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

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Banana And Plantain Market Size in Belgium

The Belgian banana and plantain market soared to $X in 2019, rising by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption saw a resilient increase. The most prominent rate of growth was recorded in 2008 when the market value increased by X% year-to-year. As a result, consumption attained the peak level of $X. From 2009 to 2019, the growth of the market remained at a somewhat lower figure.

Banana And Plantain Exports

Exports from Belgium

In 2019, exports of bananas and plantains from Belgium dropped rapidly to X tonnes, reducing by -X% on the previous year's figure. Over the period under review, exports showed a mild decrease. The pace of growth appeared the most rapid in 2017 with an increase of X% y-o-y. Exports peaked at X tonnes in 2013; however, from 2014 to 2019, exports failed to regain the momentum.

In value terms, banana and plantain exports dropped markedly to $X in 2019. Overall, exports continue to indicate a noticeable decline. The most prominent rate of growth was recorded in 2008 when exports increased by X% year-to-year. As a result, exports reached the peak of $X. From 2009 to 2019, the growth exports remained at a lower figure.

Exports by Country

Germany (X tonnes), France (X tonnes) and the Netherlands (X tonnes) were the main destinations of banana and plantain exports from Belgium, with a combined X% share of total exports. The Czech Republic, Austria, Poland and Spain lagged somewhat behind, together comprising a further X 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Spain, while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for banana and plantain exported from Belgium were Germany ($X), France ($X) and the Netherlands ($X), together accounting for X% of total exports. The Czech Republic, Austria, Poland and Spain lagged somewhat behind, together accounting for a further X terms of the main countries of destination, Spain saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2019, the average banana and plantain export price amounted to $X per tonne, standing approx. at the previous year. In general, the export price, however, saw a pronounced descent. The most prominent rate of growth was recorded in 2008 an increase of X% year-to-year. As a result, export price reached the peak level of $X per tonne. From 2009 to 2019, the growth in terms of the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2019, the countries with the highest prices were Austria ($X per tonne) and France ($X per tonne), while the average price for exports to Poland ($X per tonne) and the Czech Republic ($X per tonne) were amongst the lowest.

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

Banana And Plantain Imports

Imports into Belgium

In 2019, purchases abroad of bananas and plantains decreased by -X% to X tonnes, falling for the second year in a row after two years of growth. Over the period under review, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 with an increase of X% against the previous year. As a result, imports attained the peak of X tonnes. From 2009 to 2019, the growth imports failed to regain the momentum.

In value terms, banana and plantain imports declined sharply to $X in 2019. In general, imports saw a noticeable curtailment. The pace of growth appeared the most rapid in 2008 with an increase of X% year-to-year. As a result, imports reached the peak of $X. From 2009 to 2019, the growth imports remained at a somewhat lower figure.

Imports by Country

In 2019, Colombia (X tonnes) constituted the largest supplier of banana and plantain to Belgium, with a X% share of total imports. Moreover, banana and plantain imports from Colombia exceeded the figures recorded by the second-largest supplier, Ecuador (X tonnes), twofold. The third position in this ranking was occupied by Costa Rica (X tonnes), with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume from Colombia stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Ecuador (-X% per year) and Costa Rica (-X% per year).

In value terms, the largest banana and plantain suppliers to Belgium were Colombia ($X), Ecuador ($X) and Cameroon ($X), together accounting for X% of total imports. These countries were followed by Costa Rica, the Netherlands, Cote d'Ivoire and the Dominican Republic, which together accounted for a further X the main suppliers, the Netherlands recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the average banana and plantain import price amounted to $X per tonne, reducing by -X% against the previous year. Over the period under review, the import price continues to indicate a perceptible reduction. The most prominent rate of growth was recorded in 2008 when the average import price increased by X% year-to-year. As a result, import price reached the peak level of $X per tonne. From 2009 to 2019, the growth in terms of the average import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2019, the highest prices were recorded for prices from Cameroon ($X per tonne) and Cote d'Ivoire ($X per tonne), while the price for Colombia ($X per tonne) and Costa Rica ($X per tonne) were amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Cameroon, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for bananas in the world?
+
India (30M tonnes) constituted the country with the largest volume of banana consumption, accounting for 26% of total volume. Moreover, banana consumption in India exceeded the figures recorded by the second-largest consumer, China (13M tonnes), twofold. Indonesia (7.3M tonnes) ranked third in terms of total consumption with a 6.2% share.
What are the largest producers of bananas in the world?
+
India (30M tonnes) constituted the country with the largest volume of banana production, accounting for 26% of total volume. Moreover, banana 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 Indonesia (7.3M tonnes), with a 6.2% share.
What are the leading suppliers of bananas to Belgium?
+
In value terms, Colombia ($200M) constituted the largest supplier of banana to Belgium, comprising 39% of total imports. The second position in the ranking was occupied by Ecuador ($87M), with a 17% share of total imports. It was followed by Costa Rica, with a 16% share.
What are the leading importers of bananas from Belgium?
+
In value terms, the largest markets for banana exported from Belgium were Germany ($203M), France ($165M) and the Netherlands ($141M), together accounting for 67% of total exports. These countries were followed by the Czech Republic, Austria, Poland and Spain, which together accounted for a further 23%.
What is the average export price for bananas in Belgium?
+
The average banana export price stood at $819 per tonne in 2019, approximately reflecting the previous year.
What is the average import price for bananas in Belgium?
+
The average banana import price stood at $490 per tonne in 2019, declining by -7.8% 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 Belgium. 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:
• Belgium

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