Report Update Apr 1, 2024

Bangladesh - Walnuts - Market Analysis, Forecast, Size, Trends and Insights

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Bangladesh: Walnut Market 2024

Walnut Market Size in Bangladesh

In 2022, the Bangladeshi walnut market decreased by X% to $X for the first time since 2018, thus ending a three-year rising trend. In general, consumption, however, showed significant growth. As a result, consumption attained the peak level of $X, and then shrank sharply in the following year.

Walnut Production in Bangladesh

In value terms, walnut production dropped dramatically to $X in 2022 estimated in export price. Overall, production, however, posted significant growth. The pace of growth was the most pronounced in 2019 when the production volume increased by X,600% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

In 2022, the average yield of walnuts in Bangladesh stood at less than X kg per ha, stabilizing at the year before. Overall, the yield showed a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. less than X ha of walnuts were harvested in Bangladesh; standing approx. at the previous year's figure. Over the period under review, the harvested area saw a relatively flat trend pattern.

Walnut Exports

Exports from Bangladesh

In 2021, the amount of walnuts exported from Bangladesh was estimated at X kg, remaining stable against 2020. Over the period under review, exports continue to indicate a sharp decrease. The smallest decline of X% was in 2020. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, walnut exports stood at $X in 2021. In general, exports saw a dramatic shrinkage. The smallest decline of X% was in 2020. Over the period under review, the exports reached the peak figure at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

Lebanon (X kg) was the main destination for walnut exports from Bangladesh, with a approx. X% share of total exports.

From 2019 to 2021, the average annual rate of growth in terms of volume to Lebanon amounted to X%.

From 2019 to 2021, the average annual rate of growth in terms of value to Lebanon amounted to X%.

Export Prices by Country

The average walnut export price stood at $X per ton in 2021, remaining constant against the previous year. Overall, the export price faced a deep slump. The pace of growth was the most pronounced in 2020 when the average export price decreased by X% against the previous year. The export price peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Lebanon.

From 2019 to 2021, the rate of growth in terms of prices for Lebanon amounted to X% per year.

Walnut Imports

Imports into Bangladesh

For the sixth year in a row, Bangladesh recorded growth in supplies from abroad of walnuts, which increased by X% to X tons in 2022. Over the period under review, imports recorded a resilient expansion. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, walnut imports dropped slightly to $X in 2022. In general, imports recorded a buoyant increase. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2021, and then reduced modestly in the following year.

Imports by Country

In 2022, the United Arab Emirates (X tons) constituted the largest walnut supplier to Bangladesh, accounting for a X% share of total imports. Moreover, walnut imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, Pakistan (X kg), more than tenfold. Singapore (X kg) ranked third in terms of total imports with a X% share.

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

In value terms, the United Arab Emirates ($X) constituted the largest supplier of walnuts to Bangladesh, comprising X% of total imports. The second position in the ranking was held by Singapore ($X), with an X% share of total imports. It was followed by Pakistan, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United Arab Emirates stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (X% per year) and Pakistan (X% per year).

Import Prices by Country

The average walnut import price stood at $X per ton in 2022, shrinking by X% against the previous year. Overall, the import price, however, continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2015 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

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 Singapore ($X per ton), while the price for Pakistan ($X per ton) was amongst the lowest.

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

The countries with the highest volumes of consumption in 2023 were China, the United States and Iran, with a combined 56% share of global consumption. Turkey, Mexico, Burkina Faso, Ukraine, India, Chile and Romania lagged somewhat behind, together accounting for a further 27%.

What are the largest producers of walnuts in the world?

The countries with the highest volumes of production in 2022 were China, the United States and Iran, with a combined 61% share of global production. Turkey, Mexico, Chile, Burkina Faso and Ukraine lagged somewhat behind, together comprising a further 24%.

What are the leading suppliers of walnuts to Bangladesh?

In value terms, the United Arab Emirates constituted the largest supplier of walnuts to Bangladesh, comprising 84% of total imports. The second position in the ranking was taken by Singapore $836), with an 11% share of total imports. It was followed by Pakistan, with a 3.1% share.

What is the average export price for walnuts in Bangladesh?

In 2021, the average walnut export price amounted to $1,671 per ton, approximately mirroring the previous year.

What is the average import price for walnuts in Bangladesh?

In 2022, the average walnut import price amounted to $1,073 per ton, shrinking by -14.6% against the previous year.

This report provides an in-depth analysis of the walnut 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 2030.

Product coverage:

FCL 222 - Walnuts

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023