Bangladesh: Grapefruit Market 2024

Grapefruit Market Size in Bangladesh

The Bangladeshi grapefruit market was estimated at $X in 2022, increasing 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 throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Grapefruit Production in Bangladesh

In value terms, grapefruit production rose slightly to $X in 2022 estimated in export price. Over the period under review, the total production indicated perceptible 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 increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

In 2022, the average yield of grapefruits in Bangladesh totaled X tons per ha, increasing by X% compared with the year before. In general, the yield, however, showed a noticeable curtailment. The most prominent rate of growth was recorded in 2016 when the yield increased by X%. Over the period under review, the average grapefruit yield hit record highs at X tons per ha in 2013; however, from 2014 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.

In 2022, the total area harvested in terms of grapefruits production in Bangladesh totaled X ha, approximately equating 2021 figures. Overall, the harvested area posted a prominent expansion. The most prominent rate of growth was recorded in 2019 when the harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to grapefruit production reached the maximum at X ha in 2020; afterwards, it flattened through to 2022.

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Grapefruit Exports

Exports from Bangladesh

In 2022, approx. X tons of grapefruits were exported from Bangladesh; declining by X% against the previous year's figure. In general, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2021, and then declined notably in the following year.

In value terms, grapefruit exports reduced sharply to $X in 2022. Over the period under review, exports, however, recorded a significant increase. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. The exports peaked at $X in 2021, and then shrank sharply in the following year.

Exports by Country

Saudi Arabia (X tons) and Qatar (X tons) were the main destinations of grapefruit exports from Bangladesh.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Qatar (with a CAGR of X%).

In value terms, the largest markets for grapefruit exported from Bangladesh were Saudi Arabia ($X) and Qatar ($X).

Qatar, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review.

Export Prices by Country

In 2022, the average grapefruit export price amounted to $X per ton, rising by X% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2019 to 2022, the average export prices remained at a lower figure.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Qatar ($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 Qatar (X%).

Grapefruit Imports

Imports into Bangladesh

Grapefruit imports into Bangladesh contracted to X tons in 2022, reducing by X% against 2021 figures. In general, imports, however, showed strong growth. The most prominent rate of growth was recorded in 2017 when imports increased by X%. As a result, imports attained the peak of X tons. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, grapefruit imports reduced to $X in 2022. Over the period under review, imports, however, enjoyed resilient growth. The pace of growth was the most pronounced in 2017 with an increase of X%. Imports peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of grapefruit to Bangladesh, with a X% share of total imports. Moreover, grapefruit imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), eightfold.

From 2012 to 2022, the average annual growth rate of volume from China amounted to X%.

In value terms, China ($X) constituted the largest supplier of grapefruits to Bangladesh, comprising X% of total imports. The second position in the ranking was held by India ($X), with an X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at X%.

Import Prices by Country

The average grapefruit import price stood at $X per ton in 2022, with an increase of X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. The import price peaked at $X per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($X per ton), while the price for China totaled $X per ton.

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

Source: IndexBox Platform

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