
France - Bananas - Market Analysis, Forecast, Size, Trends and Insights
France's Banana and Plantain Price Reduces 4% to $943 per Ton
France Banana and Plantain Import Price in August 2022
In August 2022, the banana and plantain price stood at $943 per ton (CIF, France), shrinking by -4.4% against the previous month. Over the period from January 2022 to August 2022, it increased at an average monthly rate of +1.3%. The pace of growth appeared the most rapid in March 2022 when the average import price increased by 11% month-to-month. Over the period under review, average import prices reached the peak figure at $1,012 per ton in May 2022; however, from June 2022 to August 2022, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Spain ($2,114 per ton), while the price for Cameroon ($763 per ton) was amongst the lowest.
From January 2022 to August 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.
France Banana and Plantain Imports
Banana and plantain imports into France stood at 55K tons in August 2022, with an increase of 1.7% on the previous month. Over the period under review, imports, however, recorded a mild slump. The pace of growth was the most pronounced in February 2022 with an increase of 18% month-to-month. Over the period under review, imports reached the peak figure at 73K tons in April 2022; however, from May 2022 to August 2022, imports remained at a lower figure.
In value terms, banana and plantain imports shrank to $51M (IndexBox estimates) in August 2022. Overall, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in February 2022 with an increase of 23% m-o-m. Imports peaked at 73K tons in April 2022; however, from May 2022 to August 2022, imports stood at a somewhat lower figure.
France Banana and Plantain Imports by Country
Cote d'Ivoire (17K tons), Colombia (9.9K tons) and Belgium (8.2K tons) were the main suppliers of banana and plantain imports to France, together comprising 64% of total imports.
From January 2022 to August 2022, the biggest increases were in Colombia (with a CAGR of +5.0%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, the largest banana and plantain suppliers to France were Cote d'Ivoire ($13M), Spain ($8.4M) and Belgium ($8M), with a combined 57% share of total imports. Colombia, the Netherlands, Ghana, Cameroon and Italy lagged somewhat behind, together comprising a further 38%.
In terms of the main suppliers, Colombia, with a CAGR of +6.8%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the banana and plantain market in France. 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 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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