Bangladesh - Starter Motors And Dual Purpose Starter Generators - Market Analysis, Forecast, Size, Trends and Insights
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View PricingStarter Motor Price in Bangladesh - 2022
Contents:
- Starter Motor Price in Bangladesh (CIF) - 2022
- Starter Motor Price in Bangladesh (FOB) - 2022
- Starter Motor Imports in Bangladesh
- Starter Motor Exports in Bangladesh
Starter Motor Price in Bangladesh (CIF) - 2022
In 2022, the average starter motor import price amounted to $13 per unit, increasing by 8% against the previous year. Overall, the import price, however, showed a abrupt setback. The pace of growth appeared the most rapid in 2017 an increase of 35% against the previous year. Over the period under review, average import prices hit record highs at $38 per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($42 per unit), while the price for India ($8.9 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-3.8%), while the prices for the other major suppliers experienced a decline.
Starter Motor Price in Bangladesh (FOB) - 2022
The average starter motor export price stood at $140 per unit in 2022, stabilizing at the previous year. In general, the export price continues to indicate a prominent expansion. The pace of growth appeared the most rapid in 2019 when the average export price increased by 68% against the previous year. As a result, the export price attained the peak level of $141 per unit. From 2020 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +12.5% per year.
Starter Motor Imports in Bangladesh
In 2022, the amount of starter motors and dual purpose starter generators imported into Bangladesh reduced to 255K units, declining by -14% against the previous year. The total import volume increased at an average annual rate of +2.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 39%. As a result, imports attained the peak of 297K units, and then fell in the following year.
In value terms, starter motor imports reduced to $3.4M in 2022. Overall, imports saw a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 17%. Over the period under review, imports attained the maximum at $5.6M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Import of Starter Motor in Bangladesh (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 2,282 | 1,377 | 2,138 | 1,963 | -4.9% |
China | 1,450 | 235 | 252 | 242 | -44.9% |
Czech Republic | 94.2 | 120 | 218 | 162 | 19.8% |
United Kingdom | 662 | 705 | 138 | 131 | -41.7% |
Germany | 589 | 34.1 | 215 | 111 | -42.7% |
Others | 477 | 699 | 736 | 826 | 20.1% |
Total | 5,553 | 3,170 | 3,698 | 3,434 | -14.8% |
Top Suppliers of Starter Motor to Bangladesh in 2022:
- India (221.4K units)
- China (13.8K units)
- Czech Republic (4.2K units)
- United Kingdom (3.1K units)
- Germany (2.9K units)
Starter Motor Exports in Bangladesh
After three years of growth, shipments abroad of starter motors and dual purpose starter generators decreased by -8.3% to 8.9K units in 2022. The total export volume increased at an average annual rate of +9.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 20%. The exports peaked at 9.7K units in 2021, and then fell in the following year.
In value terms, starter motor exports shrank to $1.2M in 2022. The total export value increased at an average annual rate of +9.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 19% against the previous year. As a result, the exports attained the peak of $1.4M, and then declined in the following year.
Export of Starter Motor in Bangladesh (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 1.0 | 1.1 | 1.4 | 1.2 | 6.3% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 1.0 | 1.1 | 1.4 | 1.2 | 6.3% |
Top Export Markets for Starter Motor from Bangladesh in 2022:
- United States (8.8K units)
This report provides an in-depth analysis of the starter motor 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.
Product coverage:
- Prodcom 29312230 - Starter motors and dual-purpose starter-generators
Country coverage:
- Bangladesh
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Bangladesh
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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