Bangladesh: Roasted Coffee Market 2024

Roasted Coffee Market Size in Bangladesh

The Bangladeshi roasted coffee market shrank modestly to $X in 2022, waning by X% against the previous year. Over the period under review, consumption recorded a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Roasted Coffee Production in Bangladesh

In value terms, roasted coffee production reduced to $X in 2022 estimated in export price. Overall, production continues to indicate a slight setback. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Roasted Coffee Exports

Exports from Bangladesh

In 2022, shipments abroad of roasted coffee decreased by X% to X kg for the first time since 2019, thus ending a two-year rising trend. In general, exports saw a abrupt decline. The most prominent rate of growth was recorded in 2020 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 remained at a lower figure.

In value terms, roasted coffee exports reduced notably to $X in 2022. Overall, exports recorded a abrupt setback. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Ireland (X kg) was the main destination for roasted coffee exports from Bangladesh, accounting for a X% share of total exports. Moreover, roasted coffee exports to Ireland exceeded the volume sent to the second major destination, France (X kg), twofold. Canada (X kg) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Ireland stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Canada (X% per year).

In value terms, the largest markets for roasted coffee exported from Bangladesh were France ($X), Canada ($X) and Ireland ($X), with a combined X% share of total exports.

Canada, 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 more modest paces of growth.

Export Prices by Country

In 2022, the average roasted coffee export price amounted to $X per ton, rising by X% against the previous year. Over the period under review, the export price, however, continues to indicate a pronounced reduction. The pace of growth appeared the most rapid in 2016 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

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

Roasted Coffee Imports

Imports into Bangladesh

In 2022, imports of roasted coffee into Bangladesh declined significantly to X tons, reducing by X% on 2021 figures. Over the period under review, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports reached the peak of X tons, and then shrank significantly in the following year.

In value terms, roasted coffee imports shrank remarkably to $X in 2022. In general, imports, however, showed a significant increase. The pace of growth appeared the most rapid in 2014 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2021, and then shrank dramatically in the following year.

Imports by Country

In 2022, Singapore (X tons) constituted the largest supplier of roasted coffee to Bangladesh, accounting for a X% share of total imports. Moreover, roasted coffee imports from Singapore exceeded the figures recorded by the second-largest supplier, the United States (X tons), fourfold. The third position in this ranking was taken by India (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Singapore stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and India (X% per year).

In value terms, the largest roasted coffee suppliers to Bangladesh were Singapore ($X), the United States ($X) and the United Arab Emirates ($X), with a combined X% share of total imports. India, Australia, the Netherlands, Italy, the UK and France lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, the UK, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average roasted coffee import price stood at $X per ton in 2022, with an increase of X% against the previous year. In general, import price indicated a pronounced expansion 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, roasted coffee import price decreased by X% against 2020 indices. 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 ton. From 2016 to 2022, the average import prices remained at a 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 UK ($X per ton), while the price for Singapore ($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 UK (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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