Bangladesh - Prepared Dishes and Meals - Market Analysis, Forecast, Size, Trends and Insights
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View PricingBangladesh: Market for Prepared Dishes And Meals 2024
Market Size for Prepared Dishes And Meals in Bangladesh
In 2021, the Bangladeshi prepared dish and meal market decreased by -42.5% to $X, falling for the second year in a row after two years of growth. Over the period under review, consumption recorded a noticeable contraction. Prepared dish and meal consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.
Exports of Prepared Dishes And Meals
Exports from Bangladesh
For the eighth consecutive year, Bangladesh recorded growth in overseas shipments of prepared dishes and meals, which increased by 72% to X tons in 2021. Overall, exports enjoyed a prominent increase. The most prominent rate of growth was recorded in 2020 with an increase of 79% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in the near future.
In value terms, prepared dish and meal exports surged to $X in 2021. In general, exports saw a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 178% against the previous year. The exports peaked in 2021 and are expected to retain growth in the near future.
Exports by Country
Myanmar (X tons), the United States (X tons) and the United Arab Emirates (X tons) were the main destinations of prepared dish and meal exports from Bangladesh, with a combined 28% share of total exports.
From 2012 to 2021, the biggest increases were recorded for Myanmar (with a CAGR of +340.4%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, the largest markets for prepared dish and meal exported from Bangladesh were Myanmar ($X), Sri Lanka ($X) and the United States ($X), together comprising 36% of total exports.
Myanmar, with a CAGR of +351.9%, saw the highest rates of growth with regard to the value of exports, in terms of 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
In 2021, the average prepared dish and meal export price amounted to $X per ton, surging by 10% against the previous year. Overall, the export price saw a buoyant increase. The pace of growth was the most pronounced in 2018 an increase of 67% against the previous year. Over the period under review, the average export prices hit record highs in 2021 and is likely to continue growth in years to come.
There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Sri Lanka ($X per ton), while the average price for exports to the United Arab Emirates ($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 the UK (+8.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Prepared Dishes And Meals
Imports into Bangladesh
In 2021, overseas purchases of prepared dishes and meals decreased by -37.1% to X tons for the first time since 2013, thus ending a seven-year rising trend. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when imports increased by 31% against the previous year. Over the period under review, imports hit record highs at X tons in 2020, and then dropped markedly in the following year.
In value terms, prepared dish and meal imports dropped sharply to $X in 2021. Over the period under review, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 when imports increased by 36%. As a result, imports attained the peak of $X. From 2017 to 2021, the growth of imports failed to regain momentum.
Imports by Country
China (X tons), Thailand (X tons) and Singapore (X tons) were the main suppliers of prepared dish and meal imports to Bangladesh, together comprising 32% of total imports. Malaysia, Poland, India, South Korea, the United Arab Emirates and France lagged somewhat behind, together comprising a further 26%.
From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +339.8%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, Singapore ($X) constituted the largest supplier of prepared dishes and meals to Bangladesh, comprising 24% of total imports. The second position in the ranking was taken by China ($X), with a 7.8% share of total imports. It was followed by India, with a 4.7% share.
From 2012 to 2021, the average annual growth rate of value from Singapore amounted to +36.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+0.6% per year) and India (-22.3% per year).
Import Prices by Country
In 2021, the average prepared dish and meal import price amounted to $X per ton, growing by 2.3% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 18%. As a result, import price attained the peak level of $X per ton. From 2017 to 2021, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($X per ton), while the price for South Korea ($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 (+17.7%), 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 market for prepared dish and meal 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:
- Prodcom 10851900 - Other prepared dishes and meals (including frozen pizza)
- Prodcom 10891940 - Other food preparations n.e.c.
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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