Price for Protein; Concentrates and Textured Protein Substances in Bangladesh - 2022
Contents:
- Price for Protein; Concentrates and Textured Protein Substances in Bangladesh (CIF) - 2022
- Price for Protein; Concentrates and Textured Protein Substances in Bangladesh (FOB) - 2022
- Imports of Protein; Concentrates and Textured Protein Substances in Bangladesh
- Exports of Protein; Concentrates and Textured Protein Substances in Bangladesh
Price for Protein; Concentrates and Textured Protein Substances in Bangladesh (CIF) - 2022
The average import price for protein; concentrates and textured protein substanceses stood at $3,131 per ton in 2022, increasing by 8.3% against the previous year. Overall, the import price, however, continues to indicate a perceptible contraction. The most prominent rate of growth was recorded in 2015 when the average import price increased by 161% against the previous year. As a result, import price reached the peak level of $5,851 per ton. From 2016 to 2022, the average 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 Spain ($29,192 per ton), while the price for China ($1,607 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+38.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Protein; Concentrates and Textured Protein Substances in Bangladesh (FOB) - 2022
The average export price for protein; concentrates and textured protein substanceses stood at $2,957 per ton in 2022, surging by 59% against the previous year. In general, the export price showed a strong increase. The pace of growth was the most pronounced in 2018 an increase of 156%. Over the period under review, the average export prices hit record highs at $10,092 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($14,861 per ton), while the average price for exports to Malaysia ($2,112 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 (+22.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Protein; Concentrates and Textured Protein Substances in Bangladesh
In 2022, imports of protein; concentrates and textured protein substanceses into Bangladesh contracted notably to 341 tons, declining by -30.8% against 2021 figures. Overall, imports, however, showed a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of 160% against the previous year. As a result, imports reached the peak of 493 tons, and then fell markedly in the following year.
In value terms, imports of protein; concentrates and textured protein substanceses reduced remarkably to $1.1M in 2022. In general, imports continue to indicate a abrupt setback. The pace of growth appeared the most rapid in 2021 with an increase of 100%.
| Import of Protein; Concentrates and Textured Protein Substances in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 91.0 | 37.7 | 55.7 | 538 | 80.8% |
| India | 199 | 372 | 512 | 196 | -0.5% |
| Spain | 0.2 | 197 | 183 | 191 | 884.8% |
| Singapore | 31.4 | 16.8 | 11.6 | 37.9 | 6.5% |
| United States | 1,126 | 83.7 | 627 | 22.4 | -72.9% |
| China | 4.2 | 3.1 | 0.5 | 12.7 | 44.6% |
| Malaysia | 103 | N/A | N/A | N/A | 0% |
| Others | 9.7 | 1.8 | 36.0 | 71.2 | 94.3% |
| Total | 1,565 | 712 | 1,426 | 1,069 | -11.9% |
Top Suppliers of Protein; Concentrates and Textured Protein Substances to Bangladesh in 2022:
- United Arab Emirates (218.9 tons)
- India (90.6 tons)
- Singapore (12.8 tons)
- China (7.9 tons)
- Spain (6.5 tons)
- United States (2.1 tons)
Exports of Protein; Concentrates and Textured Protein Substances in Bangladesh
In 2022, after three years of growth, there was significant decline in overseas shipments of protein; concentrates and textured protein substanceses, when their volume decreased by -13.5% to 3.8 tons. Overall, exports, however, recorded a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 59% against the previous year.
In value terms, exports of protein; concentrates and textured protein substanceses soared to $11K in 2022. Over the period under review, exports showed a abrupt downturn.
| Export of Protein; Concentrates and Textured Protein Substances in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | N/A | N/A | 8.1 | 5.1 | -37.0% |
| Malaysia | N/A | N/A | N/A | 3.1 | 0% |
| United Arab Emirates | N/A | N/A | N/A | 1.2 | 0% |
| Switzerland | N/A | 3.0 | 0.1 | N/A | -96.7% |
| Yemen | 18.9 | N/A | N/A | N/A | 0% |
| Bahrain | N/A | 10.3 | N/A | N/A | 0% |
| Others | 1.6 | 1.1 | 0.1 | 2.0 | 7.7% |
| Total | 20.5 | 14.4 | 8.2 | 11.3 | -18.0% |
Top Export Markets for Protein; Concentrates and Textured Protein Substances from Bangladesh in 2022:
- Japan (2236.0 kg)
- Malaysia (1457.0 kg)
- United Arab Emirates (79.0 kg)
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