Report Update Nov 1, 2024

Bangladesh - Non-Numerically Controlled Horizontal Lathes, for Removing Metal - Market Analysis, Forecast, Size, Trends and Insights

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Bangladesh: Non-Numerically Controlled Lathe Market 2024

Non-Numerically Controlled Lathe Market Size in Bangladesh

The Bangladeshi non-numerically controlled lathe market surged to $X in 2021, growing by 66% 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, recorded a pronounced reduction. As a result, consumption attained the peak level of $X. From 2016 to 2021, the growth of the market remained at a lower figure.

Non-Numerically Controlled Lathe Exports

Exports from Bangladesh

For the third year in a row, Bangladesh recorded growth in shipments abroad of non-numerically controlled horizontal lathes, for removing metal, which increased by 533% to X units in 2019. Over the period under review, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, non-numerically controlled lathe exports soared to $X in 2019. In general, exports saw prominent growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Qatar (X units) was the main destination for non-numerically controlled lathe exports from Bangladesh, accounting for a approx. 100% share of total exports.

From 2015 to 2019, the average annual rate of growth in terms of volume to Qatar was relatively modest.

In value terms, Qatar ($X) emerged as the key foreign market for non-numerically controlled horizontal lathes, for removing metal exports from Bangladesh.

From 2015 to 2019, the average annual rate of growth in terms of value to Qatar was relatively modest.

Export Prices by Country

The average non-numerically controlled lathe export price stood at $X per unit in 2019, waning by -42.3% against the previous year. Overall, the export price saw a significant curtailment. The export price peaked at $X per unit in 2015; however, from 2016 to 2019, the export prices failed to regain momentum.

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

From 2015 to 2019, the rate of growth in terms of prices for Cameroon amounted to 0.0% per year.

Non-Numerically Controlled Lathe Imports

Imports into Bangladesh

In 2021, approx. X units of non-numerically controlled horizontal lathes, for removing metal were imported into Bangladesh; picking up by 54% compared with the previous year. Overall, imports, however, recorded a noticeable contraction. The growth pace was the most rapid in 2015 when imports increased by 111% against the previous year. As a result, imports reached the peak of X units. From 2016 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, non-numerically controlled lathe imports skyrocketed to $X in 2021. In general, imports posted notable growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, India (X units) constituted the largest non-numerically controlled lathe supplier to Bangladesh, accounting for a 80% share of total imports. Moreover, non-numerically controlled lathe imports from India exceeded the figures recorded by the second-largest supplier, China (X units), more than tenfold. The third position in this ranking was held by Russia (X units), with a 3.6% share.

From 2012 to 2021, the average annual growth rate of volume from India amounted to -3.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+18.4% per year) and Russia (+48.0% per year).

In value terms, the largest non-numerically controlled lathe suppliers to Bangladesh were Russia ($X), India ($X) and China ($X), together comprising 72% of total imports.

Among the main suppliers, Russia, with a CAGR of +68.6%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average non-numerically controlled lathe import price stood at $X per unit in 2021, increasing by 53% against the previous year. Overall, the import price continues to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2018 an increase of 74% against the previous year. The import price peaked in 2021 and is likely to continue growth in years to come.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+8.5%), 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 non-numerically controlled horizontal lathes, for removing metal in the world?

The country with the largest volume of non-numerically controlled lathe consumption was China, comprising approx. 22% of total volume. Moreover, non-numerically controlled lathe consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The United States ranked third in terms of total consumption with a 7% share.

What are the largest producers of non-numerically controlled horizontal lathes, for removing metal in the world?

China remains the largest non-numerically controlled lathe producing country worldwide, comprising approx. 35% of total volume. Moreover, non-numerically controlled lathe production in China exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was occupied by Pakistan, with a 5.3% share.

What are the leading suppliers of non-numerically controlled horizontal lathes, for removing metal to Bangladesh?

In value terms, India, China and the UK were the largest non-numerically controlled lathe suppliers to Bangladesh, with a combined 79% share of total imports.

What is the average export price for non-numerically controlled horizontal lathes, for removing metal in Bangladesh?

In 2018, the average non-numerically controlled lathe export price amounted to $1,878 per unit, standing approx. at the previous year.

What is the average import price for non-numerically controlled horizontal lathes, for removing metal in Bangladesh?

The average non-numerically controlled lathe import price stood at $1,192 per unit in 2020, reducing by -41.1% against the previous year.

This report provides an in-depth analysis of the non-numerically controlled lathe 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 28412140 - Non-numerically controlled horizontal lathes, for removing metal

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