Mandarins Price in Bangladesh - 2022
Contents:
- Mandarins Price in Bangladesh (CIF) - 2022
- Mandarins Price in Bangladesh (FOB) - 2022
- Mandarins Imports in Bangladesh
- Mandarins Exports in Bangladesh
Mandarins Price in Bangladesh (CIF) - 2022
The average mandarins import price stood at $1,171 per ton in 2022, picking up by 18% against the previous year. In general, the import price enjoyed buoyant growth. The pace of growth appeared the most rapid in 2013 when the average import price increased by 27%. Over the period under review, average import prices attained the peak figure at $1,333 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat 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 Australia ($1,399 per ton), while the price for Pakistan ($474 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Morocco (+20.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Mandarins Price in Bangladesh (FOB) - 2022
The average mandarins export price stood at $861 per ton in 2021, standing approx. at the previous year. In general, the export price continues to indicate a mild downturn. The most prominent rate of growth was recorded in 2018 when the average export price increased by 12% against the previous year. As a result, the export price reached the peak level of $1,012 per ton. From 2019 to 2021, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was the UK ($1,025 per ton), while the average price for exports to Oman stood at $346 per ton.
From 2017 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (-4.2%).
Mandarins Imports in Bangladesh
In 2022, mandarins imports into Bangladesh amounted to 49K tons, increasing by 4.6% compared with 2021 figures. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +13.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -4.2% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 54%. As a result, imports reached the peak of 51K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, mandarins imports surged to $58M in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +14.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -15.8% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 76% against the previous year. As a result, imports attained the peak of $68M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Mandarins in Bangladesh (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 11.6 | 23.3 | 30.7 | 36.0 | 45.9% |
| China | 26.5 | 44.0 | 15.1 | 18.2 | -11.8% |
| Morocco | 0.1 | 0.4 | 0.2 | 1.5 | 146.6% |
| Pakistan | 0.1 | 0.2 | 0.2 | 0.8 | 100.0% |
| Others | 0.4 | 0.5 | 0.6 | 1.0 | 35.7% |
| Total | 38.8 | 68.3 | 46.7 | 57.5 | 14.0% |
Top Suppliers of Mandarins to Bangladesh in 2022:
- South Africa (29.8K tons)
- China (14.9K tons)
- Morocco (2.1K tons)
- Pakistan (1.7K tons)
Mandarins Exports in Bangladesh
In 2021, exports of fruit, edible from Bangladesh amounted to 21 tons, flattening at the previous year. In general, exports showed a precipitous descent. The smallest decline of 99.9% was in 2020.
In value terms, mandarins exports amounted to $18K in 2021. Over the period under review, exports saw a dramatic decrease. The smallest decline of 99.9% was in 2020.
| Export of Mandarins in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| United Kingdom | N/A | N/A | 16.0 | 0% | |
| Oman | N/A | N/A | 1.7 | 0% | |
| Belarus | 33.8 | N/A | N/A | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 33.8 | N/A | 17.7 | -27.6% | |
Top Export Markets for Mandarins from Bangladesh in 2022:
- United Kingdom (15.6 tons)
- Oman (5.0 tons)
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