Bahamas: Fruit Market Overview 2020

Fruit Market Size in Bahamas

The revenue of the fruit market in Bahamas amounted to $X in 2018, stabilizing at the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 with an increase of X% y-o-y. Over the period under review, the fruit market reached its peak figure level in 2018 and is expected to retain its growth in the near future.

Fruit Production in Bahamas

In value terms, fruit production totaled $X in 2018 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2018; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2017 with an increase of X% y-o-y. Fruit production peaked in 2018 and is likely to continue its growth in the near future.

Average yield of fruits in Bahamas totaled X tonne per ha in 2018, approximately reflecting the previous year. Over the period under review, the fruit yield continues to indicate a mild descent. The pace of growth was the most pronounced in 2011 when yield increased by X% y-o-y. Fruit yield peaked at X tonne per ha in 2013; however, from 2014 to 2018, yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

Fruit harvested area in Bahamas totaled X ha in 2018, increasing by X% against the previous year. The harvested area increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The pace of growth was the most pronounced in 2014 when harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to fruit production reached its peak figure in 2018 and is likely to continue its growth in the immediate term.

Fruit Exports

Exports from Bahamas

Fruit exports from Bahamas amounted to X tonnes in 2018, growing by X% against the previous year. In general, fruit exports, however, continue to indicate a dramatic contraction. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. Over the period under review, fruit exports attained their maximum at X tonnes in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

In value terms, fruit exports stood at $X in 2018. In general, fruit exports, however, continue to indicate an abrupt drop. The growth pace was the most rapid in 2014 with an increase of X% y-o-y. Over the period under review, fruit exports reached their peak figure at $X in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

Fruit Imports

Imports into Bahamas

In 2018, the fruit imports into Bahamas stood at X tonnes, dropping by -X% against the previous year. Overall, fruit imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 with an increase of X% y-o-y. Over the period under review, fruit imports reached their peak figure at X tonnes in 2012; however, from 2013 to 2018, imports stood at a somewhat lower figure.

In value terms, fruit imports totaled $X in 2018. Over the period under review, the total imports indicated slight growth from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, fruit imports increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2011 when imports increased by X% year-to-year. Over the period under review, fruit imports reached their peak figure at $X in 2014; however, from 2015 to 2018, imports failed to regain their momentum.

Source: IndexBox Platform