webinar update on the south asia pulse market
TRANSCRIPT
WEBINAR AGENDA
2
AEST Agenda
1500 – 1502 pm Webinar commences and Opening by P S Krishnan, Head of Marketing – South Asia, Austrade
1502 – 1507 pm Overview by Sam Guedouard, Adviser - Food & Agribusiness, Austrade
1507 – 1517 pm Australian Government initiatives & priorities for pulses exports to South Asia by Dr Nora Galway, Counsellor
(Agriculture), Australian High Commission, New Delhi
1517 – 1527 pm Overview of Pulses Market in Pakistan by Bilal Doni, Director, Doni Group
1527 – 1537 pm Overview of Pulses Market in Bangladesh by Fahim Wahab, Ghazi Commodities Limited
1537 – 1558 pm Q&A / Interaction
1600 pm Webinar concludes
Commodity 2016 2017 20182019
(expected)
Desi Chickpeas 300,000 300,000 350,000 400,000
Kabuli Chickpeas 60,000 60,000 75,000 40,000
Red Lentils 15,000 15,000 15,000 10,000
Yellow Peas 0 0 0 0
Black Matpe 3,000 4,000 4,000 4,000
Pakistan Pulses Production (Mtons)
Commodity 2016 2017 20182019
(expected)
Desi Chickpeas 155,000 420,000 215,000 100,000
Kabuli Chickpeas 170,000 180,000 200,000 225,000
Red Lentils 127,000 96,000 89,000 100,000
Yellow Peas 217,000 206,000 200,000 225,000
Black Matpe 64,000 86,000 67,000 75,000
Pakistan Pulses Import (Mtons)
Current Market Scenario (International Market CNF Karachi)
• Australian Desi Chickpeas (2017/18) - $550/mt
• Australian Desi Chickpeas (2018/19) - $590/mt
• Australian Nugget Lentils - $455/mt
• Australian Nipper Lentils - $455/mt
• Australian Kabuli Chickpeas 7/8MM - $510/mt
Current Market Scenario (Local Market Equivalent)
• Australian Desi Chickpeas (2017/18) - $530/mt
• Australian Desi Chickpeas (2018/19) - N/A
• Australian Nugget Lentils - $450/mt
• Australian Nipper Lentils - $450/mt
• Australian Kabuli Chickpeas 7/8MM – N/A
Trade Opportunities and Threats(Pakistan and Australia)
• Historically decent import volume from Australia
• Substitute origins of pulses
• Price sensitivity of pulses importers
HOME PAGEWWW.GRAINSBAZAAR.COM
1. Real-Time Pricing
2. Currency Conversion
3. Price Change
PRICE CHARTS
1. Local and International Price Charts
2. 52 Week high / low prices
3. Cumulative Import Volume
How to get started?
1. Visit www.grainsbazaar.com
2. Register as a New User
3. Follow and Contribute
Bangladesh Pulses Market:
An Overview
Fahim WahabGhazi Commodities [email protected]
Austrade Pulses Webinar
18 June 2019
Ghazi Commodities
Limited
Ghazi Commodities
Limited
Geography:
- Bangladesh is a delta formed
from 230 rivers.
- Terrain is mostly flat alluvial plain;
hilly in southeast
Area:
- Total: 148,460 sq km
- Land: 130,170 sq km
- Water: 18,290 sq km
Population:
- Eighth most populous nation
- 159,453,001 (July 2018 est.)
Economy:
- GDP @ official exchange rate
= $261.5 billion (2017 est.)
- Bangladesh's economy has
grown roughly 6% per year
since 2005.
- The IMF calculates
Bangladesh’s economy
growing to $322bn by 2021.
GDP composition, by sector of
origin:
- Agriculture: 14.2% (2017 est.)
- Industry: 29.3% (2017 est.)
- Services: 56.5% (2017 est.)
Source: CIA The World Factbook
Bangladesh: Key Highlights
Ghazi Commodities Limited
Estimated Consumption of Pulses in BangladeshTrade estimates the Annual Consumption of all Pulses in Bangladesh = 1.2 Million MT to 1.3 Million MT, off which:
Yellow Peas
450K - 550K
Entirely imported
Major Origins:
Canada
Russia/Ukraine
Consumption:
35% = Whole
45% = Dall
20% = Flour
Desi Chick Peas
200K - 230K
Entirely imported
Major Origins:
Australia & Myanmar
Consumption:
65% - 70% = Whole
30-35% = Dall
(Split & Football) &
Flour
Red Lentils
400K
100K locally produced
300K imported
Major Origins:
Australia
Canada
Consumption:
Almost entirely processed
into Football
Others:
120K - 150K
Green Mung Beans
Black Matpe
Toor
Other peas & beans
Mostly produced locally.
Any shortfall imported
from Myanmar & India
Ghazi Commodities Limited
Name of Crop 2014-15 2015-16 2016-17
Area
(Acres)
Product
ion (MT)
Area
(Acres)
Product
ion (MT)
Area
(Acres)
Product
ion (MT)
Gram (Desi
Chickpeas)
17,468 6,672 15,026 6,382 14,615 6,237
Arhar (Toor) 1,421 603 1,331 566 1,275 552
Masur (Red Lentil) 359,367 167,261 381,653 158,228 382,224 168,837
Motor (Peas) 18,749 7,385 17,931 7,372 17,497 7,191
Green Gram (GMB) 96,076 32,737 101,566 36,954 102,311 34,783
Black Gram (BMP) 96,264 33,400 98,006 35,151 102,838 39,187
Kheshari (Vetch) 277,621 120,714 280,415 122,408 276,829 119,344
Total 866,966 368,772 895,928 367,061 897,589 376,131
Estimate of Pulses Acreage & Production
2014-15 to 2016-17
Source: Yearbook of Agricultural Statistics-2017, 29th Series, April 2018, Bangladesh Bureau of Statistics (BBS)
Ghazi Commodities
LimitedDesi Chick Peas
- 40% to 50% of annual demand
consumed during Ramadan.
- In Bangladesh Chickpeas is
consumed whole – with the skin.
- Trade is very sensitive to small
variances in seed size and colour of
seed coat.
- Uniform seed coat colour and seed
size is very important.
Ghazi Commodities
LimitedWhole Red Lentils
- Bangladesh prefers extra small lentils size.
- Consumers buy football only, and splits are used
by HoReCa segment.
- The local origin lentil has a big premium over
imported lentils due to small size and preferred
taste.
- Main origins are Australia (nipper / nipper type) &
Canada (crimson / crimson type), but Russia &
CIS are origins showing future potential.
- Millers are generally willing to pay premium $15 -
$20 for Australian Nippers. Any higher and they
switch over to Crimson.
Ghazi Commodities
LimitedConclusion
- Kaspa Peas – South Australian Origin – is a niche demand.
- Bangladesh will always have demand for pulses, unlike India & Pakistan,
where self sufficiency is possible. Demand expected to grow
proportionally to income and population growth.
- Business is conducted through Letter of Credit. This is a mandatory rule
set by the Government of Bangladesh.
Thank you!