Report Bangladesh - Motor Vehicles Compression-Ignition Internal Combustion Piston Engines - Market Analysis, Forecast, Size, Trends and Insights for 499$

Report Update Nov 1, 2024

Bangladesh - Motor Vehicles Compression-Ignition Internal Combustion Piston Engines - Market Analysis, Forecast, Size, Trends and Insights

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Bangladesh: Internal Combustion Engines Market 2024

Internal Combustion Engines Market Size in Bangladesh

The Bangladeshi internal combustion engines market declined notably to $X in 2021, reducing by -44.6% 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). Over the period under review, consumption continues to indicate a relatively flat trend pattern. Internal combustion engines consumption peaked at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.

Internal Combustion Engines Exports

Exports from Bangladesh

In 2021, overseas shipments of motor vehicles compression-ignition internal combustion piston engines decreased by -61.8% to X units, falling for the sixth year in a row after four years of growth. Overall, exports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2014 with an increase of 990%. Over the period under review, the exports attained the maximum at X units in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, internal combustion engines exports declined dramatically to $X in 2021. In general, exports, however, enjoyed a buoyant increase. The growth pace was the most rapid in 2014 with an increase of 774%. Over the period under review, the exports attained the peak figure at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Malaysia (X units) was the main destination for internal combustion engines exports from Bangladesh, with a 77% share of total exports. Moreover, internal combustion engines exports to Malaysia exceeded the volume sent to the second major destination, Nigeria (X units), threefold.

From 2012 to 2021, the average annual growth rate of volume to Malaysia was relatively modest.

In value terms, the largest markets for internal combustion engines exported from Bangladesh were Malaysia ($X), Nigeria ($X) and Singapore ($X).

Nigeria, with a CAGR of +13.3%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2021, the average internal combustion engines export price amounted to $X per unit, shrinking by -3.4% against the previous year. Over the period under review, the export price recorded a abrupt shrinkage. The growth pace was the most rapid in 2019 an increase of 41%. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, 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 ($X per unit), while the average price for exports to Malaysia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+11.0%).

Internal Combustion Engines Imports

Imports into Bangladesh

In 2021, supplies from abroad of motor vehicles compression-ignition internal combustion piston engines decreased by -22.2% to X units, falling for the fourth consecutive year after two years of growth. In general, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when imports increased by 425% against the previous year. Over the period under review, imports hit record highs at X units in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, internal combustion engines imports reduced notably to $X in 2021. Overall, imports showed a perceptible reduction. The growth pace was the most rapid in 2014 when imports increased by 338% against the previous year. Over the period under review, imports attained the maximum at $X in 2020, and then shrank rapidly in the following year.

Imports by Country

China (X units), India (X units) and Japan (X units) were the main suppliers of internal combustion engines imports to Bangladesh, with a combined 96% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +31.1%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest internal combustion engines suppliers to Bangladesh were China ($X), Japan ($X) and India ($X), together comprising 87% of total imports.

Among the main suppliers, China, with a CAGR of +37.4%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average internal combustion engines import price amounted to $X per unit, dropping by -56.4% against the previous year. In general, the import price showed a pronounced contraction. The pace of growth was the most pronounced in 2020 an increase of 92%. As a result, import price attained the peak level of $X per unit, and then shrank remarkably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per unit), while the price for India ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+25.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for motor vehicles compression-ignition internal combustion piston engines in the world?

The countries with the highest volumes of internal combustion engines consumption in 2021 were Mexico, South Africa and China, together comprising 46% of global consumption. The United States, India, Germany, the Czech Republic, France, Italy, Turkey, South Korea, Spain and Thailand lagged somewhat behind, together accounting for a further 33%.

What are the largest producers of motor vehicles compression-ignition internal combustion piston engines in the world?

The country with the largest volume of internal combustion engines production was China, comprising approx. 24% of total volume. Moreover, internal combustion engines production in China exceeded the figures recorded by the second-largest producer, India, twofold. Poland ranked third in terms of total production with an 8.3% share.

What are the leading suppliers of motor vehicles compression-ignition internal combustion piston engines to Bangladesh?

In value terms, China constituted the largest supplier of internal combustion engines to Bangladesh, comprising 43% of total imports. The second position in the ranking was occupied by the United Arab Emirates, with a 2.4% share of total imports.

What are the leading importers of motor vehicles compression-ignition internal combustion piston engines from Bangladesh?

In value terms, Malaysia emerged as the key foreign market for internal combustion engines exports from Bangladesh, comprising 81% of total exports. The second position in the ranking was occupied by Nigeria, with an 11% share of total exports.

What is the average export price for motor vehicles compression-ignition internal combustion piston engines in Bangladesh?

The average internal combustion engines export price stood at $940 per unit in 2021, shrinking by -8.1% against the previous year.

What is the average import price for motor vehicles compression-ignition internal combustion piston engines in Bangladesh?

The average internal combustion engines import price stood at $2,541 per unit in 2021, declining by -19% against the previous year.

This report provides an in-depth analysis of the internal combustion engines 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 29101300 - Vehicle compression-ignition internal combustion piston engines (diesel or semi-diesel) (excluding for railway or tramway rolling stock)

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