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BD ranks one of lowest in owning motor vehicles.

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Published : 03 Mar 2017, 00:07:47
BD ranks one of lowest in owning motor vehicles
Only 2.0pc households have cars or motor bikes

FE Report


Bangladesh's position in terms of owning motorised vehicles by households is one of the lowest in the world, according to a survey.

Only 2.0 per cent of the country's households own cars, motorcycles or bikes, revealed a survey, conducted in 44 countries in 2016 by the Washington-based Pew Research Centre.

The survey found that more people had bikes than cars. The average for car ownership was one-third while for bike ownership, it was around 42 per cent.

The survey report said: "In South and Southeast Asian countries, the proportion of car owners was incredibly low. In Bangladesh, for example, only 2.0 per cent reported having a car."

However, Vietnam's position in ownership of car is similar to Bangladesh.

Among the Asia and the Pacific region, South Korea topped the position having 83 per cent ownership in cars, followed by Malaysia with 82 per cent and Japan 81 per cent. In South Asia, 6.0 per cent of Indian households own a car as compared to 3.0 per cent in Pakistan.

Italy tops in the global ranking having 89 per cent of its households owning a car. America trailed closely behind with 88 per cent.

In general, developed countries showed a high rate of car ownership. In Europe, for example, the average national share of car owners was 79 per cent.

Germany topped the list of bike-owning countries, with 80 per cent of respondents owning bikes-way more than the United States, where only 53 per cent owned bikes.

In emerging markets like Vietnam, Chile, China and Indonesia, around two-thirds of the population owned bikes.

But within these emerging economies, bike-ownership was not positively associated with income-the way it was in developed countries.

This might be because owning a bicycle in the US is more about biking as a hobby or recreational activity than in other emerging economies, where it is more often a means of transport, said the report.

Of the three means of transport, motorcycles were the least common.

The survey found a high concentration of them in South and Southeast Asia, probably because those were not very expensive in these places.

Some eight in 10 people in Thailand, Vietnam, Indonesia, and Malaysia reported owning one.

The Pew Research Centre is a nonpartisan American 'fact tank', provides information on social issues, public opinion, and demographic trends shaping the United States and the world.
http://www.thefinancialexpress-bd.c...-ranks-one-of-lowest-in-owning-motor-vehicles
 
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Published : 03 Mar 2017, 00:07:47




BD ranks one of lowest in owning motor vehicles
Only 2.0pc households have cars or motor bikes

FE Report


Bangladesh's position in terms of owning motorised vehicles by households is one of the lowest in the world, according to a survey.

Only 2.0 per cent of the country's households own cars, motorcycles or bikes, revealed a survey, conducted in 44 countries in 2016 by the Washington-based Pew Research Centre.

The survey found that more people had bikes than cars. The average for car ownership was one-third while for bike ownership, it was around 42 per cent.

The survey report said: "In South and Southeast Asian countries, the proportion of car owners was incredibly low. In Bangladesh, for example, only 2.0 per cent reported having a car."

However, Vietnam's position in ownership of car is similar to Bangladesh.

Among the Asia and the Pacific region, South Korea topped the position having 83 per cent ownership in cars, followed by Malaysia with 82 per cent and Japan 81 per cent. In South Asia, 6.0 per cent of Indian households own a car as compared to 3.0 per cent in Pakistan.

Italy tops in the global ranking having 89 per cent of its households owning a car. America trailed closely behind with 88 per cent.

In general, developed countries showed a high rate of car ownership. In Europe, for example, the average national share of car owners was 79 per cent.

Germany topped the list of bike-owning countries, with 80 per cent of respondents owning bikes-way more than the United States, where only 53 per cent owned bikes.

In emerging markets like Vietnam, Chile, China and Indonesia, around two-thirds of the population owned bikes.

But within these emerging economies, bike-ownership was not positively associated with income-the way it was in developed countries.

This might be because owning a bicycle in the US is more about biking as a hobby or recreational activity than in other emerging economies, where it is more often a means of transport, said the report.

Of the three means of transport, motorcycles were the least common.

The survey found a high concentration of them in South and Southeast Asia, probably because those were not very expensive in these places.

Some eight in 10 people in Thailand, Vietnam, Indonesia, and Malaysia reported owning one.

The Pew Research Centre is a nonpartisan American 'fact tank', provides information on social issues, public opinion, and demographic trends shaping the United States and the world.
http://www.thefinancialexpress-bd.c...-ranks-one-of-lowest-in-owning-motor-vehicles

Majority of those 2% are used second hand cars.

In 2016 total number of new cars sold in Bangladesh was around 5000.

@Nilgiri
 
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That's good. Stick to rickshaw and stay green. :tup:
I am in favor of gradual phasing out of Rickshaw.There is no justification for inhuman profession like pulling vehicle by human muscle power in twenty-first century.This rickshaw also detrimental to the image of our country.You can never convince any outsider that this country is developing and progressing when they see our road are clogged by manual rickshaw.
 
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Among the countries mentioned, we have the lowest GDP PPP here so no surprise...

Although It's surprising to see Thailand ahead of China and Indonesia behind India....maybe India's strong automobile industry is responsible.

They should've included Nepal, Afghanistan and Myanmar as well. Not good putting us that below.
 
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Majority of those 2% are used second hand cars.

In 2016 total number of new cars sold in Bangladesh was around 50000.

@Nilgiri
Yes, the majority of private cars are used cars from Japan. The maximum limit of age of import cars is around 5 years. However, quality of these used cars in BD is much higher than the made-in-India new cars built with Murir Tin. BD govt, for now, does not encourage building assembly factories, because roads are insufficient to take the load.

The import and sales taxes have also been kept very high to discourage import. For example, if the price was $15,000 when it was new, the import taxes are roughly 180% of this value. However, depreciation for a 5 year old car is {(10%1st year + 4 yr. x 5%)} = 30%. So, roughly, the tax after depreciation is ($15,000 x 70%) x 180%= $18,900 or Tk.1,474,200 (approx.) for a 5 year old vehicle.

We are now building the necessary infrastructure like roads, bridges and culverts as well as speedways before we can indulge in filling the country with motor vehicles. However, BD needs to emphasize more on improving the mass transit system,such as City railway and bus transit systems so as not to fill the overcrowded roads with motor vehicles.
 
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Among the countries mentioned, we have the lowest GDP PPP here so no surprise...

Although It's surprising to see Thailand ahead of China and Indonesia behind India....maybe India's strong automobile industry is responsible.

They should've included Nepal, Afghanistan and Myanmar as well. Not good putting us that below.
My biggest surprise was Vietnam.I didn't expected them that low.
China only recently achieved Thailand's per capita income.China is still about savings and investment rather than consumption.It will take time to match Thai consumption level for them.
You assertion on India and Vietnam are correct.Plus Vietnamese economy is much less consumption driven than India.They are in a same boat as China.
 
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Yes, the majority of private cars are used cars from Japan. The maximum limit of age of import cars is around 5 years. However, quality of these used cars in BD is much higher than the made-in-India new cars built with Murir Tin. BD govt, for now, does not encourage building assembly factories, because roads are insufficient to take the load.

You keep telling that to yourself. Every major manufacturer is making cars in India today, be it the Germans, the Japanese, the Americans or the Koreans.

But if you guys are happy to buy second hand, written off and refurbished hand me downs for your hard earned money then who am I to stop you:lol: Fact of the matter is that there are some very influential people in the business of second hand automobile in Bangladesh, and they are the ones who don't want new imports from India and elsewhere to be eating into their monopoly.
 
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You keep telling that to yourself. Every major manufacturer is making cars in India today, be it the Germans, the Japanese, the Americans or the Koreans.

But if you guys are happy to buy second hand, written off and refurbished hand me downs for your hard earned money then who am I to stop you:lol: Fact of the matter is that there are some very influential people in the business of second hand automobile in Bangladesh, and they are the ones who don't want new imports from India and elsewhere to be eating into their monopoly.
I as a buyer not going to buy a indian made toyota. I love my money more than you do.
 
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BD govt, for now, does not encourage building assembly factories, because roads are insufficient to take the load.
Plus it help us to maintain a positive trade balance by limiting oil import.Bangladesh imported only 1.5 billion dollar worth of oil in the last year while India imported 64 billion dollar worth of oil.So average Indian spent five times more money on oil import than average Bangladeshi with around same per capita income.It's like 'Goriber Ghora roog':P
 
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I as a buyer not going to buy a indian made toyota. I love my money more than you do.

Yes cause you are a Bangladeshi, you d rather buy a second hand JDM Toyota with 30,000 Km on the odometer with your money than an brand new Indian made VW, Honda, Toyota, Nissan, Ford, Chevrolet, Renault or Hyundai :lol:

Classic case of cutting of your nose to spite your face
 
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Yes cause you are a Bangladeshi, you d rather buy a second hand JDM Toyota with 30,000 Km on the odometer with your money than an brand new Indian made VW, Honda, Toyota, Nissan, Ford, Chevrolet, Renault or Hyundai :lol:

Classic case of cutting of your nose to spite your face
Because i know i can add another 200,000 in my odometer in a japanese 2nd hand whereas i will be able to barely pass 100,000 in a indian first hand car.
 
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You keep telling that to yourself. Every major manufacturer is making cars in India today, be it the Germans, the Japanese, the Americans or the Koreans.

But if you guys are happy to buy second hand, written off and refurbished hand me downs for your hard earned money then who am I to stop you:lol: Fact of the matter is that there are some very influential people in the business of second hand automobile in Bangladesh, and they are the ones who don't want new imports from India and elsewhere to be eating into their monopoly.

Yeah their second hand crap from SEA (mostly singapore because of COE - if they even know what that is and why it limits their own BD law to 5 years more) is so much better than the cars we export to the source-country :D

http://blogs.wsj.com/indiarealtime/...de-in-india-cars-are-being-exported-to-japan/

Like I said, this subforum is a good joke indeed.

Even with the mssive secondhand total import, they manage consumption of 20,000 cars per year.

With 3 times population of Myanmar, they have way less cars and motorbikes in total and still consume less of them per year too:

https://defence.pk/pdf/threads/myanmar-defence-forum.347379/page-77#post-9260825

https://www.brta.gov.bd/images/statistics-bd-sept-16.pdf

Then they holler that its a big conspiracy that their PPP per capita is so low compared to Myanmar and India.

This malnourished basket case is good for a laugh, some cheap underwear and whine-production, little else.

In 2016 alone, India produced more than 200 cars for every 1 that BD managed to buy, with about 7 - 8 times the population. This disparity (the OP car household car ownership rate) is only going to increase because the BD market is simply not growing by anything significant.

Yes cause you are a Bangladeshi, you d rather buy a second hand JDM Toyota with 30,000 Km on the odometer with your money than an brand new Indian made VW, Honda, Toyota, Nissan, Ford, Chevrolet, Renault or Hyundai :lol:

Classic case of cutting of your nose to spite your face

They can't afford the latter lol. PPP per capita of barely over 3500 USD. Thats worse than so many subsaharan countries.
 
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car ownership in Indonesia is mostly on corporates/companies tabs instead of individual ownership, this research is done on private household percentage not on the whole Car or motorcycle sales.
 
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