Bangladesh

In 2023, hot drinks is thriving in Bangladesh, especially tea and coffee. Despite a minimal price rise compared to other products, coffee has experienced some inflation. Supplementary drinks face reduced consumption among low and middle-income…

Amid rising prices of essential foods and other basic necessities, the hike in prices of home care products added a new brden on people in 2023. In about nine months, almost all products such as detergents and toilet cleaners became pricier by 10 to…

In 2023, soft drinks in Bangladesh faces challenges due to a significant price hike since September 2022, exacerbated by escalating water costs. The proposed turnover tax, deemed a potential growth deterrent by experts, also poses a threat to the…

In 2023, tissue and hygiene in Bangladesh faces challenges as demand slows due to price hikes and increased household expenses. Political unrest further disrupts business performance, leaving daily wage labourers unemployed and struggling with daily…

Demand rose in 2022 as COVID-19 eased and foreigners returned to work. However, import price hikes hit sales. The government used software to close import loopholes. Importers could not hide from customs and suppliers could not fill demand. Thus,…

Consumer purchasing power fell in 2023 due to devaluation of the local currency against the dollar. This has made many staples unaffordable to a large swathe of the population. Most middle income demographics tend to do a minimum shop to cover their…

In Bangladesh, consumer health faces the challenge of inflation across various categories in 2023. Meanwhile, consumer preferences are shifting towards modern medicine due to its perceived quick effectiveness, leading to a decline in demand for…

In 2023, snacks sales completely recovered from the impact of COVID-19 pandemic but faced a new set of challenges, namely inflation. Global inflation and currency depreciation caused prices to skyrocket. With prices of gas, electricity, raw…

Despite tobacco being an important source of tax revenue, the government and anti-tobacco groups continue to make efforts to reduce its consumption with the aim to eliminate tobacco from the country by 2040. However, there are still many tobacco…

Although public debt is contained, Bangladesh has major challenges for economic freedom and corruption remains endemic. The economy has performed strongly, but inflation is rising as a result of political instability and reliance on textiles is…

Retail generated positive growth in 2022 despite high inflation and pressure on consumer spending. Higher levels of investment from key players boosted chained grocery retailing and e-commerce as consumers become more accustomed to more modern and…

In 2023, a surge in living costs has driven price increases of 20-60% in cooking ingredients. As a result, demand has declined, especially among lower-middle-income consumers. To combat this, manufacturers have been focusing on smaller packs. On a…

In 2023, the dairy industry has recovered from the COVID-19 pandemic, however, now new challenges are being seen due to international inflation due to the rapidly increasing oil and fuel prices. This is resulting in lower-income consumers to…

In 2022, all categories are being impacted by the global inflation rates, with price hikes by 50% being seen in some cases. However, BPC overall is performing much better than seen in 2020 and 2021 due to the COVID-19 pandemic coming to an end.…

The number of households is set to increase moderately in Bangladesh over 2022-2027, with couples with children remaining the dominant household type. In 2022, household spending was impacted by a 7.7% inflation rate, increasing living expenses. The…

The commodities country overview provides comprehensive data on production, consumption and price trends on key commodities markets. The commodities overview in Bangladesh covers production and consumption trends in agricultural commodities, energy…

Consumer incomes are forecast to grow at a fast pace in Bangladesh, but to remain lower compared to the Asia Pacific average. The country's fast economic expansion will contribute to the growth of the high-income class. As a developing country,…

Lack of government integrity, prevalent corruption, skills shortages, and difficult access to financing are among the key obstacles to doing business in Bangladesh. Low internet penetration is another major factor hindering faster economic…

Dhaka and Khulna are Bangladesh’s most economically vibrant cities. Moreover, Dhaka holds the highest potential for future economic growth. However, challenges for the country’s cities will persist – in the near term, global economic slowdown,…

The report examines the economic landscape of Bangladesh and provides information on major monetary indicators, foreign trade, investments, and government finance. The economy in Bangladesh expanded in real terms in 2022, driven by increasing public…