Report Update Nov 1, 2024

Bangladesh - Machines for Electroplating, Electrolysis or Electrophoresis - Market Analysis, Forecast, Size, Trends and Insights

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Bangladesh: Electroplating Machine Market 2024

Electroplating Machine Market Size in Bangladesh

The Bangladeshi electroplating machine market declined rapidly to $X in 2021, shrinking by -20.2% 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). Over the period under review, consumption, however, posted a significant increase. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market remained at a lower figure.

Electroplating Machine Exports

Exports from Bangladesh

In 2021, shipments abroad of machines for electroplating, electrolysis or electrophoresis decreased by -24.4% to X units, falling for the fifth consecutive year after three years of growth. In general, exports faced a precipitous decline. The most prominent rate of growth was recorded in 2014 with an increase of 67%. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, electroplating machine exports dropped to $X in 2021. Overall, exports showed a sharp contraction. The pace of growth was the most pronounced in 2014 when exports increased by 265% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

The UK (X units) was the main destination for electroplating machine exports from Bangladesh, accounting for a 87% share of total exports. Moreover, electroplating machine exports to the UK exceeded the volume sent to the second major destination, Singapore (X units), sevenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to the UK totaled +31.3%.

In value terms, the UK ($X) remains the key foreign market for electroplating machine exports from Bangladesh, comprising 99% of total exports. The second position in the ranking was taken by Singapore ($X), with a 1% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to the UK amounted to +24.4%.

Export Prices by Country

The average electroplating machine export price stood at $X per unit in 2021, rising by 13% against the previous year. Over the period under review, the export price showed a remarkable increase. The most prominent rate of growth was recorded in 2014 when the average export price increased by 119%. As a result, the export price attained the peak level of $X per unit. From 2015 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was the UK ($X per unit), while the average price for exports to Singapore amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the UK (-5.0%).

Electroplating Machine Imports

Imports into Bangladesh

In 2021, the amount of machines for electroplating, electrolysis or electrophoresis imported into Bangladesh reduced rapidly to X units, which is down by -20.7% against the previous year. In general, imports, however, enjoyed a significant increase. The growth pace was the most rapid in 2018 with an increase of 188% against the previous year. As a result, imports reached the peak of X units. From 2019 to 2021, the growth of imports remained at a lower figure.

In value terms, electroplating machine imports contracted markedly to $X in 2021. Overall, imports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2016 with an increase of 179%. Over the period under review, imports reached the peak figure at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

India (X units), China (X units) and Taiwan (Chinese) (X units) were the main suppliers of electroplating machine imports to Bangladesh, with a combined 95% share of total imports.

From 2012 to 2021, the biggest increases were in India (with a CAGR of +79.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of electroplating machine to Bangladesh, comprising 75% of total imports. The second position in the ranking was taken by India ($X), with an 11% share of total imports. It was followed by Japan, with a 5.1% share.

From 2012 to 2021, the average annual growth rate of value from China totaled +53.7%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+83.4% per year) and Japan (+13.0% per year).

Import Prices by Country

The average electroplating machine import price stood at $X per unit in 2021, remaining stable against the previous year. In general, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2019 an increase of 46%. As a result, import price reached the peak level of $X per unit. From 2020 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+19.3%), 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 machines for electroplating, electrolysis or electrophoresis in the world?

The countries with the highest volumes of in 2021 were Indonesia, South Africa and Estonia, with a combined 39% share of global consumption. These countries were followed by the United States, Japan, Thailand, Somalia, Taiwan Chinese), Malaysia, Myanmar, South Korea, Vietnam and France, which together accounted for a further 42%.

What are the largest producers of machines for electroplating, electrolysis or electrophoresis in the world?

The country with the largest volume of electroplating machine production was China, comprising approx. 29% of total volume. Moreover, electroplating machine production in China exceeded the figures recorded by the second-largest producer, Estonia, twofold. Japan ranked third in terms of total production with an 11% share.

What are the leading suppliers of machines for electroplating, electrolysis or electrophoresis to Bangladesh?

In value terms, China constituted the largest supplier of electroplating machine to Bangladesh, comprising 65% of total imports. The second position in the ranking was occupied by the UK, with a 20% share of total imports. It was followed by Japan, with a 3.5% share.

What are the leading importers of machines for electroplating, electrolysis or electrophoresis from Bangladesh?

In value terms, the UK remains the key foreign market for electroplating machine exports from Bangladesh.

What is the average export price for machines for electroplating, electrolysis or electrophoresis in Bangladesh?

The average electroplating machine export price stood at $53 per unit in 2021, falling by -5.5% against the previous year.

What is the average import price for machines for electroplating, electrolysis or electrophoresis in Bangladesh?

The average electroplating machine import price stood at $206 per unit in 2021, with an increase of 83% against the previous year.

This report provides an in-depth analysis of the electroplating 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 28491283 - Machines and apparatus for electroplating, electrolysis or electrophoresis

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