Price for Cereals; Oats, Other than Seed in Bangladesh - 2022
Contents:
- Price for Cereals; Oats, Other than Seed in Bangladesh (CIF) - 2022
- Imports of Cereals; Oats, Other than Seed in Bangladesh
Price for Cereals; Oats, Other than Seed in Bangladesh (CIF) - 2022
In 2022, the average import price for cereals; oats, other than seeds amounted to $1,750 per ton, falling by -21.6% against the previous year. Overall, the import price, however, posted a noticeable expansion. The most prominent rate of growth was recorded in 2016 when the average import price increased by 36% against the previous year. Over the period under review, average import prices reached the maximum at $3,061 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($2,468 per ton), while the price for China ($499 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-0.1%), while the prices for the other major suppliers experienced a decline.
Imports of Cereals; Oats, Other than Seed in Bangladesh
In 2022, approx. 85 tons of cereals; oats, other than seeds were imported into Bangladesh; picking up by 59% on the year before. In general, imports posted significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 238% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, cereals; oats, other than seed imports skyrocketed to $148K in 2022. Over the period under review, imports saw significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 208% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Import of Cereals; Oats, Other than Seed in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 7.5 | 25.2 | 79.0 | 100 | 137.1% |
| United Arab Emirates | 1.3 | 11.7 | 34.0 | 39.2 | 211.3% |
| Australia | N/A | N/A | N/A | 7.2 | 0% |
| China | 3.3 | 1.5 | 1.3 | 1.2 | -28.6% |
| India | N/A | N/A | 4.2 | N/A | 0% |
| Others | 2.1 | N/A | N/A | N/A | 0% |
| Total | 14.3 | 38.5 | 118 | 148 | 117.9% |
Top Suppliers of Cereals; Oats, Other than Seed to Bangladesh in 2022:
- Singapore (59.7 tons)
- United Arab Emirates (15.9 tons)
- Australia (6.6 tons)
- China (2.4 tons)
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This report provides an in-depth analysis of the oat market in Bangladesh.
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