Bangladesh: Market for Pasta Stuffed With Meat, Fish and Cheese 2024

Market Size for Pasta Stuffed With Meat, Fish and Cheese in Bangladesh

The Bangladeshi market for pasta stuffed with meat, fish and cheese expanded slightly to $X in 2022, with an increase of 3.1% against the previous year. Over the period under review, the total consumption indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of +2.4% 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 -2.9% against 2020 indices. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Pasta Stuffed With Meat, Fish and Cheese in Bangladesh

In value terms, meat, fish or cheese pasta production rose slightly to $X in 2022 estimated in export price. In general, the total production indicated notable growth from 2012 to 2022: its value increased at an average annual rate of +2.2% 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 -2.8% against 2020 indices. The pace of growth was the most pronounced in 2015 when the production volume increased by 38%. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Pasta Stuffed With Meat, Fish and Cheese

Exports from Bangladesh

In 2022, meat, fish or cheese pasta exports from Bangladesh shrank remarkably to X tons, dropping by -25.6% compared with 2021 figures. Overall, exports, however, posted a significant increase. The pace of growth was the most pronounced in 2015 when exports increased by 474%. The exports peaked at X tons in 2021, and then declined sharply in the following year.

In value terms, meat, fish or cheese pasta exports contracted significantly to $X in 2022. In general, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2015 when exports increased by 363%. Over the period under review, the exports reached the peak figure at $X in 2021, and then declined notably in the following year.

Exports by Country

Canada (X tons), Germany (X tons) and Italy (X tons) were the main destinations of meat, fish or cheese pasta exports from Bangladesh, with a combined 76% share of total exports. The Netherlands, Japan, Gambia, Australia and the UK lagged somewhat behind, together accounting for a further 21%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of +362.5%), while the other leaders experienced more modest paces of growth.

In value terms, Canada ($X) remains the key foreign market for pasta stuffed with meat, fish and cheese exports from Bangladesh, comprising 39% of total exports. The second position in the ranking was taken by Italy ($X), with a 19% share of total exports. It was followed by Germany, with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Canada stood at +125.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+91.3% per year) and Germany (+145.2% per year).

Export Prices by Country

In 2022, the average export price for pasta stuffed with meat, fish and cheese amounted to $X per ton, picking up by 3.7% against the previous year. In general, the export price, however, saw a mild descent. The growth pace was the most rapid in 2017 an increase of 45% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 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 the UK ($X per ton), while the average price for exports to Gambia ($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 Saudi Arabia (+19.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Pasta Stuffed With Meat, Fish and Cheese

Imports into Bangladesh

In 2022, approx. X tons of pasta stuffed with meat, fish and cheese were imported into Bangladesh; reducing by -53.7% compared with the year before. In general, imports, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 1,242% against the previous year. Over the period under review, imports attained the maximum at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, meat, fish or cheese pasta imports dropped notably to $X in 2022. Over the period under review, imports, however, recorded a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 2,077% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, the United Arab Emirates (X tons) constituted the largest supplier of meat, fish or cheese pasta to Bangladesh, with a 73% share of total imports. Moreover, meat, fish or cheese pasta imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, South Korea (X kg), fourfold. The third position in this ranking was held by the United States (X kg), with a 5.9% share.

From 2012 to 2022, the average annual growth rate of volume from the United Arab Emirates amounted to +21.8%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+77.1% per year) and the United States (+23.3% per year).

In value terms, the largest meat, fish or cheese pasta suppliers to Bangladesh were South Korea ($X), the United Arab Emirates ($X) and the United States ($X), with a combined 97% share of total imports.

In terms of the main suppliers, South Korea, with a CAGR of +91.8%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for pasta stuffed with meat, fish and cheese amounted to $X per ton, picking up by 13% against the previous year. Over the period under review, the import price enjoyed buoyant growth. The most prominent rate of growth was recorded in 2014 an increase of 65%. The import price peaked in 2022 and is likely to see gradual growth in years to come.

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 South Korea ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+40.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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