State of the Bangladesh Economy in FY2023-24 (First Reading)
Independent Review of
RBD
Bangladesh's Development
☐ The average price of loose soyabean oil
increased by 94% from BDT 81 per litre to BDT
158 per litre, and the average price of bottled
soyabean oil increased by 65% from BDT 104
per litre to BDT 172 per litre from 1 January
2019 to 20 December 2023.
□ On the other hand, the average price of loose
palm oil increased by 102% from BDT 63 per
litre to BDT 128 per litre, and the average price
of palm oil super increased by 102% from
BDT 68 per litre to BDT 138 per litre, from 1
January 2019 to 20 December 2023.
☐ As of October 2023, the price of soyabean oil
in the world market was BDT 125 per
litre, which was lower than the prevailing price
in the Bangladesh market at the same time.
CPD (2023): State of the Bangladesh Economy in FY2023-24 (First Reading)
BDT per litre
Price of edible oil
Figure 3.6: Average daily price of edible oil in Dhaka
between 1 January 2019 and 20 December 2023 (BDT
250
200
150
100
50
1/1/2019
3/1/2019
5/1/2019
7/1/2019
9/1/2019
11/1/2019
1/1/2020
Soybean Loose
per litre)
3/1/2020
5/1/2020
7/1/2020
9/1/2020
11/1/2020
1/1/2021
3/1/2021
5/1/2021
7/1/2021
9/1/2021
11/1/2021
1/1/2022
3/1/2022
5/1/2022
7/1/2022
9/1/2022
11/1/2022
1/1/2023
3/1/2023
5/1/2023
7/1/2023
9/1/2023
11/1/2023
Soybean Processed Bottled (1 Litre)
Palm Oil Loose
Palm Oil Super
26View entire presentation