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Bangladesh - Peanut Butter And Prepared Or Preserved Groundnuts - Market Analysis, Forecast, Size, Trends And Insights
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Bangladesh: Peanut Butter Market Overview 2021

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Peanut Butter Market Size in Bangladesh

The Bangladeshi peanut butter market dropped to $X in 2020, declining by -X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 with an increase of X% year-to-year. As a result, consumption reached the peak level of $X. from 2019 to 2020, the growth of the market failed to regain the momentum.

Peanut Butter Production in Bangladesh

In value terms, peanut butter production dropped to $X in 2020 estimated in export prices. In general, the total production indicated a noticeable increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production decreased by -X% against 2018 indices. The pace of growth was the most pronounced in 2018 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. from 2019 to 2020, production growth failed to regain the momentum.

Peanut Butter Exports

Exports from Bangladesh

In 2020, overseas shipments of peanut butter and prepared or preserved groundnuts decreased by -X% to X tonnes, falling for the third year in a row after five years of growth. In general, exports, however, enjoyed buoyant growth. The pace of growth was the most pronounced in 2011 when exports increased by X% against the previous year. Exports peaked at X tonnes in 2017; however, from 2018 to 2020, exports remained at a lower figure.

In value terms, peanut butter exports reduced rapidly to $X in 2020. Overall, exports, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. As a result, exports attained the peak of $X. from 2018 to 2020, the growth exports failed to regain the momentum.

Exports by Country

Malaysia (X tonnes) was the main destination for peanut butter exports from Bangladesh, with a X% share of total exports. Moreover, peanut butter exports to Malaysia exceeded the volume sent to the second major destination, Bahrain (X tonnes), twofold. The UK (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Malaysia totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bahrain (+X% per year) and the UK (+X% per year).

In value terms, Malaysia ($X), the UK ($X) and Qatar ($X) appeared to be the largest markets for peanut butter exported from Bangladesh worldwide, with a combined X% share of total exports. Bahrain, Nepal, Portugal and the United Arab Emirates lagged somewhat behind, together accounting for a further X the main countries of destination, Nepal (+X% per year) saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average peanut butter export price amounted to $X per tonne, dropping by -X% against the previous year. Overall, the export price, however, posted a buoyant increase. The growth pace was the most rapid in 2009 when the average export price increased by X% y-o-y. The export price peaked at $X per tonne in 2018; however, from 2019 to 2020, export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was the UK ($X per tonne), while the average price for exports to the United Arab Emirates ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates, while the prices for the other major destinations experienced more modest paces of growth.

Peanut Butter Imports

Imports into Bangladesh

In 2020, imports of peanut butter and prepared or preserved groundnuts into Bangladesh expanded significantly to X tonnes, with an increase of X% compared with 2019. Overall, imports enjoyed a prominent increase. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. Imports peaked in 2020 and are likely to see steady growth in the near future.

In value terms, peanut butter imports totaled $X in 2020. In general, imports recorded significant growth. The growth pace was the most rapid in 2014 when imports increased by X% year-to-year. Imports peaked in 2020 and are expected to retain growth in the near future.

Imports by Country

India (X tonnes), Thailand (X tonnes) and the United Arab Emirates (X tonnes) were the main suppliers of peanut butter imports to Bangladesh, with a combined X% share of total imports. China, Singapore, Malaysia and Viet Nam lagged somewhat behind, together accounting for a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Malaysia, while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest peanut butter suppliers to Bangladesh were Thailand ($X), India ($X) and the United Arab Emirates ($X), with a combined X% share of total imports. These countries were followed by Singapore, China, Malaysia and Viet Nam, which together accounted for a further X recorded the highest growth rate of 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

The average peanut butter import price stood at $X per tonne in 2020, growing by X% against the previous year. Over the period under review, the import price recorded prominent growth. The most prominent rate of growth was recorded in 2015 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per tonne. from 2016 to 2020, the growth in terms of the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Singapore ($X per tonne), while the price for Malaysia ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Singapore, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for peanut butter and prepared or preserved groundnuts in the world?
+
The country with the largest volume of peanut butter consumption was China (974K tonnes), accounting for 19% of total volume. Moreover, peanut butter consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (389K tonnes), threefold. India (350K tonnes) ranked third in terms of total consumption with a 6.8% share.
What are the largest producers of peanut butter and prepared or preserved groundnuts in the world?
+
China (1.2M tonnes) constituted the country with the largest volume of peanut butter production, accounting for 24% of total volume. Moreover, peanut butter production in China exceeded the figures recorded by the second-largest producer, the U.S. (418K tonnes), threefold. The third position in this ranking was occupied by India (397K tonnes), with a 7.6% share.
What are the leading suppliers of peanut butter and prepared or preserved groundnuts to Bangladesh?
+
In value terms, the largest peanut butter suppliers to Bangladesh were Thailand ($178K), India ($143K) and the United Arab Emirates ($79K), with a combined 77% share of total imports. Singapore, China, Malaysia and Viet Nam lagged somewhat behind, together accounting for a further 19%.
What are the leading importers of peanut butter and prepared or preserved groundnuts from Bangladesh?
+
In value terms, the largest markets for peanut butter exported from Bangladesh were Malaysia ($7.6K), the UK ($6.2K) and Qatar ($3.6K), with a combined 61% share of total exports. Bahrain, Nepal, Portugal and the United Arab Emirates lagged somewhat behind, together accounting for a further 28%.
What is the average export price for peanut butter and prepared or preserved groundnuts in Bangladesh?
+
In 2020, the average peanut butter export price amounted to $2,037 per tonne, shrinking by -13.8% against the previous year.
What is the average import price for peanut butter and prepared or preserved groundnuts in Bangladesh?
+
The average peanut butter import price stood at $3,011 per tonne in 2020, growing by 3% against the previous year.

Product coverage:
• Prodcom 10392330 - Prepared or preserved groundnuts (including peanut butter, e xcluding by vinegar or acetic acid, frozen, purees and pastes)

This report provides an in-depth analysis of the peanut butter market in Bangladesh. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• Bangladesh

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Bangladesh
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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