Report Update Mar 1, 2025

Bangladesh - Sorghum - Market Analysis, Forecast, Size, Trends and Insights

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Bangladesh: Sorghum Market 2025

Sorghum Market Size in Bangladesh

In 2022, after two years of growth, there was significant decline in the Bangladeshi sorghum market, when its value decreased by -14.1% to $X. Overall, consumption, however, recorded a buoyant increase. Over the period under review, the market hit record highs at $X in 2021, and then shrank in the following year.

Sorghum Production in Bangladesh

In value terms, sorghum production reduced to $X in 2022 estimated in export price. Over the period under review, production, however, showed a abrupt downturn. The growth pace was the most rapid in 2018 with an increase of 26%. Sorghum production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

The average yield of sorghum in Bangladesh was estimated at X tons per ha in 2022, remaining stable against 2021 figures. In general, the yield saw a mild decrease. The most prominent rate of growth was recorded in 2018 with an increase of 7.5%. The sorghum yield peaked at X tons per ha in 2012; however, from 2013 to 2022, the yield stood 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, approx. X ha of sorghum were harvested in Bangladesh; surging by 11% on the year before. Overall, the harvested area, however, saw a abrupt shrinkage. The sorghum harvested area peaked at X ha in 2012; however, from 2013 to 2022, the harvested area remained at a lower figure.

Sorghum Exports

Exports from Bangladesh

Sorghum exports from Bangladesh fell slightly to X tons in 2019, which is down by -4.8% compared with 2018. In general, exports, however, posted a significant expansion. The pace of growth was the most pronounced in 2014 with an increase of 364% against the previous year. As a result, the exports attained the peak of X tons. From 2015 to 2019, the growth of the exports remained at a lower figure.

In value terms, sorghum exports skyrocketed to $X in 2019. Overall, exports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2018 with an increase of 213% against the previous year. The exports peaked in 2019 and are likely to continue growth in the immediate term.

Exports by Country

Saudi Arabia (X tons) was the main destination for sorghum exports from Bangladesh, accounting for a approx. 100% share of total exports.

From 2012 to 2019, the average annual growth rate of volume to Saudi Arabia stood at +341.7%.

In value terms, Saudi Arabia ($X) emerged as the key foreign market for sorghum exports from Bangladesh.

From 2012 to 2019, the average annual rate of growth in terms of value to Saudi Arabia amounted to +193.8%.

Export Prices by Country

The average sorghum export price stood at $X per ton in 2019, increasing by 25% against the previous year. Over the period under review, the export price, however, recorded a mild contraction. The pace of growth was the most pronounced in 2018 an increase of 34% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2019, the export prices failed to regain momentum.

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

From 2012 to 2019, the rate of growth in terms of prices for Malaysia amounted to -8.3% per year.

Sorghum Imports

Imports into Bangladesh

In 2022, overseas purchases of sorghum decreased by -14.4% to X tons for the first time since 2014, thus ending a seven-year rising trend. In general, imports, however, showed a strong expansion. The pace of growth was the most pronounced in 2015 with an increase of 139%. Over the period under review, imports attained the maximum at X tons in 2021, and then fell in the following year.

In value terms, sorghum imports shrank to $X in 2022. Over the period under review, imports, however, enjoyed strong growth. The most prominent rate of growth was recorded in 2015 when imports increased by 201%. Imports peaked at $X in 2021, and then shrank in the following year.

Imports by Country

In 2022, India (X tons) was the main sorghum supplier to Bangladesh, with a approx. 100% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from India totaled +130.7%.

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

From 2012 to 2022, the average annual rate of growth in terms of value from India stood at +133.4%.

Import Prices by Country

The average sorghum import price stood at $X per ton in 2022, standing approx. at the previous year. Overall, import price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +6.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sorghum import price decreased by -23.6% against 2016 indices. The pace of growth was the most pronounced in 2013 an increase of 97%. The import price peaked at $X per ton in 2016; however, from 2017 to 2022, import prices remained at a 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 +1.2% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sorghum in the world?

The countries with the highest volumes of sorghum consumption in 2021 were China, Nigeria and Ethiopia, with a combined 35% share of global consumption.

What are the largest producers of sorghum in the world?

The countries with the highest volumes of sorghum production in 2021 were the United States, Nigeria and Ethiopia, with a combined 36% share of global production. These countries were followed by Mexico, India, China, Sudan, Brazil, Niger, Burkina Faso, Argentina, Mali and Cameroon, which together accounted for a further 46%.

What are the leading suppliers of sorghum to Bangladesh?

In value terms, India constituted the largest supplier of sorghum to Bangladesh.

What are the leading importers of sorghum from Bangladesh?

In value terms, Saudi Arabia remains the key foreign market for sorghum exports from Bangladesh.

What is the average export price for sorghum in Bangladesh?

The average sorghum export price stood at $886 per ton in 2019, picking up by 74% against the previous year.

What is the average import price for sorghum in Bangladesh?

In 2021, the average sorghum import price amounted to $310 per ton, remaining constant against the previous year.

This report provides an in-depth analysis of the sorghum 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:

FCL 83 - Sorghum

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. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. 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, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2024
23. Production, In Value Terms, 2012–2024
24. Area Harvested, 2012–2024
25. Yield, 2012–2024
26. Imports, In Physical Terms, 2012–2024
27. Imports, In Value Terms, 2012–2024
28. Imports, In Physical Terms, By Country, 2024
29. Imports, In Physical Terms, By Country, 2012–2024
30. Imports, In Value Terms, By Country, 2012–2024
31. Import Prices, By Country Of Origin, 2012–2024
32. Exports, In Physical Terms, 2012–2024
33. Exports, In Value Terms, 2012–2024
34. Exports, In Physical Terms, By Country, 2024
35. Exports, In Physical Terms, By Country, 2012–2024
36. Exports, In Value Terms, By Country, 2012–2024
37. Export Prices, By Country Of Destination, 2012–2024