
Bangladesh - Radio Receivers for Motor Vehicles - Market Analysis, Forecast, Size, Trends and Insights
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Bangladesh: Vehicle Radio Market 2022
Vehicle Radio Market Size in Bangladesh
In 2021, the Bangladeshi vehicle radio market was finally on the rise to reach $X after two years of decline. Overall, consumption saw noticeable growth. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2021, consumption stood at a somewhat lower figure.
Vehicle Radio Imports
Imports into Bangladesh
In 2021, after two years of decline, there was significant growth in purchases abroad of radio receivers for motor vehicles, when their volume increased by X% to X units. Over the period under review, imports continue to indicate a remarkable increase. Imports peaked at X units in 2015; however, from 2016 to 2021, imports remained at a lower figure.
In value terms, vehicle radio imports soared to $X in 2021. Overall, imports showed mild growth. Imports peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.
Imports by Country
In 2021, India (X units) was the main supplier of vehicle radio to Bangladesh, with a approx. X% share of total imports.
From 2012 to 2021, the average annual growth rate of volume from India stood at +X%.
In value terms, India ($X) constituted the largest supplier of vehicle radio to Bangladesh.
From 2012 to 2021, the average annual growth rate of value from India amounted to +X%.
Import Prices by Country
The average vehicle radio import price stood at $X per unit in 2021, declining by -X% against the previous year. Over the period under review, the import price saw a pronounced setback. The growth pace was the most rapid in 2019 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per unit in 2017; however, from 2018 to 2021, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for India.
From 2012 to 2021, the rate of growth in terms of prices for India amounted to +X% per year.
Source: IndexBox Platform
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2021 | 2007-2021 | 2022-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the vehicle radio 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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