Report Update Nov 1, 2024

Bangladesh - Agricultural Forestry Machinery (Lawn or Sportsground Rollers) - Market Analysis, Forecast, Size, Trends and Insights

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Bangladesh: Agricultural Forestry Machinery Market 2024

Agricultural Forestry Machinery Exports

Exports from Bangladesh

In 2022, shipments abroad of agricultural forestry machinery (lawn or sportsground rollers) decreased by -14.3% to X units for the first time since 2018, thus ending a three-year rising trend. Overall, exports recorded a deep contraction. The pace of growth was the most pronounced in 2021 with an increase of 133% against the previous year. Over the period under review, the exports attained the maximum at X units in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, agricultural forestry machinery exports declined notably to $X in 2022. Over the period under review, exports showed a abrupt downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 96%. Over the period under review, the exports reached the peak figure at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

India (X units) was the main destination for agricultural forestry machinery exports from Bangladesh, accounting for a 83% share of total exports. Moreover, agricultural forestry machinery exports to India exceeded the volume sent to the second major destination, the Netherlands (X units), fivefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to India amounted to -8.4%.

In value terms, India ($X) emerged as the key foreign market for agricultural forestry machinery (lawn or sportsground rollers) exports from Bangladesh, comprising 95% of total exports. The second position in the ranking was held by the Netherlands ($X), with a 2.6% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to India totaled -7.5%.

Export Prices by Country

In 2022, the average agricultural forestry machinery export price amounted to $X per unit, falling by -14.7% against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 40%. As a result, the export price attained the peak level of $X per unit. From 2020 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was India ($X per unit), while the average price for exports to the Netherlands stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+0.6%).

Agricultural Forestry Machinery Imports

Imports into Bangladesh

In 2022, purchases abroad of agricultural forestry machinery (lawn or sportsground rollers) decreased by -16.3% to X units for the first time since 2019, thus ending a two-year rising trend. In general, imports continue to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2016 with an increase of 77%. Imports peaked at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, agricultural forestry machinery imports fell slightly to $X in 2022. Overall, imports showed a abrupt decline. The pace of growth appeared the most rapid in 2016 with an increase of 50% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest agricultural forestry machinery supplier to Bangladesh, with a 89% share of total imports. Moreover, agricultural forestry machinery imports from China exceeded the figures recorded by the second-largest supplier, India (X units), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to -15.3%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+10.4% per year) and Italy (-9.2% per year).

In value terms, China ($X) constituted the largest supplier of agricultural forestry machinery (lawn or sportsground rollers) to Bangladesh, comprising 88% of total imports. The second position in the ranking was taken by India ($X), with a 10% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China totaled -17.4%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+11.6% per year) and Italy (-15.6% per year).

Import Prices by Country

In 2022, the average agricultural forestry machinery import price amounted to $X per unit, rising by 14% against the previous year. Over the period under review, the import price, however, continues to indicate a noticeable slump. The most prominent rate of growth was recorded in 2020 an increase of 25%. As a result, import price reached the peak level of $X per unit. From 2021 to 2022, the average import prices remained 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 ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+1.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for agricultural forestry machinery (lawn or sportsground rollers) in the world?

The countries with the highest volumes of in 2021 were China, Austria and the United States, together comprising 42% of global consumption.

What are the largest producers of agricultural forestry machinery (lawn or sportsground rollers) in the world?

The countries with the highest volumes of in 2021 were China, Austria and the United States, together comprising 42% of global production.

What are the leading suppliers of agricultural forestry machinery (lawn or sportsground rollers) to Bangladesh?

In value terms, China constituted the largest supplier of agricultural forestry machinery to Bangladesh, comprising 91% of total imports. The second position in the ranking was occupied by India, with a 6.3% share of total imports.

What are the leading importers of agricultural forestry machinery (lawn or sportsground rollers) from Bangladesh?

In value terms, India remains the key foreign market for agricultural forestry machinery exports from Bangladesh.

What is the average export price for agricultural forestry machinery (lawn or sportsground rollers) in Bangladesh?

The average agricultural forestry machinery export price stood at $1,610 per unit in 2021, shrinking by -48% against the previous year.

What is the average import price for agricultural forestry machinery (lawn or sportsground rollers) in Bangladesh?

The average agricultural forestry machinery import price stood at $2,119 per unit in 2021, which is down by -12.7% against the previous year.

This report provides an in-depth analysis of the agricultural forestry 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 28303900 - Agricultural... forestry machinery, n.e.c., lawn or sportsground rollers

Country coverage:

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023