Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Bangladesh - 2022
Contents:
- Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Bangladesh (CIF) - 2022
- Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Bangladesh (FOB) - 2022
- Imports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Bangladesh
- Exports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Bangladesh
Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Bangladesh (CIF) - 2022
In 2022, the average import price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) amounted to $563 per unit, remaining constant against the previous year. Overall, the import price enjoyed a modest increase. The growth pace was the most rapid in 2016 an increase of 38% against the previous year. Over the period under review, average import prices reached the maximum at $1,101 per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($717 per unit), while the price for India ($25 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.3%), while the prices for the other major suppliers experienced a decline.
Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Bangladesh (FOB) - 2022
In 2022, the average export price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) amounted to $3,079 per unit, with an increase of 50% against the previous year. In general, the export price, however, recorded a perceptible slump. The pace of growth was the most pronounced in 2017 when the average export price increased by 139% against the previous year. Over the period under review, the average export prices reached the maximum at $13,320 per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($6,094 per unit), while the average price for exports to India ($1,105 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 India (+46.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Bangladesh
In 2022, the amount of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) imported into Bangladesh amounted to 174K units, growing by 5% against the year before. In general, imports, however, continue to indicate a slight slump. The pace of growth appeared the most rapid in 2020 when imports increased by 20% against the previous year. As a result, imports reached the peak of 215K units. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) stood at $98M in 2022. Overall, imports, however, recorded a deep setback. The most prominent rate of growth was recorded in 2020 when imports increased by 12%. As a result, imports attained the peak of $148M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
Import of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Bangladesh (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 88.7 | 79.3 | 78.3 | 51.6 | -16.5% |
France | N/A | 21.4 | N/A | 31.4 | 21.1% |
Singapore | 0.3 | 1.0 | 0.2 | 4.1 | 139.1% |
Japan | 4.9 | 2.9 | 5.0 | 1.7 | -29.7% |
Italy | 0.1 | 29.3 | N/A | 0.4 | 58.7% |
India | 1.1 | 0.5 | 0.8 | 0.4 | -28.6% |
Malaysia | 0.9 | 0.4 | 0.1 | N/A | -66.7% |
Others | 36.9 | 13.7 | 8.8 | 8.5 | -38.7% |
Total | 133 | 148 | 93.2 | 98.0 | -9.7% |
Top Suppliers of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) to Bangladesh in 2022:
- China (90.3K units)
- France (43.7K units)
- India (17.0K units)
- Singapore (11.8K units)
- Japan (2.8K units)
- Malaysia (0.6K units)
- Italy (0.5K units)
Exports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Bangladesh
In 2022, overseas shipments of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) decreased by -6.4% to 132 units, falling for the second consecutive year after two years of growth. Overall, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 154% against the previous year. As a result, the exports attained the peak of 142 units. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) skyrocketed to $406K in 2022. In general, exports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 129%. The exports peaked in 2022 and are likely to continue growth in the near future.
Export of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Bangladesh (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | N/A | 124 | 54.2 | 158 | 12.9% |
Netherlands | N/A | 5.7 | 1.6 | 139 | 393.8% |
United Kingdom | 30.9 | 130 | 103 | 86.0 | 40.7% |
India | 1.4 | 28.4 | 28.9 | 11.0 | 98.8% |
South Korea | 36.4 | N/A | N/A | N/A | 0% |
Malaysia | 2.2 | N/A | 42.8 | N/A | 341.1% |
Greece | N/A | N/A | 45.4 | N/A | 0% |
Others | 68.3 | 29.9 | 13.0 | 11.7 | -44.5% |
Total | 139 | 318 | 289 | 406 | 42.9% |
Top Export Markets for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) from Bangladesh in 2022:
- United Kingdom (52.0 units)
- Netherlands (39.0 units)
- United Arab Emirates (26.0 units)
- India (10.0 units)
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