Report Update Nov 1, 2024

Bangladesh - Pneumatic Linear Acting Actuators - Market Analysis, Forecast, Size, Trends and Insights

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Bangladesh: Market for Pneumatic Linear Acting Actuators 2024

Market Size for Pneumatic Linear Acting Actuators in Bangladesh

The Bangladeshi pneumatic linear acting actuator market dropped rapidly to $X in 2022, shrinking by -21.1% 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 prominent growth. As a result, consumption attained the peak level of $X, and then fell dramatically in the following year.

Exports of Pneumatic Linear Acting Actuators

Exports from Bangladesh

In 2019, approx. X units of pneumatic linear acting actuators were exported from Bangladesh; waning by -10% compared with the previous year. In general, exports faced a significant curtailment. The most prominent rate of growth was recorded in 2014 with an increase of 130% against the previous year. As a result, the exports attained the peak of X units. From 2015 to 2019, the growth of the exports failed to regain momentum.

In value terms, pneumatic linear acting actuator exports soared to $X in 2019. Overall, exports showed a significant contraction. The pace of growth appeared the most rapid in 2014 with an increase of 42%. As a result, the exports reached the peak of $X. From 2015 to 2019, the growth of the exports failed to regain momentum.

Exports by Country

India (X units) was the main destination for pneumatic linear acting actuator exports from Bangladesh, accounting for a approx. 100% share of total exports.

From 2012 to 2019, the average annual rate of growth in terms of volume to India amounted to -16.2%.

In value terms, India ($X) emerged as the key foreign market for pneumatic linear acting actuators exports from Bangladesh.

From 2012 to 2019, the average annual rate of growth in terms of value to India stood at +2.7%.

Export Prices by Country

The average pneumatic linear acting actuator export price stood at $X per unit in 2019, surging by 32% against the previous year. In general, the export price, however, recorded a abrupt descent. The export price peaked at $X per unit in 2012; however, from 2013 to 2019, 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 India.

From 2012 to 2019, the rate of growth in terms of prices for India amounted to +22.5% per year.

Imports of Pneumatic Linear Acting Actuators

Imports into Bangladesh

Pneumatic linear acting actuator imports into Bangladesh contracted sharply to X units in 2022, which is down by -18.9% against the previous year's figure. Over the period under review, imports, however, enjoyed a buoyant increase. The pace of growth was the most pronounced in 2021 with an increase of 185% against the previous year. As a result, imports attained the peak of X units, and then contracted rapidly in the following year.

In value terms, pneumatic linear acting actuator imports dropped remarkably to $X in 2022. Overall, imports, however, posted strong growth. The pace of growth appeared the most rapid in 2019 when imports increased by 122%. Imports peaked at $X in 2021, and then shrank dramatically in the following year.

Imports by Country

In 2022, China (X units) constituted the largest pneumatic linear acting actuator supplier to Bangladesh, with a 73% share of total imports. Moreover, pneumatic linear acting actuator imports from China exceeded the figures recorded by the second-largest supplier, India (X units), more than tenfold. The third position in this ranking was held by the UK (X units), with a 3.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +25.0%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+1.9% per year) and the UK (+39.5% per year).

In value terms, China ($X), Germany ($X) and India ($X) were the largest pneumatic linear acting actuator suppliers to Bangladesh, together comprising 58% of total imports. Austria, Singapore, the UK, Thailand, Spain, Hong Kong SAR and South Korea lagged somewhat behind, together accounting for a further 22%.

In terms of the main suppliers, Thailand, with a CAGR of +66.8%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average pneumatic linear acting actuator import price stood at $X per unit in 2022, which is down by -4.7% against the previous year. Overall, the import price showed a perceptible decrease. The growth pace was the most rapid in 2014 an increase of 53%. Over the period under review, average import prices attained the peak figure at $X per unit in 2015; however, from 2016 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 Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+19.1%), 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 pneumatic linear acting actuators in the world?

The countries with the highest volumes of in 2021 were South Africa, China and Germany, together accounting for 43% of global consumption. These countries were followed by Russia, India, the United States, Brazil, Japan, Mexico, Italy and South Korea, which together accounted for a further 39%.

What are the largest producers of pneumatic linear acting actuators in the world?

China constituted the country with the largest volume of pneumatic linear acting actuator production, comprising approx. 33% of total volume. Moreover, pneumatic linear acting actuator production in China exceeded the figures recorded by the second-largest producer, Poland, threefold. The third position in this ranking was occupied by India, with a 10% share.

What are the leading suppliers of pneumatic linear acting actuators to Bangladesh?

In value terms, Germany constituted the largest supplier of pneumatic linear acting actuator to Bangladesh, comprising 34% of total imports. The second position in the ranking was occupied by China, with a 14% share of total imports. It was followed by Japan, with a 12% share.

What is the average export price for pneumatic linear acting actuators in Bangladesh?

In 2019, the average pneumatic linear acting actuator export price amounted to $210 per unit, waning by -4.5% against the previous year.

What is the average import price for pneumatic linear acting actuators in Bangladesh?

In 2021, the average pneumatic linear acting actuator import price amounted to $80 per unit, with an increase of 7.5% against the previous year.

This report provides an in-depth analysis of the market for pneumatic linear acting actuator 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 28121180 - Pneumatic linear acting actuators (including cylinders)

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