2024 Infographic: Livestock Market in Bangladesh
The holy Eid-ul-Adha brings a lot of happiness and enthusiasm. And Eid-ul-Adha means sacrifice, oblation, and surrender. Nowadays, going to the Qurbani Haat and buying it is a lot of trouble, especially amidst the scorching heat this year. This calls for the process of buying and selling sacrificial animals from home without hassle. Therefore, like in the past few years, sacrificial animals are also being traded from the classifieds platform this year keeping the customers in mind. Like every year, Bikroy has brought its flagship campaign ‘Birat Haat’, the pioneer of digital haat in Bangladesh, from the place of your trust and loyalty. From where you can comfortably buy and sell the desired animal per your requirements. Without further ado, let’s find out the trend of the sacrificial Qurbani Haat in Bangladesh this year based on the Bikroy data in 2024.
Livestock Listings by Location
Cattle sale ads are posted in different cities in Bangladesh. Most advertisements are posted from Dhaka, Rajshahi, Sylhet, Khulna, and Chittagong compared to other districts. Like last year, 36% of cows and goats from Dhaka have been advertised in the livestock listing section. As most of the animals are bought in Dhaka and the farm owners get the expected price, sellers are more interested in selling animals in Dhaka. That is why the advertisement rate is also higher in Dhaka than in other districts.
Khulna occupies the second place with 16% advertisement and Chittagong occupies the third place with 13% advertisement, same as last time. Besides, Sylhet has 12%, and Rajshahi has 11% advertisements. On the other hand, Barisal, Rangpur, and Mymensingh posted 4%, 4%, and 3% advertisements respectively. Like every year, this year too the ad posts are consistent which is a nice aspect.
Livestock Listings by Price Range
59% of the cattle ads posted on Bikroy in 2024 are priced between BDT 50,000 and BDT 2.5 lac. 29% of the animals are priced below BDT 50,000 which is within the purchasing power of the general public, and because of the high demand for relatively small animals, this price range offers more advertisements. 10% of premium quality qurbani animal ads are priced between BDT 2.5 lac and BDT 10 lac, and only 1% of qurbani animal ads are listed above BDT 10 lac.
Livestock Listings by Inventory
The number of ads for sacrificial animals in Bikroy is increasing every year as they can retain the trust and confidence of buyers and sellers. In 2021, 1,320 animals were sold from 8,147 advertisement posts. In 2022, the number of sold animals increased slightly to 1,754 from 8,652 advertisements. In 2023, the sold number increased to 2,000 animals from 9,000 ads. In 2024, so far 9,000 ads have been posted and 2,000 animals have been sold which is commendable.
Livestock Listings by Type
We observe Eid-ul-Adha by sacrificing animals. In the Bangladeshi context, cows and goats are mostly sacrificed as Qurbani animals. People are more interested in sacrificing cows than goats. According to Bikroy’s calculations, in 2024, 73% of advertisements are for cows and 27% for goats, the same percentage as last year.
Livestock Listings by Membership
According to Bikroy data, in 2024, 69% of advertisements are listed by non-members and members list 31% of ads. These data remain the same as in 2023.
The Most Expensive Cow of 2024
So far this year, an American cross Bahama cow from Sirajganj (Rajshahi Division) has been listed as the highest-value cattle on Bikroy. The price of this cow has been fixed at BDT 17 lac.
Conclusion
In keeping with this era of modern technological prosperity, both the need and popularity of online Qurbani Haats are increasing now, providing better results for the future. Above all, if you want to buy animals from online haats, you must be aware and sure about how to buy animals from trusted platforms. And the same applies to buying animals directly from the physical haats.
Bikroy wishes all customers and their families in advance Happy Eid-ul-Adha. Eid Mubarak!