Bangladesh: Citrus Fruit Market 2024

Citrus Fruit Market Size in Bangladesh

In 2022, the Bangladeshi citrus fruit market decreased by X% to $X, falling for the second year in a row after four years of growth. Overall, the total consumption indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. Citrus fruit consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Citrus Fruit Production in Bangladesh

In value terms, citrus fruit production rose modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of X%. Citrus fruit production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

The average yield of citrus fruits in Bangladesh surged to X tons per ha in 2022, jumping by X% on the previous year's figure. Over the period under review, the yield, however, continues to indicate a perceptible contraction. Over the period under review, the average citrus fruit yield hit record highs at X tons per ha in 2014; however, from 2015 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of citrus fruits were harvested in Bangladesh; with a decrease of X% on 2021. Over the period under review, the harvested area, however, showed a resilient increase. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, the harvested area reached the peak level of X ha, and then fell dramatically in the following year.

Citrus Fruit Exports

Exports from Bangladesh

In 2022, approx. X tons of citrus fruits were exported from Bangladesh; declining by X% on the previous year's figure. Over the period under review, exports, however, showed a buoyant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports reached the peak of X tons, and then shrank in the following year.

In value terms, citrus fruit exports dropped dramatically to $X in 2022. In general, exports, however, enjoyed a prominent expansion. The pace of growth was the most pronounced in 2021 when exports increased by X%. As a result, the exports attained the peak of $X, and then shrank remarkably in the following year.

Exports by Country

Saudi Arabia (X tons), Singapore (X tons) and Qatar (X tons) were the main destinations of citrus fruit exports from Bangladesh, with a combined X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Qatar (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X) remains the key foreign market for citrus fruits exports from Bangladesh, comprising X% of total exports. The second position in the ranking was held by Qatar ($X), with a X% share of total exports. It was followed by Saudi Arabia, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the UK stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (X% per year) and Saudi Arabia (X% per year).

Export Prices by Country

In 2022, the average citrus fruit export price amounted to $X per ton, falling by X% against the previous year. Over the period under review, the export price continues to indicate a slight shrinkage. The growth pace was the most rapid in 2013 when the average export price increased by X%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Malaysia ($X 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 (X%), while the prices for the other major destinations experienced more modest paces of growth.

Citrus Fruit Imports

Imports into Bangladesh

In 2022, overseas purchases of citrus fruits decreased by X% to X tons, falling for the second year in a row after four years of growth. Overall, imports, however, recorded strong growth. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, citrus fruit imports shrank to $X in 2022. Over the period under review, imports, however, recorded a resilient expansion. The pace of growth was the most pronounced in 2014 with an increase of X%. Over the period under review, imports attained the peak figure at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

South Africa (X tons), India (X tons) and Egypt (X tons) were the main suppliers of citrus fruit imports to Bangladesh, with a combined X% share of total imports.

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

In value terms, the largest citrus fruit suppliers to Bangladesh were South Africa ($X), Egypt ($X) and India ($X), with a combined X% share of total imports.

India, with a CAGR of X%, 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

In 2022, the average citrus fruit import price amounted to $X per ton, which is down by X% against the previous year. Overall, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, citrus fruit import price decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2014 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

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 China ($X per ton), while the price for Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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