Bangladesh - Whole Fresh Milk - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Bangladesh - Whole Fresh Milk - Market Analysis, Forecast, Size, Trends and Insights

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Whole Fresh Milk Price in Bangladesh - 2022

Contents:

  1. Whole Fresh Milk Price in Bangladesh (FOB) - 2022
  2. Whole Fresh Milk Price in Bangladesh (CIF) - 2022
  3. Whole Fresh Milk Exports in Bangladesh
  4. Whole Fresh Milk Imports in Bangladesh

Whole Fresh Milk Price in Bangladesh (FOB) - 2022

The average whole fresh milk export price stood at $650 per ton in 2022, waning by -2.8% against the previous year. In general, export price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, whole fresh milk export price increased by +84.1% against 2016 indices. The pace of growth was the most pronounced in 2017 when the average export price increased by 37%. Over the period under review, the average export prices reached the maximum at $669 per ton in 2021, and then fell slightly in the following year.

As there is only one major export destination, the average price level is determined by prices for Brunei Darussalam.

From 2012 to 2022, the rate of growth in terms of prices for Brunei Darussalam amounted to +4.1% per year.

Whole Fresh Milk Price in Bangladesh (CIF) - 2022

The average whole fresh milk import price stood at $1,819 per ton in 2022, rising by 72% against the previous year. Overall, the import price saw strong growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($8,165 per ton), while the price for Australia ($631 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+11.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Whole Fresh Milk Exports in Bangladesh

In 2022, overseas shipments of whole fresh milk decreased by -13.2% to 12K tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 417% against the previous year.

In value terms, whole fresh milk exports reduced remarkably to $7.7M in 2022. Over the period under review, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 462% against the previous year.

Export of Whole Fresh Milk in Bangladesh (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brunei Darussalam1.04.0N/AN/A300.0%
GermanyN/A2.2N/AN/A0%
Mauritania0.2N/AN/AN/A0%
OthersN/AN/A9.17.7-15.4%
Total1.16.39.17.791.3%

Top Export Markets for Whole Fresh Milk from Bangladesh in 2022:

    Whole Fresh Milk Imports in Bangladesh

    In 2022, the amount of whole fresh milk imported into Bangladesh skyrocketed to 361 tons, with an increase of 38% compared with 2021. Over the period under review, imports, however, continue to indicate a pronounced descent. The pace of growth was the most pronounced in 2020 when imports increased by 120%. As a result, imports attained the peak of 922 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

    In value terms, whole fresh milk imports soared to $656K in 2022. In general, imports showed strong growth. The most prominent rate of growth was recorded in 2020 when imports increased by 169%. As a result, imports attained the peak of $1M. From 2021 to 2022, the growth of imports failed to regain momentum.

    Import of Whole Fresh Milk in Bangladesh (Thousand USD)
    COUNTRY2019202020212022CAGR,
    2019-2022
    United Arab Emirates92.016420.028044.9%
    Singapore69.524345.164.9-2.3%
    Denmark28.413229.241.213.2%
    Malaysia16.980.024.433.025.0%
    Germany29.079.923.429.40.5%
    Australia22.056.415.220.5-2.3%
    New Zealand16.455.611.215.4-2.1%
    China11.331.89.512.63.7%
    Belgium22.6N/AN/AN/A0%
    Others76.719398.915927.5%
    Total3851,03627765619.4%

    Top Suppliers of Whole Fresh Milk to Bangladesh in 2022:

    1. Singapore (60.7 tons)
    2. Denmark (34.4 tons)
    3. United Arab Emirates (34.3 tons)
    4. Australia (32.4 tons)
    5. Germany (22.4 tons)
    6. New Zealand (14.6 tons)
    7. China (14.5 tons)
    8. Malaysia (13.4 tons)

    Source: IndexBox Market Intelligence Platform

    This report provides an in-depth analysis of the whole fresh milk market 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 1130 - Camel milk
    • FCL 882 - Cow milk, whole (fresh)
    • FCL 1020 - Goat milk
    • FCL 982 - Sheep milk
    • FCL 951 - Buffalo milk

    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. COUNTRIES WITH TOP YIELDS
      4. TOP EXPORTING COUNTRIES
      5. 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, PRODUCING ANIMALS AND YIELD
    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. Yield And Growth
      16. Exports And Growth
      17. Export Prices And Growth
      18. Market Size And Growth
      19. Per Capita Consumption
      20. Imports And Growth
      21. Import Prices
      22. Production, In Physical Terms, 2012–2023
      23. Production, In Value Terms, 2012–2023
      24. Producing Animals Slaughtered, 2012–2023
      25. Yield, 2012–2023
      26. Imports, In Physical Terms, 2012–2023
      27. Imports, In Value Terms, 2012–2023
      28. Imports, In Physical Terms, By Country, 2023
      29. Imports, In Physical Terms, By Country, 2012–2023
      30. Imports, In Value Terms, By Country, 2012–2023
      31. Import Prices, By Country Of Origin, 2012–2023
      32. Exports, In Physical Terms, 2012–2023
      33. Exports, In Value Terms, 2012–2023
      34. Exports, In Physical Terms, By Country, 2023
      35. Exports, In Physical Terms, By Country, 2012–2023
      36. Exports, In Value Terms, By Country, 2012–2023
      37. Export Prices, By Country Of Destination, 2012–2023
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