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"Bangladesh Agribusiness Report Q2 2011" is now available at Fast Market Research

Fast Market Research recommends "Bangladesh Agribusiness Report Q2 2011" from Business Monitor International, now available

FOR IMMEDIATE RELEASE

 
PRLog (Press Release) - Apr. 2, 2011 - BMI View: Bird flu has been a major threat to Bangladesh's poultry industry ever since it was first reported in the country in March 2007. These outbreaks have put a large strain on producers, particularly the thousands of small-scale poultry rearers, and work as a disincentive to investment in production. Meat consumption in the country's rural areas comes mainly from the subsistence rearing of livestock. In urban centres, most poultry is still sold as live birds in wet markets with only a small proportion sold as packaged meat, adding to the likelihood of more outbreaks. The most recent outbreak was reported in April 2010, with 12 reported outbreaks across the country, mostly in commercial farms, involving a total of 141,726 birds. Of these, 10,605 died and 131,121 were destroyed. In May, Bangladesh imposed a ban on poultry from India due to a bird flu outbreak in the country.

Key Views

* Meat consumption remains low in Bangladesh. However, the country's poverty rate has fallen considerably over the past decade, while meat consumption has been on the rise. Poultry consumption is forecast to rise by 17.7% between 2010 and 2015.
 * The population of Bangladesh is forecast to grow by 8.2% from 2009 to 2014 to reach 156.6mn; this will be a key driver behind our forecast growth across key commodities such as wheat, rice and sugar.
 * With wheat prices rising rapidly in 2008, local consumption was hit hard as consumers substituted wheat products with cheaper foods, reflecting the elasticity of demand for this staple. Consumption is forecast to increase by 12.2% to 2015.


Key Developments

In 2009/10 rice production fell slightly by 1.96% year-on-year (y-o-y) to 32.39mn tonnes. The release of flood and drought resistant varieties of rice will also see production maintain growth over the forecast period. Out to 2014/15, we expect production to increase by 24.4% from the 2009/10 level to 40.29mn tonnes. This will be slightly over forecast domestic demand for that year.

Wheat production in Bangladesh has fallen rapidly in recent years while demand continues to rise. The main factor behind this extreme decline in output has been the trend of farmers switching to other crops that offer better returns, such as corn and potatoes. In the 2008/09 production year, output bounced back, growing 17.8% y-o-y to 994,000 tonnes, with further growth of 4.2% in 2009/10.

With Bangladesh's already high population density of around 1,050 people per square kilometre and annual population growth running at over 2%, agricultural land is going to come under increasing pressure for other uses, such as habitation and industry. This could see falls in acreage given to grain cultivation, potentially putting downside risks on our forecasts unless yields can be improved significantly.

On the positive, large-scale investment in the poultry industry by Indian giant Venkateshwara Hatcheries Group looks set to improve production; at the same time a board of government agencies and traders have formed to create a halal certification authority in an effort to tap into growing demand for Bangladeshi halal exports. The only thing preventing an increase in processed poultry production is the continued lack of an authorised halal certification body in Bangladesh. BMI is closely monitoring developments.

For more information or to purchase this report, go to:
-  http://www.fastmr.com/prod/128697_bangladesh_agribusiness...


Report Table of Contents:

SWOT Analysis
- Bangladesh Agriculture SWOT
- Bangladesh Political SWOT
- Bangladesh Economic SWOT
- Bangladesh Business Environment SWOT
Industry Forecast Scenario
- Bangladesh Grains Outlook
- Table: Bangladesh - Wheat Production & Consumption
- Table: Bangladesh - Corn Production
- Table: Bangladesh - Wheat Production & Consumption
- Table: Bangladesh - Corn Production
- Bangladesh Sugar Outlook - Q2 2011
- Table: Bangladesh - Sugar Production & Consumption
- Table: Bangladesh - Sugar Production & Consumption
- Bangladesh Rice Outlook
- Table: Bangladesh - Rice Production, Consumption & Trade
- Table: Bangladesh - Rice Production, Consumption & Trade
- Bangladesh Livestock Outlook
- Table: Bangladesh - Poultry Production
- Table: Bangladesh - Beef & Veal Production & Consumption
- Table: Bangladesh - Poultry Production
- Table: Bangladesh - Beef & Veal Production & Consumption
- Bangladesh Dairy Outlook - Q2 2011
- Table: Bangladesh - Milk Production & Consumption
- Table: Bangladesh - Butter Production & Consumption
- Table: Bangladesh - Milk Production & Consumption
- Table: Bangladesh - Butter Production & Consumption
Competitive Landscape
- Table: Agricultural Commodity Producers & Traders
- Table: Agribusiness Suppliers
- Table: Integrated Agricultural Producers
Commodity Price Analysis
- Monthly Softs Update
- Cocoa
- Table: Cocoa
- Coffee
- Table: Coffee
- Milk
- Table: Milk
- Sugar
- Table: Sugar
- Grains Update
- Corn
- Table: Corn
- Rice
- Table: Rice
- Soybean
- Table: Soybean
- Wheat
- Table: Wheat
Downstream Supply Chain Analysis
- Macroeconomic Forecast
- Table: Bangladesh - Economic Activity, 2008-2015
Industry Trend Analysis
- South Asian Frontiers: Cautious Consumer Outlook For 2011
- Improved Yields Put Bangladesh On Track For Bumper 2010/11 Rice Harvest
- Table: Bangladesh - Rice Production, Consumption & Trade
BMI Forecast Modelling
- How We Generate Our Industry Forecasts

About Business Monitor International

Business Monitor International (BMI) offers a comprehensive range of products and services designed to help senior executives, analysts and researchers assess and better manage operating risks, and exploit business opportunities, across 175 markets.  BMI offers three main areas of expertise: Country Risk BMI's country risk and macroeconomic forecast portfolio includes weekly financial market reports, monthly regional Monitors, and in-depth quarterly Business Forecast Reports.  Industry Analysis BMI covers a total of 17 industry verticals through a portfolio of services, including in-depth quarterly Country Forecast Reports.  View more research from Business Monitor International at http://www.fastmr.com/catalog/publishers.aspx?pubid=1010

About Fast Market Research

Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available.

For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.

# # #

Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available.

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Tags:rice, poultry, wheat, sugar, corn, milk, bird, meat, grain, outbreak
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