Earlier Report Observations
The production of groundnut oil-cake in Bangladesh increased from 17 736 tons in 2018 to 21 171 tons in 2020, supported by a gradual expansion of peanut cultivation area that raised the availability of domestic raw material for processing.
Output stabilized near 21 180 tons in 2021 while demand for animal feed continued to grow, maintaining market activity. A sharp rise to 27 335 tons occurred in 2022, directly linked to the country's increasing livestock population, which boosted consumption of oil-cake as a protein supplement in feed.
Production fell to 24 702 tons in 2023, influenced by higher import costs for raw materials due to depreciation of the Bangladeshi taka and market reorganization following the merger of Shun Shing Edible Oil Ltd with Bangladesh Edible Oil Ltd.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2023
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2023
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Bangladesh
- 5.1.1. Annual dynamics of production in Bangladesh in kind, 2018-2023, t
- 5.1.2. Annual dynamics of production in Bangladesh in value, 2018-2023, $ US
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5.2. Global production by Country, 2018-2023
- 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
- 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
- 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
- 5.2.4. Structure of production by countries in kind, 2018-2023
- 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.1. Production in Bangladesh
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6. Imports
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6.1. Imports (Direct Data*)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, kg
- 6.1.2.1. Annual dynamics of product's imports to Bangladesh in kind, 2018-2024, kg
- 6.1.2.2. Dynamics of product's imports in kind to Bangladesh by countries, 2018-2024, kg
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.1.3. Imports in value, $ US
- 6.1.3.1. Annual dynamics of product's imports to Bangladesh in value, 2018-2024, $ US
- 6.1.3.2. Dynamics of product's imports in value to Bangladesh by countries, 2018-2024, $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
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6.1.4. Average price of product's imports, $ US/t
- 6.1.4.1. Annual dynamics of average price of product's imports to Bangladesh, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's imports to Bangladesh by countries, 2018-2024, $ US/t
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, kg
- 6.2.2.1. Annual dynamics of product's imports to Bangladesh in kind, 2018-2024, kg
- 6.2.2.2. Dynamics of product's imports in kind to Bangladesh by countries, 2018-2024, kg
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.2.3. Imports in value, $ US
- 6.2.3.1. Annual dynamics of product's imports to Bangladesh in value, 2018-2024, $ US
- 6.2.3.2. Dynamics of product's imports in value to Bangladesh by countries, 2018-2024, $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
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6.2.4. Average price of product's imports, $ US/t
- 6.2.4.1. Annual dynamics of average price of product's imports to Bangladesh, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's imports to Bangladesh by countries, 2018-2024, $ US/t
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6.1. Imports (Direct Data*)
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7. Trade balance
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7.1. Trade balance (Direct Data)
- 7.1.1. In kind, kg
- 7.1.2. In value, $ US
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7.2. Trade balance (Mirror Data)
- 7.2.1. In kind, kg
- 7.2.2. In value, $ US
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7.1. Trade balance (Direct Data)
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8. Top buying and selling countries, 2018-2024
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8.1. Direct Data
- 8.1.1. Import in Value by Countries-buyers
- 8.1.2. Export in Value by Countries-suppliers
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8.2. Mirror Data
- 8.2.1. Import in Value by Countries-buyers
- 8.2.2. Export in Value by Countries-suppliers
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8.1. Direct Data
Production groundnutoil-cake in Bangladesh
In kind, 2017-2020, t
From 2017 to 2020, Bangladesh ranked as the 29th largest producer of groundnut oil-cake globally.
Top producers of groundnutoil-cake, 2017-2020
World map of production of groundnutoil-cake, 2017-2020
Groundnut oil-cake production in Bangladesh grew for the third consecutive year. In 2020, the country produced 21 171 tonnes, marking a moderate increase of 9.5% compared to 2019. Over the period from 2017 to 2020, production rose by 21%, which translates to an annualized 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% |
Exports groundnutoil-cake from Bangladesh
Desk research indicates that Bangladesh did not export any groundnut oil-cake from 2017 to 2020.
Imports groundnutoil-cake to Bangladesh
Imports in kind, kg
In 2019, Bangladesh's groundnut oil-cake imports totaled 16 000 kg, showing no change from 2018. Between 2017 and 2019, imports surged by 1 599 900%, corresponding to an annualized rate of 2 419.8%.
Annual dynamics of product's imports to Bangladesh in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
From 2017 to 2020, India was the primary source for groundnut oil-cake imports to Bangladesh, consistently accounting for 100.0% of total imports in volume.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Bangladesh in kind, 2017-2020
Imports in value, $ US
In 2019, the value of groundnut oil-cake imports to Bangladesh was 2 555 US dollars, nearly identical to the 2018 figure. Over the 2017-2019 period, imports increased by 4 828.8%, with a compound annual growth rate of 266.6%.
Annual dynamics of product's imports to Bangladesh in value, 2017-2020, $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
From 2017 to 2020, imports of groundnut oil-cake to Bangladesh in value terms were almost entirely linked to India, which held a 98.0% share of total flows.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Bangladesh in value, 2017-2020
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