Cattle Market in Bangladesh

Cattle Market In Bangladesh

The cattle market in Bangladesh, particularly around the time of Eid-ul-Adha, is a significant economic and cultural event. Here are some key points about the cattle market in Bangladesh:

👉 1. Eid-ul-Adha Market 

Peak Season: The cattle market sees its peak activity during Eid-ul-Adha, the Islamic festival of sacrifice. This period, known locally as Qurbani Eid, witnesses a massive influx of cattle being brought to the markets for sale.

Animal Types: The markets feature various types of cattle including cows, goats, sheep, and buffaloes. 

👉 2. Market Locations

Major Markets: Dhaka, the capital city, has some of the largest cattle markets such as the Gabtoli market. Other notable markets include those in Chittagong, Khulna, and Sylhet.

Temporary Markets: Besides permanent markets, numerous temporary markets are set up across cities and towns to accommodate the high demand during Eid-ul-Adha.

👉3. Pricing and Economy

Price Fluctuations: Prices of cattle can vary significantly based on factors such as size, health, breed, and market demand. Prices generally increase as Eid approaches.

Economic Impact: The cattle market plays a crucial role in the rural economy, providing income for farmers, traders, and various service providers involved in transporting, feeding, and caring for the animals.

Basila Hat, Mohammadpur, Dhaka

👉 4. Supply Chain

Local vs. Imported: While many cattle are sourced locally from within Bangladesh, a substantial number of cattle are imported from neighboring countries like India and Myanmar.

Transportation: Efficient transportation networks are vital to move cattle from rural farming areas to urban markets. This includes road and river transport.

👉 5. Market Regulations

Health and Safety: Authorities implement various health and safety measures to ensure the well-being of the animals and prevent the spread of diseases.

Pricing Controls: Sometimes, government interventions are made to control pricing and prevent the exploitation of consumers.

👉 6. Challenges already face

Logistics: Transporting large numbers of cattle can be challenging due to infrastructure limitations and weather conditions.

Health Issues: Ensuring the health of the cattle through veterinary services is crucial but can be difficult, especially in temporary market setups.

Market Competition: Intense competition among sellers can lead to fluctuating prices and sometimes, fraudulent practices.

Dhaka Basila Hat

👉 7. Cultural Significance and Tradition

Religious Importance: The cattle market is intrinsically linked to religious practices, as the animals are bought for sacrificial purposes during Eid-ul-Adha.

Community Engagement: The markets are vibrant with cultural activities, making them a bustling hub of community engagement.

👉 8. Digital Influence

Online Markets: In recent years, online cattle markets have emerged, allowing people to buy cattle through digital platforms. This trend has gained more traction due to the COVID-19 pandemic, providing a safer and more convenient option.

The cattle market in Bangladesh, especially around Eid-ul-Adha, is a dynamic and integral part of the country's socio-economic fabric, reflecting both traditional practices and modern adaptations.

Livestock and Nutrition Stall

There are Livestock and Nutrition activities operated by the Ministry of Livestock.

Watch Now: Cattle Market

Have a look: Hat video

Just get an Idea: Eidul Adha Cattle Market

Remarks

Moreover, near Taka 80,000 crore cattle market with sales sacrificial animals being the main driver of this growth. Eid-ul-Adha mainly focuses on sacrificial animals, with most transactions involving their purchase.

information collected: YouTube, News, Ministry of Livestock.

Written by

Akhlaqur Rahman

Former Principal

National Hotel and Tourism Training

Institute, Dhaka

Bangladesh

Website: nhtti.gov.bd