Not roasted and not cooked groundnuts market in Bangladesh

Earlier Report Observations

The market volume for not roasted and not cooked groundnuts in Bangladesh showed considerable movement between 2018 and 2022. Starting at 67 719 t in 2018, it fell to 62 195 t in 2019 before a recovery to 65 484 t in 2020 and 67 894 t in 2021. The market then surged sharply to 87 231 t in 2022.

In 2023, the market contracted to 77 768 t. This decline aligned with reported climate challenges such as tidal flooding, soil salinity, and land erosion in coastal growing regions like Hatiya Island, which adversely affected groundnut production. Concurrently, regulatory developments from the Bangladesh Food Safety Authority regarding food safety, labeling, and packaging, alongside shifting consumer preferences toward healthier options and the expansion of e-commerce, began shaping the market environment. Imports continued to grow, reaching 22 758 t in 2024, as these broader trends influenced supply and demand dynamics.

Production not roasted and not cooked groundnuts in Bangladesh

In kind, 2017-2020, t

Top producers of not roasted and not cooked groundnuts, 2017-2020

World map of production of not roasted and not cooked groundnuts, 2017-2020

Bangladesh's production of not roasted and not cooked groundnuts declined for the second consecutive year. In 2020, the country produced 60 314 tonnes, marking a modest 4.0% decrease compared to the previous year. Looking at the period from 2017 to 2020, production fell by 8.7%, which translates to an average annual decline of 3.0%. The highest production level was recorded in 2018 at 66 828 tonnes. The most significant drop occurred in 2019 with a 6.0% decrease, while the largest increase was seen in 2018 at 1.2%.

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

Exports not roasted and not cooked groundnuts from Bangladesh

Exports in kind, t

The market displayed an unstable trend throughout the observed period. Export volumes varied significantly, with a 219-fold difference between the low in 2017 and the high in 2019. In 2020, Bangladesh's deliveries of not roasted and not cooked groundnuts totaled 8 227 tonnes, showing a slight contraction of 1.0% year-over-year.

Annual dynamics of product's exports from Bangladesh in kind, 2017-2020, t

From 2017 to 2020, the export partner base for not roasted and not cooked groundnuts was extremely narrow, with Afghanistan accounting for 100.0% of total flows.

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

World map of product's exports from Bangladesh in kind, 2017-2020

Exports in value, K $ US

The market exhibited volatility over the observed period. Export values changed by a factor of 131, from the trough in 2017 to the peak in 2019. In 2020, Bangladesh's export volume of not roasted and not cooked groundnuts amounted to 5 302 thousand US dollars, representing a small decrease of 2.2% compared to the previous year.

Annual dynamics of product's exports from Bangladesh in value, 2017-2020, K $ US

Between 2017 and 2020, the market structure was highly concentrated, with Afghanistan responsible for 100.0% of total exports in value terms.

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

World map of product's exports from Bangladesh in value, 2017-2020

Imports not roasted and not cooked groundnuts to Bangladesh

Imports in kind, t

Bangladesh's imports of not roasted and not cooked groundnuts increased for the third consecutive year. In 2020, imports reached 13 396 tonnes, marking a significant advance of 74.5% year-over-year. From 2017 to 2020, imports surged by 1480.9%, equating to an annualized growth rate of 151.0%.

Annual dynamics of product's imports to Bangladesh in kind, 2017-2020, t

Over the period from 2017 to 2020, Bangladesh's imports of not roasted and not cooked groundnuts showed a pronounced dependence on India, which accounted for 96.9% of total imports in kind.

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, K $ US

There were noticeable fluctuations in market performance during this period. Import values dropped to a minimum in 2018 and climbed to their maximum in 2020, representing an 8.5-fold shift. In 2020, the import volume of not roasted and not cooked groundnuts to Bangladesh amounted to 10 508 thousand US dollars, which is 65.4% above the previous year. The lowest value was recorded in 2018 at 1 237 thousand US dollars. The largest decline occurred in 2018 at 0.9%, while the most substantial increase was in 2019 at 413.4%.

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

From 2017 to 2020, Bangladesh's imports of not roasted and not cooked groundnuts were largely oriented towards India, whose share in total imports reached 95.4% in value terms.

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

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