Banana and Plantain Market

Banana and plantain market: get the most recent facts and figures empowered by an Ai-driven market intelligence tool. Facts and figures contain companies, market size, imports, market prices, exports, consumption, production, and trade. Here is a split by region, including the Middle East, the U.K., Africa, EU, Russia, China, Latin America, and the U.S. Market trends and outlook to 2030 are also provided in the dashboards.


Get FREE access to the latest data and statistics on the Banana and Plantain Market.

Banana and Plantain - World's Largest Markets

RatingCountry
1India
2Uganda
3China
4Democratic Republic of the Congo
5Philippines

In value terms, India, Uganda and China appeared to be the countries with the highest levels of market value in 2021, with a combined 33% share of the global market. These countries were followed by Democratic Republic of the Congo, the Philippines, Tanzania, Indonesia, Ghana, Cameroon, Nigeria, Angola, the United States and Brazil, which together accounted for a further 30%.

In terms of the main consuming countries, the Philippines saw the highest growth rate of market size, over the period under review, while banana and plantain market for the other global leaders experienced more modest paces of growth.

Banana and Plantain Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201920202021CAGR,
2019-2021
USD per tonne
Guatemala551544334-22.1%
Colombia465455464-0.1%
Mexico544535501-4.0%
Honduras511508510-0.1%
Philippines688754655-2.4%
Ecuador663656659-0.3%
Costa Rica6746806770.2%
Cote d'Ivoire7397427400.1%
United States7307267702.7%
Belgium8507928520.1%
Dominican Republic8769008870.6%
Panama969948958-0.6%
Netherlands8429319647.0%
Average656657629-2.1%

Prices varied noticeably by the country of origin; the country with the highest price was the Netherlands ($964 per tonne), while Guatemala ($334 per tonne) was amongst the lowest.

From 2019 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY201920202021CAGR,
2019-2021
USD per tonne
Belgium997958906-4.7%
France8038418935.5%
Japan917925884-1.8%
Germany7507727791.9%
Canada7097077492.8%
Netherlands53881674717.8%
Russia740737739-0.1%
United Kingdom6947037342.8%
Italy687654661-1.9%
Poland6376006511.1%
United States5455515571.1%
China564534550-1.2%
Argentina3493983753.7%
Average6496586671.4%

Prices varied noticeably by the country of destination; the country with the highest price was Belgium ($906 per tonne), while Argentina ($375 per tonne) was amongst the lowest.

From 2019 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands, while the other global leaders experienced more modest paces of growth.

Banana and Plantain - Top Importers

COUNTRY201920202021CAGR,
2019-2021
billion USD
United States2.82.82.80.8%
Germany111.14.7%
Netherlands0.41.11.161.8%
Russia1.11.11.1-1.8%
Belgium1.31.21-9.2%

In value terms, the United States ($2.8B) constitutes the largest market for imported bananas and plantains worldwide, comprising 17% of global imports. The second position in the ranking was occupied by Germany ($1.1B), with a 6.8% share of global imports. It was followed by the Netherlands, with a 6.7% share.

From 2019 to 2021, the average annual growth rate of value in the United States was relatively modest. In the other countries, the average annual rates were as follows: Germany (+4.7% per year) and the Netherlands (+61.8% per year).

Banana and Plantain - Top Exporters

COUNTRY201920202021CAGR,
2019-2021
billion USD
Ecuador4.24.34.20.4%
Costa Rica1.71.81.81.6%
Philippines21.61.1-24.0%
Guatemala1.51.40.9-21.2%
Colombia0.910.9-1.4%

In value terms, Ecuador ($4.2B) remains the largest banana and plantain supplier worldwide, comprising 29% of global exports. The second position in the ranking was occupied by Costa Rica ($1.8B), with a 12% share of global exports. It was followed by the Philippines, with a 7.6% share.

In Ecuador, banana and plantain exports remained relatively stable over the period from 2019-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Costa Rica (+1.6% per year) and the Philippines (-24.0% per year).

Banana and Plantain - Market Forecast

Driven by increasing demand for banana and plantain worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to accelerate, expanding with an anticipated CAGR of for the period from 2021 to 2030, which is projected to bring the market volume to by the end of 2030.

Banana and Plantain - Top Companies

Tianjin Huilian Food Co.,Ltd., Chiquita Brands International, Inc., RAUCH Fruchtsäfte GmbH & Co OG, Dole Food Company, Inc., Dole Food Company, Inc., ENZAFRUIT NEW ZEALAND INTERNATIONAL LIMITED, Xinyang Shihe District Shihegang Peach Farm Chinese Chestnut Specialty Cooperati ve, Dalian Faxing Food Co., Ltd., DOLE PHILIPPINES, INC., SUNBEAM FOODS PTY LTD, MILDURA FARMERS COMPANY PTY. LTD., ANGAS PARK FRUIT COMPANY PTY. LIMITED, SUNBEAM FOOD HOLDINGS PTY LTD, SUNBEAM FOODS GROUP LIMITED, Dhm Holding Company, Inc, Sanya Haitangwan Jinong Planting & Breeding Farmer Specialty Cooperative, Basic American, Inc., Basic American, Inc., Coffee Plantations Development Enterprise, Döhler Holland B.V.

Banana and Plantain - Product Coverage

  • HS 0803 - Bananas, including plantains; fresh or dried
Store
Blog
Event
World - Bananas - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the global banana and plantain market.

Africa - Bananas - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the banana and plantain market in Africa.

Latin America and the Caribbean - Bananas - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the banana and plantain market in Latin America and the Caribbean.

Eastern Asia - Bananas - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the banana and plantain market in Eastern Asia.

South-Eastern Asia - Bananas - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the banana and plantain market in South-Eastern Asia.

Australia and Oceania - Bananas - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the banana and plantain market in Australia and Oceania.

Northern America - Bananas - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the banana and plantain market in Northern America.

Southern Asia - Bananas - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the banana and plantain market in Southern Asia.

Middle East - Bananas - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the banana and plantain market in the Middle East.

Central Asia - Bananas - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the banana and plantain market in Central Asia.

Category
Geography

Nothing found. Please try again.


Nothing found. Please try again.
Ready to Get Started?
We can help you conduct market research and write a report using the most reliable data