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

Banana And Plantain Market Size in Chile

The Chilean banana and plantain market rose notably to $X in 2020, surging 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). Over the period under review, consumption showed resilient growth. The pace of growth appeared the most rapid in 2012 with an increase of X% y-o-y. Over the period under review, the market reached the peak level in 2020 and is expected to retain growth in the near future.

Banana And Plantain Exports

Exports from Chile

In 2020, banana and plantain exports from Chile fell significantly to X tonnes, dropping by -X% compared with the year before. Over the period under review, exports recorded a abrupt setback. The pace of growth appeared the most rapid in 2012 when exports increased by X% y-o-y. As a result, exports reached the peak of X tonnes. from 2013 to 2020, the growth exports remained at a lower figure.

In value terms, banana and plantain exports declined dramatically to $X in 2020. Overall, exports recorded a abrupt slump. The pace of growth appeared the most rapid in 2012 with an increase of X% y-o-y. As a result, exports reached the peak of $X. from 2013 to 2020, the growth exports remained at a somewhat lower figure.

Exports by Country

New Zealand (X tonnes), the Netherlands (X tonnes) and the UK (X tonnes) were the main destinations of banana and plantain exports from Chile, together comprising X% of total exports. These countries were followed by the U.S., Norway, Germany and Canada, 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 the U.S., while exports for the other leaders experienced mixed trend patterns.

In value terms, the U.S. ($X) remains the key foreign market for banana and plantain exports from Chile, comprising X% of total exports. The second position in the ranking was occupied by New Zealand ($X), with a X% share of total exports. It was followed by the Netherlands, with a X% share.

From 2007 to 2020, the average annual growth rate of value to the U.S. stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: New Zealand (+X% per year) and the Netherlands (+X% per year).

Export Prices by Country

The average banana and plantain export price stood at $X per tonne in 2020, with an increase of X% against the previous year. Over the period under review, the export price enjoyed resilient growth. As a result, export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was the U.S. ($X per tonne), while the average price for exports to the Netherlands ($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 New Zealand, while the prices for the other major destinations experienced more modest paces of growth.

Banana And Plantain Imports

Imports into Chile

In 2020, the amount of bananas and plantains imported into Chile expanded sharply to X tonnes, rising by X% on 2019 figures. Overall, imports continue to indicate a buoyant increase. The pace of growth was the most pronounced in 2012 when imports increased by X% against the previous year. Imports peaked in 2020 and are likely to continue growth in years to come.

In value terms, banana and plantain imports expanded sharply to $X in 2020. In general, imports recorded a remarkable increase. The pace of growth was the most pronounced in 2008 with an increase of X% year-to-year. Over the period under review, imports attained the peak figure in 2020 and are likely to see steady growth in the near future.

Imports by Country

In 2020, Viet Nam (X tonnes) was the main supplier of banana and plantain to Chile, with a approx. X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of volume from Viet Nam stood at +X%.

In value terms, Viet Nam ($X) constituted the largest supplier of banana and plantain to Chile.

From 2007 to 2020, the average annual rate of growth in terms of value from Viet Nam stood at +X%.

Import Prices by Country

The average banana and plantain import price stood at $X per tonne in 2020, dropping by -X% against the previous year. Overall, the import price showed a pronounced reduction. The most prominent rate of growth was recorded in 2009 when the average import price increased by X% y-o-y. As a result, import price attained the peak level of $X per tonne. from 2010 to 2020, the growth in terms of the average import prices remained at a somewhat lower figure.

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

From 2007 to 2020, the rate of growth in terms of prices for Viet Nam amounted to -X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for bananas and plantains in the world?
+
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. The third position in this ranking was occupied by Indonesia (7.4M tonnes), 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), comprising approx. 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 Chile?
+
In value terms, Viet Nam ($96M) constituted the largest supplier of banana and plantain to Chile.
What are the leading importers of bananas and plantains from Chile?
+
In value terms, the U.S. ($331K) remains the key foreign market for banana and plantain exports from Chile, comprising 68% of total exports. The second position in the ranking was occupied by New Zealand ($50K), with a 10% share of total exports. It was followed by the Netherlands, with a 6.9% share.
What is the average export price for bananas and plantains in Chile?
+
In 2020, the average banana and plantain export price amounted to $3,242 per tonne, rising by 101% against the previous year.
What is the average import price for bananas and plantains in Chile?
+
In 2020, the average banana and plantain import price amounted to $326 per tonne, falling by -4.8% 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 Chile. 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:
• Chile

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

This Chapter is Available Only for the Professional Edition PRO
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

This Chapter is Available Only for the Professional Edition PRO
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

This Chapter is Available Only for the Professional Edition PRO
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

This Chapter is Available Only for the Professional Edition PRO
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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