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Bangladesh - Bananas and Plantains - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBanana and Plantain Price in Bangladesh - 2022
Contents:
- Banana and Plantain Price in Bangladesh (FOB) - 2022
- Banana and Plantain Price in Bangladesh (CIF) - 2022
- Banana and Plantain Exports in Bangladesh
- Banana and Plantain Imports in Bangladesh
Banana and Plantain Price in Bangladesh (FOB) - 2022
The average banana and plantain export price stood at $1,491 per ton in 2022, shrinking by -14.3% against the previous year. Over the period under review, export price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +6.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, banana and plantain export price decreased by -16.9% against 2020 indices. The most prominent rate of growth was recorded in 2013 an increase of 57%. The export price peaked at $1,795 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($2,481 per ton), while the average price for exports to Qatar ($1,168 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+7.8%), while the prices for the other major destinations experienced more modest paces of growth.
Banana and Plantain Price in Bangladesh (CIF) - 2022
In 2022, the average banana and plantain import price amounted to $652 per ton, rising by 16% against the previous year. Over the last decade, it increased at an average annual rate of +3.3%. The growth pace was the most rapid in 2014 when the average import price increased by 53%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in years to come.
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 Brazil ($937 per ton), while the price for Burundi totaled $615 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+25.5%), while the prices for the other major suppliers experienced a decline.
Banana and Plantain Exports in Bangladesh
In 2022, exports of bananas and plantains from Bangladesh declined remarkably to 242 tons, reducing by -34.9% against the previous year's figure. Overall, exports saw a precipitous decline. The most prominent rate of growth was recorded in 2021 with an increase of 27%.
In value terms, banana and plantain exports contracted remarkably to $360K in 2022. In general, exports faced a sharp descent. The most prominent rate of growth was recorded in 2021 when exports increased by 23%.
Export of Banana and Plantain in Bangladesh (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Kuwait | 132 | 204 | 58.4 | 137 | 1.2% |
Qatar | 156 | 44.2 | 134 | 122 | -7.9% |
Ireland | N/A | N/A | N/A | 35.3 | 0% |
Germany | N/A | 1.5 | 3.0 | 25.4 | 311.5% |
France | 11.0 | 7.6 | 12.6 | 17.9 | 17.6% |
Bahrain | 87.1 | 14.5 | 25.0 | 14.6 | -44.9% |
Saudi Arabia | 680 | 250 | 406 | N/A | -22.7% |
Others | 3.3 | 1.6 | 6.6 | 8.0 | 34.3% |
Total | 1,070 | 523 | 646 | 360 | -30.4% |
Top Export Markets for Banana and Plantain from Bangladesh in 2022:
- Qatar (104.3 tons)
- Kuwait (69.0 tons)
- Ireland (30.2 tons)
- Bahrain (11.2 tons)
- Germany (10.3 tons)
- France (10.2 tons)
Banana and Plantain Imports in Bangladesh
In 2022, purchases abroad of bananas and plantains decreased by -83.9% to 2.7 tons, falling for the second year in a row after two years of growth. In general, imports saw a deep contraction. The pace of growth was the most pronounced in 2020 when imports increased by 733%. As a result, imports reached the peak of 31 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, banana and plantain imports dropped dramatically to $1.8K in 2022. Overall, imports recorded a abrupt decrease. The growth pace was the most rapid in 2020 with an increase of 734%. As a result, imports attained the peak of $17K. From 2021 to 2022, the growth of imports failed to regain momentum.
Import of Banana and Plantain in Bangladesh (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Burundi | N/A | N/A | N/A | 1.5 | 0% |
Brazil | 0.1 | 0.1 | 9.5 | 0.3 | 44.2% |
Vietnam | N/A | 17.1 | N/A | N/A | 0% |
Oman | 1.9 | N/A | N/A | N/A | 0% |
Others | 0.1 | N/A | N/A | N/A | 0% |
Total | 2.1 | 17.3 | 9.5 | 1.8 | -5.0% |
Top Suppliers of Banana and Plantain to Bangladesh in 2022:
- Burundi (2.4 tons)
- Brazil (0.3 tons)
This report provides an in-depth analysis of the banana and plantain 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:
- FCL 486 - Bananas
- FCL 489 - Plantains
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the banana and plantain market in Bangladesh.
This report provides an in-depth analysis of the plantain market in Bangladesh.
This report provides an in-depth analysis of the banana market in Bangladesh.
This report provides an in-depth analysis of the global banana and plantain market.
This report provides an in-depth analysis of the global plantain market.
This report provides an in-depth analysis of the global banana market.
This report provides an in-depth analysis of the banana and plantain market in Bangladesh.
This report provides an in-depth analysis of the plantain market in Bangladesh.
This report provides an in-depth analysis of the banana market in Bangladesh.
This report provides an in-depth analysis of the global banana and plantain market.
Explore the top import markets for bananas and plantains around the world and learn about the key countries driving the global trade.
The global banana market revenue amounted to $58.5B in 2017, therefore, remained relatively stable against the...
The global banana market revenue amounted to $X in 2017, flattening at the previous year. Overall, the total market indi...
The global banana consumption stood at $X in 2016, which was X% more than the year before. This figure reflects total revenue of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be incl
Global banana consumption amounted to X thousand tons in 2015, going up by +X% against the previous year level.
Global banana exports amounted to X thousand tons in 2015, reducing by -X% against the previous year level.
Global banana imports amounted to X thousand tons in 2015, approximately equating the previous year level.
Global banana production amounted to X thousand tons in 2015, rising by +X% against the previous year level.
Global banana market had total revenues of X million USD in 2015, seesawing over the last three years, after a steady growth from 2007 to 2012.
The decline in banana imports from abroad is linked to the problems currently being faced by growers in Guatemala and Honduras: they were forced to use chemicals to save the harvest crop.