China: Banana Market Overview 2020

Banana Market Size in China

The revenue of the banana market in China amounted to $X in 2018, surging by X% against the previous year. Over the period under review, banana consumption continues to indicate a skyrocketing expansion. The pace of growth was the most pronounced in 2018 when the market value increased by X% y-o-y. In that year, the banana market reached its peak level and is likely to continue its growth in the immediate term.

Banana Production in China

In value terms, banana production amounted to $X in 2018 estimated in export prices. In general, banana production continues to indicate strong growth. The most prominent rate of growth was recorded in 2014 when production volume increased by X% against the previous year. Banana production peaked in 2018 and is likely to see steady growth in the near future.

In 2018, the average banana yield in China amounted to X tonne per ha, jumping by X% against the previous year. The yield figure increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2017 when yield increased by X% y-o-y. Over the period under review, the average banana yield reached its peak figure level in 2018 and is likely to continue its growth in the near future. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2018, the harvested area of bananas in China totaled X ha, picking up by X% against the previous year. The harvested area increased at an average annual rate of +X% from 2007 to 2018; the trend pattern remained relatively stable, with somewhat noticeable fluctuations over the period under review. The pace of growth appeared the most rapid in 2011 with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to banana production reached its maximum at X ha in 2016; however, from 2017 to 2018, harvested area remained at a lower figure.

Banana Exports

Exports from China

Banana exports from China stood at X tonnes in 2018, jumping by X% against the previous year. Overall, banana exports continue to indicate a measured increase. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Exports peaked in 2018 and are likely to see steady growth in the near future.

In value terms, banana exports totaled $X in 2018. Over the period under review, banana exports continue to indicate a prominent expansion. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. Exports peaked in 2018 and are expected to retain its growth in the near future.

Banana Imports

Imports into China

Banana imports into China stood at X tonnes in 2018, increasing by X% against the previous year. Overall, banana imports continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Imports peaked in 2018 and are likely to see steady growth in the near future.

In value terms, banana imports stood at $X in 2018. Overall, banana imports continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. In that year, banana imports attained their peak of $X. From 2015 to 2018, the growth of banana imports remained at a somewhat lower figure.

Source: IndexBox AI Platform