Report Update Nov 1, 2024

Bangladesh - Tungsten Halogen Lamps - Market Analysis, Forecast, Size, Trends and Insights

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Bangladesh: Tungsten Halogen Lamp Market 2024

Tungsten Halogen Lamp Market Size in Bangladesh

The Bangladeshi tungsten halogen lamp market soared to $X in 2021, with an increase of 106% 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 showed a significant increase. Over the period under review, the market hit record highs in 2021 and is likely to continue growth in the near future.

Tungsten Halogen Lamp Exports

Exports from Bangladesh

In 2019, approx. X units of tungsten halogen lamps were exported from Bangladesh; which is down by -4.1% compared with the year before. In general, exports, however, recorded significant growth. Over the period under review, the exports attained the maximum at X units in 2018, and then dropped modestly in the following year.

In value terms, tungsten halogen lamp exports surged to $X in 2019. Overall, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2018 when exports increased by 9,538% against the previous year. Over the period under review, the exports reached the maximum in 2019 and are expected to retain growth in the near future.

Exports by Country

Democratic Republic of the Congo (X units) was the main destination for tungsten halogen lamp exports from Bangladesh, accounting for a approx. 100% share of total exports.

From 2012 to 2019, the average annual growth rate of volume to Democratic Republic of the Congo was relatively modest.

In value terms, Democratic Republic of the Congo ($X) emerged as the key foreign market for tungsten halogen lamps exports from Bangladesh.

From 2012 to 2019, the average annual rate of growth in terms of value to Democratic Republic of the Congo was relatively modest.

Export Prices by Country

In 2019, the average tungsten halogen lamp export price amounted to $X per unit, increasing by 107% against the previous year. Over the period under review, the export price continues to indicate a noticeable expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Democratic Republic of the Congo.

From 2012 to 2019, the rate of growth in terms of prices for Poland amounted to 0.0% per year.

Tungsten Halogen Lamp Imports

Imports into Bangladesh

Tungsten halogen lamp imports into Bangladesh soared to X units in 2021, rising by 167% against 2020 figures. Overall, imports posted a significant expansion. The most prominent rate of growth was recorded in 2014 when imports increased by 751%. Over the period under review, imports reached the peak figure in 2021 and are likely to see gradual growth in the near future.

In value terms, tungsten halogen lamp imports soared to $X in 2021. In general, imports showed a significant increase. The most prominent rate of growth was recorded in 2014 with an increase of 976%. Over the period under review, imports hit record highs in 2021 and are likely to continue growth in years to come.

Imports by Country

In 2021, China (X units) constituted the largest supplier of tungsten halogen lamp to Bangladesh, accounting for a 77% share of total imports. Moreover, tungsten halogen lamp imports from China exceeded the figures recorded by the second-largest supplier, India (X units), fivefold. The third position in this ranking was taken by South Korea (X units), with a 4% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +42.9%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+64.0% per year) and South Korea (+13.1% per year).

In value terms, China ($X), India ($X) and South Korea ($X) appeared to be the largest tungsten halogen lamp suppliers to Bangladesh, with a combined 87% share of total imports.

Among the main suppliers, India, with a CAGR of +75.8%, saw the highest rates of growth with regard to 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 tungsten halogen lamp import price stood at $X per unit in 2021, shrinking by -33.3% against the previous year. Overall, the import price showed a noticeable contraction. The most prominent rate of growth was recorded in 2014 when the average import price increased by 26%. Over the period under review, average import prices reached the maximum at $X per unit in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+7.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for tungsten halogen lamps in the world?

The countries with the highest volumes of tungsten halogen lamp consumption in 2020 were China, the U.S. and India, together comprising 51% of global consumption. Italy, Japan, France, Mexico, Germany, South Korea, Spain, Vietnam, Thailand and Poland lagged somewhat behind, together accounting for a further 30%.

What are the largest producers of tungsten halogen lamps in the world?

China remains the largest tungsten halogen lamp producing country worldwide, comprising approx. 42% of total volume. Moreover, tungsten halogen lamp production in China exceeded the figures recorded by the second-largest producer, India, fourfold. The U.S. ranked third in terms of total production with a 8.7% share.

What are the leading suppliers of tungsten halogen lamps to Bangladesh?

In value terms, the largest tungsten halogen lamp suppliers to Bangladesh were China, India and Japan, together accounting for 84% of total imports.

What is the average export price for tungsten halogen lamps in Bangladesh?

The average tungsten halogen lamp export price stood at $1.5 per unit in 2019, approximately reflecting the previous year.

What is the average import price for tungsten halogen lamps in Bangladesh?

The average tungsten halogen lamp import price stood at $9.7 per unit in 2020, dropping by -5.3% against the previous year.

This report provides an in-depth analysis of the tungsten halogen lamp 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 27401250 - Tungsten halogen filament lamps for motorcycles and motor vehicles (excluding ultraviolet and infrared lamps)
Prodcom 27401293 - Tungsten halogen filament lamps, for a voltage > .100 V (excluding ultraviolet and infra-red lamps, for motorcycles and motor vehicles)
Prodcom 27401295 - Tungsten halogen filament lamps for a voltage . .100 V (excluding ultraviolet and infrared lamps, for motorcycles and motor vehicles)

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