Poland - Bananas - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Poland - Bananas - Market Analysis, Forecast, Size, Trends And Insights

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Banana Price in Poland - 2023

Contents:

  1. Banana Price in Poland (CIF) - 2023
  2. Banana Price in Poland (FOB) - 2022
  3. Banana Imports in Poland
  4. Banana Exports in Poland

Banana Price in Poland (CIF) - 2023

The average banana import price stood at $632 per ton in October 2023, with a decrease of -18.1% against the previous month. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 15% month-to-month. Over the period under review, average import prices hit record highs at $918 per ton in January 2023; however, from February 2023 to October 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Ecuador ($850 per ton), while the price for Colombia ($533 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 Guatemala (+2.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Banana Price in Poland (FOB) - 2022

The average banana export price stood at $922 per ton in 2022, surging by 6.5% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. Over the period under review, the average export prices attained the peak figure at $1,020 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Lithuania ($1,052 per ton) and Hungary ($951 per ton), while the average price for exports to Ukraine ($733 per ton) and Slovakia ($895 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+0.5%), while the prices for the other major destinations experienced a decline.

Banana Imports in Poland

In 2022, overseas purchases of bananas decreased by -10.3% to 469K tons, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +1.8% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 27% against the previous year. As a result, imports reached the peak of 563K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, banana imports amounted to $342M in 2022. The total import value increased at an average annual rate of +6.8% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 20%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Import of Banana in Poland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands0.180.470.5119959.7%
Germany0.340.551.346.9438.7%
Colombia69.269.234.445.9-12.8%
Belgium0.135.853.141.4645.3%
Ecuador10871.585.640.1-28.1%
Guatemala14.910.015.333.130.5%
Costa Rica38.313.713.72.8-58.2%
Panama19.3N/AN/AN/A0%
Others30.715.915.912.3-26.3%
Total2813373403426.8%

Top Suppliers of Banana to Poland in 2022:

  1. Netherlands (163.2K tons)
  2. Colombia (64.1K tons)
  3. Germany (62.4K tons)
  4. Ecuador (55.7K tons)
  5. Guatemala (53.3K tons)
  6. Belgium (49.3K tons)
  7. Costa Rica (4.3K tons)

Banana Exports in Poland

In 2022, overseas shipments of bananas decreased by -17.8% to 57K tons, falling for the second year in a row after two years of growth. Overall, exports recorded a noticeable shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 30% against the previous year. As a result, the exports reached the peak of 85K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, banana exports declined to $52M in 2022. Over the period under review, exports recorded a mild curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 29%. As a result, the exports reached the peak of $72M. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Banana in Poland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic12.715.814.319.916.1%
Hungary1.73.95.98.369.6%
Slovakia6.910.210.18.36.4%
Romania12.314.812.37.4-15.6%
Latvia12.57.97.14.1-31.0%
Lithuania6.38.27.21.2-42.5%
Germany1.69.91.90.9-17.5%
Ukraine0.10.20.30.791.3%
Others1.20.80.81.45.3%
Total55.471.559.852.4-1.8%

Top Export Markets for Banana from Poland in 2022:

  1. Czech Republic (22.0K tons)
  2. Slovakia (9.3K tons)
  3. Hungary (8.7K tons)
  4. Romania (7.9K tons)
  5. Latvia (4.5K tons)
  6. Lithuania (1.1K tons)
  7. Ukraine (1.0K tons)
  8. Germany (1.0K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the banana market in Poland. 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:

  • Poland

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Poland
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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