Preserved Sauerkraut Price in Bangladesh - 2022
Contents:
- Preserved Sauerkraut Price in Bangladesh (CIF) - 2022
- Preserved Sauerkraut Price in Bangladesh (FOB) - 2022
- Preserved Sauerkraut Imports in Bangladesh
- Preserved Sauerkraut Exports in Bangladesh
Preserved Sauerkraut Price in Bangladesh (CIF) - 2022
In 2022, the average preserved sauerkraut import price amounted to $3,083 per ton, surging by 14% against the previous year. In general, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +6.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, preserved sauerkraut import price increased by +95.8% against 2016 indices. The pace of growth appeared the most rapid in 2018 when the average import price increased by 54% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($10,017 per ton), while the price for Thailand ($1,323 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Preserved Sauerkraut Price in Bangladesh (FOB) - 2022
In 2022, the average preserved sauerkraut export price amounted to $2,644 per ton, rising by 44% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.7%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
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 the United States ($4,342 per ton), while the average price for exports to the United Arab Emirates ($384 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 Greece (+19.1%), while the prices for the other major destinations experienced more modest paces of growth.
Preserved Sauerkraut Imports in Bangladesh
In 2022, the amount of preserved sauerkraut imported into Bangladesh reached 499 tons, picking up by 9.9% compared with the year before. The total import volume increased at an average annual rate of +9.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 28%. Imports peaked in 2022 and are likely to continue growth in the near future.
In value terms, preserved sauerkraut imports skyrocketed to $1.5M in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +18.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +64.1% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 29%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
| Import of Preserved Sauerkraut in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 587 | 603 | 721 | 1,096 | 23.1% |
| France | 154 | 148 | 220 | 179 | 5.1% |
| Thailand | 20.2 | 18.9 | 4.4 | 18.1 | -3.6% |
| United Arab Emirates | 13.3 | 4.4 | 13.3 | 8.9 | -12.5% |
| Others | 164 | 173 | 266 | 238 | 13.2% |
| Total | 938 | 948 | 1,225 | 1,540 | 18.0% |
Top Suppliers of Preserved Sauerkraut to Bangladesh in 2022:
- China (417.0 tons)
- France (17.9 tons)
- Thailand (13.7 tons)
- United Arab Emirates (5.3 tons)
Preserved Sauerkraut Exports in Bangladesh
In 2022, preserved sauerkraut exports from Bangladesh declined significantly to 201 tons, waning by -50.4% against the year before. Overall, exports showed a deep slump. The most prominent rate of growth was recorded in 2021 when exports increased by 23%. As a result, the exports attained the peak of 406 tons, and then reduced dramatically in the following year.
In value terms, preserved sauerkraut exports declined significantly to $533K in 2022. Over the period under review, exports continue to indicate a drastic downturn. The growth pace was the most rapid in 2021 with an increase of 19%.
| Export of Preserved Sauerkraut in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 249 | 275 | 254 | 221 | -3.9% |
| Kuwait | 198 | 142 | 142 | 97.5 | -21.0% |
| United States | 40.5 | 36.2 | 80.3 | 66.6 | 18.0% |
| Italy | 21.0 | 54.3 | 54.3 | 30.1 | 12.7% |
| Greece | N/A | 7.7 | 26.0 | 21.2 | 65.9% |
| Canada | 1.2 | 8.5 | 32.9 | 12.3 | 117.2% |
| United Arab Emirates | N/A | 0.8 | 1.7 | 3.2 | 100.0% |
| Germany | 29.3 | 1.9 | 16.8 | 1.6 | -62.1% |
| Others | 324 | 102 | 138 | 79.3 | -37.4% |
| Total | 863 | 628 | 747 | 533 | -14.8% |
Top Export Markets for Preserved Sauerkraut from Bangladesh in 2022:
- United Kingdom (79.3 tons)
- Kuwait (39.9 tons)
- United States (15.3 tons)
- Italy (12.1 tons)
- Greece (9.5 tons)
- United Arab Emirates (8.2 tons)
- Canada (5.5 tons)
- Germany (0.5 tons)
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