Bangladesh - Chocolate Bars with Cereals, Fruit or Nuts - Market Analysis, Forecast, Size, Trends and Insights
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View PricingBangladesh: Market for Chocolate Bars with Cereals, Fruit or Nuts 2024
Market Size for Chocolate Bars with Cereals, Fruit or Nuts in Bangladesh
The Bangladeshi market for chocolate bars with cereals, fruit or nuts reduced modestly to $X in 2022, with a decrease of -2.3% against the previous year. Overall, consumption recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.
Production of Chocolate Bars with Cereals, Fruit or Nuts in Bangladesh
In value terms, production of chocolate bars with cereals, fruit or nuts declined to $X in 2022 estimated in export price. In general, production recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of 31%. As a result, production reached the peak level of $X. From 2014 to 2022, production of growth remained at a lower figure.
Exports of Chocolate Bars with Cereals, Fruit or Nuts
Exports from Bangladesh
Exports of chocolate bars with cereals, fruit or nuts from Bangladesh fell markedly to X tons in 2022, which is down by -65.9% against 2021. Over the period under review, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2017 with an increase of 489%. The exports peaked at X tons in 2021, and then contracted rapidly in the following year.
In value terms, exports of chocolate bars with cereals, fruit or nuts reduced dramatically to $X in 2022. In general, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2017 with an increase of 401%. The exports peaked at $X in 2021, and then fell dramatically in the following year.
Exports by Country
Bolivia (X tons), the Philippines (X tons) and the United Arab Emirates (X tons) were the main destinations of exports of chocolate bars with cereals, fruit or nuts from Bangladesh, together accounting for 75% of total exports.
From 2012 to 2022, the biggest increases were recorded for the United Arab Emirates (with a CAGR of +120.4%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, the United Arab Emirates ($X), Bolivia ($X) and Australia ($X) constituted the largest markets for cereal, fruit or nut chocolate bar exported from Bangladesh worldwide, together accounting for 55% of total exports. Germany, Vietnam, the Philippines and Nepal lagged somewhat behind, together accounting for a further 22%.
Germany, with a CAGR of +147.6%, recorded 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
The average export price for chocolate bars with cereals, fruit or nuts stood at $X per ton in 2022, jumping by 47% against the previous year. Over the period under review, the export price continues to indicate a prominent increase. The growth pace was the most rapid in 2013 an increase of 77% against the previous year. The export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to the Philippines ($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 Germany (+29.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Chocolate Bars with Cereals, Fruit or Nuts
Imports into Bangladesh
After two years of growth, purchases abroad of chocolate bars with cereals, fruit or nuts decreased by -11.4% to X tons in 2022. In general, imports, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2013 with an increase of 58%. Over the period under review, imports of hit record highs at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.
In value terms, imports of chocolate bars with cereals, fruit or nuts shrank markedly to $X in 2022. Over the period under review, imports, however, posted strong growth. The most prominent rate of growth was recorded in 2013 with an increase of 112%. Imports peaked at $X in 2021, and then contracted rapidly in the following year.
Imports by Country
In 2022, India (X tons) constituted the largest supplier of cereal, fruit or nut chocolate bar to Bangladesh, accounting for a 46% share of total imports. Moreover, imports of chocolate bars with cereals, fruit or nuts from India exceeded the figures recorded by the second-largest supplier, the United States (X tons), fivefold. The third position in this ranking was held by the United Arab Emirates (X tons), with a 6.4% share.
From 2012 to 2022, the average annual rate of growth in terms of volume from India totaled +46.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+67.4% per year) and the United Arab Emirates (+10.5% per year).
In value terms, India ($X) constituted the largest supplier of chocolate bars with cereals, fruit or nuts to Bangladesh, comprising 34% of total imports. The second position in the ranking was held by Germany ($X), with a 9.1% share of total imports. It was followed by Spain, with a 6.7% share.
From 2012 to 2022, the average annual growth rate of value from India amounted to +46.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+119.2% per year) and Spain (+25.0% per year).
Import Prices by Country
In 2022, the average import price for chocolate bars with cereals, fruit or nuts amounted to $X per ton, which is down by -12.7% against the previous year. In general, import price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +6.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for chocolate bars with cereals, fruit or nuts decreased by -20.0% against 2020 indices. The growth pace was the most rapid in 2013 when the average import price increased by 34%. Over the period under review, average import prices reached the peak figure at $X per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Hungary ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+18.1%), 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 cereal, fruit or nut chocolate bar 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 10822235 - Chocolate blocks, slabs or bars with added cereal, fruit or nuts (excluding filled, chocolate biscuits)
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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