Report Update Nov 1, 2024

Bangladesh - Syringes, With or Without Needles - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Bangladesh: Syringe Market 2024

Syringe Market Size in Bangladesh

The Bangladeshi syringe market expanded remarkably to $X in 2022, rising by 9.8% 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 prominent growth. Syringe consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Syringe Exports

Exports from Bangladesh

In 2022, exports of syringes, with or without needles from Bangladesh plummeted to X units, reducing by -49% compared with 2021 figures. In general, exports saw a abrupt setback. The most prominent rate of growth was recorded in 2021 when exports increased by 4,977%. Over the period under review, the exports attained the maximum at X units in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, syringe exports contracted markedly to $X in 2022. Overall, exports recorded a sharp reduction. The growth pace was the most rapid in 2021 with an increase of 1,724% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

South Korea (X units) was the main destination for syringe exports from Bangladesh, accounting for a 80% share of total exports. Moreover, syringe exports to South Korea exceeded the volume sent to the second major destination, Slovakia (X units), fivefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to South Korea totaled +24.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (0.0% per year) and Denmark (-14.1% per year).

In value terms, Denmark ($X) emerged as the key foreign market for syringes, with or without needles exports from Bangladesh, comprising 35% of total exports. The second position in the ranking was held by South Korea ($X), with a 2.7% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Denmark amounted to +55.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (+28.5% per year) and Slovakia (0.0% per year).

Export Prices by Country

The average syringe export price stood at $X per unit in 2022, with an increase of 3.4% against the previous year. In general, the export price, however, showed a slight descent. The most prominent rate of growth was recorded in 2020 when the average export price increased by 183%. As a result, the export price attained the peak level of $X per unit. From 2021 to 2022, the average export prices remained at a lower figure.

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 Denmark ($X per unit), while the average price for exports to South Korea (less than $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 Cote d'Ivoire (+361.9%), while the prices for the other major destinations experienced more modest paces of growth.

Syringe Imports

Imports into Bangladesh

In 2022, syringe imports into Bangladesh rose remarkably to X units, surging by 13% on the year before. Overall, imports recorded a resilient increase. The most prominent rate of growth was recorded in 2014 when imports increased by 104% against the previous year. Over the period under review, imports attained the peak figure at X units in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, syringe imports rose notably to $X in 2022. In general, imports posted prominent growth. The most prominent rate of growth was recorded in 2014 with an increase of 131% against the previous year. Over the period under review, imports attained the maximum at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X units) and the United Arab Emirates (X units) were the main suppliers of syringe imports to Bangladesh.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United Arab Emirates (with a CAGR of +47.5%).

In value terms, China ($X) constituted the largest supplier of syringes, with or without needles to Bangladesh, comprising 47% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with a 10% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China stood at +34.3%.

Import Prices by Country

In 2022, the average syringe import price amounted to $X per unit, falling by -4.8% against the previous year. Overall, the import price saw a perceptible setback. The most prominent rate of growth was recorded in 2018 an increase of 57%. As a result, import price reached the peak level of $X per unit. From 2019 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per unit), while the price for the United Arab Emirates totaled less than $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.8%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for syringes, with or without needles in the world?

The countries with the highest volumes of in 2021 were Bolivia, the United States and India, together comprising 34% of global consumption.

What are the largest producers of syringes, with or without needles in the world?

China remains the largest syringe producing country worldwide, comprising approx. 40% of total volume. Moreover, syringe production in China exceeded the figures recorded by the second-largest producer, the United States, fivefold. The third position in this ranking was occupied by India, with a 7.9% share.

What are the leading suppliers of syringes, with or without needles to Bangladesh?

In value terms, China constituted the largest supplier of syringe to Bangladesh.

What is the average export price for syringes, with or without needles in Bangladesh?

The average syringe export price stood at $0.1 per unit in 2021, falling by -64.1% against the previous year.

What is the average import price for syringes, with or without needles in Bangladesh?

In 2021, the average syringe import price amounted to $0.1 per unit, picking up by 9.4% against the previous year.

This report provides an in-depth analysis of the syringe 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 32501311 - Syringes, with or without needles, used in medical, surgical, d ental or veterinary sciences

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