Bangladesh: Photo-Copying Apparatus Market 2024

Photo-Copying Apparatus Market Size in Bangladesh

The Bangladeshi photo-copying apparatus market dropped notably to $X in 2022, waning by -28.2% 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). In general, consumption, however, posted a prominent expansion. As a result, consumption reached the peak level of $X, and then dropped sharply in the following year.

Photo-Copying Apparatus Exports

Exports from Bangladesh

In 2022, shipments abroad of photo-copying apparatus increased by 533% to X units for the first time since 2018, thus ending a three-year declining trend. Over the period under review, exports, however, continue to indicate a mild reduction. The pace of growth was the most pronounced in 2018 when exports increased by 860% against the previous year. As a result, the exports attained the peak of X units. From 2019 to 2022, the growth of the exports failed to regain momentum.

In value terms, photo-copying apparatus exports rose slightly to $X in 2022. Overall, exports, however, saw a significant contraction. The pace of growth appeared the most rapid in 2018 with an increase of 1,107% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The Netherlands (X units) was the main destination for photo-copying apparatus exports from Bangladesh, accounting for a 79% share of total exports. Moreover, photo-copying apparatus exports to the Netherlands exceeded the volume sent to the second major destination, Sri Lanka (X units), more than tenfold. Ireland (X units) ranked third in terms of total exports with a 5.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the Netherlands stood at +47.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sri Lanka (0.0% per year) and Ireland (0.0% per year).

In value terms, the Netherlands ($X) emerged as the key foreign market for photo-copying apparatus exports from Bangladesh, comprising 98% of total exports. The second position in the ranking was taken by Singapore ($X), with a 1.6% share of total exports. It was followed by Sri Lanka, with a 0.1% share.

From 2012 to 2022, the average annual growth rate of value to the Netherlands stood at +182.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (-43.3% per year) and Sri Lanka (0.0% per year).

Export Prices by Country

The average photo-copying apparatus export price stood at $X per unit in 2022, falling by -83.8% against the previous year. Overall, the export price showed a sharp slump. The pace of growth appeared the most rapid in 2019 an increase of 142%. The export price peaked at $X per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to Ireland ($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 (+91.9%), while the prices for the other major destinations experienced mixed trend patterns.

Photo-Copying Apparatus Imports

Imports into Bangladesh

Photo-copying apparatus imports into Bangladesh reduced notably to X units in 2022, with a decrease of -26.8% compared with the previous year. Over the period under review, imports, however, recorded a resilient increase. The pace of growth appeared the most rapid in 2021 when imports increased by 178% against the previous year. As a result, imports reached the peak of X units, and then fell notably in the following year.

In value terms, photo-copying apparatus imports dropped remarkably to $X in 2022. In general, imports, however, showed a strong expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 135%. As a result, imports attained the peak of $X, and then declined markedly in the following year.

Imports by Country

In 2022, Singapore (X units) constituted the largest supplier of photo-copying apparatus to Bangladesh, with a 68% share of total imports. Moreover, photo-copying apparatus imports from Singapore exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X units), sevenfold. China (X units) ranked third in terms of total imports with a 9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Singapore amounted to +19.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+29.1% per year) and China (-9.3% per year).

In value terms, Singapore ($X) constituted the largest supplier of photo-copying apparatus to Bangladesh, comprising 57% of total imports. The second position in the ranking was held by China ($X), with a 17% share of total imports. It was followed by the United Arab Emirates, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Singapore amounted to +15.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-1.3% per year) and the United Arab Emirates (+35.3% per year).

Import Prices by Country

The average photo-copying apparatus import price stood at $X per unit in 2022, which is down by -2.6% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 24% against the previous year. The import price peaked at $X per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per unit), while the price for South Korea ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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