Bangladesh: Market for Roots and Tubers, nes 2022

Market Size for Roots and Tubers, nes in Bangladesh

The Bangladeshi roots and tubers, nes market surged to $X in 2020, jumping by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption posted a significant increase. The most prominent rate of growth was recorded in 2014 when the market value increased by X% against the previous year. Over the period under review, the market reached the maximum level in 2020 and is expected to retain growth in the immediate term.

Exports of Roots and Tubers, nes

Exports from Bangladesh

Roots and tubers, nes exports from Bangladesh fell notably to X tons in 2020, with a decrease of -X% compared with the year before. In general, exports, however, recorded prominent growth. The most prominent rate of growth was recorded in 2010 when exports increased by X% year-to-year. Exports peaked at X tons in 2018; however, from 2019 to 2020, exports failed to regain the momentum.

In value terms, roots and tubers, nes exports shrank dramatically to $X in 2020. Overall, exports, however, showed prominent growth. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. As a result, exports attained the peak of $X. from 2019 to 2020, the growth exports remained at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X tons), Qatar (X tons) and Saudi Arabia (X tons) were the main destinations of roots and tubers, nes exports from Bangladesh, together accounting for X% of total exports.

From 2007 to 2020, the biggest increases were in the United Arab Emirates (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for roots and tubers, nes exported from Bangladesh were Qatar ($X), the United Arab Emirates ($X) and the UK ($X), with a combined X% share of total exports.

Among the main countries of destination, the United Arab Emirates (+X% per year) saw the highest growth rate of 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 roots and tubers, nes export price stood at $X per ton in 2020, reducing by -X% against the previous year. In general, the export price showed a mild contraction. The most prominent rate of growth was recorded in 2018 when the average export price increased by X% year-to-year. The export price peaked at $X per ton in 2010; however, from 2011 to 2020, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was the UK ($X per ton), while the average price for exports to Kuwait ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Qatar, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Roots and Tubers, nes

Imports into Bangladesh

In 2020, supplies from abroad of roots and tubers, nes increased by X% to X tons, rising for the third year in a row after two years of decline. In general, imports saw significant growth. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. Over the period under review, imports reached the maximum in 2020 and are expected to retain growth in years to come.

In value terms, roots and tubers, nes imports surged to $X in 2020. Over the period under review, imports saw a significant increase. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. Imports peaked in 2020 and are expected to retain growth in years to come.

Imports by Country

In 2020, India (X tons) constituted the largest roots and tubers, nes supplier to Bangladesh, accounting for a X% share of total imports. Moreover, roots and tubers, nes imports from India exceeded the figures recorded by the second-largest supplier, Thailand (X tons), threefold.

From 2007 to 2020, the average annual growth rate of volume from India amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+X% per year) and China (+X% per year).

In value terms, India ($X) constituted the largest supplier of roots and tubers, nes to Bangladesh, comprising X% of total imports. The second position in the ranking was occupied by China ($X), with a X% share of total imports.

From 2007 to 2020, the average annual growth rate of value from India amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and Thailand (+X% per year).

Import Prices by Country

The average roots and tubers, nes import price stood at $X per ton in 2020, with an increase of X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2017; however, from 2018 to 2020, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was China ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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