Report Update Nov 1, 2024

Bangladesh - Sugars, Sugar Ethers and Salts - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Bangladesh: Sugars Market 2024

Sugars Market Size in Bangladesh

For the third year in a row, the Bangladeshi sugars market recorded growth in sales value, which increased by 116% to $X in 2021. Overall, consumption recorded a prominent increase. Over the period under review, the market hit record highs in 2021 and is likely to see steady growth in the immediate term.

Sugars Exports

Exports from Bangladesh

In 2017, the amount of sugars, sugar ethers and salts exported from Bangladesh was estimated at X tons, approximately reflecting the previous year. Over the period under review, exports recorded a sharp downturn. The smallest decline of 99.9% was in 2016. The exports peaked at X tons in 2015; however, from 2016 to 2017, the exports failed to regain momentum.

In value terms, sugars exports amounted to $X in 2017. In general, exports recorded a sharp decline. The smallest decline of 99.9% was in 2016. Over the period under review, the exports reached the maximum at $X in 2015; however, from 2016 to 2017, the exports remained at a lower figure.

Exports by Country

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

From 2015 to 2017, the average annual rate of growth in terms of volume to Canada was relatively modest.

From 2015 to 2017, the average annual growth rate of value to Canada was relatively modest.

Export Prices by Country

The average sugars export price stood at $X per ton in 2017, remaining relatively unchanged against the previous year. Over the period under review, the export price showed a significant expansion. The pace of growth was the most pronounced in 2016 when the average export price decreased by 99.9%. Over the period under review, the average export prices attained the peak figure in 2017 and is likely to see gradual growth in the immediate term.

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

From 2015 to 2017, the rate of growth in terms of prices for the Philippines amounted to 0.0% per year.

Sugars Imports

Imports into Bangladesh

In 2021, sugars imports into Bangladesh surged to X tons, picking up by 131% against the previous year's figure. Overall, imports enjoyed a tangible increase. The pace of growth appeared the most rapid in 2015 when imports increased by 292% against the previous year. As a result, imports attained the peak of X tons. From 2016 to 2021, the growth of imports remained at a lower figure.

In value terms, sugars imports soared to $X in 2021. In general, imports showed a resilient expansion. The most prominent rate of growth was recorded in 2015 with an increase of 237% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are likely to see gradual growth in the immediate term.

Imports by Country

Denmark (X tons), Austria (X tons) and Italy (X tons) were the main suppliers of sugars imports to Bangladesh, with a combined 87% share of total imports. These countries were followed by China, Germany, Australia and Japan, which together accounted for a further 11%.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +25.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest sugars suppliers to Bangladesh were Denmark ($X), Germany ($X) and Austria ($X), with a combined 75% share of total imports.

In terms of the main suppliers, Germany, with a CAGR of +34.7%, recorded the highest rates of growth with regard to 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

The average sugars import price stood at $X per ton in 2021, which is down by -8.9% against the previous year. Overall, import price indicated measured growth from 2012 to 2021: its price increased at an average annual rate of +3.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, sugars import price decreased by -10.1% against 2018 indices. The pace of growth appeared the most rapid in 2018 an increase of 59%. As a result, import price attained the peak level of $X per ton. From 2019 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Austria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+25.4%), 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 sugars, sugar ethers and salts in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, together accounting for 41% of global consumption. These countries were followed by Japan, Brazil, Spain, Germany, Switzerland, Indonesia, Poland, Russia, the Philippines and South Korea, which together accounted for a further 29%.

What are the largest producers of sugars, sugar ethers and salts in the world?

The countries with the highest volumes of in 2021 were China, Germany and the United States, with a combined 49% share of global production. Thailand, India, Indonesia, France, Austria, Brazil, South Africa, the Philippines and the UK lagged somewhat behind, together accounting for a further 39%.

What are the leading suppliers of sugars, sugar ethers and salts to Bangladesh?

In value terms, the largest sugars suppliers to Bangladesh were Denmark, Germany and Austria, together comprising 76% of total imports.

What is the average export price for sugars, sugar ethers and salts in Bangladesh?

The average sugars export price stood at $3,394 per ton in 2017, remaining relatively unchanged against the previous year.

What is the average import price for sugars, sugar ethers and salts in Bangladesh?

The average sugars import price stood at $5,836 per ton in 2021, which is down by -6.1% against the previous year.

This report provides an in-depth analysis of the sugars 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 21104000 - Sugars, pure (excluding glucose, etc.), sugar ethers and salts, etc.

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