Report Update Nov 1, 2024

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

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Bangladesh: Yams Market 2024

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

Frequently Asked Questions (FAQ) :

What are the largest markets for yams in the world?

The country with the largest volume of yams consumption was Nigeria, accounting for 67% of total volume. Moreover, yams consumption in Nigeria exceeded the figures recorded by the second-largest consumer, Ghana, sixfold. The third position in this ranking was occupied by Cote d'Ivoire, with a 10% share.

What are the largest producers of yams in the world?

Nigeria constituted the country with the largest volume of yams production, accounting for 67% of total volume. Moreover, yams production in Nigeria exceeded the figures recorded by the second-largest producer, Ghana, sixfold. The third position in this ranking was occupied by Cote d'Ivoire, with a 10% share.

What are the leading suppliers of yams to Bangladesh?

In value terms, Brazil constituted the largest supplier of yams to Bangladesh.

What are the leading importers of yams from Bangladesh?

In value terms, Singapore, France and Malaysia appeared to be the largest markets for yams exported from Bangladesh worldwide, together comprising 96% of total exports.

What is the average export price for yams in Bangladesh?

In 2020, the average yams export price amounted to $1,010 per ton, growing by 28% against the previous year.

What is the average import price for yams in Bangladesh?

In 2020, the average yams import price amounted to $829 per ton, remaining constant against the previous year.

This report provides an in-depth analysis of the yams 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 137 - Yams

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:

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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
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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 2012–2023
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. 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, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023