Report Update Nov 1, 2024

Bangladesh - Other Cereals - Market Analysis, Forecast, Size, Trends and Insights

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Bangladesh: Other Cereals Market 2024

Other Cereals Market Size in Bangladesh

The Bangladeshi other cereals market dropped dramatically to $X in 2021, falling by -68.6% 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, however, continues to indicate resilient growth. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market remained at a somewhat lower figure.

Other Cereals Exports

Exports from Bangladesh

For the third year in a row, Bangladesh recorded growth in overseas shipments of other cerealses, which increased by 48% to X tons in 2018. Overall, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2014 with an increase of 645%. The exports peaked in 2018 and are expected to retain growth in the near future.

In value terms, other cereals exports surged to $X in 2018. Over the period under review, exports saw a buoyant expansion. The growth pace was the most rapid in 2014 with an increase of 783% against the previous year. Over the period under review, the exports reached the peak figure in 2018 and are likely to continue growth in years to come.

Exports by Country

Malaysia (X tons) was the main destination for other cereals exports from Bangladesh, with a 57% share of total exports. Moreover, other cereals exports to Malaysia exceeded the volume sent to the second major destination, the United States (X tons), twofold.

From 2012 to 2018, the average annual rate of growth in terms of volume to Malaysia totaled -5.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+5.5% per year) and Kuwait (+5.9% per year).

In value terms, the United States ($X), Malaysia ($X) and Kuwait ($X) were the largest markets for other cereals exported from Bangladesh worldwide.

Among the main countries of destination, Malaysia, with a CAGR of +37.6%, 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 other cereals export price stood at $X per ton in 2018, growing by 58% against the previous year. Over the period under review, the export price, however, recorded a deep reduction. Over the period under review, the average export prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2018, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per ton), while the average price for exports to Kuwait ($X per ton) was amongst the lowest.

From 2012 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+45.9%), while the prices for the other major destinations experienced more modest paces of growth.

Other Cereals Imports

Imports into Bangladesh

In 2021, purchases abroad of other cerealses decreased by -72.5% to X tons for the first time since 2017, thus ending a three-year rising trend. In general, imports, however, enjoyed prominent growth. The pace of growth appeared the most rapid in 2019 when imports increased by 356%. Imports peaked at X tons in 2020, and then dropped significantly in the following year.

In value terms, other cereals imports dropped dramatically to $X in 2021. Overall, imports showed a pronounced setback. The growth pace was the most rapid in 2019 when imports increased by 331% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of other cereals to Bangladesh, accounting for a 85% share of total imports. Moreover, other cereals imports from China exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X tons), more than tenfold. The third position in this ranking was held by Thailand (X kg), with a 3.8% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at +55.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (-18.2% per year) and Thailand (+4.9% per year).

In value terms, the largest other cereals suppliers to Bangladesh were China ($X), the United Arab Emirates ($X) and India ($X), together accounting for 77% of total imports.

China, with a CAGR of +33.1%, saw 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 a decline.

Import Prices by Country

The average other cereals import price stood at $X per ton in 2021, growing by 59% against the previous year. Overall, the import price, however, continues to indicate a drastic downturn. Over the period under review, average import prices hit record highs at $X per ton in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the United Arab Emirates ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+8.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for other cereals in the world?

The countries with the highest volumes of other cereals consumption in 2021 were Poland, Ethiopia and Germany, together comprising 57% of global consumption. These countries were followed by France, Belarus, Spain, Guinea, Chad, China and Lithuania, which together accounted for a further 24%.

What are the largest producers of other cereals in the world?

The countries with the highest volumes of other cereals production in 2021 were Poland, Ethiopia and Germany, with a combined 58% share of global production. These countries were followed by France, Belarus, Spain, Guinea, Chad, China and Lithuania, which together accounted for a further 23%.

What are the leading suppliers of other cereals to Bangladesh?

In value terms, China constituted the largest supplier of other cereals to Bangladesh, comprising 57% of total imports. The second position in the ranking was occupied by Singapore $692), with a 26% share of total imports.

What are the leading importers of other cereals from Bangladesh?

In value terms, the United States, Malaysia and Kuwait $954) were the largest markets for other cereals exported from Bangladesh worldwide.

What is the average export price for other cereals in Bangladesh?

In 2018, the average other cereals export price amounted to $1,219 per ton, surging by 58% against the previous year.

What is the average import price for other cereals in Bangladesh?

In 2021, the average other cereals import price amounted to $3,710 per ton, increasing by 35% against the previous year.

This report provides an in-depth analysis of the other cereals 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 92 - Quinoa
FCL 94 - Fonio
FCL 97 - Triticale
FCL 103 - Mixed grain
FCL 108 - Cereals, nes

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 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
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 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
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, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023