Bangladesh - Brushes Constituting Parts of Appliances - Market Analysis, Forecast, Size, Trends and Insights
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View PricingBangladesh: Appliance Part Brush Market 2024
Appliance Part Brush Market Size in Bangladesh
In 2022, the Bangladeshi appliance part brush market decreased by -3.6% to $X for the first time since 2017, thus ending a four-year rising trend. Overall, consumption, however, enjoyed significant growth. Appliance part brush consumption peaked at $X in 2021, and then shrank modestly in the following year.
Appliance Part Brush Exports
Exports from Bangladesh
In 2022, appliance part brush exports from Bangladesh soared to X units, picking up by 149% compared with the previous year. In general, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2013 with an increase of 574%. The exports peaked at X units in 2018; however, from 2019 to 2022, the exports failed to regain momentum.
In value terms, appliance part brush exports surged to $X in 2022. Over the period under review, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2013 when exports increased by 612%. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.
Exports by Country
Austria (X units) was the main destination for appliance part brush exports from Bangladesh, accounting for a 99% share of total exports. It was followed by Canada (X units), with a 0.4% share of total exports.
From 2012 to 2022, the average annual rate of growth in terms of volume to Austria amounted to +43.8%.
In value terms, Austria ($X) remains the key foreign market for brushes constituting parts of appliances exports from Bangladesh, comprising 98% of total exports. The second position in the ranking was held by Canada ($X), with a 0.4% share of total exports.
From 2012 to 2022, the average annual growth rate of value to Austria totaled +60.6%.
Export Prices by Country
The average appliance part brush export price stood at $X per unit in 2022, rising by 3.7% against the previous year. Overall, the export price showed a prominent expansion. The pace of growth appeared the most rapid in 2019 when the average export price increased by 65% against the previous year. The export price peaked at $X per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($X per unit), while the average price for exports to Austria stood at $X per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+17.0%).
Appliance Part Brush Imports
Imports into Bangladesh
In 2022, after two years of growth, there was significant decline in supplies from abroad of brushes constituting parts of appliances, when their volume decreased by -5.3% to X units. In general, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2014 when imports increased by 1,145% against the previous year. Over the period under review, imports hit record highs at X units in 2021, and then reduced in the following year.
In value terms, appliance part brush imports reduced to $X in 2022. Overall, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2014 with an increase of 920%. Over the period under review, imports attained the peak figure at $X in 2021, and then declined in the following year.
Imports by Country
China (X units), Thailand (X units) and India (X units) were the main suppliers of appliance part brush imports to Bangladesh, with a combined 58% share of total imports. Germany, Russia, Taiwan (Chinese), Spain and Italy lagged somewhat behind, together accounting for a further 29%.
From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +1,096.9%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, Germany ($X), China ($X) and Taiwan (Chinese) ($X) were the largest appliance part brush suppliers to Bangladesh, with a combined 57% share of total imports. Spain, Thailand, India, Italy and Russia lagged somewhat behind, together comprising a further 31%.
In terms of the main suppliers, Spain, with a CAGR of +1,311.8%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
The average appliance part brush import price stood at $X per unit in 2022, surging by 3.4% against the previous year. Over the period under review, the import price, however, continues to indicate a noticeable contraction. The pace of growth was the most pronounced in 2016 an increase of 33% against the previous year. As a result, import price reached the peak level of $X per unit. From 2017 to 2022, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Russia ($X per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+18.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the appliance part brush 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 32911970 - Brushes constituting parts of machines, appliances or vehicles (excluding for road-sweepers)
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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