Eid al-Adha Sales Could Hit 4.8 Billion in 2019

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Bangladesh is going to celebrate its biggest sacrificial religious event of 2019 on 12 August. This year Eid market is 29% Bigger than the previous year, which could hit 5 Billion USD. Eid al-Adha is the second of two Islamic holidays celebrated worldwide each year and considered the holier of the two. people Sacrifice Cttale to honor the prophet Abraham and distribute the meat to the masses. 50% of Bangladesh Livestock GDP Comes from Eid Ul Azha, what provide Nutreatuin to 14% Extreme poor of this country.

Minimum Expected Sales in Eid ul Azha, 2019 , Bangladesh

Eid ul Adha 2019 SalesIn Corror of TakaIn Million USD
Cow Sales22,300 2.65 Billion USD
Goat Sales4,930 586 Million USD
Garments & Misclanous5,000595 Million USD
Electronics ( Refrigerator/Cooking )2500297 Million USD
Transport1500158.57 Million USD
Spies1500158 Million USD
Slaughtering Tools50059 Million USD
RAW Hides (Leather)45053 Million USD
Total40,000 Corror taka4.8 Billion USD

Government bans the import of sacrificial animals

This year Government banned cattle Import view that the country has sufficient cattle stock this year . the stock of sacrificial animals in Bangladesh was estimated at 1.18 crore this year, where around 1.05 Corror cattle would be sacrificed.

Ahsan H Mansur, executive director of the Policy Research Institute, estimates the size of the Eid-ul-Azha economy will be more than Tk 45,000 crore this year because of the stable economy. Former chairman of the National Board of Revenue, Abdul Majid said the Eid-ul-Azha economy this year will be bigger than the last one due to the government’s banning of cattle imports. “The money will go to the rural areas and that will have a significant impact on the rural economy,”

More To Read-

Eid economy to be 29pc bigger

Refrigerator sales jump ahead of Eid-ul-Azha | Dhaka Tribune


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