Bangladesh - Avocados - Market Analysis, Forecast, Size, Trends and Insights
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View PricingAvocado Price in Bangladesh - 2022
Contents:
- Avocado Price in Bangladesh (CIF) - 2022
- Avocado Price in Bangladesh (FOB) - 2022
- Avocado Imports in Bangladesh
- Avocado Exports in Bangladesh
Avocado Price in Bangladesh (CIF) - 2022
The average avocado import price stood at $1,239 per ton in 2022, falling by -7.9% against the previous year. Over the period under review, the import price showed a slight curtailment. The pace of growth appeared the most rapid in 2019 an increase of 42%. The import price peaked at $1,430 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($4,276 per ton), while the price for India ($588 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (-3.0%), while the prices for the other major suppliers experienced a decline.
Avocado Price in Bangladesh (FOB) - 2022
In 2022, the average avocado export price amounted to $1,132 per ton, falling by -49.2% against the previous year. Overall, the export price saw a abrupt decrease. The growth pace was the most rapid in 2015 an increase of 45%. As a result, the export price attained the peak level of $3,834 per ton. From 2016 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($1,221 per ton), while the average price for exports to South Africa amounted to $341 per ton.
From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (-19.6%).
Avocado Imports in Bangladesh
In 2022, approx. 36 tons of avocados were imported into Bangladesh; waning by -24.9% compared with the year before. In general, imports, however, posted a strong expansion. The pace of growth was the most pronounced in 2021 with an increase of 122% against the previous year. As a result, imports attained the peak of 48 tons, and then contracted dramatically in the following year.
In value terms, avocado imports fell dramatically to $45K in 2022. Overall, imports, however, saw buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of 161% against the previous year. As a result, imports attained the peak of $65K, and then declined markedly in the following year.
| Import of Avocado in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 6.2 | 3.5 | 11.7 | 15.8 | 36.6% |
| Netherlands | 1.1 | 2.2 | 8.5 | 10.1 | 109.4% |
| United Arab Emirates | 18.3 | 16.0 | 13.5 | 9.2 | -20.5% |
| Kenya | 0.3 | 3.0 | 15.1 | 4.7 | 150.2% |
| Thailand | 0.7 | 0.2 | 0.8 | 4.0 | 78.8% |
| India | N/A | N/A | N/A | 1.1 | 0% |
| Indonesia | N/A | N/A | 15.5 | N/A | 0% |
| Others | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Total | 26.5 | 24.9 | 65.1 | 45.0 | 19.3% |
Top Suppliers of Avocado to Bangladesh in 2022:
- Netherlands (11.9 tons)
- United Arab Emirates (8.7 tons)
- Thailand (6.2 tons)
- Australia (3.7 tons)
- Kenya (3.7 tons)
- India (1.9 tons)
Avocado Exports in Bangladesh
In 2022, the amount of avocados exported from Bangladesh surged to 7.2 tons, increasing by 1,652% on the previous year's figure. Overall, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, avocado exports soared to $8.2K in 2022. Over the period under review, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Avocado in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Norway | N/A | 7.9 | 0% | ||
| South Africa | N/A | 0.2 | 0% | ||
| Bahrain | 0.9 | N/A | 0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 0.9 | 8.2 | 811.1% | ||
Top Export Markets for Avocado from Bangladesh in 2022:
- Norway (6.5 tons)
- South Africa (0.7 tons)
This report provides an in-depth analysis of the avocado 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 572 - Avocados
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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