Report Update Nov 1, 2024

Bangladesh - Concrete or Mortar Mixers - Market Analysis, Forecast, Size, Trends and Insights

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Bangladesh: Concrete Mixer Market 2024

Concrete Mixer Market Size in Bangladesh

The Bangladeshi concrete mixer market soared to $X in 2021, picking up by 44% 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 continues to indicate a buoyant increase. Over the period under review, the market reached the peak level in 2021 and is likely to see gradual growth in the immediate term.

Concrete Mixer Exports

Exports from Bangladesh

Concrete mixer exports from Bangladesh skyrocketed to X units in 2021, rising by 12,450% against 2020. Over the period under review, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, concrete mixer exports surged to $X in 2021. In general, exports continue to indicate a strong increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

South Korea (X units) was the main destination for concrete mixer exports from Bangladesh, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to South Korea totaled +12,450.0%.

In value terms, South Korea ($X) also remains the key foreign market for concrete or mortar mixers exports from Bangladesh.

From 2012 to 2021, the average annual growth rate of value to South Korea amounted to +8,591.6%.

Export Prices by Country

In 2021, the average concrete mixer export price amounted to $X per unit, declining by -30.7% against the previous year. Over the period under review, the export price showed a deep reduction. The most prominent rate of growth was recorded in 2016 when the average export price decreased by -29.4%. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for South Korea.

From 2012 to 2021, the rate of growth in terms of prices for Hong Kong SAR amounted to +81.2% per year.

Concrete Mixer Imports

Imports into Bangladesh

In 2021, the amount of concrete or mortar mixers imported into Bangladesh skyrocketed to X units, picking up by 46% compared with the previous year. Over the period under review, imports enjoyed a remarkable increase. The pace of growth was the most pronounced in 2015 with an increase of 74% against the previous year. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in the immediate term.

In value terms, concrete mixer imports surged to $X in 2021. In general, imports posted a strong increase. The growth pace was the most rapid in 2015 with an increase of 68%. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

Pakistan (X units), Turkey (X units) and China (X units) were the main suppliers of concrete mixer imports to Bangladesh, together accounting for 80% of total imports.

From 2012 to 2021, the biggest increases were recorded for Pakistan (with a CAGR of +99.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest concrete mixer suppliers to Bangladesh were India ($X), China ($X) and Japan ($X), together accounting for 88% of total imports. The United States, Turkey, Pakistan, Thailand, Vietnam and South Korea lagged somewhat behind, together comprising a further 11%.

The United States, with a CAGR of +81.1%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average concrete mixer import price stood at $X per unit in 2021, increasing by 2.9% against the previous year. Over the period under review, the import price, however, recorded a noticeable contraction. The most prominent rate of growth was recorded in 2018 when the average import price increased by 45% against the previous year. As a result, import price reached the peak level of $X per unit. From 2019 to 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was India ($X per unit), while the price for Pakistan ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+22.9%), 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 concrete or mortar mixers in the world?

China constituted the country with the largest volume of concrete mixer consumption, comprising approx. 21% of total volume. Moreover, concrete mixer consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. India ranked third in terms of total consumption with an 8% share.

What are the largest producers of concrete or mortar mixers in the world?

China remains the largest concrete mixer producing country worldwide, comprising approx. 29% of total volume. Moreover, concrete mixer production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. India ranked third in terms of total production with an 8.5% share.

What are the leading suppliers of concrete or mortar mixers to Bangladesh?

In value terms, China, India and Hong Kong SAR appeared to be the largest concrete mixer suppliers to Bangladesh, together accounting for 86% of total imports.

What is the average export price for concrete or mortar mixers in Bangladesh?

The average concrete mixer export price stood at $819 per unit in 2020, approximately reflecting the previous year.

What is the average import price for concrete or mortar mixers in Bangladesh?

In 2020, the average concrete mixer import price amounted to $887 per unit, rising by 52% against the previous year.

This report provides an in-depth analysis of the concrete mixer 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 28924050 - Concrete or mortar mixers

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