Earlier Report Observations
The tea market in Bangladesh expanded from 343.5 thousand tonnes in 2018 to 426.4 thousand tonnes in 2022, driven by steady production growth. However, in 2023 the market volume contracted to 404.6 thousand tonnes.
In 2022, tea gardens faced a workers’ strike demanding higher wages and inadequate rainfall, yet annual production increased. The following year, the Bangladesh Tea Board reported record production and launched an export-oriented quality improvement push, even as overall market size dipped.
For 2024, industry sources cited adverse monsoon rains that reduced leaf quality and output, prompting Bangladesh Bank to allocate BDT 12 billion in sectoral financing. State-owned entities like the Bangladesh Tea Board and Bangladesh Tea Research Institute continued to set minimum auction prices and provide research support.
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, K 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, K 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, K 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, t
- 6.1.2.1. Annual dynamics of product's imports to Bangladesh in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's imports in kind to Bangladesh by countries, 2018-2024, t
- 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, K $ US
- 6.1.3.1. Annual dynamics of product's imports to Bangladesh in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's imports in value to Bangladesh by countries, 2018-2024, K $ 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, t
- 6.2.2.1. Annual dynamics of product's imports to Bangladesh in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's imports in kind to Bangladesh by countries, 2018-2024, t
- 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, K $ US
- 6.2.3.1. Annual dynamics of product's imports to Bangladesh in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's imports in value to Bangladesh by countries, 2018-2024, K $ 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. Exports
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7.1. Exports (Direct Data*)
- 7.1.1. Exports - Total information
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7.1.2. Exports in kind, t
- 7.1.2.1. Annual dynamics of product's exports from Bangladesh in kind, 2018-2024, t
- 7.1.2.2. Dynamics of product's exports in kind from Bangladesh by countries, 2018-2024, t
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.1.3. Exports in value, K $ US
- 7.1.3.1. Annual dynamics of product's exports from Bangladesh in value, 2018-2024, K $ US
- 7.1.3.2. Dynamics of product's exports in value from Bangladesh by countries, 2018-2024, K $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
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7.1.4. Average price of product's exports, $ US/t
- 7.1.4.1. Annual dynamics of average price of product's exports from Bangladesh, 2018-2024, $ US/t
- 7.1.4.2. Dynamics of average price of product's exports from Bangladesh by countries, 2018-2024, $ US/t
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7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
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7.2.2. Exports in kind, t
- 7.2.2.1. Annual dynamics of product's exports from Bangladesh in kind, 2018-2024, t
- 7.2.2.2. Dynamics of product's exports in kind from Bangladesh by countries, 2018-2024, t
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.2.3. Exports in value, K $ US
- 7.2.3.1. Annual dynamics of product's exports from Bangladesh in value, 2018-2024, K $ US
- 7.2.3.2. Dynamics of product's exports in value from Bangladesh by countries, 2018-2024, K $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
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7.2.4. Average price of product's exports, $ US/t
- 7.2.4.1. Annual dynamics of average price of product's exports from Bangladesh, 2018-2024, $ US/t
- 7.2.4.2. Dynamics of average price of product's exports from Bangladesh by countries, 2018-2024, $ US/t
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7.1. Exports (Direct Data*)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production tea in Bangladesh
In kind, 2017-2020, K t
Globally, Bangladesh ranked as the 8th largest tea producer from 2017 to 2020.
Top producers of tea, 2017-2020
World map of production of tea, 2017-2020
Bangladesh's tea production grew for the second year in a row. In 2020, the country produced 412.0 K t of tea, a modest increase of 4.6% compared to the previous year. Over the 2017-2020 period, production rose by 15.7%, with an average annual growth rate of 5.0%. The lowest production level was in 2018 at 340.0 K t, which saw the largest decline of 4.5%. In contrast, 2019 recorded the biggest increase at 15.9%.
Annual dynamics of production in Bangladesh in kind, 2017-2020, K t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (4.5%) | 15.9% | 4.6% | 5.0% |
Exports tea from Bangladesh
Exports in kind, t
The market experienced significant fluctuations during this period. Exports dropped to their lowest point in 2018 at 633 t, marking the largest decline of 75.6%. By 2020, tea exports from Bangladesh rebounded sharply to 2 223 t, a 153.1% increase over the previous year. From the peak in 2017 to the trough in 2018, exports changed by a factor of 4.1.
Annual dynamics of product's exports from Bangladesh in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (75.6%) | 38.7% | 153.1% | (5.1%) |
From 2017 to 2020, Pakistan and the United Arab Emirates accounted for the majority of Bangladesh's tea exports by volume, while other markets played a smaller role.
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
Bangladesh's tea export value increased for the second consecutive year. In 2020, exports totaled 4 430 K $ US, up 31.0% year-over-year. However, over the 2017-2020 period, export value decreased by 11.3%, with an average annual decline of 3.9%. The lowest value was recorded in 2018 at 2 760 K $ US, which saw the largest drop of 44.8%.
Annual dynamics of product's exports from Bangladesh in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (44.8%) | 22.5% | 31.0% | (3.9%) |
Between 2017 and 2020, Pakistan (44.5% of export value), the United Arab Emirates (25.9%), and the United States (16.2%) formed the core of Bangladesh's tea exports by value, together representing 86.6% of total flows.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Bangladesh in value, 2017-2020
Imports tea to Bangladesh
Imports in kind, t
Bangladesh's tea import volume declined for the third year in a row. In 2020, imports stood at 355 t, a sharp decrease of 89.3% compared to 2019. Over the 2017-2020 period, imports fell by 92.3%, with an average annual decline of 57.5%.
Annual dynamics of product's imports to Bangladesh in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (9.9%) | (19.8%) | (89.3%) | (57.5%) |
From 2017 to 2020, India dominated Bangladesh's tea imports by volume, accounting for 72.4% of total flows, while other countries made up the remainder.
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
The market showed volatility over the observed period. Imports peaked in 2018 at 10 758 K $ US, which saw the largest increase of 34.1%. By 2020, Bangladesh's tea import value had fallen to 939 K $ US, a steep decline of 85.2% year-over-year. From the peak in 2018 to the trough in 2020, imports swung by a factor of 11.5.
Annual dynamics of product's imports to Bangladesh in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 34.1% | (40.9%) | (85.2%) | (51.1%) |
During 2017-2020, India and Kenya were the dominant markets for Bangladesh's tea imports by value, jointly accounting for 91.8% of total flows, with other countries representing the residual share.
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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