Bangladesh: Blueberry And Cranberry Market 2024

Blueberry And Cranberry Market Size in Bangladesh

In 2022, the Bangladeshi blueberry and cranberry market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. In general, consumption recorded a mild decrease. Blueberry and cranberry consumption peaked at $X in 2021, and then reduced in the following year.

Blueberry And Cranberry Production in Bangladesh

In value terms, blueberry and cranberry production fell to $X in 2022 estimated in export price. Overall, production showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

In 2022, the average yield of blueberries and cranberries in Bangladesh was estimated at less than X kg per ha, therefore, remained relatively stable against the previous year's figure. In general, the yield showed a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of blueberries and cranberries production in Bangladesh was estimated at less than X ha, approximately equating the previous year's figure. Overall, the harvested area recorded a relatively flat trend pattern.

Blueberry And Cranberry Exports

Exports from Bangladesh

In 2022, after two years of decline, there was significant growth in shipments abroad of blueberries and cranberries, when their volume increased by X% to X tons. Overall, exports showed a significant expansion. The most prominent rate of growth was recorded in 2017 with an increase of X%. As a result, the exports reached the peak of X tons. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, blueberry and cranberry exports surged to $X in 2022. Over the period under review, exports showed prominent growth. The most prominent rate of growth was recorded in 2017 when exports increased by X%. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Saudi Arabia (X tons) was the main destination for blueberry and cranberry exports from Bangladesh, accounting for a X% share of total exports. Moreover, blueberry and cranberry exports to Saudi Arabia exceeded the volume sent to the second major destination, Canada (X tons), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Saudi Arabia stood at X%.

In value terms, Saudi Arabia ($X) and Canada ($X) appeared to be the largest markets for blueberry and cranberry exported from Bangladesh worldwide.

Saudi Arabia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

In 2022, the average blueberry and cranberry export price amounted to $X per ton, flattening at the previous year. Overall, the export price showed a slight shrinkage. The pace of growth appeared the most rapid in 2017 an increase of X%. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

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 Canada ($X per ton), while the average price for exports to Saudi Arabia totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (X%), while the prices for the other major destinations experienced mixed trend patterns.

Blueberry And Cranberry Imports

Imports into Bangladesh

In 2022, supplies from abroad of blueberries and cranberries decreased by X% to X kg, falling for the second year in a row after three years of growth. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when imports increased by X%. As a result, imports reached the peak of X kg. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, blueberry and cranberry imports reduced slightly to $X in 2022. Overall, imports, however, saw a resilient increase. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Thailand (X kg) constituted the largest supplier of blueberry and cranberry to Bangladesh, accounting for a X% share of total imports. Moreover, blueberry and cranberry imports from Thailand exceeded the figures recorded by the second-largest supplier, the Netherlands (X kg), fivefold. Canada (X kg) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Thailand totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and Canada (X% per year).

In value terms, the largest blueberry and cranberry suppliers to Bangladesh were Canada ($X), Thailand ($X) and the Netherlands ($X), with a combined X% share of total imports.

Among the main suppliers, the Netherlands, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average blueberry and cranberry import price amounted to $X per ton, rising by X% against the previous year. In general, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, blueberry and cranberry import price increased by X% against 2020 indices. The growth pace was the most rapid in 2013 when the average import price increased by X%. The import price peaked at $X per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

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 Canada ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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