. EXPECTED RESULTS AND SIGNIFICANCEOF THE STUDY The expected results are categorized based onthe study objectives and stated by text, graph and table form.
All expectedresults and significance of the study are given below- 11.1:Status Potato Production in Bangladesh: Bangladesh is now one of the big potatoproducing country in the world and seventhranked in globallyand China, India, Russia, Ukraine, USA and Germany were ahead of Bangladesh. (FAO of United Nation-2013) andwithin a few years will also be big exporting country (MEGA Group-2016) in theworld. Around 10,00000 farmers engaged in potato cultivation and land sizearound 136332 ha(Banglapedia). Bangladeshfarmers get benefit by cultivation the potato then other crops. In recent year,potato land size and yield per hector increased. The potato production trendare given below in the figure-Figure-1:Potato production trend respectively in Bangladesh.
Source: FAOSTAT 2005. In thefigure revealed that every year, potato production increased in Bangladesh. Theclimate and soil condition for potato production in Bangladesh is good and dayby day farmers getting encouragement to produce the potato so increasing the.
potato production. 11.2:Local consumption of Potato in Bangladesh: According to the DAE, Directorate General ofFood (DGoF-2014), annual consumption demand for potato in the country is 6.5-7million tons and average annual production of potato in the Bangladesh isaround 10.4 million tons (The Daily Sun, 2017).
Potatois now the second staple food item of Bangladesh and per-person potatoconsumption rose to 10 times more than that were in 1980 said MatiaChowdhury, Agriculture Minister ( Prothom Alo, 30 Oct 2015). The country consumptions 7 million tons are countedthe direct consumption, seed for next year and post-harvest loss. Per yearpotato consumptions are increasing since population are increasing and changingthe habit to intake the potato. 11.3:Potato export from Bangladesh and Cash Incentives: Inthe country, 3.4 million tons potato surplus after meeting the localconsumption.
In addition, insufficient cold storage facility for storage the potato.The capacity of existing 400 cold storage are 5 million tons out of 10.4 million tons country production (bdnews24.
com. 10 February 2014). So potatoexport is essential for farmers and around 1000000 farmers engaged in potatocultivation. In respect ofquality, taste and price, Bangladesh potato are good competitive than otherAsia countries. Many countries areinterested to buy the potato from Bangladesh.
The main importing countries are UAE, Singapore, Malaysia, Sri Lanka, SaudiArabia, Oman, Vietnam, Philippine and Russia. Commerce Minister Tofail Ahmedsaid the Russian government has shown an interest as their annual demand toimport 1 lakh ton potato from Bangladesh. Pakistan and India meet the Russiademand earlier but now it banned due to high pest risks. Similarly, otherimporting countries are also interested to import the potato from Bangladesh. The potato export trend is increasing year to yearmentioned in figure-2. In Bangladesh, exports crossed the 70000tons mark for the first time in the fiscal 2014-15, rising threefold from only53982 tons in the previous year, according to the Department of AgriculturalExtension (DAE). This is a milestone. We want to perform better in the days tocome.
Potato is one of the main commercial crops grown all over the country. Thereasons behind the rising ofexportation of potato (DAE-2015) since low prices in the Figure-2:Potato exporting trend respectively in Bangladesh. Source: FAOSTAT 2005. domesticmarket. The exporting companies are able claim 20 percent cash incentive asgovernment exporting support for encouraging to increase the potato export. Theincrease potato export will effect to 1000000 farmers and earn the foreigncurrency.
11.4. Potato forIndustrial use InBangladesh, now started to produce the processed varieties like Lady Rosetta, Courage,Asterix, Atlas and Atlantic which contain high dry matter around 25% butcardinal and diamond contain 20%. Three flakes manufacturing companies and onestarch manufacturing companies in Bangladesh produce the flakes and starch fromthose varieties of potato and export to Europe and other countries. Nationallyand internationally increase demand of value added products like potato chips,French fries, starch and flakes.
Theflakes are used for preparing varied products including mashed potato, pasta,potato crackers and starch use in food processing, adhesive and textile sector. The four potato processing manufacturingcompanies export the finished products equal 20000 tones potato. 11.5. Analyze theCountries and Identify the International Markets Selectionfor international market for potato export is important. We know some countriesinterested to export the Bangladeshi potato but less aware of their annualrequirement and their expected variety. Bangladesh Government can help to takethe initiatives to find out the international market country.
Our competitorcountries are India, China and Pakistan so we should progress based on analyzethe competitor countries behavior and performance. We have experience to exportthe potato in the following countries so we can in-depth analyze their demandfor increasing the export volume for the countries.