Bangladesh: Yams Market 2025

Yams Market Size in Bangladesh

The Bangladeshi yams market surged to $X in 2022, with an increase of 33% against the previous year. In general, consumption, however, recorded a pronounced shrinkage. Over the period under review, the market reached the peak level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Yams Production in Bangladesh

In value terms, yams production rose remarkably to $X in 2022 estimated in export price. Overall, production showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 22%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

In 2022, the average yield of yams in Bangladesh stood at less than X kg per ha, therefore, remained relatively stable against the previous year. Overall, the yield continues to indicate a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of yams production in Bangladesh totaled less than X ha, stabilizing at 2021. Overall, the harvested area continues to indicate a relatively flat trend pattern.

Yams Exports

Exports from Bangladesh

Yams exports from Bangladesh reduced markedly to X tons in 2022, declining by -25.3% against the previous year's figure. Over the period under review, exports, however, posted a prominent increase. The growth pace was the most rapid in 2016 when exports increased by 256% against the previous year. As a result, the exports attained the peak of X tons. From 2017 to 2022, the growth of the exports failed to regain momentum.

In value terms, yams exports reduced to $X in 2022. In general, exports, however, recorded a temperate expansion. The growth pace was the most rapid in 2016 with an increase of 182% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Singapore (X tons) was the main destination for yams exports from Bangladesh, accounting for a 44% share of total exports. Moreover, yams exports to Singapore exceeded the volume sent to the second major destination, France (X tons), sixfold. The third position in this ranking was taken by Maldives (X tons), with a 2.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Singapore amounted to -1.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+16.3% per year) and Maldives (+52.2% per year).

In value terms, Singapore ($X) remains the key foreign market for yams exports from Bangladesh, comprising 35% of total exports. The second position in the ranking was held by France ($X), with a 17% share of total exports. It was followed by Maldives, with a 7.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Singapore amounted to -5.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+17.5% per year) and Maldives (+52.6% per year).

Export Prices by Country

The average yams export price stood at $X per ton in 2022, growing by 16% against the previous year. In general, the export price, however, recorded a perceptible setback. The pace of growth was the most pronounced in 2020 when the average export price increased by 30%. As a result, the export price reached the peak level of $X per ton. From 2021 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Maldives ($X per ton), while the average price for exports to Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+1.0%), while the prices for the other major destinations experienced mixed trend patterns.

Yams Imports

Imports into Bangladesh

In 2020, yams imports into Bangladesh amounted to X tons, standing approx. at the previous year's figure. Overall, imports continue to indicate a significant increase. The smallest decline of 99.9% was in 2017. Over the period under review, imports reached the maximum in 2020 and are likely to see steady growth in the immediate term.

In value terms, yams imports stood at $X in 2020. Over the period under review, imports showed significant growth. The smallest decline of 99.9% was in 2017. Imports peaked in 2020 and are expected to retain growth in years to come.

Imports by Country

In 2020, Brazil (X tons) was the main supplier of yams to Bangladesh, with a approx. 100% share of total imports.

From 2016 to 2020, the average annual growth rate of volume from Brazil was relatively modest.

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

From 2016 to 2020, the average annual growth rate of value from Brazil was relatively modest.

Import Prices by Country

In 2020, the average yams import price amounted to $X per ton, approximately reflecting the previous year. Over the period under review, the import price showed a abrupt descent. The growth pace was the most rapid in 2017 when the average import price decreased by 99.9%. Over the period under review, average import prices attained the maximum at $X per ton in 2016; however, from 2017 to 2020, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Brazil.

From 2016 to 2020, the rate of growth in terms of prices for Brazil amounted to 0.0% per year.

Source: IndexBox Platform

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