Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Bangladesh - 2022

Contents:

1. Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Bangladesh (CIF) - 2022
2. Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Bangladesh (FOB) - 2022
3. Imports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Bangladesh
4. Exports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Bangladesh

Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Bangladesh (CIF) - 2022

In 2022, the average import price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion amounted to $9.7 thousand per unit, growing by 20% against the previous year. Over the period under review, the import price recorded a pronounced expansion. The pace of growth was the most pronounced in 2017 when the average import price increased by 46% against the previous year. As a result, import price attained the peak level of $19 thousand per unit. From 2018 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($97 thousand per unit), while the price for China ($6.4 thousand per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+38.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Bangladesh (FOB) - 2022

In 2022, the average export price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion amounted to $5.8 thousand per unit, declining by -32.7% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 202%. As a result, the export price reached the peak level of $14 thousand per unit. From 2017 to 2022, the average export prices failed to regain momentum.

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 the United Arab Emirates ($8.3 thousand per unit), while the average price for exports to the Netherlands ($4.8 thousand 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 South Korea (+26.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Bangladesh

For the third year in a row, Bangladesh recorded decline in supplies from abroad of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion, which decreased by -39.9% to 1.8K units in 2022. Overall, imports recorded a dramatic shrinkage. The smallest decline of -12.2% was in 2021. Imports peaked at 4.4K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion reduced notably to $18M in 2022. In general, imports continue to indicate a dramatic slump. The smallest decline of -2.1% was in 2021. Over the period under review, imports of reached the peak figure at $42M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Top Suppliers of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion to Bangladesh in 2022:

1. China (1647.0 units)
2. Singapore (46.0 units)
3. United States (27.0 units)
4. Japan (9.0 units)
5. India (1.0 units)

Exports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Bangladesh

In 2022, approx. 68 units of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion were exported from Bangladesh; with an increase of 240% against the previous year's figure. Overall, exports recorded significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 717% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to see gradual growth in years to come.

In value terms, exports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion surged to $393K in 2022. Over the period under review, exports posted a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 662% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the near future.

Top Export Markets for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion from Bangladesh in 2022:

1. Netherlands (29.0 units)
2. United Arab Emirates (19.0 units)
3. United Kingdom (16.0 units)

Source: IndexBox Market Intelligence Platform