Price for Flour and Meal; of Potatoes in Bangladesh - 2022

Contents:

  1. Price for Flour and Meal; of Potatoes in Bangladesh (FOB) - 2022
  2. Price for Flour and Meal; of Potatoes in Bangladesh (CIF) - 2022
  3. Exports of Flour and Meal; of Potatoes in Bangladesh
  4. Imports of Flour and Meal; of Potatoes in Bangladesh

Price for Flour and Meal; of Potatoes in Bangladesh (FOB) - 2022

The average export price for flour and meal; of potatoeses stood at $1,259 per ton in 2022, declining by -6.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.2%. The pace of growth appeared the most rapid in 2013 an increase of 26%. The export price peaked at $1,345 per ton in 2021, and then fell in the following year.

As there is only one major export destination, the average price level is determined by prices for Lebanon.

From 2012 to 2022, the rate of growth in terms of prices for Lebanon amounted to +3.2% per year.

Price for Flour and Meal; of Potatoes in Bangladesh (CIF) - 2022

In 2022, the average import price for flour and meal; of potatoeses amounted to $2,328 per ton, reducing by -13% against the previous year. In general, the import price, however, recorded strong growth. The most prominent rate of growth was recorded in 2020 an increase of 150% against the previous year. The import price peaked at $2,676 per ton in 2021, and then declined in the following year.

As there is only one major supplying country, the average price level is determined by prices for Indonesia.

From 2012 to 2022, the rate of growth in terms of prices for Indonesia amounted to +6.0% per year.

Exports of Flour and Meal; of Potatoes in Bangladesh

In 2022, shipments abroad of flour and meal; of potatoeses decreased by -1.8% to 132 tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +1.8% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 3.7% against the previous year. As a result, the exports attained the peak of 135 tons, and then shrank in the following year.

In value terms, flour and meal; of potatoes exports declined to $167K in 2022. The total export value increased at an average annual rate of +9.4% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 19% against the previous year. As a result, the exports attained the peak of $181K, and then shrank in the following year.

Export of Flour and Meal; of Potatoes in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Lebanon1281521811679.3%
OthersN/A0.1N/A0.10.0%
Total1281521811679.3%

Top Export Markets for Flour and Meal; of Potatoes from Bangladesh in 2022:

  1. Lebanon (132.4 tons)

Imports of Flour and Meal; of Potatoes in Bangladesh

In 2022, imports of flour and meal; of potatoeses into Bangladesh contracted rapidly to 710 kg, waning by -22.3% compared with 2021. Overall, imports showed a dramatic setback. The pace of growth appeared the most rapid in 2021 with an increase of 77% against the previous year.

In value terms, flour and meal; of potatoes imports contracted remarkably to $1.7K in 2022. In general, imports continue to indicate a slight slump. The pace of growth was the most pronounced in 2021 when imports increased by 184% against the previous year. As a result, imports reached the peak of $2.4K, and then shrank dramatically in the following year.

Import of Flour and Meal; of Potatoes in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia1.70.92.41.6-2.0%
OthersN/AN/AN/AN/A0%
Total1.70.92.41.70.0%

Top Suppliers of Flour and Meal; of Potatoes to Bangladesh in 2022:

  1. Indonesia (700.0 kg)

Source: IndexBox Market Intelligence Platform

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