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

Banana And Plantain Market Size in Australia and Oceania

In 2020, the banana and plantain market in Australia and Oceania increased by X% to $X for the first time since 2017, thus ending a two-year declining trend. The total consumption indicated a perceptible expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption decreased by -X% against 2017 indices. The growth pace was the most rapid in 2016 when the market value increased by X% against the previous year. The level of consumption peaked at $X in 2017; however, from 2018 to 2020, consumption stood at a somewhat lower figure.

Banana And Plantain Production in Australia and Oceania

In value terms, banana and plantain production expanded significantly to $X in 2020 estimated in export prices. The total production indicated a measured increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production decreased by -X% against 2017 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% year-to-year. As a result, production attained the peak level of $X. from 2018 to 2020, production growth remained at a lower figure.

The country with the largest volume of banana and plantain production was Papua New Guinea (X tonnes), accounting for X% of total volume. Moreover, banana and plantain production in Papua New Guinea exceeded the figures recorded by the second-largest producer, Australia (X tonnes), fivefold.

In Papua New Guinea, banana and plantain production expanded at an average annual rate of +X% over the period from 2007-2020.

The average banana and plantain yield rose slightly to X tonnes per ha in 2020, with an increase of X% against the previous year's figure. The yield figure increased at an average annual rate of +X% from 2007 to 2020; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2010 when the yield increased by X% year-to-year. Over the period under review, the banana and plantain yield hit record highs at X tonnes per ha in 2017; however, from 2018 to 2020, 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 2020, approx. X ha of bananas and plantains were harvested in Australia and Oceania; picking up by X% on 2019 figures. The harvested area increased at an average annual rate of +X% from 2007 to 2020; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2009 with an increase of X% year-to-year. The level of harvested area peaked in 2020 and is expected to retain growth in the immediate term.

Production By Country in Australia and Oceania

Papua New Guinea (X tonnes) remains the largest banana and plantain producing country in Australia and Oceania, accounting for X% of total volume. Moreover, banana and plantain production in Papua New Guinea exceeded the figures recorded by the second-largest producer, Australia (X tonnes), fivefold.

From 2007 to 2020, the average annual growth rate of volume in Papua New Guinea stood at +X%.

Banana And Plantain Exports

Exports in Australia and Oceania

In 2020, approx. X tonnes of bananas and plantains were exported in Australia and Oceania; waning by -X% compared with the previous year's figure. Over the period under review, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. As a result, exports reached the peak of X tonnes, and then declined sharply in the following year.

In value terms, banana and plantain exports dropped sharply to $X in 2020. In general, exports saw slight growth. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. As a result, exports attained the peak of $X, and then declined remarkably in the following year.

Exports by Country

In 2020, Guam (X tonnes) and Australia (X tonnes) represented the key exporters of bananas and plantains in Australia and Oceania, together comprising X% of total exports. It was distantly followed by New Zealand (X tonnes) and Tonga (X tonnes), together achieving a X% share of total exports. The following exporters - Fiji (X tonnes) and Samoa (X tonnes) - together made up X% of total exports.

From 2007 to 2020, the biggest increases were in Tonga, while shipments for the other leaders experienced more modest paces of growth.

In value terms, Australia ($X) remains the largest banana and plantain supplier in Australia and Oceania, comprising X% of total exports. The second position in the ranking was occupied by Guam ($X), with a X% share of total exports. It was followed by New Zealand, with a X% share.

In Australia, banana and plantain exports increased at an average annual rate of +X% over the period from 2007-2020. In the other countries, the average annual rates were as follows: Guam (X% per year) and New Zealand (+X% per year).

Export Prices by Country

In 2020, the banana and plantain export price in Australia and Oceania amounted to $X per tonne, increasing by X% against the previous year. Export price indicated a notable increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, banana and plantain export price decreased by -X% against 2017 indices. The pace of growth was the most pronounced in 2011 when the export price increased by X% against the previous year. As a result, export price attained the peak level of $X per tonne. from 2012 to 2020, the growth in terms of the export prices failed to regain the momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Australia ($X per tonne), while Tonga ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Fiji, while the other leaders experienced more modest paces of growth.

Banana And Plantain Imports

Imports in Australia and Oceania

Banana and plantain imports fell slightly to X tonnes in 2020, dropping by -X% on the year before. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 when imports increased by X% year-to-year. Over the period under review, imports attained the peak figure at X tonnes in 2014; however, from 2015 to 2020, imports failed to regain the momentum.

In value terms, banana and plantain imports shrank to $X in 2020. The total import value increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2010 with an increase of X% year-to-year. The level of import peaked at $X in 2019, and then reduced slightly in the following year.

Imports by Country

In 2020, New Zealand (X tonnes) was the largest importer of bananas and plantains in Australia and Oceania, creating X% of total import.

New Zealand experienced a relatively flat trend pattern with regard to volume of imports of bananas and plantains. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, New Zealand ($X) constitutes the largest market for imported bananas and plantains in Australia and Oceania.

From 2007 to 2020, the average annual growth rate of value in New Zealand amounted to +X%.

Import Prices by Country

In 2020, the banana and plantain import price in Australia and Oceania amounted to $X per tonne, remaining stable against the previous year. Over the last thirteen years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2010 an increase of X% y-o-y. The level of import peaked at $X per tonne in 2019, and then dropped in the following year.

As there is only one major supplying country, the average price level is determined by prices for New Zealand.

From 2007 to 2020, the rate of growth in terms of prices for New Zealand amounted to +X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for bananas and plantains in Australia and Oceania?
+
Papua New Guinea (1.5M tonnes) constituted the country with the largest volume of banana and plantain consumption, accounting for 75% of total volume. Moreover, banana and plantain consumption in Papua New Guinea exceeded the figures recorded by the second-largest consumer, Australia (320K tonnes), fivefold.
What are the largest producers of bananas and plantains in Australia and Oceania?
+
Papua New Guinea (1.5M tonnes) constituted the country with the largest volume of banana and plantain production, comprising approx. 78% of total volume. Moreover, banana and plantain production in Papua New Guinea exceeded the figures recorded by the second-largest producer, Australia (320K tonnes), fivefold.
What are the leading exporters of bananas and plantains in Australia and Oceania?
+
In value terms, Australia ($106K) remains the largest banana and plantain supplier in Australia and Oceania, comprising 46% of total exports. The second position in the ranking was occupied by Guam ($52K), with a 23% share of total exports. It was followed by New Zealand, with a 19% share.
What are the leading importers of bananas and plantains in Australia and Oceania?
+
In value terms, New Zealand ($71M) constitutes the largest market for imported bananas and plantains in Australia and Oceania.
What is the average export price for bananas and plantains in Australia and Oceania?
+
In 2020, the banana and plantain export price in Australia and Oceania amounted to $1,369 per tonne, rising by 44% against the previous year.
What is the average import price for bananas and plantains in Australia and Oceania?
+
The banana and plantain import price in Australia and Oceania stood at $818 per tonne in 2020, remaining stable 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 Australia and Oceania. 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.



Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Australia and Oceania, split by region and country
• Trade (exports and imports) in Australia and Oceania
• 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

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
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 VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
7.3
HARVESTED AREA AND YIELD BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2020
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

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Australia
• Cook Islands
• Fiji
• French Polynesia
• Kiribati
• Marshall Islands
• Micronesia
• New Caledonia
• New Zealand
• Northern Mariana Islands
• Palau
• Papua New Guinea
• Samoa
• Solomon Islands
• Tokelau
• Tonga
• Tuvalu
• Vanuatu
• Wallis and Futuna Islands
• American Samoa
• Nauru
• Niue
• Guam
LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption, By Country, 2015–2020
Table 5:
Production, In Physical Terms, By Country, 2007–2020
Table 6:
Harvested Area, By Country, 2007–2020
Table 7:
Yield, By Country, 2007–2020
Table 8:
Imports, In Physical Terms, By Country, 2007–2020
Table 9:
Imports, In Value Terms, By Country, 2007–2020
Table 10:
Import Prices, By Country Of Destination, 2007–2020
Table 11:
Exports, In Physical Terms, By Country, 2007–2020
Table 12:
Exports, In Value Terms, By Country, 2007–2020
Table 13:
Export Prices, By Country Of Origin, 2007–2020
Table 14:
Producer Prices, By Major Producing Country, 2020
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), By Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, By Country, 2020
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Yield And Growth
Figure 11:
Exports And Growth
Figure 12:
Export Prices And Growth
Figure 13:
Market Size And Growth
Figure 14:
Per Capita Consumption
Figure 15:
Imports And Growth
Figure 16:
Import Prices
Figure 17:
Production, In Physical Terms, 2007–2020
Figure 18:
Production, In Value Terms, 2007–2020
Figure 19:
Area Harvested, 2007–2020
Figure 20:
Yield, 2007–2020
Figure 21:
Production, By Country, 2020
Figure 22:
Production, In Physical Terms, By Country, 2007–2020
Figure 23:
Harvested Area, By Country, 2020
Figure 24:
Harvested Area, By Country, 2007–2020
Figure 25:
Yield, By Country, 2007–2020
Figure 26:
Imports, In Physical Terms, 2007–2020
Figure 27:
Imports, In Value Terms, 2007–2020
Figure 28:
Imports, In Physical Terms, By Country, 2020
Figure 29:
Imports, In Physical Terms, By Country, 2007–2020
Figure 30:
Imports, In Value Terms, By Country, 2007–2020
Figure 31:
Import Prices, By Country, 2007–2020
Figure 32:
Exports, In Physical Terms, 2007–2020
Figure 33:
Exports, In Value Terms, 2007–2020
Figure 34:
Exports, In Physical Terms, By Country, 2020
Figure 35:
Exports, In Physical Terms, By Country, 2007–2020
Figure 36:
Exports, In Value Terms, By Country, 2007–2020
Figure 37:
Export Prices, 2007–2020
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