Key Market Indicators
Bangladesh's butter consumption is predicted to rise to over 31,000 metric tons by 2026, from 30,000 metric tons in 2021. This represents an average annual growth rate of 0.5%. Since 2017, demand has remained relatively stable. In 2021, Bangladesh was ranked 34th in the global rankings for butter consumption, with Chile coming in just ahead at the same level of 30,000 metric tons. Germany, France, and Russia came in second, third, and fourth respectively. Meanwhile, Bangladeshi butter production is set to reach 1,470 metric tons by 2026, up from 1,360 in 2021. This represents an average growth rate of 1.3% year on year since 1966. The country was ranked 84th in 2021, with the United Arab Emirates coming in ahead at 1,360 metric tons. New Zealand, Germany, and France were ranked second, third, and fourth respectively.