Non-Liquid Margarine Price in Bangladesh - 2022
Contents:
- Non-Liquid Margarine Price in Bangladesh (CIF) - 2022
- Non-Liquid Margarine Price in Bangladesh (FOB) - 2022
- Non-Liquid Margarine Imports in Bangladesh
- Non-Liquid Margarine Exports in Bangladesh
Non-Liquid Margarine Price in Bangladesh (CIF) - 2022
In 2022, the average non-liquid margarine import price amounted to $1,023 per ton, remaining constant against the previous year. Over the period under review, the import price recorded a perceptible decline. The pace of growth appeared the most rapid in 2020 an increase of 8.3% against the previous year. Over the period under review, average import prices attained the peak figure at $1,331 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($1,326 per ton), while the price for Sri Lanka ($549 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 (+2.2%), while the prices for the other major suppliers experienced a decline.
Non-Liquid Margarine Price in Bangladesh (FOB) - 2022
In 2022, the average non-liquid margarine export price amounted to $2,676 per ton, remaining constant against the previous year. Overall, the export price, however, enjoyed resilient growth. The pace of growth appeared the most rapid in 2017 an increase of 69% against the previous year. Over the period under review, the average export prices hit record highs at $2,869 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($6,227 per ton), while the average price for exports to Qatar totaled $221 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+12.0%), while the prices for the other major destinations experienced a decline.
Non-Liquid Margarine Imports in Bangladesh
In 2022, non-liquid margarine imports into Bangladesh fell to 4K tons, declining by -6.8% against 2021 figures. The total import volume increased at an average annual rate of +1.0% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 16% against the previous year. As a result, imports attained the peak of 4.3K tons, and then reduced in the following year.
In value terms, non-liquid margarine imports contracted to $4.1M in 2022. The total import value increased at an average annual rate of +3.7% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 16%. As a result, imports reached the peak of $4.4M, and then dropped in the following year.
| Import of Non-Liquid Margarine in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 1,806 | 2,355 | 3,084 | 3,100 | 19.7% |
| Indonesia | 316 | 350 | 388 | 392 | 7.4% |
| Singapore | 288 | 234 | 206 | 230 | -7.2% |
| Italy | 168 | 181 | 139 | 152 | -3.3% |
| United Arab Emirates | 999 | 592 | 532 | 135 | -48.7% |
| Sri Lanka | 46.6 | 50.9 | 39.8 | 44.1 | -1.8% |
| Others | 61.9 | 49.8 | 30.1 | 62.1 | 0.1% |
| Total | 3,686 | 3,813 | 4,419 | 4,116 | 3.7% |
Top Suppliers of Non-Liquid Margarine to Bangladesh in 2022:
- Malaysia (2863.2 tons)
- Indonesia (537.0 tons)
- Italy (216.8 tons)
- Singapore (174.6 tons)
- United Arab Emirates (101.8 tons)
- Sri Lanka (80.3 tons)
Non-Liquid Margarine Exports in Bangladesh
Non-liquid margarine exports from Bangladesh contracted dramatically to 11 tons in 2022, with a decrease of -30% on the previous year's figure. Overall, exports, however, saw a noticeable increase. The pace of growth was the most pronounced in 2021 when exports increased by 150% against the previous year. As a result, the exports reached the peak of 16 tons, and then declined sharply in the following year.
In value terms, non-liquid margarine exports dropped notably to $30K in 2022. Over the period under review, exports, however, continue to indicate a modest expansion. The growth pace was the most rapid in 2021 when exports increased by 161%. As a result, the exports attained the peak of $43K, and then reduced rapidly in the following year.
| Export of Non-Liquid Margarine in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 26.5 | 14.7 | 36.4 | 28.4 | 2.3% |
| Qatar | 2.1 | 1.8 | 2.0 | 1.5 | -10.6% |
| Germany | N/A | N/A | 4.8 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 28.6 | 16.6 | 43.2 | 29.9 | 1.5% |
Top Export Markets for Non-Liquid Margarine from Bangladesh in 2022:
- Qatar (6.6 tons)
- Saudi Arabia (4.6 tons)
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