Bangladesh: Orange Market 2024

Orange Market Size in Bangladesh

The Bangladeshi orange market amounted to $X in 2022, therefore, remained relatively stable against the previous year. Over the period under review, consumption showed a strong increase. Orange consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Orange Production in Bangladesh

In value terms, orange production shrank to $X in 2022 estimated in export price. In general, production recorded a slight curtailment. The growth pace was the most rapid in 2013 when the production volume increased by X% against the previous year. Orange production peaked at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

In 2022, the average yield of oranges in Bangladesh reduced to X tons per ha, which is down by X% against 2021. Over the period under review, the yield saw a deep slump. The pace of growth appeared the most rapid in 2015 when the yield increased by X% against the previous year. The orange yield peaked at X tons per ha in 2013; however, from 2014 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of oranges production in Bangladesh was estimated at X ha, surging by X% compared with the previous year's figure. Overall, the harvested area posted a remarkable increase. The most prominent rate of growth was recorded in 2019 when the harvested area increased by X%. Over the period under review, the harvested area dedicated to orange production attained the peak figure at X ha in 2020; however, from 2021 to 2022, the harvested area stood at a somewhat lower figure.

Orange Exports

Exports from Bangladesh

In 2022, the amount of oranges exported from Bangladesh rose sharply to X tons, surging by X% against 2021. Overall, exports enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2020 with an increase of X%. As a result, the exports reached the peak of X tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, orange exports expanded remarkably to $X in 2022. In general, exports enjoyed resilient growth. The growth pace was the most rapid in 2015 with an increase of X%. Over the period under review, the exports attained the maximum at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Malaysia (X tons) was the main destination for orange exports from Bangladesh, with a X% share of total exports. It was followed by the United Arab Emirates (X kg), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Malaysia amounted to X%.

In value terms, Malaysia ($X) remains the key foreign market for oranges exports from Bangladesh, comprising X% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Malaysia amounted to X%.

Export Prices by Country

The average orange export price stood at $X per ton in 2022, standing approx. at the previous year. Overall, the export price continues to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2016 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2017; however, from 2018 to 2022, the export prices remained at a 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 Malaysia totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (X%), while the prices for the other major destinations experienced mixed trend patterns.

Orange Imports

Imports into Bangladesh

In 2022, the amount of oranges imported into Bangladesh was estimated at X tons, approximately mirroring the previous year's figure. Overall, imports continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2014 when imports increased by X%. Over the period under review, imports hit record highs at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, orange imports reached $X in 2022. In general, imports showed a strong expansion. The pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

India (X tons), South Africa (X tons) and Egypt (X tons) were the main suppliers of orange imports to Bangladesh, together comprising X% of total imports. Bhutan and Uruguay lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Uruguay (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Egypt ($X), South Africa ($X) and India ($X) appeared to be the largest orange suppliers to Bangladesh, together comprising X% of total imports. Bhutan and Uruguay lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Uruguay, with a CAGR of X%, saw the highest rates of growth with regard to 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 orange import price stood at $X per ton in 2022, remaining constant against the previous year. In general, import price indicated a measured increase 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, orange import price increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2014 when the average import price increased by X%. The import price peaked at $X per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Egypt ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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