Report Update May 1, 2025

Bangladesh - Screwdrivers - Market Analysis, Forecast, Size, Trends and Insights

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Bangladesh: Screwdriver Market 2025

Screwdriver Market Size in Bangladesh

In 2021, the Bangladeshi screwdriver market increased by 31% to $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption enjoyed a prominent expansion. Screwdriver consumption peaked at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Screwdriver Exports

Exports from Bangladesh

After six years of growth, shipments abroad of screwdrivers decreased by -75.4% to X kg in 2021. Over the period under review, exports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2017 when exports increased by 345% against the previous year. The exports peaked at X kg in 2020, and then contracted sharply in the following year.

In value terms, screwdriver exports shrank sharply to $X in 2021. Overall, exports, however, continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2018 with an increase of 185% against the previous year. The exports peaked at $X in 2020, and then reduced notably in the following year.

Exports by Country

Costa Rica (X kg), Ukraine (X kg) and Germany (X kg) were the main destinations of screwdriver exports from Bangladesh, with a combined 86% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Ukraine (with a CAGR of +53.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for screwdriver exported from Bangladesh were Ukraine ($X), Germany ($X) and Costa Rica ($X), with a combined 80% share of total exports.

Ukraine, with a CAGR of +87.6%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average screwdriver export price stood at $X per ton in 2021, waning by -29.1% against the previous year. Overall, the export price saw a abrupt decrease. The pace of growth appeared the most rapid in 2013 when the average export price increased by 53%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2021, 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 Canada ($X per ton), while the average price for exports to Costa Rica ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Maldives (+35.4%), while the prices for the other major destinations experienced more modest paces of growth.

Screwdriver Imports

Imports into Bangladesh

In 2021, overseas purchases of screwdrivers were finally on the rise to reach X tons after two years of decline. In general, total imports indicated a temperate increase from 2012 to 2021: its volume increased at an average annual rate of +4.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when imports increased by 111% against the previous year. Over the period under review, imports reached the maximum at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, screwdriver imports surged to $X in 2021. Over the period under review, imports saw buoyant growth. The most prominent rate of growth was recorded in 2014 with an increase of 75% against the previous year. Imports peaked at $X in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) was the main supplier of screwdriver to Bangladesh, accounting for a 96% share of total imports. It was followed by Taiwan (Chinese) (X tons), with a 2.1% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +5.3%.

In value terms, China ($X) constituted the largest supplier of screwdrivers to Bangladesh, comprising 89% of total imports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a 4.4% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +14.3%.

Import Prices by Country

The average screwdriver import price stood at $X per ton in 2021, picking up by 20% against the previous year. Overall, import price indicated a buoyant expansion from 2012 to 2021: its price increased at an average annual rate of +5.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 when the average import price increased by 57% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Taiwan (Chinese) ($X per ton), while the price for China totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+8.6%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for screwdrivers in the world?

China constituted the country with the largest volume of screwdriver consumption, comprising approx. 29% of total volume. Moreover, screwdriver consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The United States ranked third in terms of total consumption with a 7.2% share.

What are the largest producers of screwdrivers in the world?

China remains the largest screwdriver producing country worldwide, comprising approx. 65% of total volume. Moreover, screwdriver production in China exceeded the figures recorded by the second-largest producer, India, sixfold. The third position in this ranking was occupied by Taiwan Chinese), with a 4.2% share.

What are the leading suppliers of screwdrivers to Bangladesh?

In value terms, China constituted the largest supplier of screwdriver to Bangladesh, comprising 93% of total imports. The second position in the ranking was occupied by Taiwan Chinese), with a 3.9% share of total imports.

What are the leading importers of screwdrivers from Bangladesh?

In value terms, Slovakia $871) remains the key foreign market for screwdriver exports from Bangladesh, comprising 50% of total exports. The second position in the ranking was occupied by the Czech Republic $352), with a 20% share of total exports. It was followed by Germany, with a 19% share.

What is the average export price for screwdrivers in Bangladesh?

In 2020, the average screwdriver export price amounted to $9,266 per ton, rising by 61% against the previous year.

What is the average import price for screwdrivers in Bangladesh?

In 2020, the average screwdriver import price amounted to $4,397 per ton, shrinking by -10.8% against the previous year.

This report provides an in-depth analysis of the screwdriver 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 25733063 - Screwdrivers

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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024