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Argentina - Bananas - Market Analysis, Forecast, Size, Trends and Insights
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Argentina: Banana And Plantain Market Overview 2021

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Banana And Plantain Market Size in Argentina

The Argentinian banana and plantain market shrank remarkably to $X in 2019, with a decrease of -X% against the previous year. Overall, the total consumption indicated moderate growth from 2007 to 2019: its value decreased at an average annual rate of -X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption decreased by -X% against 2017 indices. The pace of growth appeared the most rapid in 2014 when the market value increased by X% y-o-y. Banana and plantain consumption peaked at $X in 2017; however, from 2018 to 2019, consumption failed to regain the momentum.

Banana And Plantain Production in Argentina

In value terms, banana and plantain production reached $X in 2019 estimated in export prices. Over the period under review, production continues to indicate a pronounced downturn. The growth pace was the most rapid in 2016 when the production volume increased by X% year-to-year. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2019, production failed to regain the momentum.

In 2019, the average banana and plantain yield in Argentina stood at X tonnes per ha, remaining stable against 2018 figures. Overall, the yield saw a relatively flat trend pattern. The growth pace was the most rapid in 2010 when the yield increased by X% year-to-year. Over the period under review, the average banana and plantain yield attained the maximum level at X tonnes per ha in 2013; however, from 2014 to 2019, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2019, approx. X ha of bananas and plantains were harvested in Argentina; approximately equating the previous year. Over the period under review, the harvested area recorded a relatively flat trend pattern. The growth pace was the most rapid in 2011 when the harvested area increased by X% y-o-y. Over the period under review, the harvested area dedicated to banana and plantain production reached the peak figure at X ha in 2007; however, from 2008 to 2019, the harvested area stood at a somewhat lower figure.

Banana And Plantain Exports

Exports from Argentina

In 2019, the amount of bananas and plantains exported from Argentina soared to X tonnes, growing by X% against 2018 figures. Over the period under review, exports recorded significant growth. As a result, exports reached the peak and are likely to continue growth in the immediate term.

In value terms, banana and plantain exports soared to $X in 2019. Overall, exports enjoyed significant growth. Over the period under review, exports attained the peak figure at $X in 2017; however, from 2018 to 2019, exports remained at a lower figure.

Exports by Country

The U.S. (X tonnes), Paraguay (X tonnes) and Norway (X tonnes) were the main destinations of banana and plantain exports from Argentina, with a combined X% share of total exports.

From 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Norway (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X) emerged as the key foreign market for banana and plantain exports from Argentina, comprising X% of total exports. The second position in the ranking was occupied by Paraguay ($X), with a X% share of total exports.

From 2007 to 2019, the average annual rate of growth in terms of value to the U.S. was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Paraguay (+X% per year) and Norway (+X% per year).

Export Prices by Country

The average banana and plantain export price stood at $X per tonne in 2019, with an increase of X% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 an increase of X% year-to-year. The export price peaked at $X per tonne in 2013; however, from 2014 to 2019, export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Norway ($X per tonne), while the average price for exports to Paraguay ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to the U.S., while the prices for the other major destinations experienced a decline.

Banana And Plantain Imports

Imports into Argentina

In 2019, the amount of bananas and plantains imported into Argentina dropped markedly to X tonnes, reducing by -X% on the previous year. In general, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. Imports peaked at X tonnes in 2017; however, from 2018 to 2019, imports remained at a lower figure.

In value terms, banana and plantain imports shrank rapidly to $X in 2019. Over the period under review, total imports indicated perceptible growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports decreased by -X% against 2017 indices. The most prominent rate of growth was recorded in 2014 when imports increased by X% y-o-y. Imports peaked at $X in 2017; however, from 2018 to 2019, imports failed to regain the momentum.

Imports by Country

In 2019, Ecuador (X tonnes) constituted the largest banana and plantain supplier to Argentina, accounting for a X% share of total imports. Moreover, banana and plantain imports from Ecuador exceeded the figures recorded by the second-largest supplier, Paraguay (X tonnes), threefold.

From 2007 to 2019, the average annual growth rate of volume from Ecuador amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Paraguay (+X% per year) and Brazil (-X% per year).

In value terms, Ecuador ($X) constituted the largest supplier of banana and plantain to Argentina, comprising X% of total imports. The second position in the ranking was occupied by Paraguay ($X), with a X% share of total imports.

From 2007 to 2019, the average annual rate of growth in terms of value from Ecuador amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Paraguay (+X% per year) and Brazil (-X% per year).

Import Prices by Country

The average banana and plantain import price stood at $X per tonne in 2019, rising by X% against the previous year. Over the last twelve-year period, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2008 an increase of X% year-to-year. The import price peaked at $X per tonne in 2012; however, from 2013 to 2019, import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Ecuador ($X per tonne), while the price for Paraguay ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Ecuador, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for bananas and plantains in the world?
+
India (31M tonnes) remains the largest banana and plantain consuming country worldwide, comprising approx. 20% of total volume. Moreover, banana and plantain consumption in India exceeded the figures recorded by the second-largest consumer, China (13M tonnes), twofold. The third position in this ranking was occupied by Indonesia (7.4M tonnes), with a 4.7% share.
What are the largest producers of bananas and plantains in the world?
+
The country with the largest volume of banana and plantain production was India (32M tonnes), comprising approx. 20% of total volume. Moreover, banana and plantain production in India exceeded the figures recorded by the second-largest producer, China (12M tonnes), threefold. The third position in this ranking was occupied by the Philippines (9.2M tonnes), with a 5.8% share.
What are the leading suppliers of bananas and plantains to Argentina?
+
In value terms, Ecuador ($104M) constituted the largest supplier of banana and plantain to Argentina, comprising 85% of total imports. The second position in the ranking was occupied by Paraguay ($12M), with a 9.5% share of total imports.
What are the leading importers of bananas and plantains from Argentina?
+
In value terms, the U.S. ($40K) emerged as the key foreign market for banana and plantain exports from Argentina, comprising 84% of total exports. The second position in the ranking was occupied by Paraguay ($4.6K), with a 9.7% share of total exports.
What is the average export price for bananas and plantains in Argentina?
+
In 2019, the average banana and plantain export price amounted to $415 per tonne, rising by 33% against the previous year.
What is the average import price for bananas and plantains in Argentina?
+
The average banana and plantain import price stood at $373 per tonne in 2019, rising by 2% against the previous year.

Product coverage:
• FCL 486 - Bananas
• FCL 489 -

This report provides an in-depth analysis of the banana and plantain market in Argentina. 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 2025.


Country coverage:
• Argentina

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Argentina
• 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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2019
Figure 22:
Production, In Value Terms, 2007–2019
Figure 23:
Area Harvested, 2007–2019
Figure 24:
Yield, 2007–2019
Figure 25:
Imports, In Physical Terms, 2007–2019
Figure 26:
Imports, In Value Terms, 2007–2019
Figure 27:
Imports, In Physical Terms, By Country, 2019
Figure 28:
Imports, In Physical Terms, By Country, 2007–2019
Figure 29:
Imports, In Value Terms, By Country, 2007–2019
Figure 30:
Import Prices, By Country Of Origin, 2007–2019
Figure 31:
Exports, In Physical Terms, 2007–2019
Figure 32:
Exports, In Value Terms, 2007–2019
Figure 33:
Exports, In Physical Terms, By Country, 2019
Figure 34:
Exports, In Physical Terms, By Country, 2007–2019
Figure 35:
Exports, In Value Terms, By Country, 2007–2019
Figure 36:
Export Prices, By Country Of Destination, 2007–2019

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