Report Update Nov 1, 2024

Bangladesh - Air Conditioning Machines for Motor Vehicles - Market Analysis, Forecast, Size, Trends and Insights

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Bangladesh: Market for Air Conditioning Machines For Motor Vehicles 2024

Exports of Air Conditioning Machines For Motor Vehicles

Exports from Bangladesh

In 2019, motor vehicle air conditioning machine exports from Bangladesh amounted to X units, stabilizing at 2018. In general, exports saw a sharp decline. The smallest decline of 99.9% was in 2016. The exports peaked at X units in 2015; however, from 2016 to 2019, the exports failed to regain momentum.

In value terms, motor vehicle air conditioning machine exports stood at $X in 2019. Overall, exports saw a sharp shrinkage. The smallest decline of 99.9% was in 2016. The exports peaked at $X in 2015; however, from 2016 to 2019, the exports failed to regain momentum.

Exports by Country

France (X units) was the main destination for motor vehicle air conditioning machine exports from Bangladesh, accounting for a approx. 100% share of total exports.

From 2015 to 2019, the average annual growth rate of volume to France was relatively modest.

From 2015 to 2019, the average annual growth rate of value to France was relatively modest.

Export Prices by Country

In 2019, the average export price for air conditioning machines for motor vehicles amounted to $X per unit, remaining constant against the previous year. In general, the export price recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2016 when the average export price decreased by 99.9%. Over the period under review, the average export prices attained the maximum at $X per unit in 2015; however, from 2016 to 2019, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for France.

From 2015 to 2019, the rate of growth in terms of prices for Taiwan (Chinese) amounted to 0.0% per year.

Imports of Air Conditioning Machines For Motor Vehicles

Imports into Bangladesh

In 2022, supplies from abroad of air conditioning machines for motor vehicles was finally on the rise to reach X units for the first time since 2019, thus ending a two-year declining trend. In general, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2016 when imports increased by 774%. Over the period under review, imports hit record highs at X units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, motor vehicle air conditioning machine imports expanded remarkably to $X in 2022. Overall, imports recorded a significant increase. The pace of growth was the most pronounced in 2016 with an increase of 474% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of motor vehicle air conditioning machine to Bangladesh, with a 56% share of total imports. Moreover, motor vehicle air conditioning machine imports from China exceeded the figures recorded by the second-largest supplier, South Korea (X units), twofold. The third position in this ranking was held by Singapore (X units), with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +34.3%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+37.1% per year) and Singapore (+20.2% per year).

In value terms, China ($X), South Korea ($X) and Singapore ($X) were the largest motor vehicle air conditioning machine suppliers to Bangladesh, together accounting for 86% of total imports. The United Arab Emirates and Turkey lagged somewhat behind, together comprising a further 8.8%.

The United Arab Emirates, with a CAGR of +54.5%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for air conditioning machines for motor vehicles amounted to $X per unit, which is down by -3.8% against the previous year. Overall, the import price saw a abrupt curtailment. The pace of growth was the most pronounced in 2013 when the average import price increased by 22%. Over the period under review, average import prices hit record highs at $X per unit in 2015; however, from 2016 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 the United Arab Emirates ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+2.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for air conditioning machines for motor vehicles in the world?

China constituted the country with the largest volume of motor vehicle air conditioning machine consumption, accounting for 23% of total volume. Moreover, motor vehicle air conditioning machine consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The United States ranked third in terms of total consumption with an 8% share.

What are the largest producers of air conditioning machines for motor vehicles in the world?

China remains the largest motor vehicle air conditioning machine producing country worldwide, comprising approx. 26% of total volume. Moreover, motor vehicle air conditioning machine production in China exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was occupied by Japan, with a 6.3% share.

What are the leading suppliers of air conditioning machines for motor vehicles to Bangladesh?

In value terms, China, South Korea and Singapore appeared to be the largest motor vehicle air conditioning machine suppliers to Bangladesh, together comprising 90% of total imports. These countries were followed by India and Turkey, which together accounted for a further 6.6%.

What is the average export price for air conditioning machines for motor vehicles in Bangladesh?

In 2019, the average export price for air conditioning machines for motor vehicles amounted to $18,882 per ton, flattening at the previous year.

What is the average import price for air conditioning machines for motor vehicles in Bangladesh?

The average import price for air conditioning machines for motor vehicles stood at $13,977 per ton in 2021, with an increase of 5.3% against the previous year.

This report provides an in-depth analysis of the market for motor vehicle air conditioning machine 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 28251240 - Air conditioning machines of a kind used in motor vehicles

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023