Report Update Nov 1, 2024

Bangladesh - Lifting, Handling, Loading or Unloading Machinery - Market Analysis, Forecast, Size, Trends and Insights

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Bangladesh: Loading Machinery Market 2024

Loading Machinery Exports

Exports from Bangladesh

In 2022, after two years of growth, there was decline in overseas shipments of lifting, handling, loading or unloading machinery, when their volume decreased by -3.6% to X units. Overall, exports, however, saw a buoyant expansion. The most prominent rate of growth was recorded in 2014 with an increase of 186% against the previous year. As a result, the exports attained the peak of X units. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, loading machinery exports declined to $X in 2022. In general, exports recorded a perceptible slump. The growth pace was the most rapid in 2013 when exports increased by 169%. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Singapore (X units) was the main destination for loading machinery exports from Bangladesh, with a 85% share of total exports. Moreover, loading machinery exports to Singapore exceeded the volume sent to the second major destination, India (X units), fivefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Singapore amounted to +22.6%.

In value terms, Singapore ($X) remains the key foreign market for lifting, handling, loading or unloading machinery exports from Bangladesh, comprising 82% of total exports. The second position in the ranking was held by India ($X), with a 17% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Singapore totaled +18.4%.

Export Prices by Country

In 2022, the average loading machinery export price amounted to $X per unit, waning by -6.2% against the previous year. Overall, the export price showed a abrupt contraction. The most prominent rate of growth was recorded in 2013 when the average export price increased by 19% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2014 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was India ($X per unit), while the average price for exports to Singapore totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (-5.0%).

Loading Machinery Imports

Imports into Bangladesh

In 2022, approx. X units of lifting, handling, loading or unloading machinery were imported into Bangladesh; declining by -21.1% compared with the year before. In general, imports, however, saw significant growth. The pace of growth appeared the most rapid in 2016 when imports increased by 248%. Imports peaked at X units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, loading machinery imports reduced to $X in 2022. Overall, imports, however, continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2016 when imports increased by 153% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of loading machinery to Bangladesh, accounting for a 64% share of total imports. Moreover, loading machinery imports from China exceeded the figures recorded by the second-largest supplier, the Netherlands (X units), sixfold. The third position in this ranking was taken by Germany (X units), with a 6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +43.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+41.1% per year) and Germany (+10.1% per year).

In value terms, China ($X) constituted the largest supplier of lifting, handling, loading or unloading machinery to Bangladesh, comprising 49% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 13% share of total imports. It was followed by India, with an 11% share.

From 2012 to 2022, the average annual growth rate of value from China totaled +39.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+39.8% per year) and India (+3.3% per year).

Import Prices by Country

In 2022, the average loading machinery import price amounted to $X per unit, increasing by 16% against the previous year. Over the period under review, the import price, however, continues to indicate a deep downturn. The pace of growth appeared the most rapid in 2018 when the average import price increased by 24% against the previous year. The import price peaked at $X per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+4.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for lifting, handling, loading or unloading machinery in the world?

The countries with the highest volumes of loading machinery consumption in 2020 were China, the United States and India, together comprising 50% of global consumption. Japan, Hungary, Germany, Mexico, France, Australia, South Korea and Ethiopia lagged somewhat behind, together accounting for a further 20%.

What are the largest producers of lifting, handling, loading or unloading machinery in the world?

China constituted the country with the largest volume of loading machinery production, accounting for 35% of total volume. Moreover, loading machinery production in China exceeded the figures recorded by the second-largest producer, India, fourfold. Germany ranked third in terms of total production with an 8.2% share.

What are the leading suppliers of lifting, handling, loading or unloading machinery to Bangladesh?

In value terms, the largest loading machinery suppliers to Bangladesh were India, China and Germany, with a combined 73% share of total imports.

What are the leading importers of lifting, handling, loading or unloading machinery from Bangladesh?

In value terms, Singapore remains the key foreign market for loading machinery exports from Bangladesh, comprising 67% of total exports. The second position in the ranking was occupied by India, with a 33% share of total exports.

What is the average export price for lifting, handling, loading or unloading machinery in Bangladesh?

In 2020, the average loading machinery export price amounted to $5,687 per unit, remaining relatively unchanged against the previous year.

What is the average import price for lifting, handling, loading or unloading machinery in Bangladesh?

The average loading machinery import price stood at $1,096 per unit in 2020, surging by 11% against the previous year.

This report provides an in-depth analysis of the loading machinery 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 28221840 - Lifting, handling, loading or unloading machinery, n.e.s.
Prodcom 28221850 - Loading machinery specially designed for agricultural use

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