Price for Fish Meal; Fit for Human Consumption in Bangladesh - 2022

Contents:

1. Price for Fish Meal; Fit for Human Consumption in Bangladesh (CIF) - 2022
2. Imports of Fish Meal; Fit for Human Consumption in Bangladesh

Price for Fish Meal; Fit for Human Consumption in Bangladesh (CIF) - 2022

The average import price for fish meal; fit for human consumptia stood at $6,120 per ton in 2022, rising by 64% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.9%. The import price peaked at $6,181 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Thailand amounted to +4.3% per year.

Imports of Fish Meal; Fit for Human Consumption in Bangladesh

Imports of fish meal; fit for human consumptia into Bangladesh fell markedly to 14 tons in 2022, which is down by -38.9% compared with the previous year. In general, imports continue to indicate a slight contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 59% against the previous year. As a result, imports reached the peak of 22 tons, and then reduced dramatically in the following year.

In value terms, imports of fish meal; fit for human consumptia totaled $84K in 2022. Overall, imports recorded a relatively flat trend pattern. The smallest decline of -1.1% was in 2020.

Top Suppliers of Fish Meal; Fit for Human Consumption to Bangladesh in 2022:

1. Thailand (13.7 tons)

Source: IndexBox Market Intelligence Platform