• oilseed crushing facilities in Bangladesh
  • oilseed crushing facilities in Bangladesh
  • oilseed crushing facilities in Bangladesh
  • oilseed crushing facilities in Bangladesh
  • What is the forecast for whole soybean crushing in Bangladesh?
  • Post forecasts MY 2024/25 whole soybean crushing at 2.15 million MT, up 10 percent compared to Post’s MY 2023/24 estimate, on increased demand and higher soybean imports. Two privately held business conglomerates, City Group and Meghna Group dominate the soybean crushing sector in Bangladesh.
  • Why is rapeseed oil consumption increasing in Bangladesh?
  • Mustard/rapeseed oil consumption is projected to increase due to higher domestic production. Bangladesh’s economy is currently facing several challenges including high inflation, the depreciation of the local currency, the taka, and a depletion of the foreign currency (forex) reserves.
  • Is rapeseed oil marketed as mustard oil in Bangladesh?
  • Edible oil extracted from rapeseed and mustard seed is marketed as “mustard oil” in Bangladesh. Post forecasts MY 2024/25 rapeseed/mustard oil production at 660 thousand MT on high domestic production of rapeseed/mustard. There are several private companies who produce “mustard oil” and sell bottled mustard oil throughout the country.
  • Is rapeseed grown in Bangladesh?
  • The largest oilseed produced in Bangladesh is rapeseed, however, these rapeseed varieties are commonly known and consumed as “mustard seed.” In Bangladesh, almost all the oilseed crops are cultivated in the rabi season with planting starting in December-January and harvest in February-March.
  • Does Bangladesh import rapeseed?
  • Bangladesh usually imports rapeseed to blend with mustard seed during the crushing process to produce oil, that is then marketed as mustard oil. However, due to the rise in domestic production, import volumes have been decreasing since MY 2022/23.
  • How much rapeseed/mustard meal is produced in Bangladesh?
  • For MY 2023/24, Post estimates rapeseed/mustard meal production at 900 thousand MT, 27 percent higher than the USDA official estimate, on higher levels of crushing. Raw rapeseed/mustard meal has been used as cattle feed in Bangladesh for many years.