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Bangladesh - Refined Rape, Colza Or Mustard Oil - Market Analysis, Forecast, Size, Trends And Insights
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View PricingRefined Rapeseed Oil Price in Bangladesh - 2022
Contents:
- Refined Rapeseed Oil Price in Bangladesh (FOB) - 2022
- Refined Rapeseed Oil Price in Bangladesh (CIF) - 2022
- Refined Rapeseed Oil Exports in Bangladesh
- Refined Rapeseed Oil Imports in Bangladesh
Refined Rapeseed Oil Price in Bangladesh (FOB) - 2022
In 2022, the average refined rapeseed oil export price amounted to $1,612 per ton, with a decrease of -3.8% against the previous year. Overall, export price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, refined rapeseed oil export price increased by +75.2% against 2019 indices. The growth pace was the most rapid in 2020 an increase of 64%. The export price peaked at $2,014 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($2,165 per ton), while the average price for exports to Bahrain ($1,075 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 the United Arab Emirates (+12.5%), while the prices for the other major destinations experienced more modest paces of growth.
Refined Rapeseed Oil Price in Bangladesh (CIF) - 2022
In 2022, the average refined rapeseed oil import price amounted to $1,124 per ton, dropping by -29% against the previous year. In general, the import price saw a perceptible decrease. The most prominent rate of growth was recorded in 2016 when the average import price increased by 69% against the previous year. The import price peaked at $1,841 per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 Singapore ($3,869 per ton), while the price for Australia ($731 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+18.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Refined Rapeseed Oil Exports in Bangladesh
In 2022, approx. 5.6K tons of refined rape, colza or mustard oil were exported from Bangladesh; rising by 42% against the year before. Over the period under review, exports, however, continue to indicate a deep slump.
In value terms, refined rapeseed oil exports skyrocketed to $9.1M in 2022. In general, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +9.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +51.7% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Refined Rapeseed Oil in Bangladesh (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 2,417 | 166 | 281 | 3,597 | 14.2% |
Oman | 23.7 | 43.9 | 150 | 771 | 219.2% |
United Kingdom | 390 | 501 | 572 | 733 | 23.4% |
Qatar | 44.6 | 237 | 261 | 550 | 131.0% |
Bahrain | 171 | 263 | 251 | 366 | 28.9% |
Singapore | 184 | 262 | 293 | 339 | 22.6% |
Malaysia | 253 | 149 | 204 | 205 | -6.8% |
Saudi Arabia | 2,480 | 3,652 | 2,591 | N/A | 2.2% |
Others | 941 | 709 | 2,038 | 2,512 | 38.7% |
Total | 6,903 | 5,983 | 6,641 | 9,075 | 9.5% |
Top Export Markets for Refined Rapeseed Oil from Bangladesh in 2022:
- United Arab Emirates (2719.1 tons)
- Oman (560.1 tons)
- Qatar (466.7 tons)
- Bahrain (340.7 tons)
- United Kingdom (338.7 tons)
- Singapore (190.7 tons)
- Malaysia (147.7 tons)
Refined Rapeseed Oil Imports in Bangladesh
In 2022, supplies from abroad of refined rape, colza or mustard oil was finally on the rise to reach 578 tons after two years of decline. Overall, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, refined rapeseed oil imports soared to $649K in 2022. Over the period under review, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Refined Rapeseed Oil in Bangladesh (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Australia | N/A | N/A | N/A | 305 | 0% |
United Arab Emirates | N/A | N/A | N/A | 89.1 | 0% |
Malaysia | N/A | N/A | N/A | 85.3 | 0% |
Canada | 126 | 84.4 | 65.5 | 51.6 | -25.7% |
India | 11.1 | 0.7 | 2.8 | 21.3 | 24.3% |
Nepal | N/A | 27.2 | N/A | N/A | 0% |
Others | 1.9 | 0.1 | 3.7 | 96.7 | 270.6% |
Total | 139 | 112 | 72.0 | 649 | 67.1% |
Top Suppliers of Refined Rapeseed Oil to Bangladesh in 2022:
- Australia (417.3 tons)
- United Arab Emirates (40.0 tons)
- Malaysia (37.6 tons)
- Canada (33.0 tons)
- India (9.8 tons)
This report provides an in-depth analysis of the refined rapeseed oil market in Bangladesh. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10415600 - Refined rape, colza or mustard oil and their fractions (excluding chemically modified)
Country coverage:
- Bangladesh
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Bangladesh
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the refined rapeseed oil market in Bangladesh.
This report provides an in-depth analysis of the rapeseed oil market in Bangladesh.
This report provides an in-depth analysis of the crude rapeseed oil market in Bangladesh.
This report provides an in-depth analysis of the global refined rapeseed oil market.
This report provides an in-depth analysis of the global rapeseed oil market.
This report provides an in-depth analysis of the global crude rapeseed oil market.
This report provides an in-depth analysis of the refined rapeseed oil market in Bangladesh.
This report provides an in-depth analysis of the rapeseed oil market in Bangladesh.
This report provides an in-depth analysis of the crude rapeseed oil market in Bangladesh.
This report provides an in-depth analysis of the global refined rapeseed oil market.
Discover the top import markets for refined rapeseed oil and their key statistics. Learn about the countries with the highest import values, such as the United States, Netherlands, and Belgium.
Discover the top import markets for rapeseed oil based on key statistics and data from the IndexBox market intelligence platform.
Global rapeseed oil consumption amounted to X thousand tons in 2015, moving up by +X% against the previous year level.
Global rapeseed oil exports amounted to X thousand tons in 2015, remaining constant against the previous year level.
Global rapeseed oil imports amounted to X thousand tons in 2015, leveling off at the previous year level.
In 2015, the countries with the highest levels of production were China (X thousand tons), Germany (X thousand tons), Canada (X thousand tons), together accounting for X% of total output.
Discover the world's leading import markets for crude rapeseed oil based on import value in 2023. Learn about the key countries driving global trade in this popular vegetable oil.
Discover the top import markets for refined rapeseed oil and their key statistics. Learn about the countries with the highest import values, such as the United States, Netherlands, and Belgium.
Discover the top import markets for rapeseed oil based on key statistics and data from the IndexBox market intelligence platform.
Global rapeseed oil consumption amounted to X thousand tons in 2015, moving up by +X% against the previous year level.