France - Bananas - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBanana Price in France - 2023
Contents:
- Banana Price in France (CIF) - 2023
- Banana Price in France (FOB) - 2023
- Banana Imports in France
- Banana Exports in France
Banana Price in France (CIF) - 2023
In October 2023, the average banana import price amounted to $943 per ton, declining by -9.2% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 an increase of 10% m-o-m. Over the period under review, average import prices reached the maximum at $1,144 per ton in April 2023; however, from May 2023 to October 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Cote d'Ivoire ($1,019 per ton), while the price for Costa Rica ($679 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Belgium (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Banana Price in France (FOB) - 2023
In October 2023, the average banana export price amounted to $2,339 per ton, picking up by 170% against the previous month. Overall, the export price posted a resilient expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of destination: the country with the highest price was the UK ($2,507 per ton), while the average price for exports to Singapore ($1,532 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+2.7%), while the prices for the other major destinations experienced more modest paces of growth.
Banana Imports in France
Banana imports into France rose slightly to 785K tons in 2022, picking up by 2.9% compared with 2021 figures. The total import volume increased at an average annual rate of +5.3% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 8.4% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, banana imports expanded slightly to $705M in 2022. The total import value increased at an average annual rate of +9.5% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 15% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the immediate term.
| Import of Banana in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cote d'Ivoire | 214 | 183 | 205 | 196 | -2.9% |
| Belgium | 1.1 | 184 | 165 | 148 | 412.4% |
| Spain | 8.7 | 26.4 | 69.8 | 99.2 | 125.1% |
| Netherlands | 2.0 | 39.9 | 68.2 | 95.8 | 263.2% |
| Colombia | 43.1 | 33.0 | 39.9 | 66.5 | 15.6% |
| Ghana | 30.4 | 19.5 | 29.1 | 26.7 | -4.2% |
| Cameroon | 45.5 | 18.3 | 21.2 | 21.9 | -21.6% |
| Costa Rica | 51.5 | 8.4 | 16.4 | 14.4 | -34.6% |
| Ecuador | 50.3 | 2.6 | 3.5 | 2.8 | -61.8% |
| Dominican Republic | 72.0 | N/A | N/A | N/A | 0% |
| Others | 18.9 | 76.2 | 62.7 | 34.5 | 22.2% |
| Total | 537 | 592 | 682 | 705 | 9.5% |
Top Suppliers of Banana to France in 2022:
- Cote d'Ivoire (232.9K tons)
- Belgium (164.4K tons)
- Netherlands (108.9K tons)
- Colombia (96.7K tons)
- Spain (56.1K tons)
- Ghana (32.3K tons)
- Cameroon (26.3K tons)
- Costa Rica (22.9K tons)
- Ecuador (3.3K tons)
Banana Exports in France
Banana exports from France amounted to 236K tons in 2022, increasing by 6.5% on 2021. The total export volume increased at an average annual rate of +4.6% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 22%. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, banana exports expanded significantly to $174M in 2022. The total export value increased at an average annual rate of +6.2% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 20% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.
| Export of Banana in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 68.6 | 59.0 | 68.8 | 77.7 | 4.2% |
| Germany | 2.9 | 21.5 | 22.2 | 28.3 | 113.7% |
| Italy | 24.1 | 9.4 | 13.8 | 18.9 | -7.8% |
| Netherlands | 1.2 | 2.6 | 8.1 | 13.3 | 123.0% |
| Romania | 12.6 | 7.4 | 12.2 | 11.4 | -3.3% |
| Czech Republic | 8.2 | 3.5 | 5.8 | 5.5 | -12.5% |
| Poland | 7.1 | 2.4 | 6.2 | 5.4 | -8.7% |
| Portugal | 2.9 | 10.4 | 2.6 | N/A | -5.3% |
| Others | 18.0 | 12.9 | 15.5 | 14.0 | -8.0% |
| Total | 146 | 129 | 155 | 174 | 6.0% |
Top Export Markets for Banana from France in 2022:
- Spain (107.9K tons)
- Germany (33.6K tons)
- Italy (25.5K tons)
- Romania (17.9K tons)
- Netherlands (16.1K tons)
- Poland (8.9K tons)
- Czech Republic (7.9K tons)
This report provides an in-depth analysis of the banana 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.
Product coverage:
- FCL 486 - Bananas
Country coverage:
- France
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in France
- 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.
-
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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From April 2023 to July 2023, the import growth of bananas failed to regain momentum. The value of banana imports sharply declined to $58M in July 2023.
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In November 2022, the banana and plantain price amounted to $1,019 per ton (CIF, France), standing approximately at the previous month.
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In August 2022, the banana and plantain price stood at $943 per ton (CIF, France), shrinking by -4.4% against the previous month.
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Global banana exports amounted to X thousand tons in 2015, reducing by -X% against the previous year level.
