Price Monitoring and Analysis Country Brief: Bangladesh
Price Monitoring and Analysis Country Brief: Bangladesh
Price Monitoring and Analysis Country Brief: Bangladesh
European Union
www.foodsec.org
Bangladesh
January-April 2011
Food prices have shown an upward trend in the last year and are now stabilizing but remain at high levels. Nominal rice price has exceeded the highest levels observed in 2008. Despite the 2010 good harvests, localized food supply shortages and market access difficulties persist, with vulnerable communities continuing to experience food insecurity. Food security conditions were affected by a cold wave that hit the country constraining people s ability to work. The government plans to build stocks with imports and support people by continuing food distribution.
Background
In Bangladesh the total population is estimated to reach about 162 million with an annual growth rate of 1%. Although the rural population is 72%, the agricultural value addedd to GDP is around 18%. The proportion of undernourishment is 27%.
Economic Indicators Total Population (millions) - 2009 (WB) Population growth rate - 2009 (WB) GNI per capita, $ PPP - 2009 (WB) Population below 1$ PPP per day - 2005 (MDGI) Rural population - 2009 (WB) Agriculture, value added (% of GDP) - 2009 (WB) View Data 162.221 1% 1550 49% 72% 18% Food Consumption Undernourished Population - 2005/2007 (FAO) Cereal share in total dietary energy consumption - 2007 (FAO) Meat share in total dietary energy consumption Health Indicators Pop. with sustainable access to improved sanitation - 2008 (WHO) Life expectancy at birth (years) both sexes - 2008 (WHO) Pop. with access to improved drinking water sources - 2008 (WHO) Prevalence of HIV among adults aged >= 15 years - 2009 (WHO) 53% 65 80% 0.05% 27% 78% n.a.
Prices
In Dhaka, rice prices in March/April were stable at around 34 Taka/Kg decreasing by 4% from January/February 2011. Wheat prices were at 24.6 Taka/Kg in April after a 15% decrease from January prices (28.8 Taka/Kg). However, this price is 42% higher than the corresponding levels of one year ago. In March, rice prices in Dhaka (476.08 USD/T) were 11% higher compared to the international prices of Rice Thai A1 Super (429 USD/T).
Bangladesh is not covered by FEWSNET. FEWSNET coverage is limited 14 African countries 1 Caribbean (Haiti) and 1 Central Asia (Afghanistan). Food security status is given for different parts of the country in each case.
SCALE OF HUNGER (% of Undernourishment)
FEWSNET
High (25-34%)
FAO Hunger Map classifies all countries of the world into five based on % of population undernourished.
Extremely alarming
Alarming
Serious
Moderate
Low
IFPRI/2010 GHI
www.foodsec.org
Bangladesh
Vegetation Condition
Normal to very good vegetation conditions are observed in the major part of the country. The general indicator of vegetation condition provided below is the relative difference between the NDVI for April 2011 and the average of the last 10 years, calculated on the agricultural zones derived from the GLOBCOVER 2005 database (ESA).
Crop phase in the reference period Sowing Growing Harvesting Rice (Aus) - Rice (Boro) - Wheat Potatoes - Rice (Boro) - Wheat Potatoes - Wheat
Government Policies
The Government has started to increase food distributions through its various Public Food Distribution Channels. It is helping the poor and ultra poor with subsidised rice distributions and ration cards.
Consumer and market oriented measures Producer oriented measures Trade policy measures Safety net (increased or introduced)
Different sources
Maintain stocks; Price control n.a. n.a. OMS; VDG; VGF; GR; EP
Source: UNHCR Statistical Online Population Database, United Nations High Commissioner for Refugees (UNHCR), Data extracted on 01/12/2010.
Source: Global Disaster Alert and Coordination System - 3 = 1000 or more people killed or 800000 or more people displaced. 2 = 100 or more people killed or 80000 or more displaced.