Bangladesh: Market for Non-Domestic Percolators and Equipment For Cooking Or Heating Food 2024

Market Size for Non-Domestic Percolators and Equipment For Cooking Or Heating Food in Bangladesh

The Bangladeshi market for non-domestic percolators and equipment for cooking or heating food dropped to $X in 2022, waning by -8.4% 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). Overall, consumption, however, showed a slight reduction. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Exports of Non-Domestic Percolators and Equipment For Cooking Or Heating Food

Exports from Bangladesh

In 2022, after two years of decline, there was significant growth in overseas shipments of non-domestic percolators and equipment for cooking or heating food, when their volume increased by 200% to X units. Overall, exports, however, recorded a abrupt downturn. Over the period under review, the exports of reached the peak figure at X units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of non-domestic percolators and equipment for cooking or heating food dropped dramatically to $X in 2022. In general, exports, however, faced a deep setback. The most prominent rate of growth was recorded in 2019 with an increase of 420% against the previous year. Over the period under review, the exports of attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

The Philippines (X units), the United States (X units) and the Netherlands (X units) were the main destinations of exports of non-domestic percolators and equipment for cooking or heating food from Bangladesh.

From 2012 to 2022, the biggest increases were recorded for the Philippines (with a CAGR of 0.0%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the Netherlands ($X) remains the key foreign market for non-domestic percolators and equipment for cooking or heating food exports from Bangladesh, comprising 76% of total exports. The second position in the ranking was held by the United States ($X), with a 23% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to the Netherlands amounted to +10.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-35.4% per year) and the Philippines (-47.3% per year).

Export Prices by Country

The average export price for non-domestic percolators and equipment for cooking or heating food stood at $X per unit in 2022, waning by -72.8% against the previous year. Overall, the export price recorded a deep contraction. The growth pace was the most rapid in 2021 when the average export price increased by 533% against the previous year. The export price peaked at $X per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to the Philippines ($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 the Netherlands (+10.0%), while the prices for the other major destinations experienced a decline.

Imports of Non-Domestic Percolators and Equipment For Cooking Or Heating Food

Imports into Bangladesh

In 2022, approx. X units of non-domestic percolators and equipment for cooking or heating food were imported into Bangladesh; with an increase of 7.3% against 2021. In general, imports, however, continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2014 when imports increased by 312%. As a result, imports attained the peak of X units. From 2015 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of non-domestic percolators and equipment for cooking or heating food fell markedly to $X in 2022. Overall, imports posted a perceptible expansion. The growth pace was the most rapid in 2014 with an increase of 444%. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports of remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest non-domestic percolators and equipment for cooking or heating food supplier to Bangladesh, with a 80% share of total imports. Moreover, imports of non-domestic percolators and equipment for cooking or heating food from China exceeded the figures recorded by the second-largest supplier, Italy (X units), more than tenfold. The United States (X units) ranked third in terms of total imports with a 2.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at -1.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+37.1% per year) and the United States (-5.5% per year).

In value terms, China ($X) constituted the largest supplier of non-domestic percolators and equipment for cooking or heating food to Bangladesh, comprising 50% of total imports. The second position in the ranking was held by Italy ($X), with a 12% share of total imports. It was followed by Turkey, with a 5.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +3.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+59.0% per year) and Turkey (+3.5% per year).

Import Prices by Country

In 2022, the average import price for non-domestic percolators and equipment for cooking or heating food amounted to $X per unit, declining by -23.3% against the previous year. Overall, the import price, however, saw a remarkable increase. The pace of growth was the most pronounced in 2015 an increase of 56%. Over the period under review, average import prices hit record highs at $X per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per unit), while the price for Taiwan (Chinese) ($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 (+24.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform