Bangladesh: Dried Prune Market 2025

Dried Prune Market Size in Bangladesh

The Bangladeshi dried prune market rose slightly to $X in 2022, increasing by 4.5% against the previous year. Overall, consumption showed a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Dried Prune Production in Bangladesh

In value terms, dried prune production reached $X in 2022 estimated in export price. Over the period under review, production enjoyed buoyant growth. The growth pace was the most rapid in 2018 with an increase of 1,674%. Dried prune production peaked at $X in 2020; afterwards, it flattened through to 2022.

Dried Prune Exports

Exports from Bangladesh

In 2022, dried prune exports from Bangladesh stood at X kg, remaining relatively unchanged against 2021. Over the period under review, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2018 with an increase of 115% against the previous year. Over the period under review, the exports attained the maximum at X kg in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, dried prune exports totaled $X in 2022. In general, exports saw significant growth. The most prominent rate of growth was recorded in 2018 with an increase of 217% against the previous year. Over the period under review, the exports hit record highs at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

The UK (X kg) was the main destination for dried prune exports from Bangladesh, accounting for a 45% share of total exports. Moreover, dried prune exports to the UK exceeded the volume sent to the second major destination, Singapore (X kg), threefold. Ireland (X kg) ranked third in terms of total exports with an 11% share.

From 2012 to 2022, the average annual growth rate of volume to the UK totaled +25.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (+7.1% per year) and Ireland (0.0% per year).

In value terms, the largest markets for dried prune exported from Bangladesh were the UK ($X), Canada ($X) and Ireland ($X), with a combined 71% share of total exports. Singapore lagged somewhat behind, accounting for a further 7.4%.

Singapore, with a CAGR of +48.9%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average dried prune export price stood at $X per ton in 2022, remaining relatively unchanged against the previous year. In general, the export price recorded a slight decline. The growth pace was the most rapid in 2018 an increase of 48% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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 Canada ($X per ton), while the average price for exports to Singapore ($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 Singapore (+38.1%), while the prices for the other major destinations experienced mixed trend patterns.

Dried Prune Imports

Imports into Bangladesh

Dried prune imports into Bangladesh rose sharply to X tons in 2022, increasing by 8.4% on the previous year. Over the period under review, imports, however, showed a noticeable shrinkage. The pace of growth was the most pronounced in 2015 with an increase of 138% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, dried prune imports rose notably to $X in 2022. Overall, imports, however, continue to indicate a pronounced slump. The pace of growth appeared the most rapid in 2015 when imports increased by 174% against the previous year. As a result, imports reached the peak of $X. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, India (X tons) constituted the largest supplier of dried prune to Bangladesh, with a 61% share of total imports. Moreover, dried prune imports from India exceeded the figures recorded by the second-largest supplier, Iran (X tons), sixfold. The United Arab Emirates (X tons) ranked third in terms of total imports with a 9.2% share.

From 2012 to 2022, the average annual growth rate of volume from India totaled -1.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Iran (+16.5% per year) and the United Arab Emirates (-10.4% per year).

In value terms, Iran ($X) constituted the largest supplier of dried prunes to Bangladesh, comprising 50% of total imports. The second position in the ranking was held by India ($X), with a 24% share of total imports. It was followed by the United Arab Emirates, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Iran totaled +21.6%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+1.0% per year) and the United Arab Emirates (-18.5% per year).

Import Prices by Country

In 2022, the average dried prune import price amounted to $X per ton, approximately equating the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. The growth pace was the most rapid in 2014 an increase of 16%. Over the period under review, average import prices reached the peak figure at $X per ton in 2019; afterwards, it flattened through to 2022.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Iran ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Myanmar (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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