Flakes; of Potatoes Price in Bangladesh - 2022

Contents:

1. Flakes; of Potatoes Price in Bangladesh (CIF) - 2022
2. Flakes; of Potatoes Price in Bangladesh (FOB) - 2022
3. Flakes; of Potatoes Imports in Bangladesh
4. Flakes; of Potatoes Exports in Bangladesh

Flakes; of Potatoes Price in Bangladesh (CIF) - 2022

The average flakes; of potatoes import price stood at $1,221 per ton in 2022, picking up by 2.1% against the previous year. In general, the import price, however, continues to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2018 when the average import price increased by 16%. As a result, import price attained the peak level of $1,621 per ton. From 2019 to 2022, the average import prices remained at a 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 China ($1,774 per ton), while the price for Denmark ($840 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Flakes; of Potatoes Price in Bangladesh (FOB) - 2022

In 2022, the average flakes; of potatoes export price amounted to $1,360 per ton, increasing by 1.8% against the previous year. Over the period under review, the export price, however, saw a deep downturn. The pace of growth appeared the most rapid in 2020 when the average export price increased by 24% against the previous year. The export price peaked at $2,540 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($5,276 per ton), while the average price for exports to Belgium ($586 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 Japan (-4.6%), while the prices for the other major destinations experienced a decline.

Flakes; of Potatoes Imports in Bangladesh

In 2022, supplies from abroad of flakes; of potatoeses decreased by -6.6% to 2.6K tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, showed a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 197% against the previous year.

In value terms, flakes; of potatoes imports shrank slightly to $3.2M in 2022. Overall, imports, however, showed significant growth. The growth pace was the most rapid in 2020 when imports increased by 187% against the previous year.

Top Suppliers of Flakes; of Potatoes to Bangladesh in 2022:

1. Germany (835.3 tons)
2. Belgium (639.3 tons)
3. Denmark (532.7 tons)
4. Netherlands (268.5 tons)
5. India (180.1 tons)
6. Poland (122.5 tons)

Flakes; of Potatoes Exports in Bangladesh

In 2022, the amount of flakes; of potatoeses exported from Bangladesh shrank remarkably to 675 tons, which is down by -18.6% against 2021. Overall, exports continue to indicate a precipitous contraction. The pace of growth appeared the most rapid in 2021 with an increase of 64% against the previous year.

In value terms, flakes; of potatoes exports contracted sharply to $918K in 2022. Over the period under review, exports saw a deep contraction. The growth pace was the most rapid in 2021 when exports increased by 52%.

Top Export Markets for Flakes; of Potatoes from Bangladesh in 2022:

1. India (279.4 tons)
2. Japan (161.7 tons)
3. Indonesia (117.1 tons)
4. United States (83.6 tons)
5. Malaysia (6.0 tons)

Source: IndexBox Market Intelligence Platform