Bangladesh: Papaya Market 2025

Papaya Market Size in Bangladesh

The Bangladeshi papaya market expanded slightly to $X in 2022, with an increase of 3.6% against the previous year. Over the period under review, consumption showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Papaya Production in Bangladesh

In value terms, papaya production amounted to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the production volume increased by 18% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

In 2022, the average yield of papayas in Bangladesh contracted to X tons per ha, dropping by -1.5% on 2021 figures. In general, the yield recorded a perceptible shrinkage. The most prominent rate of growth was recorded in 2019 with an increase of 84%. As a result, the yield reached the peak level of X tons per ha. From 2020 to 2022, the growth of the average papaya yield remained 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, the papaya harvested area in Bangladesh rose slightly to X ha, increasing by 3.5% on 2021 figures. Overall, the total harvested area indicated a buoyant increase from 2012 to 2022: its figure increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, papaya harvested area decreased by -3.3% against 2020 indices. The pace of growth appeared the most rapid in 2020 when the harvested area increased by 95%. As a result, the harvested area reached the peak level of X ha. From 2021 to 2022, the growth of the papaya harvested area failed to regain momentum.

Papaya Exports

Exports from Bangladesh

In 2022, shipments abroad of papayas was finally on the rise to reach X tons after three years of decline. Over the period under review, exports, however, faced a abrupt decrease. The pace of growth was the most pronounced in 2015 when exports increased by 102% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, papaya exports dropped to $X in 2022. Overall, exports, however, showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2015 when exports increased by 103%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The UK (X tons), Ireland (X tons) and Germany (X tons) were the main destinations of papaya exports from Bangladesh, together comprising 70% of total exports.

From 2012 to 2022, the biggest increases were recorded for Ireland (with a CAGR of +63.4%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for papaya exported from Bangladesh were the UK ($X), Ireland ($X) and Germany ($X), with a combined 70% share of total exports.

Ireland, with a CAGR of +64.9%, 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 mixed trend patterns.

Export Prices by Country

In 2022, the average papaya export price amounted to $X per ton, dropping by -7.6% against the previous year. Overall, export price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +7.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, papaya export price increased by +60.9% against 2016 indices. The growth pace was the most rapid in 2013 when the average export price increased by 72% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2021, and then reduced in the following year.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Ireland ($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 (+3.1%), while the prices for the other major destinations experienced more modest paces of growth.

Papaya Imports

Imports into Bangladesh

In 2022, the amount of papayas imported into Bangladesh dropped significantly to X tons, waning by -45.4% against 2021. Over the period under review, imports, however, continue to indicate a strong expansion. The pace of growth appeared the most rapid in 2021 with an increase of 972% against the previous year. As a result, imports reached the peak of X tons, and then dropped rapidly in the following year.

In value terms, papaya imports contracted significantly to $X in 2022. In general, imports, however, recorded a prominent expansion. The pace of growth was the most pronounced in 2014 when imports increased by 758% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, India (X tons) constituted the largest papaya supplier to Bangladesh, accounting for a approx. 50% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from India amounted to +5.3%.

In value terms, India ($X) constituted the largest supplier of papayas to Bangladesh.

From 2012 to 2022, the average annual rate of growth in terms of value from India amounted to -6.0%.

Import Prices by Country

In 2022, the average papaya import price amounted to $X per ton, surging by 3.6% against the previous year. In general, the import price, however, continues to indicate a mild reduction. The most prominent rate of growth was recorded in 2013 an increase of 69% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to -10.7% per year.

Source: IndexBox Platform

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