Bangladesh - Garden Tools - Market Analysis, Forecast, Size, Trends And Insights
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View PricingGarden Tool Price in Bangladesh - 2022
Contents:
- Garden Tool Price in Bangladesh (CIF) - 2022
- Garden Tool Price in Bangladesh (FOB) - 2022
- Garden Tool Imports in Bangladesh
- Garden Tool Exports in Bangladesh
Garden Tool Price in Bangladesh (CIF) - 2022
In 2022, the average garden tool import price amounted to $3,205 per ton, shrinking by -37.8% against the previous year. In general, the import price, however, showed a notable increase. The most prominent rate of growth was recorded in 2015 when the average import price increased by 69% against the previous year. As a result, import price attained the peak level of $7,983 per ton. From 2016 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 the UK ($81,839 per ton), while the price for Malaysia ($1,018 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+14.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Garden Tool Price in Bangladesh (FOB) - 2022
The average garden tool export price stood at $9,395 per ton in 2022, with an increase of 24% against the previous year. Overall, the export price, however, recorded a noticeable downturn. The most prominent rate of growth was recorded in 2018 an increase of 73% against the previous year. The export price peaked at $12,186 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($25,474 per ton), while the average price for exports to the UK ($3,405 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+10.6%), while the prices for the other major destinations experienced more modest paces of growth.
Garden Tool Imports in Bangladesh
In 2022, garden tool imports into Bangladesh soared to 13 tons, picking up by 364% on the previous year's figure. In general, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, garden tool imports surged to $41K in 2022. Overall, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Garden Tool in Bangladesh (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 9.0 | 10.0 | 7.8 | 18.3 | 26.7% |
India | 1.3 | 1.8 | 1.0 | 13.9 | 120.3% |
Singapore | 4.2 | 4.0 | 2.7 | 4.9 | 5.3% |
China | 5.1 | 5.8 | 1.7 | 0.9 | -43.9% |
Malaysia | 0.4 | 0.3 | 0.2 | 0.3 | -9.1% |
Others | 1.5 | 1.3 | 0.9 | 2.9 | 24.6% |
Total | 21.5 | 23.2 | 14.3 | 41.2 | 24.2% |
Top Suppliers of Garden Tool to Bangladesh in 2022:
- India (11.3 tons)
- Singapore (0.6 tons)
- Malaysia (0.3 tons)
- China (0.3 tons)
- United Kingdom (0.2 tons)
Garden Tool Exports in Bangladesh
In 2022, exports of garden tools from Bangladesh fell rapidly to 2.5 tons, reducing by -15.5% compared with 2021 figures. In general, exports, however, enjoyed significant growth. The growth pace was the most rapid in 2021 when exports increased by 839% against the previous year. As a result, the exports reached the peak of 2.9 tons, and then declined dramatically in the following year.
In value terms, garden tool exports expanded to $23K in 2022. Over the period under review, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 822% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in the immediate term.
Export of Garden Tool in Bangladesh (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | N/A | 0.8 | 16.7 | 18.0 | 374.3% |
United Kingdom | 0.4 | 0.3 | 1.2 | 1.5 | 55.4% |
Austria | 0.2 | 0.2 | 1.0 | 1.4 | 91.3% |
Poland | 1.3 | 0.6 | 1.1 | 1.0 | -8.4% |
Ireland | 0.8 | 0.4 | 0.8 | 0.5 | -14.5% |
Others | N/A | N/A | 1.2 | 0.6 | -50.0% |
Total | 2.7 | 2.4 | 22.0 | 23.0 | 104.2% |
Top Export Markets for Garden Tool from Bangladesh in 2022:
- United States (1822.0 kg)
- United Kingdom (439.0 kg)
- Austria (75.0 kg)
- Ireland (50.0 kg)
- Poland (38.0 kg)
This report provides an in-depth analysis of the garden tool 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 25731055 - Forks and other hand tools (excluding clasp knives) for agriculture, horticulture or forestry
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 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- 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 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- 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, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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