Eid ul Adha is one of the most significant Islamic festivals in Bangladesh. Beyond its religious importance, it also serves as a major economic event. Every year, thousands of Muslims perform Qurbani-the ritual sacrifice of animals such as cows, goats, and sheep.
This religious tradition drives a massive wave of seasonal economic activity centred around livestock. In the months leading up to Eid, rural farmers rear animals with the aim of making a profit. It is estimated that almost 20 millions animals are traded during this period, generating billions of taka in economic transactions. For many farmers, this is the most profitable time of the year and often constitutes their primary source of income.
Temporary cattle markets set up ahead of Eid become bustling economic hubs. These markets create seasonal employment opportunities for traders, transporters, labourers, and butchers, further contributing to local economies. Blacksmiths become very busy with making knives and billhooks. Ancillary industries-such as veterinary services, livestock feed suppliers, and hide processing businesses-also benefit from this seasonal boom, making the Eid economy multi-layered and far-reaching.
However, this seasonal livestock sector also faces several challenges, including price fluctuations, inadequate animal welfare standards, and environmental concerns related to waste management. Moreover, illegal cattle imports from neighbouring countries continue to undermine the earnings of local animal rearers. If such practices are addressed through strict legal enforcement, domestic traders would have greater opportunities to thrive and expand this vital sector.
There is also a growing need to modernise cattle markets with better infrastructure, digital payment options, and proper sanitation to ensure a smoother and more transparent trading experience. Public awareness campaigns on ethical animal treatment and environmentally safe disposal of waste could further enhance the sustainability of this practice.
Ultimately, Eid ul Adha is not only a religious observance but also a powerful economic engine for Bangladesh-one that deserves strategic support and better regulation to unlock its full potential.
Bipa Khandoker
Student, BBA
North South University
bipa.khandoker@northsouth.edu
