Price for Reciprocating or Rotary Internal Combustion Piston Engines in Bangladesh - 2022
Contents:
- Price for Reciprocating or Rotary Internal Combustion Piston Engines in Bangladesh (CIF) - 2022
- Price for Reciprocating or Rotary Internal Combustion Piston Engines in Bangladesh (FOB) - 2022
- Imports of Reciprocating or Rotary Internal Combustion Piston Engines in Bangladesh
- Exports of Reciprocating or Rotary Internal Combustion Piston Engines in Bangladesh
Price for Reciprocating or Rotary Internal Combustion Piston Engines in Bangladesh (CIF) - 2022
In 2022, the average import price for reciprocating or rotary internal combustion piston engineses amounted to $250 per unit, picking up by 5% against the previous year. Over the period under review, the import price, however, faced a drastic downturn. Over the period under review, average import prices reached the maximum at $1,468 per unit in 2012; however, from 2013 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 India ($235 per unit), while the price for Malaysia stood at $136 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+22.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Reciprocating or Rotary Internal Combustion Piston Engines in Bangladesh (FOB) - 2022
In 2022, the average export price for reciprocating or rotary internal combustion piston engineses amounted to $36,912 per unit, dropping by -14.3% against the previous year. Overall, the export price, however, posted a prominent expansion. The pace of growth was the most pronounced in 2020 an increase of 244%. The export price peaked at $43,064 per unit in 2021, and then reduced in the following year.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($73,568 per unit), while the average price for exports to Germany ($1,676 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 Germany (+35.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Reciprocating or Rotary Internal Combustion Piston Engines in Bangladesh
In 2022, imports of reciprocating or rotary internal combustion piston engineses into Bangladesh expanded modestly to 404K units, with an increase of 3.1% against the previous year's figure. In general, imports saw a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 71%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in the near future.
In value terms, imports of reciprocating or rotary internal combustion piston engineses amounted to $101M in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +7.0% 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 +70.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 58% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to continue growth in years to come.
| Import of Reciprocating or Rotary Internal Combustion Piston Engines in Bangladesh (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 42.0 | 43.6 | 78.7 | 92.0 | 29.9% |
| Others | 40.4 | 15.4 | 14.5 | 8.7 | -40.1% |
| Total | 82.4 | 59.0 | 93.2 | 101 | 7.0% |
Top Suppliers of Reciprocating or Rotary Internal Combustion Piston Engines to Bangladesh in 2022:
- India (391.2K units)
Exports of Reciprocating or Rotary Internal Combustion Piston Engines in Bangladesh
In 2022, after two years of decline, there was significant growth in overseas shipments of reciprocating or rotary internal combustion piston engineses, when their volume increased by 5.7% to 74 units. Overall, exports, however, saw a dramatic slump. Over the period under review, the exports of reached the maximum at 526 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of reciprocating or rotary internal combustion piston engineses shrank to $2.4M in 2022. In general, exports, however, faced a drastic downturn. The growth pace was the most rapid in 2021 when exports increased by 4.4%. Over the period under review, the exports of attained the maximum at $4.1M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Reciprocating or Rotary Internal Combustion Piston Engines in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 3,380 | 1,817 | 1,922 | 1,693 | -20.6% |
| Japan | 443 | 399 | 395 | 386 | -4.5% |
| South Korea | 173 | 187 | 223 | 261 | 14.7% |
| Germany | 6.4 | 5.6 | 5.3 | 5.0 | -7.9% |
| Others | 56.4 | 65.8 | 38.7 | 90.6 | 17.1% |
| Total | 4,059 | 2,474 | 2,584 | 2,436 | -15.6% |
Top Export Markets for Reciprocating or Rotary Internal Combustion Piston Engines from Bangladesh in 2022:
- Austria (45.0 units)
- Japan (10.0 units)
- South Korea (7.0 units)
- Germany (3.0 units)
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