Medium and Long-Term Projections of Foodgrain Demand, Supply and Trade Balance in Bangladesh

Quazi Shahabuddin and Sajjad Zohir
Additional contact information
Sajjad Zohir: Senior Research Fellow, Bangladesh Institute of Development Studies (BIDS)

Bangladesh Development Studies, 1995, vol. 23, issue 3-4, 21-45

Abstract: The shape of development in the medium to long-term is most likely to be influenced in a significant way by the dynamics of foodgrain demand-supply balance in the country. A consistent framework for projection of medium and long-term demand and supply of foodgrains in Bangladesh has, therefore, been developed in this paper. The analysis involves a prospective view of future demand for rice and wheat, and the growth of foodgrain production, particularly rice under increasing resource constraints. Alternative projections of foodgrain supply, demand and trade balance in year 2000 and beyond (upto year 2020) are presented in the paper. The exercise demonstrates that Bangladesh is expected to produce, under favourable conditions, enough rice to meet domestic demand, but would be unable to export regular varieties of rice due to its inability to generate surplus at a internationally competitive price. The prospect of export of aromatic varieties of rice, however, seems quite encouraging. Import of wheat (ranging between about one million ton in 2000 to about two million tons in 2020) will need to continue. The policy implications of alternative projection scenario have been spelt out in the paper.

Keywords: Rice; Income elasticity of demand; Supply and demand; Imports; Agricultural prices; Irrigation canals; Market prices; Balance of trade; Domestic prices (search for similar items in EconPapers)
JEL-codes: A12 (search for similar items in EconPapers)
Date: 1995
References: Add references at CitEc
Citations: View citations in EconPapers (3)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ris:badest:0343

Access Statistics for this article

Bangladesh Development Studies is currently edited by Dr. Binayak Sen

More articles in Bangladesh Development Studies from Bangladesh Institute of Development Studies (BIDS) E-17, Agargaon, Sher-E-Bangla Nagar, Dhaka 1207. Contact information at EDIRC.
Bibliographic data for series maintained by Meftaur Rahman, Cheif Publication Officer, BIDS (meftaur@bids.org.bd).