) | 1.1 | 1.3 | 1.5 | 1.2 | 2.9% |
Others | 51.8 | 24.0 | 28.4 | 40.6 | -7.8% |
Total | 93.4 | 50.6 | 88.0 | 69.3 | -9.5% |
Top Suppliers of Machinery for Packing to Bangladesh in 2022:
- China (20.4K units)
- India (2.4K units)
- South Korea (1.4K units)
- Taiwan (Chinese) (1.2K units)
- Germany (0.1K units)
Machinery for Packing Exports in Bangladesh
For the third year in a row, Bangladesh recorded decline in shipments abroad of machinery for packing or wrapping, which decreased by 0% to 12 units in 2022. In general, exports saw a deep reduction. The smallest decline of -7.1% was in 2020. Over the period under review, the exports attained the peak figure at 14 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, machinery for packing exports expanded slightly to $42K in 2022. Over the period under review, exports saw a noticeable downturn. The exports peaked at $45K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
Export of Machinery for Packing in Bangladesh (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 3.1 | 2.3 | 36.2 | 18.6 | 81.7% |
Nepal | N/A | N/A | N/A | 12.9 | 0% |
India | 42.0 | 41.0 | 4.7 | 10.5 | -37.0% |
Singapore | 0.2 | N/A | 0.3 | 0.3 | 14.5% |
Brunei Darussalam | N/A | N/A | N/A | N/A | 0% |
Myanmar | N/A | N/A | 0.2 | N/A | 0% |
Others | N/A | N/A | 0.1 | 0.1 | 0.0% |
Total | 45.3 | 43.3 | 41.4 | 42.4 | -2.2% |
Top Export Markets for Machinery for Packing from Bangladesh in 2022:
- United Arab Emirates (3.0 units)
- India (3.0 units)
- Nepal (1.0 units)
- Singapore (1.0 units)
This report provides an in-depth analysis of the machinery for packing 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 28292180 - Machinery for packing or wrapping (excluding for filling, c losing, sealing, capsuling or labelling bottles, cans, boxes, b ags or other containers)
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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