Bangladesh Autos Report - Business Monitor International - Industry Reports

Bangladesh Autos Report

Bangladesh Autos Report - Business Monitor International - Industry Reports
Bangladesh Autos Report
Published Sep 03, 2016
34 pages — Published Sep 03, 2016
Price US$ 1,295.00  |  Buy this Report Now

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Abstract:

...We also now believe that the near-term outlook for commercial vehicles (+--.- growth in ----) is stronger than for passenger cars (+--.- ). ...In the commercial vehicle segment, public infrastructure will facilitate manufacturing sector development and drive significant construction sector growth. In its FY----/-- budget, the government outlined plans to double its Annual Development Programme (ADP) expenditure in the fuel and energy sectors to USD-.-bn, while increasing its budget for transportation and communication by --.- to USD-.-bn. The budget for the ADP will also be increased by more than -- to USD--.-bn for the upcoming FY----/--. ...Moreover, the future implementation of the Trans-Pacific Partnership free trade agreement (which excludes Bangladesh) could increase the threat posed by Vietnam to Bangladesh s textiles industry.

...Given a strong first half, we believe the time is right to make a slight upwards revision to our ---- forecast for Bangladeshi new vehicle sales. We are now targeting --.- growth for the sector in ----, to reach --,--- units. We also now believe that the short-term outlook for commercial vehicles (+--.- growth in ----) is stronger than for passenger cars (+--.- ). Over the long term, the establishment of a more substantial local production base could prove transformative in boosting domestic sales and developing a wider supplier segment. Spare part suppliers are also becoming increasingly interested in Bangladesh, with new tyre and battery production plants set to open. ...Spare part suppliers are also becoming increasingly interested in Bangladesh, with new tyre and battery production plants set to open. We expect used car sales to continue to power ahead over our forecast period to ----, despite the fact that the relative average price of a used car in Bangladesh is somewhat higher than in many of its regional peers.

...New vehicle sales in Bangladesh continue to power ahead, in line with our expectations. Over H---, passenger car sales (jeeps, private passenger cars and taxicabs) totalled --,--- units, with commercial vehicle sales (vans, buses, pick-ups, special purpose vehicles and trucks) totalling --,--- units, according to information from the Bangladesh Road Transport Authority. ...New vehicle sales in Bangladesh continue to power ahead, in line with our expectations. Over H---, passenger car sales (jeeps, private passenger cars and taxicabs) totalled --,--- units, with commercial vehicle sales (vans, buses, pick-ups, special purpose vehicles and trucks) totalling --,--- units, according to information from the Bangladesh Road Transport Authority. This made for a total new vehicle sales market --,--- units. ...

  
Source:
Document ID
2058-6558
Country
Industry
Format:
PDF Adobe Acrobat
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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MLA:
Business Monitor International - Industry Reports. "Bangladesh Autos Report" Sep 03, 2016. Alacra Store. Dec 02, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Bangladesh-Autos-Report-2026-1694>
  
APA:
Business Monitor International - Industry Reports. (2016). Bangladesh Autos Report Sep 03, 2016. New York, NY: Alacra Store. Retrieved Dec 02, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Bangladesh-Autos-Report-2026-1694>
  
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