Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Bangladesh - 2022

Contents:

  1. Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Bangladesh (CIF) - 2022
  2. Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Bangladesh (FOB) - 2022
  3. Imports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Bangladesh
  4. Exports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Bangladesh

Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Bangladesh (CIF) - 2022

In 2022, the average import price for electric motors and generators amounted to $9,490 per unit, increasing by 29% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 49% against the previous year. The import price peaked at $11,244 per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($12,518 per unit), while the price for Germany ($1,789 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+177.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Bangladesh (FOB) - 2022

In 2022, the average export price for electric motors and generators amounted to $12,931 per unit, reducing by -64.1% against the previous year. Overall, the export price recorded a perceptible reduction. The pace of growth was the most pronounced in 2018 when the average export price increased by 433% against the previous year. Over the period under review, the average export prices reached the maximum at $36,048 per unit in 2021, and then dropped sharply in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($16,286 per unit), while the average price for exports to India amounted to $9,576 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+368.0%), while the prices for the other major destinations experienced a decline.

Imports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Bangladesh

Imports of electric motors and generators into Bangladesh soared to 195 units in 2022, rising by 84% on the previous year's figure. Overall, imports, however, faced a abrupt decrease. Imports peaked at 308 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of electric motors and generators soared to $1.9M in 2022. In general, imports, however, saw a pronounced contraction. Over the period under review, imports of hit record highs at $2M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India1911165601,12180.4%
China1,478308162185-50.0%
Italy27388.847.4178-13.3%
Germany10.13.73.87.2-10.7%
Others38.915.17.4360110.0%
Total1,9925327811,850-2.4%

Top Suppliers of Electric Motors and Generators; DC, of an Output Exceeding 375kW to Bangladesh in 2022:

  1. India (138.0 units)
  2. China (23.0 units)
  3. Italy (22.0 units)
  4. Germany (4.0 units)

Exports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Bangladesh

In 2022, overseas shipments of electric motors and generators decreased by 0% to 2 units, falling for the second year in a row after two years of growth. In general, exports faced a abrupt setback. The pace of growth was the most pronounced in 2020 with an increase of 267%. As a result, the exports attained the peak of 11 units. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of electric motors and generators fell notably to $26K in 2022. Over the period under review, exports saw a sharp setback. The pace of growth was the most pronounced in 2020 with an increase of 422% against the previous year. As a result, the exports attained the peak of $311K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy24.537.243.816.3-12.7%
India35.156.828.39.6-35.1%
ThailandN/A217N/AN/A0%
OthersN/AN/AN/AN/A0%
Total59.631172.125.9-24.3%

Top Export Markets for Electric Motors and Generators; DC, of an Output Exceeding 375kW from Bangladesh in 2022:

  1. Italy (1.0 units)
  2. India (1.0 units)

Source: IndexBox Market Intelligence Platform

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