Bangladesh: Metal Gas Appliances Market 2025

Metal Gas Appliances Market Size in Bangladesh

For the third year in a row, the Bangladeshi metal gas appliances market recorded growth in sales value, which increased by less than 0.1% to $X in 2022. In general, consumption recorded a noticeable decrease. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Metal Gas Appliances Production in Bangladesh

In value terms, metal gas appliances production totaled $X in 2022 estimated in export price. Overall, production saw a noticeable reduction. The pace of growth appeared the most rapid in 2018 when the production volume increased by 47% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Metal Gas Appliances Exports

Exports from Bangladesh

In 2022, overseas shipments of iron or steel gas domestic appliances were finally on the rise to reach X units for the first time since 2018, thus ending a three-year declining trend. In general, exports, however, saw a abrupt decline. The most prominent rate of growth was recorded in 2014 with an increase of 261% against the previous year. Over the period under review, the exports reached the maximum at X units in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, metal gas appliances exports expanded notably to $X in 2022. Over the period under review, exports, however, faced a abrupt decline. The growth pace was the most rapid in 2014 with an increase of 218%. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

Australia (X units) was the main destination for metal gas appliances exports from Bangladesh, with a 83% share of total exports. Moreover, metal gas appliances exports to Australia exceeded the volume sent to the second major destination, the UK (X units), fivefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Australia stood at -17.9%.

In value terms, the largest markets for metal gas appliances exported from Bangladesh were Australia ($X) and the UK ($X).

Among the main countries of destination, the UK, with a CAGR of +1.0%, saw the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

The average metal gas appliances export price stood at $X per unit in 2022, which is down by -5.6% against the previous year. Overall, the export price, however, posted a mild expansion. The most prominent rate of growth was recorded in 2017 when the average export price increased by 103% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2018 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Australia amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+15.6%).

Metal Gas Appliances Imports

Imports into Bangladesh

In 2022, metal gas appliances imports into Bangladesh surged to X units, with an increase of 82% against 2021 figures. In general, imports saw a significant expansion. The pace of growth was the most pronounced in 2013 when imports increased by 726% against the previous year. Imports peaked at X units in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, metal gas appliances imports surged to $X in 2022. Over the period under review, imports showed strong growth. The pace of growth appeared the most rapid in 2020 with an increase of 356% against the previous year. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports failed to regain momentum.

Imports by Country

The United Arab Emirates (X units), Sri Lanka (X units) and China (X units) were the main suppliers of metal gas appliances imports to Bangladesh, together accounting for 88% of total imports.

From 2012 to 2022, the biggest increases were recorded for Sri Lanka (with a CAGR of +80.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest metal gas appliances suppliers to Bangladesh were Sri Lanka ($X), China ($X) and the United Arab Emirates ($X), together accounting for 82% of total imports.

The United Arab Emirates, with a CAGR of +75.2%, recorded the highest rates of growth with regard to 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

In 2022, the average metal gas appliances import price amounted to $X per unit, falling by -14% against the previous year. Over the period under review, the import price continues to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2017 an increase of 152%. As a result, import price reached the peak level of $X per unit. From 2018 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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