Bangladesh: Market for Non-Alcoholic Beverages, Not Containing Milk 2024

Market Size for Non-Alcoholic Beverages, Not Containing Milk in Bangladesh

The Bangladeshi market for non-alcoholic beverages, not containing milk stood at $X in 2022, remaining stable against the previous year. Over the period under review, the total consumption indicated a resilient increase 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, consumption decreased by X% against 2020 indices. Over the period under review, the market reached the peak level at $X in 2020; afterwards, it flattened through to 2022.

Production of Non-Alcoholic Beverages, Not Containing Milk in Bangladesh

In value terms, non-alcoholic beverage, not containing milk production amounted to $X in 2022 estimated in export price. Overall, the total production indicated strong 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 pace of growth was the most pronounced in 2013 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

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Exports of Non-Alcoholic Beverages, Not Containing Milk

Exports from Bangladesh

In 2022, the amount of non-alcoholic beverages, not containing milk exported from Bangladesh fell slightly to X litres, which is down by X% on the year before. In general, exports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2016 when exports increased by X%. The exports peaked at X litres in 2021, and then declined slightly in the following year.

In value terms, non-alcoholic beverage, not containing milk exports dropped slightly to $X in 2022. Overall, exports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2016 with an increase of X%. Over the period under review, the exports reached the peak figure at $X in 2021, and then shrank in the following year.

Exports by Country

India (X litres) was the main destination for non-alcoholic beverage, not containing milk exports from Bangladesh, with a X% share of total exports. Moreover, non-alcoholic beverage, not containing milk exports to India exceeded the volume sent to the second major destination, the Philippines (X litres), sevenfold. The third position in this ranking was held by the United Arab Emirates (X litres), with a X% share.

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

In value terms, India ($X) remains the key foreign market for non-alcoholic beverages, not containing milk exports from Bangladesh, comprising X% of total exports. The second position in the ranking was held by the Philippines ($X), with a X% share of total exports. It was followed by the United Arab Emirates, with a X% share.

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

Export Prices by Country

In 2022, the average export price for non-alcoholic beverages, not containing milk amounted to $X per litre, with an increase of X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2017 when the average export price increased by X%. The export price peaked at $X per litre in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Philippines ($X per litre), while the average price for exports to the United Arab Emirates ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Alcoholic Beverages, Not Containing Milk

Imports into Bangladesh

In 2022, after three years of decline, there was significant growth in purchases abroad of non-alcoholic beverages, not containing milk, when their volume increased by X% to X litres. In general, imports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X litres in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, non-alcoholic beverage, not containing milk imports skyrocketed to $X in 2022. Over the period under review, imports saw a buoyant increase. The pace of growth appeared the most rapid in 2014 when imports increased by X%. Imports peaked at $X in 2016; however, from 2017 to 2022, imports remained at a lower figure.

Imports by Country

Malaysia (X litres), South Korea (X litres) and Cyprus (X litres) were the main suppliers of non-alcoholic beverage, not containing milk imports to Bangladesh, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Malaysia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest non-alcoholic beverage, not containing milk suppliers to Bangladesh were Singapore ($X), South Korea ($X) and Malaysia ($X), together comprising X% of total imports.

Malaysia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for non-alcoholic beverages, not containing milk amounted to $X per litre, declining by X% against the previous year. Overall, the import price, however, recorded a resilient increase. The growth pace was the most rapid in 2018 an increase of X% against the previous year. As a result, import price attained the peak level of $X per litre. From 2019 to 2022, the average import prices remained 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 the United States ($X per litre), while the price for Cyprus ($X per litre) was amongst the lowest.

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

Source: IndexBox Platform

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