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

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Banana And Plantain Market Size in Brazil

The Brazilian banana and plantain market was finally on the rise to reach $X in 2020, after three years of decline. In general, consumption showed a pronounced descent. The most prominent rate of growth was recorded in 2008 when the market value increased by X% year-to-year. Banana and plantain consumption peaked at $X in 2010; however, from 2011 to 2020, consumption failed to regain the momentum.

Banana And Plantain Production in Brazil

In value terms, banana and plantain production totaled $X in 2020 estimated in export prices. Over the period under review, production continues to indicate a noticeable slump. The growth pace was the most rapid in 2008 when the production volume increased by X% y-o-y. Over the period under review, production reached the maximum level at $X in 2010; however, from 2011 to 2020, production stood at a somewhat lower figure.

The average yield of bananas and plantains in Brazil totaled X tonnes per ha in 2020, remaining constant against 2019 figures. In general, the yield continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2009 with an increase of X% against the previous year. The banana and plantain yield peaked in 2020 and is expected to retain growth in years to come. 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 Brazil; approximately reflecting 2019. Over the period under review, the harvested area continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2011 when the harvested area increased by X% year-to-year. 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 2020, the harvested area stood at a somewhat lower figure.

Banana And Plantain Exports

Exports from Brazil

In 2020, overseas shipments of bananas and plantains increased by X% to X tonnes, rising for the third year in a row after eight years of decline. Over the period under review, exports, however, continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2018 when exports increased by X% year-to-year. Exports peaked at X tonnes in 2007; however, from 2008 to 2020, exports remained at a lower figure.

In value terms, banana and plantain exports rose notably to $X in 2020. Overall, exports, however, saw a deep slump. The pace of growth appeared the most rapid in 2018 when exports increased by X% year-to-year. Exports peaked at $X in 2010; however, from 2011 to 2020, exports failed to regain the momentum.

Exports by Country

Uruguay (X tonnes), Argentina (X tonnes) and the UK (X tonnes) were the main destinations of banana and plantain exports from Brazil, with a combined X% share of total exports. These countries were followed by Spain and Poland, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland, while exports for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for banana and plantain exported from Brazil were Uruguay ($X), Argentina ($X) and the UK ($X), together comprising X% of total exports. Spain and Poland lagged somewhat behind, together comprising a further X saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average banana and plantain export price stood at $X per tonne in 2020, rising by X% against the previous year. Over the period under review, the export price, however, recorded a pronounced slump. The pace of growth was the most pronounced in 2008 an increase of X% y-o-y. Over the period under review, average export prices attained the maximum at $X per tonne in 2010; however, from 2011 to 2020, export prices failed to regain the momentum.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was the UK ($X per tonne), while the average price for exports to Argentina ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Argentina, while the prices for the other major destinations experienced mixed trend patterns.

Banana And Plantain Imports

Imports into Brazil

In 2020, purchases abroad of bananas and plantains increased by X% to X tonnes for the first time since 2017, thus ending a two-year declining trend. Overall, imports posted a strong increase. The pace of growth was the most pronounced in 2017 when imports increased by X% y-o-y. Over the period under review, imports hit record highs in 2020 and are likely to see gradual growth in the near future.

In value terms, banana and plantain imports skyrocketed to $X in 2020. Over the period under review, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2020, the Philippines (X tonnes) was the main supplier of banana and plantain to Brazil, accounting for a approx. X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of volume from the Philippines amounted to +X%.

In value terms, the Philippines ($X) constituted the largest supplier of banana and plantain to Brazil.

From 2007 to 2020, the average annual rate of growth in terms of value from the Philippines amounted to +X%.

Import Prices by Country

The average banana and plantain import price stood at $X per tonne in 2020, which is down by -X% against the previous year. Overall, the import price, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in 2012 when the average import price increased by X% year-to-year. Over the period under review, average import prices reached the peak figure at $X per tonne in 2014; however, from 2015 to 2020, import prices failed to regain the momentum.

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

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for bananas and plantains in the world?
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The country with the largest volume of banana and plantain consumption was India (31M tonnes), accounting for 19% of total volume. Moreover, banana and plantain consumption in India exceeded the figures recorded by the second-largest consumer, China (14M tonnes), twofold. Indonesia (7.4M tonnes) ranked third in terms of total consumption with a 4.5% 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 (31M tonnes), accounting for 19% 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 (9M tonnes), with a 5.5% share.
What are the leading suppliers of bananas and plantains to Brazil?
+
In value terms, the Philippines ($186K) constituted the largest supplier of banana and plantain to Brazil.
What are the leading importers of bananas and plantains from Brazil?
+
In value terms, the largest markets for banana and plantain exported from Brazil were Uruguay ($10M), Argentina ($8.4M) and the UK ($2.5M), together comprising 81% of total exports. These countries were followed by Spain and Poland, which together accounted for a further 9.6%.
What is the average export price for bananas and plantains in Brazil?
+
The average banana and plantain export price stood at $314 per tonne in 2020, surging by 2.1% against the previous year.
What is the average import price for bananas and plantains in Brazil?
+
The average banana and plantain import price stood at $1,073 per tonne in 2020, shrinking by -21.6% 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 Brazil. 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:
• Brazil

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Brazil
• 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 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

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

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 In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2030
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, 2007–2020
Figure 22:
Production, In Value Terms, 2007–2020
Figure 23:
Area Harvested, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, In Physical Terms, 2007–2020
Figure 26:
Imports, In Value Terms, 2007–2020
Figure 27:
Imports, In Physical Terms, By Country, 2020
Figure 28:
Imports, In Physical Terms, By Country, 2007–2020
Figure 29:
Imports, In Value Terms, By Country, 2007–2020
Figure 30:
Import Prices, By Country Of Origin, 2007–2020
Figure 31:
Exports, In Physical Terms, 2007–2020
Figure 32:
Exports, In Value Terms, 2007–2020
Figure 33:
Exports, In Physical Terms, By Country, 2020
Figure 34:
Exports, In Physical Terms, By Country, 2007–2020
Figure 35:
Exports, In Value Terms, By Country, 2007–2020
Figure 36:
Export Prices, By Country Of Destination, 2007–2020

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