16 Challenges/Risks/Problems of Agribusiness in Bangladesh

Problems of Agribusiness in Bangladesh

Challenges/Risks/Problems of Agribusiness in Bangladesh

Challenges/Risks/Problems of Agribusiness in Bangladesh are given below.

  1. Lack of quality control mechanisms and standardization of products.
  2. Inadequate port facility.
  3. Inadequate air freight space for export of perishables.
  4. Irregular power supply.
  5. Inadequate market information
  6. Inadequate supply of good quality seeds/fingerlings/DOC/breed.
  7. Indiscriminate use of chemical fertilizer reducing soil fertility. 
  8. High level of post-harvest loss (10-38%).
  9. Inadequate cold storage facility for vegetables.
  10. Lack of packaging facility to meet up the international standards.
  11. Lack of knowledge of industry about EurepGap, HACCP.
  12. The reluctance of financial institutions to finance agribusiness.
  13. Inadequate air space for fresh product export.
  14. The limited capacity of the Bangladesh Standard Testing Institute for standard-setting and monitoring.
  15. The major challenge for the agribusiness sector of Bangladesh especially for the export market would be compliance with the SPS requirements.
  16. Threat to small farmers due to irregular supply of raw materials.

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