Price for Frozen Concentrated Orange Juice in Bangladesh - 2022
Contents:
- Price for Frozen Concentrated Orange Juice in Bangladesh (CIF) - 2022
- Price for Frozen Concentrated Orange Juice in Bangladesh (FOB) - 2022
- Imports of Frozen Concentrated Orange Juice in Bangladesh
- Exports of Frozen Concentrated Orange Juice in Bangladesh
Price for Frozen Concentrated Orange Juice in Bangladesh (CIF) - 2022
The average frozen concentrated orange juice import price stood at $2,045 per ton in 2022, remaining stable against the previous year. Over the period under review, the import price showed a slight shrinkage. The pace of growth appeared the most rapid in 2017 when the average import price increased by 24% against the previous year. The import price peaked at $2,445 per ton in 2012; however, from 2013 to 2022, 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 Netherlands ($9,897 per ton), while the price for Singapore ($408 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+12.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Frozen Concentrated Orange Juice in Bangladesh (FOB) - 2022
In 2022, the average frozen concentrated orange juice export price amounted to $368 per ton, with an increase of 32% against the previous year. Overall, export price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, frozen concentrated orange juice export price decreased by -37.6% against 2017 indices. The pace of growth was the most pronounced in 2013 an increase of 78%. The export price peaked at $590 per ton in 2017; however, from 2018 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 Oman ($577 per ton), while the average price for exports to Burkina Faso ($89 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 Oman (+1.3%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Frozen Concentrated Orange Juice in Bangladesh
In 2022, approx. 56 tons of frozen concentrated orange juice were imported into Bangladesh; which is down by -23.9% against 2021. In general, imports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 90%.
In value terms, frozen concentrated orange juice imports declined sharply to $114K in 2022. Overall, imports faced a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 99% against the previous year.
| Import of Frozen Concentrated Orange Juice in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 65.8 | 33.7 | 57.4 | 60.5 | -2.8% |
| Spain | 24.9 | 12.7 | 21.7 | 22.9 | -2.8% |
| Germany | 22.6 | 10.8 | 17.2 | 17.0 | -9.1% |
| Malaysia | 8.7 | 3.8 | 5.6 | 5.0 | -16.9% |
| Brazil | 15.1 | 0.7 | 4.7 | 4.9 | -31.3% |
| Pakistan | 36.6 | 14.6 | 41.5 | 4.0 | -52.2% |
| Others | 1.0 | N/A | 4.1 | N/A | 102.5% |
| Total | 175 | 76.4 | 152 | 114 | -13.3% |
Top Suppliers of Frozen Concentrated Orange Juice to Bangladesh in 2022:
- Spain (23.4 tons)
- Germany (12.9 tons)
- Netherlands (6.1 tons)
- Brazil (5.4 tons)
- Pakistan (4.2 tons)
- Malaysia (3.7 tons)
Exports of Frozen Concentrated Orange Juice in Bangladesh
In 2022, shipments abroad of frozen concentrated orange juice decreased by -2.3% to 49 tons, falling for the second consecutive year after two years of growth. Overall, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 239% against the previous year. As a result, the exports attained the peak of 52 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, frozen concentrated orange juice exports surged to $18K in 2022. In general, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 193% against the previous year. As a result, the exports attained the peak of $22K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Frozen Concentrated Orange Juice in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 6.0 | 16.7 | 10.6 | 12.4 | 27.4% |
| Oman | 0.7 | 3.4 | 2.3 | 2.7 | 56.8% |
| Niger | N/A | N/A | N/A | 1.6 | 0% |
| Burkina Faso | 0.4 | 1.4 | 1.0 | 1.0 | 35.7% |
| Ghana | 0.4 | 0.7 | 0.3 | 0.2 | -20.6% |
| Others | 0.1 | 0.1 | N/A | 0.3 | 44.2% |
| Total | 7.6 | 22.3 | 14.2 | 18.2 | 33.8% |
Top Export Markets for Frozen Concentrated Orange Juice from Bangladesh in 2022:
- Malaysia (24.4 tons)
- Burkina Faso (11.4 tons)
- Niger (7.6 tons)
- Oman (4.6 tons)
- Ghana (1.3 tons)
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