Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Bangladesh - 2022
Contents:
- Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Bangladesh (FOB) - 2022
- Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Bangladesh (CIF) - 2022
- Exports of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Bangladesh
- Imports of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Bangladesh
Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Bangladesh (FOB) - 2022
In 2022, the average export price for vegetables; potatoes (other than seed), fresh or chilleds amounted to $251 per ton, falling by -16.2% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the average export price increased by 21% against the previous year. Over the period under review, the average export prices hit record highs at $299 per ton in 2021, and then reduced sharply in the following year.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($273 per ton), while the average price for exports to Nepal ($140 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 Russia (+5.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Bangladesh (CIF) - 2022
In 2022, the average import price for vegetables; potatoes (other than seed), fresh or chilleds amounted to $498 per ton, growing by 10% against the previous year. Over the period under review, the import price recorded strong growth. The pace of growth was the most pronounced in 2013 when the average import price increased by 175%. The import price peaked at $514 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($612 per ton), while the price for Brazil totaled $400 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+12.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Bangladesh
For the fourth year in a row, Bangladesh recorded growth in shipments abroad of vegetables; potatoes (other than seed), fresh or chilleds, which increased by 24% to 105K tons in 2022. Over the period under review, exports posted significant growth. The growth pace was the most rapid in 2020 when exports increased by 51%. The exports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, exports of vegetables; potatoes (other than seed), fresh or chilleds expanded modestly to $26M in 2022. In general, exports saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 72%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
Export of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Bangladesh (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Malaysia | 6.7 | 9.2 | 8.4 | 8.3 | 7.4% |
Sri Lanka | 0.7 | 0.7 | 4.4 | 4.2 | 81.7% |
Nepal | 0.3 | 4.6 | 1.3 | 2.0 | 88.2% |
Singapore | 0.6 | 0.9 | 0.8 | 0.9 | 14.5% |
United Arab Emirates | 0.3 | 0.4 | 0.7 | 0.7 | 32.6% |
Others | 0.7 | 0.3 | 10.0 | 10.4 | 145.8% |
Total | 9.3 | 16.1 | 25.5 | 26.4 | 41.6% |
Top Export Markets for Vegetables; Potatoes (Other than Seed), Fresh or Chilled from Bangladesh in 2022:
- Malaysia (30.4K tons)
- Sri Lanka (18.6K tons)
- Nepal (14.4K tons)
- Singapore (3.4K tons)
- United Arab Emirates (3.0K tons)
Imports of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Bangladesh
In 2022, purchases abroad of vegetables; potatoes (other than seed), fresh or chilleds decreased by -99.6% to 4 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports showed a deep contraction. The growth pace was the most rapid in 2020 when imports increased by 3,985%.
In value terms, imports of vegetables; potatoes (other than seed), fresh or chilleds contracted significantly to $2K in 2022. Over the period under review, imports, however, saw a pronounced expansion. The pace of growth was the most pronounced in 2020 with an increase of 4,074% against the previous year.
Import of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Bangladesh (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | N/A | N/A | N/A | 1.1 | 0% |
Brazil | N/A | N/A | N/A | 0.9 | 0% |
Germany | N/A | N/A | 191 | N/A | 0% |
Egypt | N/A | 75.4 | N/A | N/A | 0% |
Netherlands | N/A | N/A | 13.3 | N/A | 0% |
Others | 1.9 | 2.0 | 205 | N/A | 938.7% |
Total | 1.9 | 77.4 | 409 | 2.0 | 1.7% |
Top Suppliers of Vegetables; Potatoes (Other than Seed), Fresh or Chilled to Bangladesh in 2022:
- Brazil (2.2 tons)
- China (1.8 tons)
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