Report Update Nov 1, 2024

Bangladesh - Centrifugal Clothes-Dryers - Market Analysis, Forecast, Size, Trends and Insights

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Bangladesh: Centrifugal Clothes-Dryer Market 2024

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

Frequently Asked Questions (FAQ) :

What are the largest markets for centrifugal clothes-dryers in the world?

The countries with the highest volumes of centrifugal clothes-dryer consumption in 2020 were China, Turkey and Nigeria, together accounting for 65% of global consumption.

What are the largest producers of centrifugal clothes-dryers in the world?

The countries with the highest volumes of centrifugal clothes-dryer production in 2020 were China, Turkey and Argentina, with a combined 93% share of global production. South Korea lagged somewhat behind, comprising a further 1.5%.

What are the leading suppliers of centrifugal clothes-dryers to Bangladesh?

In value terms, Turkey, Spain and the Netherlands were the largest centrifugal clothes-dryer suppliers to Bangladesh, together comprising 65% of total imports.

What is the average export price for centrifugal clothes-dryers in Bangladesh?

In 2020, the average centrifugal clothes-dryer export price amounted to $77 per unit, reducing by -88% against the previous year.

What is the average import price for centrifugal clothes-dryers in Bangladesh?

In 2020, the average centrifugal clothes-dryer import price amounted to $3,100 per unit, picking up by 97% against the previous year.

This report provides an in-depth analysis of the centrifugal clothes-dryer 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 28942300 - Centrifugal clothes-dryers

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.

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