Market research

Groundnut oil and fractions market in Bangladesh

$Groundnut oil and fractions market in Bangladesh$

Release date: Mar 28, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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Earlier Report Observations

The groundnut oil market in Bangladesh experienced significant expansion in volume from 2018 to 2023. Starting at 15 131 tons, consumption grew steadily to 18 054 tons by 2020, marking a 19% increase over the initial three-year period.

This upward trajectory was interrupted by a year of stabilization in 2021, with volume remaining flat near 18 078 tons. A sharp surge of 29% followed in 2022, lifting the market to 23 315 tons, before a subsequent contraction brought volume down to 21 049 tons in 2023.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Bangladesh
  1. 5.1.1. Annual dynamics of production in Bangladesh in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in Bangladesh in value, 2018-2023, $ US
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Imports
1. 6.1. Imports (Direct Data*)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, kg
    1. 6.1.2.1. Annual dynamics of product's imports to Bangladesh in kind, 2018-2024, kg
    2. 6.1.2.2. Dynamics of product's imports in kind to Bangladesh by countries, 2018-2024, kg
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Bangladesh in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Bangladesh by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Bangladesh, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Bangladesh by countries, 2018-2024, $ US/t
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, kg
    1. 6.2.2.1. Annual dynamics of product's imports to Bangladesh in kind, 2018-2024, kg
    2. 6.2.2.2. Dynamics of product's imports in kind to Bangladesh by countries, 2018-2024, kg
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Bangladesh in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Bangladesh by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Bangladesh, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Bangladesh by countries, 2018-2024, $ US/t
7. Exports
1. 7.1. Exports (Direct Data*)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, kg
    1. 7.1.2.1. Annual dynamics of product's exports from Bangladesh in kind, 2018-2024, kg
    2. 7.1.2.2. Dynamics of product's exports in kind from Bangladesh by countries, 2018-2024, kg
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Bangladesh in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Bangladesh by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's exports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Bangladesh, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's exports from Bangladesh by countries, 2018-2024, $ US/t
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, kg
    1. 7.2.2.1. Annual dynamics of product's exports from Bangladesh in kind, 2018-2024, kg
    2. 7.2.2.2. Dynamics of product's exports in kind from Bangladesh by countries, 2018-2024, kg
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Bangladesh in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Bangladesh by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's exports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Bangladesh, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's exports from Bangladesh by countries, 2018-2024, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, kg
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, kg
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production groundnut oil and fractions in Bangladesh

In kind, 2017-2020, t

Top producers of groundnut oil and fractions, 2017-2020

Source: SHEV.io

World map of production of groundnut oil and fractions, 2017-2020

Source: SHEV.io

Bangladesh's production of groundnut oil and fractions has grown for the third year in a row. In 2020, the country produced 18,035 tonnes, marking a 9.5% year-over-year increase. From 2017 to 2020, production rose by 21%, which translates to an average annual growth rate of 6.6%.

Annual dynamics of production in Bangladesh in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	1.4%	9.0%	9.5%	6.6%

Source: SHEV.io

Exports groundnut oil and fractions from Bangladesh

According to marketing research data, Bangladesh did not export any groundnut oil and fractions between 2017 and 2020.

Imports groundnut oil and fractions to Bangladesh

Imports in kind, kg

Following two years of growth, Bangladesh's imports of groundnut oil and fractions declined. In 2020, imports totaled 19,307 kilograms, down 28.3% from the previous year. Between 2017 and 2020, imports fell by 5.9%, averaging a 2.0% annual decrease. The peak import volume was recorded in 2019 at 26,934 kilograms, which also saw the largest increase of 21.2%.

Annual dynamics of product's imports to Bangladesh in kind, 2017-2020, kg

Parameter		2018	2019	2020	CAGR
1	Change from last year	8.2%	21.2%	(28.3%)	(2.0%)

Source: SHEV.io

From 2017 to 2020, France and India were the two main sources for Bangladesh's imports of groundnut oil and fractions, together accounting for 86.6% of the total volume. The remainder came from a variety of other countries.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Bangladesh in kind, 2017-2020

Source: SHEV.io

Imports in value, $ US

Bangladesh's imports of groundnut oil and fractions in value terms declined for the second consecutive year. In 2020, imports amounted to 63,057 US dollars, a 29.7% drop compared to the previous year. Over the period from 2017 to 2020, imports decreased by 34.9%, with an average annual decline of 13.3%. The highest value was recorded in 2018 at 97,191 US dollars, which also experienced the largest increase of 0.4%.

Annual dynamics of product's imports to Bangladesh in value, 2017-2020, $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	0.4%	(7.7%)	(29.7%)	(13.3%)

Source: SHEV.io

Between 2017 and 2020, Bangladesh's imports of groundnut oil and fractions in value terms were primarily directed toward France and India. Together, these two countries made up 82.7% of total imports, while other destinations contributed smaller shares.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Bangladesh in value, 2017-2020

Source: SHEV.io