Report Update Nov 1, 2024

Bangladesh - Vacuum Pumps - 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: Vacuum Pump Market 2024

Vacuum Pump Market Size in Bangladesh

The Bangladeshi vacuum pump market dropped sharply to $X in 2022, falling by -21.4% 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). Over the period under review, consumption showed a abrupt setback. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Vacuum Pump Exports

Exports from Bangladesh

In 2022, overseas shipments of vacuum pumps decreased by -8% to X units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, showed a strong increase. The growth pace was the most rapid in 2019 with an increase of 560%. The exports peaked at X units in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, vacuum pump exports shrank markedly to $X in 2022. Overall, exports, however, saw a significant expansion. The growth pace was the most rapid in 2019 with an increase of 716% against the previous year. The exports peaked at $X in 2021, and then dropped markedly in the following year.

Exports by Country

The United States (X units) was the main destination for vacuum pump exports from Bangladesh, accounting for a 84% share of total exports. Moreover, vacuum pump exports to the United States exceeded the volume sent to the second major destination, the Netherlands (X units), tenfold.

From 2012 to 2022, the average annual growth rate of volume to the United States totaled +18.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+37.4% per year) and India (+7.2% per year).

In value terms, the United States ($X) remains the key foreign market for vacuum pumps exports from Bangladesh, comprising 93% of total exports. The second position in the ranking was taken by India ($X), with a 6% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States stood at +31.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (+36.5% per year) and the Netherlands (+110.0% per year).

Export Prices by Country

The average vacuum pump export price stood at $X per unit in 2022, with a decrease of -14.6% against the previous year. In general, the export price, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2017 when the average export price increased by 221% against the previous year. The export price peaked at $X per unit in 2021, and then contracted in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($X per unit), while the average price for exports to the Netherlands ($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 China (+1,060.7%), while the prices for the other major destinations experienced more modest paces of growth.

Vacuum Pump Imports

Imports into Bangladesh

In 2022, imports of vacuum pumps into Bangladesh contracted notably to X units, shrinking by -43.8% against the year before. Overall, imports faced a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 142%. Over the period under review, imports attained the maximum at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, vacuum pump imports declined to $X in 2022. Over the period under review, imports, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2014 with an increase of 103%. Over the period under review, imports reached the maximum at $X in 2021, and then declined in the following year.

Imports by Country

India (X units), South Korea (X units) and China (X units) were the main suppliers of vacuum pump imports to Bangladesh, together accounting for 66% of total imports. The UK, Japan, Russia, Germany, Taiwan (Chinese) and Singapore lagged somewhat behind, together comprising a further 26%.

From 2012 to 2022, the biggest increases were recorded for Russia (with a CAGR of +79.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest vacuum pump suppliers to Bangladesh were China ($X), Russia ($X) and India ($X), with a combined 60% share of total imports.

Russia, with a CAGR of +122.1%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average vacuum pump import price amounted to $X per unit, growing by 75% against the previous year. In general, the import price recorded a significant increase. The most prominent rate of growth was recorded in 2020 an increase of 159% against the previous year. As a result, import price reached the peak level of $X per unit. From 2021 to 2022, the average import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+49.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for vacuum pumps in the world?

The countries with the highest volumes of in 2021 were China, South Africa and the United States, with a combined 48% share of global consumption. Brazil, India, Japan, Italy, France, Mexico, Nigeria, Belgium, the UK and South Korea lagged somewhat behind, together comprising a further 33%.

What are the largest producers of vacuum pumps in the world?

The countries with the highest volumes of in 2021 were China, Brazil and the United States, with a combined 50% share of global production. Japan, Germany, Italy, India, Mexico, France, the UK, Belgium, South Korea and Turkey lagged somewhat behind, together accounting for a further 37%.

What are the leading suppliers of vacuum pumps to Bangladesh?

In value terms, Russia constituted the largest supplier of vacuum pump to Bangladesh, comprising 59% of total imports. The second position in the ranking was occupied by China, with a 14% share of total imports. It was followed by the UK, with an 8.4% share.

What are the leading importers of vacuum pumps from Bangladesh?

In value terms, the United States remains the key foreign market for vacuum pump exports from Bangladesh, comprising 85% of total exports. The second position in the ranking was occupied by India, with a 13% share of total exports. It was followed by the Netherlands, with a 1.9% share.

What is the average export price for vacuum pumps in Bangladesh?

In 2021, the average vacuum pump export price amounted to $400 per unit, dropping by -16.6% against the previous year.

What is the average import price for vacuum pumps in Bangladesh?

In 2021, the average vacuum pump import price amounted to $100 per unit, reducing by -9% against the previous year.

This report provides an in-depth analysis of the vacuum pump 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 28132170 - Rotary piston vacuum pumps, sliding vane rotary pumps, m olecular drag pumps, Roots pumps, diffusion pumps, c ryopumps and adsorption pumps
Prodcom 28132190 - Liquid ring

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