Report Update Nov 1, 2024

Bangladesh - Machines for Deburring or Polishing Metal - Market Analysis, Forecast, Size, Trends and Insights

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Bangladesh: Metal Deburring Machine Market 2024

Metal Deburring Machine Market Size in Bangladesh

The Bangladeshi metal deburring machine market soared to $X in 2021, jumping by 150% 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). In general, consumption posted a strong increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Metal Deburring Machine Exports

Exports from Bangladesh

In 2021, shipments abroad of machines for deburring or polishing metal decreased by 0% to X units, falling for the third year in a row after two years of growth. In general, exports saw a strong expansion. The pace of growth was the most pronounced in 2018 with an increase of 100% against the previous year. Over the period under review, the exports attained the maximum at X units in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

In value terms, metal deburring machine exports dropped dramatically to $X in 2021. Over the period under review, exports recorded a sharp decrease. The pace of growth was the most pronounced in 2018 when exports increased by 46%. Over the period under review, the exports attained the peak figure at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

Exports by Country

Pakistan (X units) was the main destination for metal deburring machine exports from Bangladesh, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Pakistan was relatively modest.

In value terms, Pakistan ($X) also remains the key foreign market for machines for deburring or polishing metal exports from Bangladesh.

From 2012 to 2021, the average annual growth rate of value to Pakistan totaled -40.5%.

Export Prices by Country

In 2021, the average metal deburring machine export price amounted to $X per unit, dropping by -40.5% against the previous year. In general, the export price continues to indicate a precipitous decline. The pace of growth was the most pronounced in 2019 when the average export price increased by 88% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for Pakistan amounted to -40.5% per year.

Metal Deburring Machine Imports

Imports into Bangladesh

In 2021, the amount of machines for deburring or polishing metal imported into Bangladesh soared to X units, jumping by 156% on 2020. In general, imports showed a buoyant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, metal deburring machine imports skyrocketed to $X in 2021. Overall, imports recorded a resilient expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X units) was the main metal deburring machine supplier to Bangladesh, accounting for a 94% share of total imports. It was followed by Turkey (X units), with a 1.8% share of total imports. India (X units) ranked third in terms of total imports with a 1% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at +29.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+38.6% per year) and India (-21.0% per year).

In value terms, China ($X) constituted the largest supplier of machines for deburring or polishing metal to Bangladesh, comprising 73% of total imports. The second position in the ranking was held by Turkey ($X), with an 8.1% share of total imports. It was followed by India, with a 0.9% share.

From 2012 to 2021, the average annual growth rate of value from China amounted to +27.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+30.6% per year) and India (-21.0% per year).

Import Prices by Country

In 2021, the average metal deburring machine import price amounted to $X per unit, reducing by -6.1% against the previous year. Overall, the import price continues to indicate a pronounced reduction. The pace of growth appeared the most rapid in 2017 when the average import price increased by 25%. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Turkey ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (-0.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for machines for deburring or polishing metal in the world?

China remains the largest metal deburring machine consuming country worldwide, accounting for 55% of total volume. Moreover, metal deburring machine consumption in China exceeded the figures recorded by the second-largest consumer, India, ninefold. Japan ranked third in terms of total consumption with a 3.7% share.

What are the largest producers of machines for deburring or polishing metal in the world?

China remains the largest metal deburring machine producing country worldwide, accounting for 69% of total volume. Moreover, metal deburring machine production in China exceeded the figures recorded by the second-largest producer, India, more than tenfold. Japan ranked third in terms of total production with a 4.2% share.

What are the leading suppliers of machines for deburring or polishing metal to Bangladesh?

In value terms, China constituted the largest supplier of metal deburring machine to Bangladesh, comprising 83% of total imports. The second position in the ranking was occupied by India, with an 8.6% share of total imports. It was followed by South Korea, with a 2.7% share.

What is the average export price for machines for deburring or polishing metal in Bangladesh?

In 2020, the average metal deburring machine export price amounted to $356 per unit, approximately reflecting the previous year.

What is the average import price for machines for deburring or polishing metal in Bangladesh?

The average metal deburring machine import price stood at $429 per unit in 2020, rising by 3.3% against the previous year.

This report provides an in-depth analysis of the metal deburring machine 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 28412395 - Machines for deburring or polishing metal (excluding gear finishing machines)

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