Sacrificial animal to sell Tk.80b

Sacrificial animal to sell Tk.80b

Eid-ul-Adha, the Muslim festival of sacrifice, has been witnessing a yearly increase in trade activity. The market surrounding this Eid in the country is currently valued at around Tk80,000 crore, with sales of sacrificial animals being the main driver of this growth.
Eid-ul-Adha mainly focuses on sacrificial animals, with most transactions involving their purchase. Other significant trades include electronics, spices, beverages, leather goods, clothing, and confectionery, according to data from relevant authorities and traders.
According to the Department of Livestock Services, in 2023, sales of various sacrificial animals, including cows, goats, sheep, buffaloes, and camels, reached around Tk65,000 crore. This represents a 54% increase from 2017, when the market was around Tk42,000 crore.