Bangladesh - Wheat and Meslin Flour - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Bangladesh - Wheat and Meslin Flour - Market Analysis, Forecast, Size, Trends And Insights

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Price for Wheat and Meslin Flour in Bangladesh - 2022

Contents:

  1. Price for Wheat and Meslin Flour in Bangladesh (CIF) - 2022
  2. Price for Wheat and Meslin Flour in Bangladesh (FOB) - 2022
  3. Imports of Wheat and Meslin Flour in Bangladesh
  4. Exports of Wheat and Meslin Flour in Bangladesh

Price for Wheat and Meslin Flour in Bangladesh (CIF) - 2022

In 2022, the average wheat and meslin flour import price amounted to $474 per ton, with an increase of 2.3% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average import price increased by 45% against the previous year. The import price peaked at $662 per ton in 2014; however, from 2015 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 Singapore ($810 per ton), while the price for Malaysia ($34 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+390.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Wheat and Meslin Flour in Bangladesh (FOB) - 2022

The average wheat and meslin flour export price stood at $662 per ton in 2022, remaining stable against the previous year. In general, export price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, wheat and meslin flour export price increased by +26.6% against 2018 indices. The most prominent rate of growth was recorded in 2016 when the average export price increased by 34%. As a result, the export price attained the peak level of $702 per ton. From 2017 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($1,340 per ton), while the average price for exports to the United Arab Emirates ($271 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 Japan (+20.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wheat and Meslin Flour in Bangladesh

In 2022, wheat and meslin flour imports into Bangladesh amounted to 2.1K tons, with an increase of 1.9% on 2021. In general, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +18.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -10.8% against 2020 indices. The growth pace was the most rapid in 2020 when imports increased by 85%. As a result, imports attained the peak of 2.3K tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, wheat and meslin flour imports reached $986K in 2022. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -3.9% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by 83%. As a result, imports reached the peak of $1M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Wheat and Meslin Flour in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore17750857687670.4%
Cyprus25234123635.8-47.8%
Malaysia34.662.644.722.6-13.2%
India14.33.19.08.1-17.3%
Others81.411181.144.2-18.4%
Total5601,02694698620.8%

Top Suppliers of Wheat and Meslin Flour to Bangladesh in 2022:

  1. Singapore (1081.4 tons)
  2. Malaysia (655.1 tons)
  3. Cyprus (242.6 tons)
  4. India (35.5 tons)

Exports of Wheat and Meslin Flour in Bangladesh

In 2022, approx. 306 tons of wheat and meslin flour were exported from Bangladesh; increasing by 18% on 2021 figures. The total export volume increased at an average annual rate of +5.8% 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 2020 when exports increased by 42% against the previous year. As a result, the exports attained the peak of 365 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, wheat and meslin flour exports surged to $203K in 2022. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +9.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -13.9% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 53%. As a result, the exports attained the peak of $235K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Wheat and Meslin Flour in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sri LankaN/AN/AN/A1130%
United States10215050.145.1-23.8%
Singapore2.724.956.328.2118.6%
United Arab Emirates27.217.815.15.8-40.3%
Japan19.727.244.04.2-40.3%
Others2.215.14.46.241.3%
Total1532351702039.9%

Top Export Markets for Wheat and Meslin Flour from Bangladesh in 2022:

  1. Sri Lanka (194.0 tons)
  2. Singapore (45.6 tons)
  3. United States (33.7 tons)
  4. United Arab Emirates (21.4 tons)
  5. Japan (3.9 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for wheat and meslin flour 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 16 - Flour of Wheat

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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