Supply and demand situations for major crops and food items in Bangladesh

Authors

  • MEA Begum Agricultural Economics Division, Bangladesh Agricultural Research Institute (BARI), Joydebpur, Gazipur
  • Luc D'Haese Department of Bio-Engineering, Antwerp University, Middelheimcampus, Antwerp

Keywords:

Food supply and demand, Price and income elasticities

Abstract

This study explored historical food availability/supply and the market demand for food. Secondary data was used for analyzing demand-supply gap. The average growth in rice production was 2.9% per year in 1971/72 to 2008/09, of which 93% was contributed by yield growth. The overall growth rate of area under food grain was 0.3% in 1971/72 to 2008/09. The overall food grain production growth rate is higher than population growth rate from 1971/72 to 2008/09. The own price and income elasticities of rice were -0.108 and 0.199 respectively. It was projected that upto 2021, the annual demand for food exceed the supply of food which were -0.28% for rice and -1.76% for wheat. That implies the demands are greater than the supplies for both crops.

Keywords: Food supply and demand; Price and income elasticities

DOI: 10.3329/jbau.v8i1.6405

J. Bangladesh Agril. Univ. 8(1): 91-102, 2010
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How to Cite

Supply and demand situations for major crops and food items in Bangladesh. (2010). Journal of the Bangladesh Agricultural University, 8(1), 91-102. https://doi.org/10.3329/jbau.v8i1.6405

Issue

Vol. 8 No. 1 (2010)

Section

Economics and Rural Sociology

License

© 2003-2017 Bangladesh Agricultural University Research System.

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Journal of the Bangladesh Agricultural University is licensed under a Creative Commons Attribution 4.0 International License.

JBAU is an Open Access journal. All articles are published under the CC-BY license which permits the use, distribution and reproduction in any medium, provided the original work is properly cited.

How to Cite

Supply and demand situations for major crops and food items in Bangladesh. (2010). Journal of the Bangladesh Agricultural University, 8(1), 91-102. https://doi.org/10.3329/jbau.v8i1.6405