Price for Flour, Meal, and Flakes of Potatoes in Bangladesh - 2022

Contents:

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

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

In 2022, the average import price for flour, meal, and flakes of potatoeses amounted to $1,221 per ton, surging by 2.1% against the previous year. Overall, the import price, however, continues to indicate a perceptible downturn. The pace of growth appeared the most rapid in 2018 an increase of 16%. The import price peaked at $1,674 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($1,543 per ton), while the price for Thailand ($408 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for flour, meal, and flakes of potatoeses amounted to $1,360 per ton, increasing by 2.1% against the previous year. In general, the export price, however, continues to indicate a drastic downturn. The pace of growth appeared the most rapid in 2020 an increase of 22% against the previous year. Over the period under review, the average export prices attained the peak figure at $2,543 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat 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 the United States ($5,708 per ton), while the average price for exports to Belgium ($634 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 (-3.8%), while the prices for the other major destinations experienced a decline.

Imports of Flour, Meal, and Flakes of Potatoes in Bangladesh

After three years of growth, overseas purchases of flour, meal, and flakes of potatoeses decreased by -6.6% to 2.6K tons in 2022. Over the period under review, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 197% against the previous year.

In value terms, imports of flour, meal, and flakes of potatoeses contracted slightly to $3.2M in 2022. Overall, imports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 187%.

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

1. Germany (805.0 tons)
2. Belgium (616.1 tons)
3. Denmark (513.4 tons)
4. Netherlands (285.4 tons)
5. India (173.6 tons)
6. Poland (118.1 tons)
7. Thailand (57.4 tons)

Exports of Flour, Meal, and Flakes of Potatoes in Bangladesh

Exports of flour, meal, and flakes of potatoeses from Bangladesh shrank sharply to 675 tons in 2022, waning by -18.9% on the previous year's figure. In general, exports recorded a sharp descent. The pace of growth appeared the most rapid in 2021 with an increase of 62% against the previous year.

In value terms, exports of flour, meal, and flakes of potatoeses fell markedly to $918K in 2022. Over the period under review, exports showed a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 52% against the previous year.

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

1. India (239.0 tons)
2. Japan (138.4 tons)
3. Indonesia (100.2 tons)
4. Lebanon (97.4 tons)
5. United States (71.5 tons)

Source: IndexBox Market Intelligence Platform