Bangladesh: Mixes And Doughs Market 2024

Mixes And Doughs Market Size in Bangladesh

The Bangladeshi mixes and doughs market stood at $X in 2022, remaining relatively unchanged against the previous year. Over the period under review, the total consumption indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +5.9% 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 -0.2% against 2020 indices. Over the period under review, the market attained the peak level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Mixes And Doughs Production in Bangladesh

In value terms, mixes and doughs production stood at $X in 2022 estimated in export price. Overall, the total production indicated buoyant growth from 2012 to 2022: its value 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, production decreased by -0.4% against 2020 indices. The most prominent rate of growth was recorded in 2013 with an increase of 20% against the previous year. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Mixes And Doughs Exports

Exports from Bangladesh

Mixes and doughs exports from Bangladesh was estimated at X tons in 2022, surging by 11% on the previous year. Over the period under review, exports saw significant growth. The pace of growth was the most pronounced in 2015 with an increase of 402% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, mixes and doughs exports surged to $X in 2022. In general, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2018 when exports increased by 295%. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

The UK (X tons) was the main destination for mixes and doughs exports from Bangladesh, with a 64% share of total exports. Moreover, mixes and doughs exports to the UK exceeded the volume sent to the second major destination, Canada (X tons), threefold. Italy (X tons) ranked third in terms of total exports with a 5.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the UK stood at +130.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+67.5% per year) and Italy (+42.5% per year).

In value terms, the UK ($X) remains the key foreign market for mixes and doughs exports from Bangladesh, comprising 60% of total exports. The second position in the ranking was held by Canada ($X), with an 18% share of total exports. It was followed by Italy, with a 6.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the UK totaled +112.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+60.9% per year) and Italy (+43.7% per year).

Export Prices by Country

In 2022, the average mixes and doughs export price amounted to $X per ton, increasing by 6.1% against the previous year. Over the period under review, the export price recorded a buoyant expansion. The most prominent rate of growth was recorded in 2018 an increase of 57% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2019; afterwards, it flattened through to 2022.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Australia ($X per ton) and Italy ($X per ton), while the average price for exports to the UK ($X per ton) and Canada ($X per ton) were 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 (+5.3%), while the prices for the other major destinations experienced mixed trend patterns.

Mixes And Doughs Imports

Imports into Bangladesh

In 2022, overseas purchases of mixes and doughs decreased by -11.9% to X tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, posted a buoyant expansion. The most prominent rate of growth was recorded in 2014 with an increase of 64% against the previous year. Imports peaked at X tons in 2021, and then shrank in the following year.

In value terms, mixes and doughs imports dropped to $X in 2022. In general, imports, however, enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2016 with an increase of 97% against the previous year. Imports peaked at $X in 2021, and then reduced in the following year.

Imports by Country

Jordan (X tons), Germany (X tons) and China (X tons) were the main suppliers of mixes and doughs imports to Bangladesh, with a combined 4.6% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of -1.9%), while imports for the other leaders experienced a decline.

In value terms, the largest mixes and doughs suppliers to Bangladesh were Germany ($X), Jordan ($X) and China ($X), together comprising 6.2% of total imports.

In terms of the main suppliers, Germany, with a CAGR of +4.3%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average mixes and doughs import price amounted to $X per ton, remaining relatively unchanged against the previous year. Over the last decade, it increased at an average annual rate of +2.0%. The growth pace was the most rapid in 2016 when the average import price increased by 28%. As a result, import price reached the peak level of $X per ton. From 2017 to 2022, the average import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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