Uruguay - Bananas and Plantains - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBanana and Plantain Price in Uruguay - 2022
Contents:
- Banana and Plantain Price in Uruguay (CIF) - 2022
- Banana and Plantain Price in Uruguay (FOB) - 2022
- Banana and Plantain Imports in Uruguay
- Banana and Plantain Exports in Uruguay
Banana and Plantain Price in Uruguay (CIF) - 2022
In 2022, the average banana and plantain import price amounted to $622 per ton, increasing by 76% against the previous year. Over the period under review, import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, banana and plantain import price increased by +81.1% against 2018 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Ecuador ($951 per ton), while the price for Paraguay ($492 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Paraguay (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Banana and Plantain Price in Uruguay (FOB) - 2022
The average banana and plantain export price stood at $2,739 per ton in 2022, increasing by 16% against the previous year. In general, the export price continues to indicate a strong increase. The pace of growth appeared the most rapid in 2015 when the average export price increased by 85% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for the UK.
From 2012 to 2022, the rate of growth in terms of prices for Maldives amounted to +35.8% per year.
Banana and Plantain Imports in Uruguay
After three years of growth, supplies from abroad of bananas and plantains decreased by -2.5% to 53K tons in 2022. In general, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 3.6%. As a result, imports reached the peak of 54K tons, and then shrank in the following year.
In value terms, banana and plantain imports surged to $33M in 2022. Over the period under review, imports, however, continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Banana and Plantain in Uruguay (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 8.4 | 9.3 | 10.8 | 17.2 | 27.0% |
| Ecuador | 9.0 | 7.7 | 7.4 | 13.4 | 14.2% |
| Paraguay | 0.1 | 0.4 | 0.3 | 1.3 | 135.1% |
| Bolivia | 0.8 | 0.8 | 0.4 | 0.7 | -4.4% |
| Others | 0.1 | 0.1 | N/A | N/A | 0.0% |
| Total | 18.3 | 18.2 | 19.0 | 32.6 | 21.2% |
Top Suppliers of Banana and Plantain to Uruguay in 2022:
- Brazil (34.4K tons)
- Ecuador (14.1K tons)
- Paraguay (2.6K tons)
- Bolivia (1.3K tons)
Banana and Plantain Exports in Uruguay
In 2022, overseas shipments of bananas and plantains decreased by -28.1% to 26 tons, falling for the second consecutive year after two years of growth. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +5.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -36.9% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 83% against the previous year. As a result, the exports attained the peak of 41 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, banana and plantain exports contracted sharply to $71K in 2022. Overall, exports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 63%.
| Export of Banana and Plantain in Uruguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 34.3 | 27.6 | 81.3 | 70.8 | 27.3% |
| Spain | N/A | 34.3 | N/A | N/A | 0% |
| Others | 4.1 | 0.9 | 3.2 | N/A | -11.7% |
| Total | 38.5 | 62.8 | 84.6 | 70.8 | 22.5% |
Top Export Markets for Banana and Plantain from Uruguay in 2022:
- United Kingdom (25.8 tons)
This report provides an in-depth analysis of the banana and plantain market in Uruguay. 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.
Product coverage:
- FCL 486 - Bananas
- FCL 489 - Plantains
Country coverage:
- Uruguay
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Uruguay
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the banana and plantain market in Uruguay.
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This report provides an in-depth analysis of the plantain market in Uruguay.
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This report provides an in-depth analysis of the banana market in Uruguay.
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This report provides an in-depth analysis of the global banana and plantain market.
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This report provides an in-depth analysis of the global plantain market.
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This report provides an in-depth analysis of the global banana market.
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This report provides an in-depth analysis of the banana and plantain market in Uruguay.
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This report provides an in-depth analysis of the plantain market in Uruguay.
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This report provides an in-depth analysis of the banana market in Uruguay.
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This report provides an in-depth analysis of the global banana and plantain market.
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The global banana market revenue amounted to $58.5B in 2017, therefore, remained relatively stable against the...
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The global banana market revenue amounted to $X in 2017, flattening at the previous year. Overall, the total market indi...
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The global banana consumption stood at $X in 2016, which was X% more than the year before. This figure reflects total revenue of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be incl
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Global banana consumption amounted to X thousand tons in 2015, going up by +X% against the previous year level.
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Global banana exports amounted to X thousand tons in 2015, reducing by -X% against the previous year level.
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Global banana imports amounted to X thousand tons in 2015, approximately equating the previous year level.
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Global banana production amounted to X thousand tons in 2015, rising by +X% against the previous year level.
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Global banana market had total revenues of X million USD in 2015, seesawing over the last three years, after a steady growth from 2007 to 2012.
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The decline in banana imports from abroad is linked to the problems currently being faced by growers in Guatemala and Honduras: they were forced to use chemicals to save the harvest crop.
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Ecuador dominates in the global banana trade, significantly strengthening its position in the global export structure from X% in 2007 to X% in 2014. It supplied X% of its total banana exports into the Russian Federation in 2014, accounting for
