Bangladesh: Potato Chips Market 2025

Potato Chips Market Size in Bangladesh

The Bangladeshi potato chips market expanded sharply to $X in 2022, growing by 7.4% against the previous year. In general, the total consumption indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +7.1% 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 -6.4% against 2020 indices. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Potato Chips Production in Bangladesh

In value terms, potato chips production expanded significantly to $X in 2022 estimated in export price. Over the period under review, production, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2020 when the production volume increased by 51%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Potato Chips Exports

Exports from Bangladesh

In 2022, exports of potato chips from Bangladesh contracted significantly to X tons, dropping by -23.7% against the year before. In general, exports saw a mild curtailment. The pace of growth was the most pronounced in 2014 with an increase of 315% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, potato chips exports contracted significantly to $X in 2022. Over the period under review, exports, however, showed a resilient increase. The pace of growth appeared the most rapid in 2014 with an increase of 110% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

The UK (X tons), the United States (X tons) and Sri Lanka (X tons) were the main destinations of potato chips exports from Bangladesh, with a combined 63% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the UK (with a CAGR of +74.1%), while the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), the United States ($X) and Sri Lanka ($X) were the largest markets for potato chips exported from Bangladesh worldwide, with a combined 80% share of total exports.

In terms of the main countries of destination, the UK, with a CAGR of +76.2%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average potato chips export price stood at $X per ton in 2022, rising by 2.5% against the previous year. Over the period under review, the export price saw a buoyant increase. The pace of growth was the most pronounced in 2020 when the average export price increased by 118%. The export price peaked in 2022 and is likely to see steady growth in the near future.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Sweden ($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 Nepal (+25.2%), while the prices for the other major destinations experienced more modest paces of growth.

Potato Chips Imports

Imports into Bangladesh

In 2022, approx. X tons of potato chips were imported into Bangladesh; remaining relatively unchanged against the previous year's figure. Overall, imports, however, saw tangible growth. The most prominent rate of growth was recorded in 2016 when imports increased by 86%. As a result, imports attained the peak of X tons. From 2017 to 2022, the growth of imports failed to regain momentum.

In value terms, potato chips imports shrank to $X in 2022. Over the period under review, imports, however, showed a measured increase. The most prominent rate of growth was recorded in 2015 with an increase of 49%. Imports peaked at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, the UK (X tons) constituted the largest supplier of potato chips to Bangladesh, accounting for a 53% share of total imports. Moreover, potato chips imports from the UK exceeded the figures recorded by the second-largest supplier, Singapore (X tons), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume from the UK amounted to +14.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (+111.8% per year) and the United States (+10.6% per year).

In value terms, the largest potato chips suppliers to Bangladesh were the UK ($X), Singapore ($X) and the United States ($X), together comprising 73% of total imports.

Singapore, with a CAGR of +112.2%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average potato chips import price stood at $X per ton in 2022, shrinking by -9.6% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 24% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, 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 Singapore ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+2.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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