Report Update Feb 1, 2025

Bangladesh - Canary Seed - Market Analysis, Forecast, Size, Trends and Insights

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Bangladesh: Canary Seed Market 2025

Canary Seed Market Size in Bangladesh

The Bangladeshi canary seed market skyrocketed to $X in 2022, rising by 315% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption recorded significant growth. Over the period under review, the market reached the peak level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Canary Seed Exports

Exports from Bangladesh

In 2022, overseas shipments of canary seed decreased by -0.6% to X kg for the first time since 2016, thus ending a five-year rising trend. Overall, exports faced a abrupt decline. The pace of growth appeared the most rapid in 2013 with an increase of 22%. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, canary seed exports totaled $X in 2022. In general, exports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2013 when exports increased by 14% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Brunei Darussalam (X kg) was the main destination for canary seed exports from Bangladesh, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Brunei Darussalam stood at -12.9%.

In value terms, Brunei Darussalam ($X) also remains the key foreign market for canary seed exports from Bangladesh.

From 2012 to 2022, the average annual rate of growth in terms of value to Brunei Darussalam totaled -6.8%.

Export Prices by Country

The average canary seed export price stood at $X per ton in 2022, increasing by 2.5% against the previous year. Overall, the export price saw a buoyant increase. The pace of growth appeared the most rapid in 2016 when the average export price increased by 42% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Brunei Darussalam amounted to +7.0% per year.

Canary Seed Imports

Imports into Bangladesh

Canary seed imports into Bangladesh soared to X tons in 2022, picking up by 366% against 2021. In general, imports showed a significant expansion. The growth pace was the most rapid in 2016 with an increase of 913% against the previous year. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, canary seed imports skyrocketed to $X in 2022. Over the period under review, imports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2016 when imports increased by 580% against the previous year. Imports peaked at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

Canada (X tons), China (X tons) and Belgium (X tons) were the main suppliers of canary seed imports to Bangladesh, together comprising 96% of total imports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +79.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest canary seed suppliers to Bangladesh were Canada ($X), China ($X) and Belgium ($X), with a combined 96% share of total imports.

China, with a CAGR of +62.9%, recorded the highest growth rate of the value of imports, among 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 canary seed import price stood at $X per ton in 2022, declining by -16.7% against the previous year. Over the period under review, the import price saw a pronounced curtailment. The most prominent rate of growth was recorded in 2018 when the average import price increased by 27% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for Canada ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (-1.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for canary seed in the world?

The countries with the highest volumes of canary seed consumption in 2021 were Thailand, Brazil and Belgium, together comprising 32% of global consumption. These countries were followed by Mexico, Argentina, Canada, Spain, Colombia, Indonesia, Italy, Turkey, Algeria and Australia, which together accounted for a further 40%.

What are the largest producers of canary seed in the world?

Canada constituted the country with the largest volume of canary seed production, accounting for 62% of total volume. Moreover, canary seed production in Canada exceeded the figures recorded by the second-largest producer, Thailand, fivefold. The third position in this ranking was occupied by Argentina, with a 12% share.

What are the leading suppliers of canary seed to Bangladesh?

In value terms, Belgium constituted the largest supplier of canary seed to Bangladesh.

What are the leading importers of canary seed from Bangladesh?

In value terms, Brunei Darussalam $553) remains the key foreign market for canary seed exports from Bangladesh.

What is the average export price for canary seed in Bangladesh?

In 2021, the average canary seed export price amounted to $3,311 per ton, falling by -9.1% against the previous year.

What is the average import price for canary seed in Bangladesh?

In 2021, the average canary seed import price amounted to $700 per ton, falling by -2.9% against the previous year.

This report provides an in-depth analysis of the canary seed 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 101 - Canary seed

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2024
23. Production, In Value Terms, 2012–2024
24. Area Harvested, 2012–2024
25. Yield, 2012–2024
26. Imports, In Physical Terms, 2012–2024
27. Imports, In Value Terms, 2012–2024
28. Imports, In Physical Terms, By Country, 2024
29. Imports, In Physical Terms, By Country, 2012–2024
30. Imports, In Value Terms, By Country, 2012–2024
31. Import Prices, By Country Of Origin, 2012–2024
32. Exports, In Physical Terms, 2012–2024
33. Exports, In Value Terms, 2012–2024
34. Exports, In Physical Terms, By Country, 2024
35. Exports, In Physical Terms, By Country, 2012–2024
36. Exports, In Value Terms, By Country, 2012–2024
37. Export Prices, By Country Of Destination, 2012–2024