Bangladesh: Fruit And Berry Market 2024

Fruit And Berry Market Size in Bangladesh

The Bangladeshi fruit and berry market rose to $X in 2022, surging by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Fruit And Berry Production in Bangladesh

In value terms, fruit and berry production totaled $X in 2022 estimated in export price. Over the period under review, the total production indicated pronounced growth from 2012 to 2022: its value 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, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

In 2022, the average fruit and berry yield in Bangladesh rose markedly to X tons per ha, increasing by X% against 2021. The yield figure increased at an average annual rate of X% from 2012 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 2016 with an increase of X%. Over the period under review, the average fruit and berry yield attained the peak level at X tons per ha in 2017; however, from 2018 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The fruit and berry harvested area in Bangladesh reduced to X ha in 2022, which is down by X% against the previous year. The harvested area increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when the harvested area increased by X%. As a result, the harvested area reached the peak level of X ha, and then shrank in the following year.

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Fruit And Berry Exports

Exports from Bangladesh

In 2022, fruit and berry exports from Bangladesh shrank significantly to X tons, which is down by X% compared with 2021. Overall, exports, however, posted strong growth. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, fruit and berry exports reduced rapidly to $X in 2022. In general, exports, however, enjoyed resilient growth. The pace of growth appeared the most rapid in 2021 when exports increased by X%. As a result, the exports reached the peak of $X, and then declined dramatically in the following year.

Exports by Country

The UK (X tons), the United Arab Emirates (X tons) and Qatar (X tons) were the main destinations of fruit and berry exports from Bangladesh, with a combined X% share of total exports. Kuwait, Saudi Arabia, Singapore, Italy, France, Bahrain, Oman, Sweden and Canada lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Oman (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the UK ($X) remains the key foreign market for fruits and berries exports from Bangladesh, comprising X% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a X% share of total exports. It was followed by Kuwait, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the UK stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Kuwait (X% per year).

Export Prices by Country

In 2022, the average fruit and berry export price amounted to $X per ton, falling by X% against the previous year. In general, export price indicated modest 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, fruit and berry export price increased by X% against 2018 indices. The growth pace was the most rapid in 2020 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2021, and then fell in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Singapore ($X 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 Sweden (X%), while the prices for the other major destinations experienced more modest paces of growth.

Fruit And Berry Imports

Imports into Bangladesh

In 2022, after three years of growth, there was significant decline in overseas purchases of fruits and berries, when their volume decreased by X% to X tons. In general, imports, however, recorded a strong increase. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2021, and then shrank in the following year.

In value terms, fruit and berry imports declined to $X in 2022. Overall, imports, however, continue to indicate a resilient expansion. The pace of growth appeared the most rapid in 2014 when imports increased by X%. Imports peaked at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), India (X tons) and South Africa (X tons) were the main suppliers of fruit and berry imports to Bangladesh, together comprising X% of total imports.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of fruits and berries to Bangladesh, comprising X% of total imports. The second position in the ranking was taken by India ($X), with an X% share of total imports. It was followed by South Africa, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and South Africa (X% per year).

Import Prices by Country

In 2022, the average fruit and berry import price amounted to $X per ton, rising by X% against the previous year. Overall, import price indicated a remarkable increase 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, fruit and berry import price decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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