A Roadmap of Strategy Development on Stabilizing the Market Condition for Agricultural Commodities of Bangladesh
Client: Department of Agricultural Marketing (DAM), Ministry of Agriculture, Government of Bangladesh
Our Valuable Client's Project
The Roadmap of Strategy Development on Stabilizing the Market Condition for Agricultural Commodities of Bangladesh, conducted in partnership with the Department of Agricultural Marketing (DAM) from January to May 2023, aimed to address key challenges in the agricultural supply chain. Through mixed-method research, the project identified the roles and influence of market actors in product distribution and price determination. A strategic framework was developed to provide actionable insights and plans to mitigate issues such as price hikes and supply shortages, leveraging both real-time and research data to ensure market stability and improve the flow of agricultural commodities from producers to consumers.
Project Objectives
- Conduction of a mixed method research to understand the challenges in product channelling from producers to consumers
- Identification of market actors and their influence in product channelling from producers to consumers and in price determination
- Development of strategic framework to generate contextual understanding and action plan to counter price hike, low supply and other relevant challenges based on real time data and research data
Project Output
Comprehensive analysis and tailored recommendations have significantly contributed in the process of stabilizing the agricultural commodity market and managing stakeholder relationships nationwide based on the primary and secondary data found in a mixed method research. A step-by-step action plan for policy implementation was provided to ensure effective execution of the recommendations.