Price for Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in Bangladesh - 2022
Contents:
- Price for Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in Bangladesh (CIF) - 2022
- Price for Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in Bangladesh (FOB) - 2022
- Imports of Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in Bangladesh
- Exports of Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in Bangladesh
Price for Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in Bangladesh (CIF) - 2022
The average import price for engines; pneumatic power engines and motors, other than linear acting (cylinders)s stood at $243 per unit in 2022, surging by 47% against the previous year. Overall, the import price, however, recorded a abrupt decrease. The growth pace was the most rapid in 2013 when the average import price increased by 111% against the previous year. Over the period under review, average import prices reached the maximum at $2.3 thousand per unit in 2014; however, from 2015 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 Germany ($659 per unit), while the price for China ($62 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+10.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in Bangladesh (FOB) - 2022
The average export price for engines; pneumatic power engines and motors, other than linear acting (cylinders)s stood at $3 thousand per unit in 2022, picking up by 28% against the previous year. In general, the export price recorded a prominent increase. The pace of growth appeared the most rapid in 2020 an increase of 188% against the previous year. As a result, the export price reached the peak level of $4.7 thousand per unit. From 2021 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Greece.
From 2012 to 2022, the rate of growth in terms of prices for Greece amounted to +5.6% per year.
Imports of Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in Bangladesh
Imports of engines; pneumatic power engines and motors, other than linear acting (cylinders)s into Bangladesh skyrocketed to 4.2K units in 2022, picking up by 29% compared with the year before. Overall, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +12.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +99.5% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 55% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of engines; pneumatic power engines and motors, other than linear acting (cylinders)s skyrocketed to $1M in 2022. In general, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 132 | 142 | 173 | 516 | 57.5% |
| United Kingdom | 58.1 | 1.0 | 3.6 | 97.1 | 18.7% |
| China | 83.9 | 66.2 | 223 | 87.5 | 1.4% |
| Germany | 22.0 | 15.2 | 13.2 | 78.4 | 52.7% |
| India | 11.1 | 14.1 | 20.3 | 54.7 | 70.2% |
| Japan | 18.5 | 25.9 | 8.6 | 42.0 | 31.4% |
| Singapore | 1.8 | 18.2 | 13.2 | 24.3 | 138.1% |
| Malaysia | 64.6 | 89.2 | 10.2 | 21.1 | -31.1% |
| Others | 120 | 69.7 | 77.3 | 110 | -2.9% |
| Total | 512 | 442 | 543 | 1,031 | 26.3% |
Top Suppliers of Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) to Bangladesh in 2022:
- Hong Kong SAR (1581.0 units)
- China (1419.0 units)
- United Kingdom (371.0 units)
- India (203.0 units)
- Singapore (136.0 units)
- Germany (119.0 units)
- Japan (79.0 units)
- Malaysia (41.0 units)
Exports of Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in Bangladesh
In 2022, after three years of growth, there was significant decline in shipments abroad of engines; pneumatic power engines and motors, other than linear acting (cylinders)s, when their volume decreased by -60% to 4 units. Overall, exports, however, showed a strong expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 233% against the previous year. As a result, the exports reached the peak of 10 units, and then plummeted in the following year.
In value terms, exports of engines; pneumatic power engines and motors, other than linear acting (cylinders)s fell dramatically to $12K in 2022. In general, exports, however, saw a significant increase. The growth pace was the most rapid in 2020 when exports increased by 188% against the previous year. The exports peaked at $23K in 2021, and then dropped remarkably in the following year.
| Export of Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Greece | 2.2 | 1.1 | 23.3 | 11.9 | 75.5% |
| India | 2.7 | 2.0 | N/A | N/A | -25.9% |
| Others | N/A | 11.1 | N/A | N/A | 0% |
| Total | 4.9 | 14.1 | 23.3 | 11.9 | 34.4% |
Top Export Markets for Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) from Bangladesh in 2022:
- Greece (4.0 units)
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