Report Update Nov 1, 2024

Bangladesh - Salmon (Prepared or Preserved) - Market Analysis, Forecast, Size, Trends and Insights

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Bangladesh: Preserved Salmon Market 2024

Preserved Salmon Market Size in Bangladesh

The Bangladeshi preserved salmon market declined modestly to $X in 2021, waning by -2.6% against the previous year. Overall, consumption recorded a perceptible curtailment. Preserved salmon consumption peaked at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.

Preserved Salmon Production in Bangladesh

In value terms, preserved salmon production shrank slightly to $X in 2021 estimated in export price. Overall, production recorded a pronounced curtailment. The most prominent rate of growth was recorded in 2016 when the production volume increased by 40% against the previous year. Preserved salmon production peaked at $X in 2017; however, from 2018 to 2021, production stood at a somewhat lower figure.

Preserved Salmon Exports

Exports from Bangladesh

In 2021, the amount of salmon (prepared or preserved) exported from Bangladesh was estimated at X kg, standing approx. at 2020 figures. In general, exports recorded a significant increase. The smallest decline of 99.9% was in 2014. Over the period under review, the exports reached the maximum in 2021 and are likely to see gradual growth in years to come.

In value terms, preserved salmon exports amounted to $X in 2021. Overall, exports saw a significant increase. The smallest decline of 99.9% was in 2014. Over the period under review, the exports reached the maximum in 2021 and are likely to see steady growth in years to come.

Exports by Country

Finland (X kg) was the main destination for preserved salmon exports from Bangladesh, accounting for a approx. 100% share of total exports.

From 2013 to 2021, the average annual rate of growth in terms of volume to Finland was relatively modest.

From 2013 to 2021, the average annual growth rate of value to Finland was relatively modest.

Export Prices by Country

The average preserved salmon export price stood at $X per ton in 2021, remaining constant against the previous year. Overall, the export price saw a deep reduction. The growth pace was the most rapid in 2014 a decrease of 99.9% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Finland.

From 2013 to 2021, the rate of growth in terms of prices for Austria amounted to 0.0% per year.

Preserved Salmon Imports

Imports into Bangladesh

Preserved salmon imports into Bangladesh surged to X tons in 2021, with an increase of 38% compared with the year before. In general, imports showed a strong increase. The most prominent rate of growth was recorded in 2013 when imports increased by 588%. As a result, imports attained the peak of X tons. From 2014 to 2021, the growth of imports remained at a lower figure.

In value terms, preserved salmon imports totaled $X in 2021. Over the period under review, imports posted a significant increase. The most prominent rate of growth was recorded in 2013 when imports increased by 542% against the previous year. Imports peaked in 2021 and are expected to retain growth in the near future.

Imports by Country

In 2021, Thailand (X kg) constituted the largest preserved salmon supplier to Bangladesh, accounting for a 60% share of total imports. Moreover, preserved salmon imports from Thailand exceeded the figures recorded by the second-largest supplier, Singapore (X kg), sixfold.

From 2012 to 2021, the average annual growth rate of volume from Thailand totaled +8.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (+10.6% per year) and Australia (+53.7% per year).

In value terms, Thailand ($X), Australia ($X) and Singapore ($X) constituted the largest preserved salmon suppliers to Bangladesh, together accounting for 68% of total imports.

In terms of the main suppliers, Australia, with a CAGR of +70.0%, recorded 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 2021, the average preserved salmon import price amounted to $X per ton, reducing by -17.5% against the previous year. Overall, the import price, however, saw resilient growth. The pace of growth appeared the most rapid in 2017 when the average import price increased by 68% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2020, and then contracted sharply in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($X per ton), while the price for Singapore ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+406.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for salmon (prepared or preserved) in the world?

The country with the largest volume of preserved salmon consumption was Norway, accounting for 60% of total volume. Moreover, preserved salmon consumption in Norway exceeded the figures recorded by the second-largest consumer, China, eightfold. The third position in this ranking was occupied by the United States, with a 4% share.

What are the largest producers of salmon (prepared or preserved) in the world?

The country with the largest volume of preserved salmon production was Norway, accounting for 61% of total volume. Moreover, preserved salmon production in Norway exceeded the figures recorded by the second-largest producer, China, eightfold. The United States ranked third in terms of total production with a 4.3% share.

What are the leading suppliers of salmon (prepared or preserved) to Bangladesh?

In value terms, Thailand constituted the largest supplier of preserved salmon to Bangladesh.

What is the average export price for salmon (prepared or preserved) in Bangladesh?

The average preserved salmon export price stood at $12,778 per ton in 2013, standing approx. at the previous year.

What is the average import price for salmon (prepared or preserved) in Bangladesh?

In 2021, the average preserved salmon import price amounted to $5,168 per ton, which is down by -5.5% against the previous year.

This report provides an in-depth analysis of the preserved salmon market in Bangladesh. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 10202510 - Prepared or preserved salmon, whole or in pieces (excluding minced products and prepared meals and dishes)

Country coverage:

Bangladesh

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Bangladesh
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023