Report Update Nov 1, 2024

Bangladesh - Sawing or Cutting-Off Machines for Working Metal - Market Analysis, Forecast, Size, Trends and Insights

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Bangladesh: Metal Sawing Machine Market 2024

Metal Sawing Machine Market Size in Bangladesh

The Bangladeshi metal sawing machine market soared to $X in 2021, rising by 59% 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 continues to indicate significant growth. Over the period under review, the market attained the peak level in 2021 and is likely to see gradual growth in years to come.

Metal Sawing Machine Exports

Exports from Bangladesh

In 2019, after three years of decline, there was decline in shipments abroad of sawing or cutting-off machines for working metal, when their volume decreased by 0% to X units. Over the period under review, exports showed a sharp curtailment. The smallest decline of -25% was in 2016. Over the period under review, the exports reached the peak figure at X units in 2013; however, from 2014 to 2019, the exports failed to regain momentum.

In value terms, metal sawing machine exports totaled $X in 2019. Overall, exports recorded a remarkable increase. The smallest decline of -26.5% was in 2016. Over the period under review, the exports hit record highs in 2019 and are expected to retain growth in the near future.

Exports by Country

China (X units) was the main destination for metal sawing machine exports from Bangladesh, with a approx. 100% share of total exports.

From 2013 to 2019, the average annual rate of growth in terms of volume to China was relatively modest.

From 2013 to 2019, the average annual growth rate of value to China was relatively modest.

Export Prices by Country

The average metal sawing machine export price stood at $X per unit in 2019, therefore, remained relatively stable against the previous year. Overall, the export price recorded a significant expansion. The most prominent rate of growth was recorded in 2016 a decrease of -1.9% against the previous year. Over the period under review, the average export prices reached the maximum in 2019 and is likely to continue growth in years to come.

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

From 2013 to 2019, the rate of growth in terms of prices for Palau amounted to 0.0% per year.

Metal Sawing Machine Imports

Imports into Bangladesh

In 2021, approx. X units of sawing or cutting-off machines for working metal were imported into Bangladesh; picking up by 59% against 2020. In general, imports posted a significant increase. The growth pace was the most rapid in 2013 with an increase of 603% against the previous year. Imports peaked in 2021 and are likely to see steady growth in years to come.

In value terms, metal sawing machine imports soared to $X in 2021. Over the period under review, total imports indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +5.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of 122% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the near future.

Imports by Country

In 2021, China (X units) was the main metal sawing machine supplier to Bangladesh, with a 91% share of total imports. It was followed by South Korea (X units), with a 2.7% share of total imports. The third position in this ranking was taken by Japan (X units), with a 2.7% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +51.2%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+18.9% per year) and Japan (+58.5% per year).

In value terms, China ($X) constituted the largest supplier of sawing or cutting-off machines for working metal to Bangladesh, comprising 67% of total imports. The second position in the ranking was taken by Japan ($X), with an 8.9% share of total imports. It was followed by Taiwan (Chinese), with a 2.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +2.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+31.3% per year) and Taiwan (Chinese) (-6.1% per year).

Import Prices by Country

In 2021, the average metal sawing machine import price amounted to $X per unit, surging by 9.3% against the previous year. In general, the import price, however, faced a significant decrease. The pace of growth was the most pronounced in 2015 an increase of 94%. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (-9.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sawing or cutting-off machines for working metal in the world?

China remains the largest metal sawing machine consuming country worldwide, accounting for 24% of total volume. Moreover, metal sawing machine consumption in China exceeded the figures recorded by the second-largest consumer, the United States, threefold. Japan ranked third in terms of total consumption with a 5.6% share.

What are the largest producers of sawing or cutting-off machines for working metal in the world?

The country with the largest volume of metal sawing machine production was China, accounting for 65% of total volume. Moreover, metal sawing machine production in China exceeded the figures recorded by the second-largest producer, Taiwan Chinese), ninefold. Japan ranked third in terms of total production with a 5.6% share.

What are the leading suppliers of sawing or cutting-off machines for working metal to Bangladesh?

In value terms, China constituted the largest supplier of metal sawing machine to Bangladesh, comprising 76% of total imports. The second position in the ranking was occupied by Taiwan Chinese), with a 9.1% share of total imports. It was followed by South Korea, with a 0.7% share.

What is the average export price for sawing or cutting-off machines for working metal in Bangladesh?

In 2019, the average metal sawing machine export price amounted to $1,697 per unit, almost unchanged from the previous year.

What is the average import price for sawing or cutting-off machines for working metal in Bangladesh?

The average metal sawing machine import price stood at $3,655 per unit in 2020, picking up by 54% against the previous year.

This report provides an in-depth analysis of the metal sawing 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 28412470 - Sawing or cutting-off machines for working 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