Bangladesh: Lcds And Plasmas Market 2024

Lcds And Plasmas Market Size in Bangladesh

In 2022, the Bangladeshi LCDs and plasmas market decreased by -0.5% to $X for the first time since 2015, thus ending a six-year rising trend. The market value increased at an average annual rate of +1.1% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Consumption peaked at $X in 2021, and then contracted in the following year.

Lcds And Plasmas Production in Bangladesh

In value terms, LCDs and plasmas production expanded modestly to $X in 2022 estimated in export price. In general, the total production indicated measured growth from 2012 to 2022: its value increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -1.8% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the production volume increased by 25%. Production peaked at $X in 2020; afterwards, it flattened through to 2022.

Lcds And Plasmas Exports

Exports from Bangladesh

In 2022, the amount of flat panel video monitor, lcd or plasma exported from Bangladesh declined notably to X units, which is down by -24.6% compared with the previous year's figure. Over the period under review, exports faced a dramatic setback. The most prominent rate of growth was recorded in 2016 when exports increased by 703% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, LCDs and plasmas exports declined to $X in 2022. In general, exports continue to indicate a dramatic setback. The pace of growth appeared the most rapid in 2016 when exports increased by 664%. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X units), Lithuania (X units) and Thailand (X units) were the main destinations of LCDs and plasmas exports from Bangladesh, with a combined 79% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of +17.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for LCDs and plasmas exported from Bangladesh were Lithuania ($X), Germany ($X) and Singapore ($X), with a combined 88% share of total exports.

In terms of the main countries of destination, Lithuania, with a CAGR of +27.3%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average LCDs and plasmas export price stood at $X per unit in 2022, growing by 14% against the previous year. Overall, the export price enjoyed significant growth. The pace of growth was the most pronounced in 2018 when the average export price increased by 225% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($X per unit), while the average price for exports to Switzerland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+13.8%), while the prices for the other major destinations experienced more modest paces of growth.

Lcds And Plasmas Imports

Imports into Bangladesh

In 2022, the amount of flat panel video monitor, lcd or plasma imported into Bangladesh contracted remarkably to X units, which is down by -30.7% compared with the previous year's figure. In general, imports, however, continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2014 when imports increased by 439%. Over the period under review, imports attained the peak figure at X units in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, LCDs and plasmas imports fell notably to $X in 2022. Over the period under review, imports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2014 with an increase of 514%. Imports peaked at $X in 2021, and then reduced rapidly in the following year.

Imports by Country

China (X units), Hong Kong SAR (X units) and the United Arab Emirates (X units) were the main suppliers of LCDs and plasmas imports to Bangladesh, together comprising 92% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +41.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of flat panel video monitor, lcd or plasma to Bangladesh, comprising 56% of total imports. The second position in the ranking was held by Hong Kong SAR ($X), with a 14% share of total imports. It was followed by Malaysia, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +62.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Hong Kong SAR (+23.3% per year) and Malaysia (+78.3% per year).

Import Prices by Country

In 2022, the average LCDs and plasmas import price amounted to $X per unit, picking up by 3.4% against the previous year. In general, the import price posted a resilient increase. The most prominent rate of growth was recorded in 2013 when the average import price increased by 74%. The import price peaked in 2022 and is expected to retain growth in the near future.

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 Taiwan (Chinese) ($X per unit), while the price for the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+41.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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