Report Update Nov 1, 2024

Bangladesh - Wine - 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: Wine Market 2024

Wine Market Size in Bangladesh

The Bangladeshi wine market was finally on the rise to reach $X in 2021, after two years of decline. Over the period under review, consumption saw a slight increase. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Wine Exports

Exports from Bangladesh

Wine exports from Bangladesh reduced remarkably to X litres in 2021, which is down by -97.1% compared with the year before. Over the period under review, exports showed a dramatic decline. The pace of growth was the most pronounced in 2020 with an increase of 1,480% against the previous year. The exports peaked at X litres in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, wine exports reduced notably to $X in 2021. Overall, exports recorded a sharp decline. The pace of growth appeared the most rapid in 2020 when exports increased by 856% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Norway (X litres) was the main destination for wine exports from Bangladesh, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Norway was relatively modest.

In value terms, Norway ($X) emerged as the key foreign market for wine exports from Bangladesh.

From 2012 to 2021, the average annual rate of growth in terms of value to Norway was relatively modest.

Export Prices by Country

In 2021, the average wine export price amounted to $X per litre, waning by -7.3% against the previous year. In general, the export price, however, enjoyed buoyant growth. The pace of growth was the most pronounced in 2016 when the average export price increased by 122% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per litre in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for India amounted to -24.2% per year.

Wine Imports

Imports into Bangladesh

In 2021, after two years of decline, there was significant growth in overseas purchases of wine, when their volume increased by 61% to X litres. Over the period under review, imports continue to indicate a measured increase. The most prominent rate of growth was recorded in 2018 with an increase of 101%. Imports peaked at X litres in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, wine imports surged to $X in 2021. In general, imports continue to indicate modest growth. The pace of growth was the most pronounced in 2018 with an increase of 163%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the United Arab Emirates (X litres) constituted the largest wine supplier to Bangladesh, with a 31% share of total imports. Moreover, wine imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, South Africa (X litres), threefold. The third position in this ranking was held by Australia (X litres), with an 11% share.

From 2012 to 2021, the average annual growth rate of volume from the United Arab Emirates amounted to +22.0%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (+10.0% per year) and Australia (-1.0% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of wine to Bangladesh, comprising 25% of total imports. The second position in the ranking was held by Australia ($X), with a 7.8% share of total imports. It was followed by Poland, with a 7.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United Arab Emirates amounted to +16.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (-1.0% per year) and Poland (+94.7% per year).

Import Prices by Country

In 2021, the average wine import price amounted to $X per litre, picking up by 7.1% against the previous year. Overall, the import price, however, saw a noticeable descent. The most prominent rate of growth was recorded in 2018 an increase of 31% against the previous year. The import price peaked at $X per litre in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sri Lanka ($X per litre), while the price for South Africa ($X per litre) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+10.2%), 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 wine in the world?

The countries with the highest volumes of in 2021 were the United States, France and Italy, with a combined 39% share of global consumption.

What are the largest producers of wine in the world?

The countries with the highest volumes of in 2021 were Italy, France and the United States, with a combined 46% share of global production.

What are the leading suppliers of wine to Bangladesh?

In value terms, Italy constituted the largest supplier of wine to Bangladesh, comprising 40% of total imports. The second position in the ranking was occupied by the United Arab Emirates, with a 12% share of total imports. It was followed by South Africa, with a 9.6% share.

What is the average export price for wine in Bangladesh?

In 2021, the average wine export price amounted to $8.9 per litre, approximately reflecting the previous year.

What is the average import price for wine in Bangladesh?

The average wine import price stood at $4.5 per litre in 2021, surging by 28% against the previous year.

This report provides an in-depth analysis of the wine 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 564 - Wine

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