Report Update May 1, 2025

Bangladesh - Self-Propelled Earth Moving, Excavating Machinery - Market Analysis, Forecast, Size, Trends and Insights

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Bangladesh: Self-Propelled Excavating Machinery Market 2025

Self-Propelled Excavating Machinery Market Size in Bangladesh

In 2021, the Bangladeshi self-propelled excavating machinery market was finally on the rise to reach $X for the first time since 2017, thus ending a three-year declining trend. Over the period under review, consumption continues to indicate a prominent expansion. Over the period under review, the market attained the peak level at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.

Self-Propelled Excavating Machinery Exports

Exports from Bangladesh

In 2013, the amount of self-propelled earth moving, excavating machinery exported from Bangladesh totaled X units, stabilizing at 2012 figures. In general, exports saw a relatively flat trend pattern. The exports peaked in 2013 and are expected to retain growth in the near future.

In value terms, self-propelled excavating machinery exports stood at $X in 2013. Over the period under review, exports saw a relatively flat trend pattern. The exports peaked in 2013 and are likely to see gradual growth in years to come.

Exports by Country

India (X units) was the main destination for self-propelled excavating machinery exports from Bangladesh, with a approx. 100% share of total exports.

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

From 2013 to 2013, the average annual rate of growth in terms of value to India was relatively modest.

Self-Propelled Excavating Machinery Imports

Imports into Bangladesh

In 2021, after four years of decline, there was significant growth in purchases abroad of self-propelled earth moving, excavating machinery, when their volume increased by 36% to X units. Overall, imports posted significant growth. The pace of growth appeared the most rapid in 2016 with an increase of 289% against the previous year. As a result, imports attained the peak of X units. From 2017 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, self-propelled excavating machinery imports dropped dramatically to $X in 2021. In general, imports enjoyed resilient growth. The growth pace was the most rapid in 2016 with an increase of 131% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, India (X units) constituted the largest self-propelled excavating machinery supplier to Bangladesh, accounting for a 61% share of total imports. Moreover, self-propelled excavating machinery imports from India exceeded the figures recorded by the second-largest supplier, Italy (X units), fourfold. The third position in this ranking was taken by the United Arab Emirates (X units), with an 8% share.

From 2012 to 2021, the average annual growth rate of volume from India amounted to +53.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+31.8% per year) and the United Arab Emirates (+22.0% per year).

In value terms, India ($X) constituted the largest supplier of self-propelled earth moving, excavating machinery to Bangladesh, comprising 70% of total imports. The second position in the ranking was held by Italy ($X), with a 15% share of total imports. It was followed by China, with an 11% share.

From 2012 to 2021, the average annual growth rate of value from India totaled +47.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+16.2% per year) and China (+13.9% per year).

Import Prices by Country

In 2021, the average self-propelled excavating machinery import price amounted to $X per unit, shrinking by -39.3% against the previous year. In general, the import price saw a abrupt downturn. The pace of growth was the most pronounced in 2017 an increase of 93% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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 China ($X per unit), while the price for Japan ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+2.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for self-propelled earth moving, excavating machinery in the world?

The countries with the highest volumes of self-propelled excavating machinery consumption in 2021 were China, France and Spain, with a combined 39% share of global consumption. These countries were followed by Belgium, the Czech Republic, the UK, Indonesia, Japan, Singapore, Denmark, Thailand, Australia and the Netherlands, which together accounted for a further 34%.

What are the largest producers of self-propelled earth moving, excavating machinery in the world?

China remains the largest self-propelled excavating machinery producing country worldwide, accounting for 35% of total volume. Moreover, self-propelled excavating machinery production in China exceeded the figures recorded by the second-largest producer, South Korea, twofold. The third position in this ranking was occupied by Spain, with an 8.8% share.

What are the leading suppliers of self-propelled earth moving, excavating machinery to Bangladesh?

In value terms, India constituted the largest supplier of self-propelled excavating machinery to Bangladesh.

What is the average export price for self-propelled earth moving, excavating machinery in Bangladesh?

In 2013, the average self-propelled excavating machinery export price amounted to $44,071 per unit, approximately equating the previous year.

What is the average import price for self-propelled earth moving, excavating machinery in Bangladesh?

In 2021, the average self-propelled excavating machinery import price amounted to $18,494 per unit, dropping by -4.6% against the previous year.

This report provides an in-depth analysis of the self-propelled excavating machinery 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 28922750 - Self-propelled earth moving, excavating... machinery, n.e.c.

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