Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Bangladesh - 2022
Contents:
- Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Bangladesh (CIF) - 2022
- Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Bangladesh (FOB) - 2022
- Imports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Bangladesh
- Exports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Bangladesh
Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Bangladesh (CIF) - 2022
The average import price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs stood at $112,661 per unit in 2022, increasing by 44% against the previous year. Over the period under review, the import price continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2016 when the average import price increased by 139%. The import price peaked in 2022 and is expected to retain growth in years to come.
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 ($479,275 per unit), while the price for Thailand ($25,894 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+44.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Bangladesh (FOB) - 2022
In 2022, the average export price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs amounted to $41,722 per unit, which is down by -4.2% against the previous year. In general, the export price, however, recorded a strong expansion. The growth pace was the most rapid in 2015 when the average export price increased by 173% against the previous year. Over the period under review, the average export prices hit record highs at $47,411 per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Nigeria ($35,864 per unit), while the average price for exports to the United States stood at $5,858 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+174.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Bangladesh
In 2022, imports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs into Bangladesh fell markedly to 91 units, shrinking by -55% on 2021 figures. In general, imports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 58%. As a result, imports attained the peak of 202 units, and then contracted markedly in the following year.
In value terms, imports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs reduced remarkably to $9.2M in 2022. Over the period under review, imports, however, saw moderate growth. The pace of growth was the most pronounced in 2021 when imports increased by 79%. As a result, imports reached the peak of $16M, and then contracted sharply in the following year.
| Import of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Bangladesh (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 0.7 | 2.7 | 5.5 | 2.2 | 46.5% |
| Germany | 2.2 | 1.8 | 2.9 | 1.9 | -4.8% |
| United Kingdom | 0.7 | 1.4 | 2.5 | 1.8 | 37.0% |
| Canada | 0.3 | 1.2 | 2.2 | 1.2 | 58.7% |
| Hong Kong SAR | 0.2 | 0.2 | 0.4 | 0.7 | 51.8% |
| Japan | 1.3 | 0.6 | 1.0 | 0.5 | -27.3% |
| Singapore | 0.5 | 0.2 | 0.5 | 0.3 | -15.7% |
| India | 0.2 | 0.2 | 0.3 | 0.2 | 0.0% |
| United States | 0.4 | 0.1 | 0.2 | 0.1 | -37.0% |
| United Arab Emirates | 1.3 | 0.1 | 0.2 | 0.1 | -57.5% |
| Others | 0.5 | 0.2 | 0.3 | 0.2 | -26.3% |
| Total | 8.3 | 8.9 | 15.9 | 9.2 | 3.5% |
Top Suppliers of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc to Bangladesh in 2022:
- Australia (27.0 units)
- United Kingdom (17.0 units)
- Japan (14.0 units)
- Hong Kong SAR (9.0 units)
- Canada (6.0 units)
- Singapore (4.0 units)
- Germany (4.0 units)
- United States (2.0 units)
- United Arab Emirates (2.0 units)
- India (2.0 units)
Exports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Bangladesh
In 2022, shipments abroad of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs decreased by 0% to 2 units for the first time since 2019, thus ending a two-year declining trend. In general, exports showed a abrupt slump. The smallest decline of -33.3% was in 2020. Over the period under review, the exports of attained the peak figure at 3 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs declined to $42K in 2022. Over the period under review, exports saw a pronounced reduction. The smallest decline of -4.2% was in 2021. Over the period under review, the exports of reached the maximum at $47K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nigeria | 23.0 | 38.5 | 37.2 | 35.9 | 16.0% |
| United States | 4.4 | 6.9 | 6.4 | 5.9 | 10.3% |
| Georgia | 9.9 | N/A | N/A | N/A | 0% |
| Others | 10.2 | N/A | N/A | N/A | 0% |
| Total | 47.4 | 45.4 | 43.5 | 41.7 | -4.2% |
Top Export Markets for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc from Bangladesh in 2022:
- United States (1.0 units)
- Nigeria (1.0 units)
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