Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Bangladesh - 2022

Contents:

  1. Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Bangladesh (CIF) - 2022
  2. Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Bangladesh (FOB) - 2022
  3. Imports of Drawing, Marking-Out or Mathematical Calculating Instruments in Bangladesh
  4. Exports of Drawing, Marking-Out or Mathematical Calculating Instruments in Bangladesh

Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Bangladesh (CIF) - 2022

The average import price for drawing, marking-out or mathematical calculating instrumentses stood at $7.9 per unit in 2022, remaining stable against the previous year. Overall, the import price continues to indicate a remarkable increase. The pace of growth was the most pronounced in 2015 when the average import price increased by 168% against the previous year. The import price peaked in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($12 per unit), while the price for China amounted to $7.3 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+15.8%).

Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Bangladesh (FOB) - 2022

The average export price for drawing, marking-out or mathematical calculating instrumentses stood at $18 per unit in 2022, surging by 97% against the previous year. In general, the export price showed a buoyant increase. The pace of growth was the most pronounced in 2019 an increase of 153% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the near future.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($181 per unit), while the average price for exports to Poland ($6.5 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 Malaysia (+33.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Drawing, Marking-Out or Mathematical Calculating Instruments in Bangladesh

In 2022, purchases abroad of drawing, marking-out or mathematical calculating instrumentses was finally on the rise to reach 492K units after two years of decline. Over the period under review, imports, however, showed a mild decrease. Imports peaked at 510K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of drawing, marking-out or mathematical calculating instrumentses skyrocketed to $3.9M in 2022. In general, imports continue to indicate strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Drawing, Marking-Out or Mathematical Calculating Instruments in Bangladesh (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.70.90.93.36.9%
India0.30.10.10.518.6%
Others0.10.10.10.10.0%
Total3.01.01.13.99.1%

Top Suppliers of Drawing, Marking-Out or Mathematical Calculating Instruments to Bangladesh in 2022:

  1. China (452.4K units)
  2. India (38.8K units)

Exports of Drawing, Marking-Out or Mathematical Calculating Instruments in Bangladesh

In 2022, exports of drawing, marking-out or mathematical calculating instrumentses from Bangladesh amounted to 6.7K units, approximately mirroring 2021 figures. Over the period under review, exports saw a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 2,590% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of drawing, marking-out or mathematical calculating instrumentses skyrocketed to $118K in 2022. In general, exports posted a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 3,862% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.

Export of Drawing, Marking-Out or Mathematical Calculating Instruments in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany0.80.736.163.2329.1%
SlovakiaN/AN/AN/A23.60%
Poland0.10.418.516.6449.6%
Czech RepublicN/AN/AN/A8.70%
IrelandN/AN/AN/A3.70%
Others0.70.45.12.041.9%
Total1.61.559.7118319.4%

Top Export Markets for Drawing, Marking-Out or Mathematical Calculating Instruments from Bangladesh in 2022:

  1. Poland (2.5K units)
  2. Germany (2.4K units)
  3. Slovakia (1.0K units)
  4. Czech Republic (0.5K units)
  5. Ireland (0.2K units)

Source: IndexBox Market Intelligence Platform

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