Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Bangladesh - 2022
Contents:
- Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Bangladesh (CIF) - 2022
- Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Bangladesh (FOB) - 2022
- Imports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Bangladesh
- Exports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Bangladesh
Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Bangladesh (CIF) - 2022
In 2022, the average import price for electric motors and generators amounted to $11 per unit, reducing by -25.4% against the previous year. Over the period under review, the import price showed a abrupt curtailment. The pace of growth appeared the most rapid in 2017 when the average import price increased by 52% against the previous year. Over the period under review, average import prices attained the peak figure at $64 per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Singapore ($35 per unit), while the price for China ($8.3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+0.6%), while the prices for the other major suppliers experienced a decline.
Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Bangladesh (FOB) - 2022
The average export price for electric motors and generators stood at $93 per unit in 2022, with a decrease of -34.9% against the previous year. In general, the export price, however, recorded a remarkable increase. The most prominent rate of growth was recorded in 2015 when the average export price increased by 186%. Over the period under review, the average export prices hit record highs at $143 per unit in 2021, and then declined sharply in the following year.
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 Indonesia ($314 per unit), while the average price for exports to France ($1.4 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 the Netherlands (+298.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Bangladesh
Imports of electric motors and generators into Bangladesh soared to 677K units in 2022, with an increase of 107% compared with 2021. In general, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of electric motors and generators surged to $7.6M in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +7.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +82.0% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Bangladesh (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.9 | 1.6 | 2.3 | 5.0 | 0.7% |
| Singapore | 0.2 | 1.4 | 1.3 | 1.4 | 91.3% |
| India | 0.1 | 0.3 | 0.5 | 0.3 | 44.2% |
| Others | 0.9 | 0.9 | 0.8 | 0.8 | -3.9% |
| Total | 6.1 | 4.2 | 4.9 | 7.6 | 7.6% |
Top Suppliers of Electric Motors and Generators; DC, of an Output Not Exceeding 750W to Bangladesh in 2022:
- China (606.8K units)
- Singapore (40.3K units)
- India (24.8K units)
Exports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Bangladesh
In 2022, approx. 97 units of electric motors and generators were exported from Bangladesh; surging by 14% on 2021. In general, exports, however, recorded a sharp decrease. The most prominent rate of growth was recorded in 2021 with an increase of 130% against the previous year. The exports peaked at 342 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of electric motors and generators shrank markedly to $9K in 2022. Over the period under review, exports, however, showed a dramatic decline. The growth pace was the most rapid in 2021 when exports increased by 317%. The exports peaked at $20K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | N/A | N/A | 4.4 | 3.8 | -13.6% |
| Singapore | 0.7 | 0.7 | 1.5 | 1.7 | 34.4% |
| Canada | N/A | 0.1 | 0.7 | 1.5 | 287.3% |
| South Korea | 0.4 | 0.1 | 0.2 | 1.2 | 44.2% |
| India | 3.9 | 1.5 | 1.8 | 0.6 | -46.4% |
| China | 0.3 | 0.1 | 0.2 | 0.2 | -12.6% |
| France | N/A | N/A | N/A | N/A | 0% |
| Netherlands | 11.1 | N/A | N/A | N/A | 0% |
| Others | 3.3 | 0.4 | 3.4 | N/A | 1.5% |
| Total | 19.8 | 2.9 | 12.1 | 9.0 | -23.1% |
Top Export Markets for Electric Motors and Generators; DC, of an Output Not Exceeding 750W from Bangladesh in 2022:
- Canada (25.0 units)
- France (17.0 units)
- South Korea (17.0 units)
- India (16.0 units)
- Indonesia (12.0 units)
- Singapore (8.0 units)
- China (2.0 units)
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In 2016, approx. X tons of motor were imported worldwide- flattening at the previous year level. In general, motor imports continue to indicate a drastic deduction. The pace of growth was the mos...
1198
China continued its dominance in the global motor trade. In 2014, China exported X million units of motors totaling X million USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its total motor ex
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