Bangladesh - Telecommunications Instruments - Market Analysis, Forecast, Size, Trends and Insights
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Telecommunications Instrument Market Size in Bangladesh
The Bangladeshi telecommunications instrument market skyrocketed to $X in 2021, jumping by 53% 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 saw a significant increase. Over the period under review, the market reached the peak level in 2021 and is likely to see steady growth in the immediate term.
Telecommunications Instrument Exports
Exports from Bangladesh
In 2021, shipments abroad of telecommunications instruments decreased by -80% to X units for the first time since 2017, thus ending a three-year declining trend. Overall, exports continue to indicate a sharp contraction. The pace of growth appeared the most rapid in 2017 with an increase of 75%. Over the period under review, the exports reached the peak figure at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.
In value terms, telecommunications instrument exports fell rapidly to $X in 2021. Over the period under review, exports faced a abrupt decline. The pace of growth was the most pronounced in 2018 with an increase of 32% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.
Exports by Country
Hong Kong SAR (X units) was the main destination for telecommunications instrument exports from Bangladesh, with a approx. 100% share of total exports.
From 2012 to 2021, the average annual growth rate of volume to Hong Kong SAR totaled -21.7%.
In value terms, Hong Kong SAR ($X) remains the key foreign market for telecommunications instruments exports from Bangladesh, comprising 74% of total exports. The second position in the ranking was taken by Germany ($X), with a 24% share of total exports.
From 2012 to 2021, the average annual rate of growth in terms of value to Hong Kong SAR stood at -16.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-10.3% per year) and France (-31.3% per year).
Export Prices by Country
The average telecommunications instrument export price stood at $X per unit in 2021, picking up by 35% against the previous year. Over the period under review, the export price continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 59% against the previous year. Over the period under review, the average export prices hit record highs in 2021 and is likely to continue growth in years to come.
There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to France ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+29.3%), while the prices for the other major destinations experienced mixed trend patterns.
Telecommunications Instrument Imports
Imports into Bangladesh
In 2021, approx. X units of telecommunications instruments were imported into Bangladesh; jumping by 53% against 2020 figures. In general, imports enjoyed a significant increase. The growth pace was the most rapid in 2016 when imports increased by 1,516%. Imports peaked in 2021 and are expected to retain growth in years to come.
In value terms, telecommunications instrument imports surged to $X in 2021. Overall, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2016 when imports increased by 1,318%. Imports peaked in 2021 and are likely to see steady growth in years to come.
Imports by Country
The Czech Republic (X units), Switzerland (X units) and Germany (X units) were the main suppliers of telecommunications instrument imports to Bangladesh, with a combined 38% share of total imports.
From 2012 to 2021, the biggest increases were recorded for Germany (with a CAGR of +153.5%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, the largest telecommunications instrument suppliers to Bangladesh were the Czech Republic ($X), Switzerland ($X) and Germany ($X), together accounting for 47% of total imports.
In terms of the main suppliers, Germany, with a CAGR of +132.4%, saw 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 telecommunications instrument import price stood at $X per unit in 2021, flattening at the previous year. In general, the import price, however, continues to indicate a noticeable slump. The most prominent rate of growth was recorded in 2018 when the average import price increased by 19%. Over the period under review, average import prices reached the peak figure at $X per unit in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per unit), while the price for Austria ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+14.4%), while the prices for the other major suppliers experienced more modest paces of growth.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the telecommunications instrument 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 26514400 - Instruments and apparatus, for telecommunications
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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