Ship Propeller Market in Bangladesh
In value terms, ship propeller production dropped sharply to $ in estimated in export price. Overall, production, however, continues to indicate a significant increase. The most prominent rate of growth was recorded in 2017 with an increase of % against the previous year. Ship propeller production peaked at $ in , and then dropped rapidly in the following year.
The value of the ship propeller market in Bangladesh soared to $ in , with an increase of % 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 enjoyed a strong increase. Ship propeller consumption peaked at $ in 2019; however, from to , consumption stood at a somewhat lower figure.