Bangladesh: Centrifugal Clothes-Dryer Market 2025

Centrifugal Clothes-Dryer Market Size in Bangladesh

The Bangladeshi centrifugal clothes-dryer market soared to $X in 2021, picking up by 260% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, continues to indicate a abrupt decrease. Centrifugal clothes-dryer consumption peaked at $X in 2015; however, from 2016 to 2021, consumption remained at a lower figure.

Centrifugal Clothes-Dryer Exports

Exports from Bangladesh

Centrifugal clothes-dryer exports from Bangladesh expanded sharply to X units in 2021, surging by 14% against the previous year's figure. Over the period under review, exports showed significant growth. The pace of growth was the most pronounced in 2014 when exports increased by 135%. The exports peaked in 2021 and are likely to see gradual growth in years to come.

In value terms, centrifugal clothes-dryer exports skyrocketed to $X in 2021. Overall, exports recorded a significant increase. The growth pace was the most rapid in 2014 with an increase of 174% against the previous year. The exports peaked in 2021 and are expected to retain growth in the near future.

Exports by Country

Hong Kong SAR (X units) was the main destination for centrifugal clothes-dryer exports from Bangladesh, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Hong Kong SAR totaled +37.9%.

In value terms, Hong Kong SAR ($X) also remains the key foreign market for centrifugal clothes-dryers exports from Bangladesh.

From 2012 to 2021, the average annual growth rate of value to Hong Kong SAR stood at +34.8%.

Export Prices by Country

In 2021, the average centrifugal clothes-dryer export price amounted to $X per unit, therefore, remained relatively stable against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of 17% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2015 to 2021, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Hong Kong SAR.

From 2012 to 2021, the rate of growth in terms of prices for Hong Kong SAR amounted to -2.5% per year.

Centrifugal Clothes-Dryer Imports

Imports into Bangladesh

Centrifugal clothes-dryer imports into Bangladesh soared to X units in 2021, with an increase of 174% on the year before. In general, imports, however, continue to indicate a abrupt slump. The pace of growth was the most pronounced in 2015 with an increase of 179%. As a result, imports attained the peak of X units. From 2016 to 2021, the growth of imports failed to regain momentum.

In value terms, centrifugal clothes-dryer imports surged to $X in 2021. Over the period under review, imports, however, faced a abrupt slump. The pace of growth was the most pronounced in 2015 when imports increased by 163%. As a result, imports attained the peak of $X. From 2016 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Italy (X units) constituted the largest centrifugal clothes-dryer supplier to Bangladesh, accounting for a 49% share of total imports. Moreover, centrifugal clothes-dryer imports from Italy exceeded the figures recorded by the second-largest supplier, the Netherlands (X units), threefold. The third position in this ranking was held by China (X units), with an 11% share.

From 2012 to 2021, the average annual growth rate of volume from Italy totaled -6.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-8.3% per year) and China (-19.4% per year).

In value terms, Italy ($X) constituted the largest supplier of centrifugal clothes-dryers to Bangladesh, comprising 45% of total imports. The second position in the ranking was held by Spain ($X), with a 15% share of total imports. It was followed by the Netherlands, with a 13% share.

From 2012 to 2021, the average annual growth rate of value from Italy stood at -8.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+9.8% per year) and the Netherlands (-11.6% per year).

Import Prices by Country

The average centrifugal clothes-dryer import price stood at $X per unit in 2021, reducing by -37.5% against the previous year. Overall, the import price continues to indicate a noticeable decline. The pace of growth appeared the most rapid in 2020 when the average import price increased by 61% against the previous year. As a result, import price reached the peak level of $X per unit, and then shrank notably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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