Price for Vegetable Products Not Elsewhere Specified or Included in Bangladesh - 2022
Contents:
- Price for Vegetable Products Not Elsewhere Specified or Included in Bangladesh (CIF) - 2022
- Price for Vegetable Products Not Elsewhere Specified or Included in Bangladesh (FOB) - 2022
- Imports of Vegetable Products Not Elsewhere Specified or Included in Bangladesh
- Exports of Vegetable Products Not Elsewhere Specified or Included in Bangladesh
Price for Vegetable Products Not Elsewhere Specified or Included in Bangladesh (CIF) - 2022
The average import price for vegetable products not elsewhere specified or includeds stood at $1,430 per ton in 2022, picking up by 112% against the previous year. In general, the import price recorded a remarkable increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Ghana ($1,891 per ton), while the price for India ($303 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+4.4%), while the prices for the other major suppliers experienced a decline.
Price for Vegetable Products Not Elsewhere Specified or Included in Bangladesh (FOB) - 2022
The average export price for vegetable products not elsewhere specified or includeds stood at $1,697 per ton in 2022, with a decrease of -37.6% against the previous year. Over the period under review, the export price, however, enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2019 an increase of 239% against the previous year. The export price peaked at $3,741 per ton in 2020; however, from 2021 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 States ($4,292 per ton), while the average price for exports to South Korea ($255 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 India (+33.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Vegetable Products Not Elsewhere Specified or Included in Bangladesh
In 2022, imports of vegetable products not elsewhere specified or includeds into Bangladesh declined markedly to 5.8K tons, shrinking by -50.3% against the previous year. Overall, imports recorded a significant contraction. The smallest decline of -16% was in 2021.
In value terms, imports of vegetable products not elsewhere specified or includeds reduced rapidly to $6.2M in 2022. Over the period under review, imports saw a sharp reduction. The smallest decline of -10.3% was in 2020.
| Import of Vegetable Products Not Elsewhere Specified or Included in Bangladesh (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 10.8 | 11.3 | 4.9 | 4.3 | -26.4% |
| Taiwan (Chinese) | N/A | N/A | N/A | 0.8 | 0% |
| India | 3.1 | 2.6 | 2.7 | 0.6 | -42.2% |
| Ghana | N/A | N/A | N/A | 0.2 | 0% |
| Vietnam | 0.6 | N/A | 0.1 | N/A | -59.2% |
| Others | 1.3 | 0.2 | 0.3 | 0.2 | -46.4% |
| Total | 15.9 | 14.2 | 7.9 | 6.2 | -26.9% |
Top Suppliers of Vegetable Products Not Elsewhere Specified or Included to Bangladesh in 2022:
- South Africa (2940.7 tons)
- India (2135.2 tons)
- Taiwan (Chinese) (482.1 tons)
- Ghana (112.4 tons)
- Vietnam (25.6 tons)
Exports of Vegetable Products Not Elsewhere Specified or Included in Bangladesh
In 2022, shipments abroad of vegetable products not elsewhere specified or includeds decreased by -95.9% to 209 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports recorded a sharp setback. The most prominent rate of growth was recorded in 2021 with an increase of 143%. As a result, the exports reached the peak of 5.1K tons, and then reduced sharply in the following year.
In value terms, exports of vegetable products not elsewhere specified or includeds dropped dramatically to $296K in 2022. Overall, exports recorded a sharp contraction. The pace of growth was the most pronounced in 2021 with an increase of 83% against the previous year. As a result, the exports attained the peak of $14M, and then dropped markedly in the following year.
| Export of Vegetable Products Not Elsewhere Specified or Included in Bangladesh (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Jordan | N/A | 0.1 | 0.1 | 0.2 | 41.4% |
| United States | N/A | N/A | N/A | 0.1 | 0% |
| South Korea | 0.5 | 0.3 | N/A | N/A | -40.0% |
| Japan | N/A | N/A | N/A | N/A | 0% |
| United Kingdom | N/A | N/A | N/A | N/A | 0% |
| France | N/A | N/A | N/A | N/A | 0% |
| Saudi Arabia | 4.0 | 7.5 | 14.2 | N/A | 88.4% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 4.5 | 7.8 | 14.3 | 0.3 | -59.5% |
Top Export Markets for Vegetable Products Not Elsewhere Specified or Included from Bangladesh in 2022:
- Jordan (126.0 tons)
- Japan (37.2 tons)
- United Kingdom (15.0 tons)
- United States (12.7 tons)
- South Korea (10.7 tons)
- France (3.4 tons)
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