Bangladesh - Apple Juice - Market Analysis, Forecast, Size, Trends and Insights
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View PricingBangladesh: Apple Juice Market 2024
Apple Juice Market Size in Bangladesh
The Bangladeshi apple juice market reduced remarkably to $X in 2021, with a decrease of -25.5% against the previous year. Over the period under review, consumption recorded a pronounced descent. As a result, consumption attained the peak level of $X, and then dropped notably in the following year.
Apple Juice Production in Bangladesh
In value terms, apple juice production dropped dramatically to $X in 2021 estimated in export price. Overall, production saw a perceptible curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 111% against the previous year. As a result, production reached the peak level of $X, and then declined significantly in the following year.
Apple Juice Exports
Exports from Bangladesh
In 2021, the amount of apple juice (single strength) exported from Bangladesh soared to X tons, jumping by 142% on 2020. In general, exports, however, saw a drastic downturn. The growth pace was the most rapid in 2013 when exports increased by 268% against the previous year. The exports peaked at X tons in 2015; however, from 2016 to 2021, the exports remained at a lower figure.
In value terms, apple juice exports soared to $X in 2021. Over the period under review, exports, however, showed a perceptible setback. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports failed to regain momentum.
Exports by Country
Qatar (X tons), Sierra Leone (X tons) and Malaysia (X tons) were the main destinations of apple juice exports from Bangladesh, with a combined 74% share of total exports.
From 2012 to 2021, the biggest increases were recorded for Malaysia (with a CAGR of +12.4%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, the largest markets for apple juice exported from Bangladesh were Qatar ($X), Malaysia ($X) and the United Arab Emirates ($X), with a combined 78% share of total exports.
In terms of the main countries of destination, the United Arab Emirates, with a CAGR of +37.7%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
The average apple juice export price stood at $X per ton in 2021, jumping by 54% against the previous year. Over the period under review, the export price saw buoyant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was New Zealand ($X per ton), while the average price for exports to Sierra Leone ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to New Zealand (+30.8%), while the prices for the other major destinations experienced more modest paces of growth.
Apple Juice Imports
Imports into Bangladesh
Apple juice imports into Bangladesh surged to X tons in 2021, rising by 71% on the year before. Overall, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of 120%. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.
In value terms, apple juice imports soared to $X in 2021. Over the period under review, imports saw a mild increase. The most prominent rate of growth was recorded in 2017 with an increase of 159%. Imports peaked in 2021 and are expected to retain growth in the immediate term.
Imports by Country
Cyprus (X tons), the United Arab Emirates (X tons) and Turkey (X tons) were the main suppliers of apple juice imports to Bangladesh, with a combined 51% share of total imports. These countries were followed by South Africa, Thailand, Russia, South Korea, Spain, Australia, Austria and Singapore, which together accounted for a further 13%.
From 2012 to 2021, the biggest increases were recorded for South Korea (with a CAGR of +54.3%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, the largest apple juice suppliers to Bangladesh were Cyprus ($X), the United Arab Emirates ($X) and South Africa ($X), with a combined 51% share of total imports. Turkey, Thailand, Austria, Russia, Australia, South Korea, Spain and Singapore lagged somewhat behind, together comprising a further 16%.
South Korea, with a CAGR of +75.2%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
The average apple juice import price stood at $X per ton in 2021, which is down by -5.3% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2016 when the average import price increased by 21%. The import price peaked at $X per ton in 2020, and then dropped in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Singapore ($X per ton), while the price for Cyprus ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (+16.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the apple juice 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:
- FCL 518 - Apple Juice
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
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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
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