World - Bananas - Market Analysis, Forecast, Size, Trends and Insights
Banana Market - Ecuador Is the World's Leading Exporter of Bananas, with $2.6B (2014)
Ecuador dominates in the global banana trade, significantly strengthening its position in the global export structure from 18.5% in 2007 to 31.7% in 2014. It supplied 20.8% of its total exports on the banana market into the Russian Federation in 2014, accounting for 98.2% of the Russian Federation's total imports.
Overall, the global banana trade reached 8.3 billion USD, with a CAGR of 2.3% from 2007 to 2014. In physical terms, it showed steady growth, rising from 18.8 million tonnes in 2007 to 21.1 million tonnes in 2014.
In 2014, the U.S. (20.8%), Belgium (12.2%), Germany (9.1%), the United Kingdom (6.7%) and China (6.6%) were the leading destinations of banana imports, together making up 55.4% of global imports. The share of China increased significantly (+5.5 percentage points).
Ecuador and Belgium were the main global suppliers of bananas in 2014 with a combined share of 47.9% of global exports. However, the fastest growing exporters from 2007 to 2014 were Mexico (+36.6% per year) and the Dominican Republic (+23.7% per year).
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Source: IndexBox AI Platform
This report provides an in-depth analysis of the global banana market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.
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A Quick Overview of Market Performance
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Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
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The Latest Trends and Insights into The Industry
The Largest Importers on The Market and How They Succeed
The Largest Exporters on The Market and How They Succeed
The Largest Producers on The Market and Their Profiles
The Largest Markets And Their Profiles
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