Highest salt production in Bangladesh in 62 years

Published 2023년 6월 21일

Tridge summary

Bangladesh has set a new record in salt production, with a 22% increase from the previous year, reaching 2.232 million tonnes. This is despite challenges from Cyclone Mocha. The Bangladesh Small and Cottage Industry Corporation (BSCIC) believes the domestic demand will be met, but concerns about the stability of the salt market have been raised due to high prices and supply management issues. The average production per acre has increased due to prolonged drought conditions and an increase in farmers engaged in salt production. However, traders and mill owners have concerns about the wastage of approximately 15% of the field-level salt and the quality of the salt, with a higher percentage being malnourished this year due to harvesting within a shorter timeframe.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Bangladesh broke record for salt production this year, in a remarkable feat driven by favourable weather conditions. Farmers have surpassed last year's output by an impressive 22%, reaching a production level unseen in the past 62 years. Despite Cyclone Mocha posing challenges to the production target, the Bangladesh Small and Cottage Industry Corporation (BSCIC) remains optimistic that the domestic demand for salt will be met. However, concerns loom over the stability of the salt market as Eid-ul-Azha approaches. According to data provided by the BSCIC, salt production in 2022 amounted to 1.832 million tonnes. This year's production target was set at 2.385 million tonnes. Although falling short of the target, the recently concluded season witnessed an impressive output of 2.232 million tonnes, surpassing the previous year's figures by 489,000 tonnes, or 22%. Analysis of production data revealed that salt was cultivated in 66,424 acres of land during the 2023 season, indicating an ...
Source: DhakaTribune

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