Bangladesh: Papaya Market 2024

Papaya Market Size in Bangladesh

The Bangladeshi papaya market expanded modestly to $X in 2022, growing by X% against the previous year. Over the period under review, consumption, however, saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Papaya Production in Bangladesh

In value terms, papaya production amounted to $X in 2022 estimated in export price. In general, production, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

The average yield of papayas in Bangladesh fell to X tons per ha in 2022, with a decrease of X% against 2021. Overall, the yield saw a noticeable downturn. The pace of growth appeared the most rapid in 2019 when the yield increased by X% against the previous year. As a result, the yield attained the peak level of X tons per ha. From 2020 to 2022, the growth of the average papaya yield remained 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, approx. X ha of papayas were harvested in Bangladesh; with an increase of X% on 2021. In general, the total harvested area indicated tangible growth from 2012 to 2022: its figure 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, papaya harvested area decreased by X% against 2020 indices. The growth pace was the most rapid in 2020 when the harvested area increased by X%. As a result, the harvested area attained the peak level of X ha. From 2021 to 2022, the growth of the papaya harvested area remained at a somewhat lower figure.

Papaya Exports

Exports from Bangladesh

In 2022, shipments abroad of papayas was finally on the rise to reach X tons after three years of decline. In general, exports, however, faced a abrupt descent. The most prominent rate of growth was recorded in 2015 when exports increased by X%. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, papaya exports amounted to $X in 2022. Overall, exports, however, recorded a deep setback. The most prominent rate of growth was recorded in 2015 when exports increased by X%. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

The UK (X tons), Kuwait (X tons) and Ireland (X tons) were the main destinations of papaya exports from Bangladesh, with a combined X% share of total exports.

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

In value terms, the largest markets for papaya exported from Bangladesh were the UK ($X), Ireland ($X) and Kuwait ($X), together accounting for X% of total exports.

Ireland, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average papaya export price stood at $X per ton in 2022, declining by X% against the previous year. Over the period under review, export price indicated strong 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, papaya export price increased by X% against 2016 indices. The pace of growth was the most pronounced in 2013 an increase of X%. Over the period under review, the average export prices attained the maximum at $X per ton in 2021, and then dropped in the following year.

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

Papaya Imports

Imports into Bangladesh

In 2022, papaya imports into Bangladesh declined sharply to X tons, waning by X% against the year before. Overall, imports, however, showed a strong increase. The pace of growth appeared the most rapid in 2014 when imports increased by X%. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, papaya imports dropped sharply to $X in 2022. Over the period under review, imports, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2014 when imports increased by X%. 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

India (X tons) and Thailand (X tons) were the main suppliers of papaya imports to Bangladesh.

From 2012 to 2022, the biggest increases were recorded for Thailand (with a CAGR of X%).

In value terms, Thailand ($X) constituted the largest supplier of papayas to Bangladesh, comprising X% of total imports. The second position in the ranking was taken by India ($X), with a X% share of total imports.

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

Import Prices by Country

The average papaya import price stood at $X per ton in 2022, picking up by X% against the previous year. In general, the import price, however, showed a deep setback. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2018 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 Thailand ($X per ton), while the price for India totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (X%).

Source: IndexBox Platform

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