Key Market Indicators
Onion production in Bangladesh is set to reach two million metric tons by 2026, up from nearly two million in 2021. This marks an average growth rate of one percent year-on-year. Since 2017, Bangladeshi supply has increased by an average of 2.3 percent each year. Bangladesh was the seventh-largest producer in 2021, with Pakistan taking the lead at 1.86 million metric tons. India, the United States and Egypt respectively ranked second, third and fourth. Bangladeshi onion consumption is set to reach two million metric tons by 2026, up from 1.98 million in 2021. This represents a year-on-year compounded annual growth rate of 0.6 percent. The demand for Bangladeshi onions has risen by an average of 1.4 percent since 2017. Bangladesh was the sixth-largest consumer in 2021, with Iran in the lead at 1.98 million metric tons. India, the United States and Egypt respectively ranked second, third and fourth.
