Bangladesh: Market for Diesel or Semi-Diesel Electric Generating Sets of Output Over 75 kVA but Under 375 kVA 2024

Market Size for Diesel or Semi-Diesel Electric Generating Sets of Output Over 75 kVA but Under 375 kVA in Bangladesh

The Bangladeshi market for diesel or semi-diesel electric generating sets of output over X kVA but under X kVA fell to $X in 2022, declining by -7.6% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption showed a abrupt slump. Consumption of peaked at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Exports of Diesel or Semi-Diesel Electric Generating Sets of Output Over 75 kVA but Under 375 kVA

Exports from Bangladesh

In 2022, shipments abroad of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA decreased by 0% to X units, falling for the second year in a row after five years of decline. Over the period under review, exports recorded a dramatic downturn. The pace of growth was the most pronounced in 2015 with an increase of 667% against the previous year. Over the period under review, the exports of attained the peak figure at X units in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, exports of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA soared to $X in 2022. In general, exports saw a significant decrease. The most prominent rate of growth was recorded in 2015 when exports increased by 1,029% against the previous year. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports of failed to regain momentum.

Exports by Country

India (X units), Democratic Republic of the Congo (X units) and Singapore (X units) were the main destinations of exports of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA from Bangladesh.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of 0.0%), while shipments for the other leaders experienced a decline.

In value terms, Singapore ($X) remains the key foreign market for diesel or semi-diesel electric generating sets of output over X kVA but under X kVA exports from Bangladesh, comprising 74% of total exports. The second position in the ranking was held by India ($X), with a 24% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Singapore amounted to -27.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (-14.0% per year) and Democratic Republic of the Congo (-46.2% per year).

Export Prices by Country

In 2022, the average export price for diesel or semi-diesel electric generating sets of output over X kVA but under X kVA amounted to $X per unit, surging by 35% against the previous year. Over the period under review, the export price, however, recorded a abrupt contraction. The most prominent rate of growth was recorded in 2015 an increase of 47%. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 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 Singapore ($X per unit), while the average price for exports to Democratic Republic of the Congo ($X 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 (+196.1%), while the prices for the other major destinations experienced a decline.

Imports of Diesel or Semi-Diesel Electric Generating Sets of Output Over 75 kVA but Under 375 kVA

Imports into Bangladesh

Imports of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA into Bangladesh fell slightly to X units in 2022, dropping by -1.6% compared with the year before. Over the period under review, imports saw a abrupt descent. The pace of growth appeared the most rapid in 2021 when imports increased by 42% against the previous year. Over the period under review, imports of reached the maximum at X units in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA contracted to $X in 2022. Overall, imports recorded a slight curtailment. The growth pace was the most rapid in 2021 with an increase of 28%. Imports peaked at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.

Imports by Country

The UK (X units), China (X units) and Argentina (X units) were the main suppliers of imports of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA to Bangladesh, together accounting for 74% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Argentina (with a CAGR of +17.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), the UK ($X) and Singapore ($X) constituted the largest diesel or semi-diesel electric generating set of output over X kVA but under X kVA suppliers to Bangladesh, together comprising 63% of total imports.

China, with a CAGR of +1.2%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average import price for diesel or semi-diesel electric generating sets of output over X kVA but under X kVA amounted to $X per unit, declining by -9.5% against the previous year. Overall, the import price, however, continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2016 when the average import price increased by 105% against the previous year. The import price peaked at $X per unit in 2020; however, from 2021 to 2022, import prices stood at a somewhat 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 Singapore ($X per unit), while the price for Ukraine ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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