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

Banana and Plantain Market Size in the EU

The EU banana and plantain market rose notably to $X in 2020, with an increase of X% against the previous year. The market value increased at an average annual rate of +X% from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 when the market value increased by X% y-o-y. The level of consumption peaked in 2020 and is likely to see steady growth in the immediate term.

Banana and Plantain Production in the EU

In value terms, banana and plantain production shrank remarkably to $X in 2020 estimated in export prices. Over the period under review, production, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2012 when the production volume increased by X% y-o-y. Over the period under review, production hit record highs at $X in 2019, and then dropped notably in the following year.

Spain (X tonnes) remains the largest banana and plantain producing country in the European Union, comprising approx. X% of total volume. Moreover, banana and plantain production in Spain exceeded the figures recorded by the second-largest producer, Portugal (X tonnes), more than tenfold.

In Spain, banana and plantain production remained relatively stable over the period from 2007-2020.

The average banana and plantain yield shrank to X tonnes per ha in 2020, declining by -X% compared with 2019 figures. The yield figure increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2019 with an increase of X% year-to-year. As a result, the yield attained the peak level of X tonnes per ha, and then fell in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2020, the total area harvested in terms of bananas and plantains production in the European Union dropped notably to X ha, with a decrease of -X% on 2019. Overall, the harvested area saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to banana and plantain production reached the peak figure at X ha in 2019, and then contracted notably in the following year.

Production by Country in the EU

The country with the largest volume of banana and plantain production was Spain (X tonnes), comprising approx. X% of total volume. Moreover, banana and plantain production in Spain exceeded the figures recorded by the second-largest producer, Portugal (X tonnes), more than tenfold.

From 2007 to 2020, the average annual rate of growth in terms of volume in Spain was relatively modest.

Banana and Plantain Exports

Exports in the EU

In 2020, banana and plantain exports in the European Union declined significantly to X tonnes, with a decrease of -X% on 2019. Overall, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2008 when exports increased by X% year-to-year. The volume of export peaked at X tonnes in 2019, and then reduced dramatically in the following year.

In value terms, banana and plantain exports dropped remarkably to $X in 2020. in general, exports, however, showed a slight reduction. The pace of growth appeared the most rapid in 2008 when exports increased by X% against the previous year. Over the period under review, exports attained the maximum at $X in 2019, and then shrank rapidly in the following year.

Exports by Country

The Netherlands was the key exporter of bananas and plantains in the European Union, with the volume of exports finishing at X tonnes, which was near X% of total exports in 2020. Germany (X tonnes) occupied a X% share (based on tonnes) of total exports, which put it in second place, followed by France (X%), Belgium (X%) and Spain (X%). Poland (X tonnes), Italy (X tonnes), Slovenia (X tonnes), Greece (X tonnes), the Czech Republic (X tonnes) and Portugal (X tonnes) held a relatively small share of total exports.

The Netherlands was also the fastest-growing in terms of the bananas and plantains exports, with a CAGR of +X% from 2007 to 2020. at the same time, Slovenia (+X%), Greece (+X%), Poland (+X%), Spain (+X%), the Czech Republic (+X%) and Germany (+X%) displayed positive paces of growth. France and Portugal experienced a relatively flat trend pattern. by contrast, Italy (-X%) and Belgium (-X%) illustrated a downward trend over the same period. From 2007 to 2020, the share of the Netherlands, Germany, Poland, Slovenia, Spain and Greece increased by +X%, +X%, +X%, +X%, +X% and +X% percentage points, while Italy (-X p.p.) and Belgium (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X) emerged as the largest banana and plantain supplier in the European Union, comprising X% of total exports. The second position in the ranking was occupied by Germany ($X), with a X% share of total exports. It was followed by Belgium, with a X% share.

From 2007 to 2020, the average annual growth rate of value in the Netherlands totaled +X%. in the other countries, the average annual rates were as follows: Germany (+X% per year) and Belgium (-X% per year).

Export Prices by Country

The banana and plantain export price in the European Union stood at $X per tonne in 2020, dropping by -X% against the previous year. Over the period under review, the export price showed a mild slump. The most prominent rate of growth was recorded in 2008 when the export price increased by X% year-to-year. As a result, export price attained the peak level of $X per tonne. from 2009 to 2020, the growth in terms of the export prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. in 2020, major exporting countries recorded the following prices: in the Netherlands ($X per tonne) and the Czech Republic ($X per tonne), while France ($X per tonne) and Italy ($X per tonne) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the Netherlands, while the other leaders experienced a decline in the export price figures.

Banana and Plantain Imports

Imports in the EU

In 2020, supplies from abroad of bananas and plantains decreased by -X% to X tonnes, falling for the second year in a row after six years of growth. The total import volume increased at an average annual rate of +X% from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of X% y-o-y. The volume of import peaked at X tonnes in 2018; however, from 2019 to 2020, imports failed to regain the momentum.

In value terms, banana and plantain imports declined to $X in 2020. in general, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, Germany (X tonnes), the Netherlands (X tonnes), Italy (X tonnes), France (X tonnes), Poland (X tonnes), Spain (X tonnes), Belgium (X tonnes), Portugal (X tonnes), Romania (X tonnes), Greece (X tonnes), Sweden (X tonnes) and the Czech Republic (X tonnes) was the main importer of bananas and plantains in the European Union, achieving X% of total import.

From 2007 to 2020, the biggest increases were in the Netherlands, while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest banana and plantain importing markets in the European Union were Germany ($X), the Netherlands ($X) and France ($X), with a combined X% share of total imports.

In terms of the main importing countries, the Netherlands saw 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 2020, the banana and plantain import price in the European Union amounted to $X per tonne, almost unchanged from the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 an increase of X% against the previous year. As a result, import price attained the peak level of $X per tonne. from 2009 to 2020, the growth in terms of the import prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Belgium ($X per tonne), while Poland ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Sweden, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for bananas and plantains in the the EU?
+
The countries with the highest volumes of banana and plantain consumption in 2020 were Germany (1.1M tonnes), Italy (742K tonnes) and Spain (686K tonnes), with a combined 44% share of total consumption. These countries were followed by France, Poland, Portugal, the Netherlands, Romania, Sweden, Greece, the Czech Republic, Finland and Austria, which together accounted for a further 44%.
What are the largest producers of bananas and plantains in the the EU?
+
Spain (402K tonnes) remains the largest banana and plantain producing country in the European Union, comprising approx. 91% of total volume. Moreover, banana and plantain production in Spain exceeded the figures recorded by the second-largest producer, Portugal (28K tonnes), more than tenfold.
What are the leading suppliers of bananas and plantains in the the EU?
+
In value terms, the Netherlands ($743M) emerged as the largest banana and plantain supplier in the European Union, comprising 42% of total exports. The second position in the ranking was occupied by Germany ($254M), with a 14% share of total exports. It was followed by Belgium, with a 7.7% share.
What are the leading importers of bananas and plantains in the the EU?
+
In value terms, Germany ($1.1B), the Netherlands ($924M) and France ($620M) were the countries with the highest levels of imports in 2020, together accounting for 47% of total imports.
What is the average export price for bananas and plantains in the the EU?
+
In 2020, the banana and plantain export price in the European Union amounted to $849 per tonne, shrinking by -3.6% against the previous year.
What is the average import price for bananas and plantains in the the EU?
+
The banana and plantain import price in the European Union stood at $758 per tonne in 2020, approximately reflecting the previous year.

Product coverage:
• FCL 486 - Bananas
• FCL 489 -

This report provides an in-depth analysis of the banana and plantain market in the EU. 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.



Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in the EU, split by region and country
• Trade (exports and imports) in the EU
• 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

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
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 VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
7.3
HARVESTED AREA AND YIELD BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

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

11. COUNTRY PROFILES

The Largest Markets and Their Profiles

• Austria
• Belgium
• Bulgaria
• Croatia
• Cyprus
• Czech Republic
• Denmark
• Estonia
• Finland
• France
• Germany
• Greece
• Hungary
• Ireland
• Italy
• Latvia
• Lithuania
• Luxembourg
• Malta
• Netherlands
• Poland
• Portugal
• Romania
• Slovakia
• Slovenia
• Spain
• Sweden
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, by Country, 2015–2020
Table 5:
Production, in Physical Terms, by Country, 2007–2020
Table 6:
Harvested Area, by Country, 2007–2020
Table 7:
Yield, by Country, 2007–2020
Table 8:
Imports, in Physical Terms, by Country, 2007–2020
Table 9:
Imports, in Value Terms, by Country, 2007–2020
Table 10:
Import Prices, by Country of Destination, 2007–2020
Table 11:
Exports, in Physical Terms, by Country, 2007–2020
Table 12:
Exports, in Value Terms, by Country, 2007–2020
Table 13:
Export Prices, by Country of Origin, 2007–2020
Table 14:
Producer Prices, by Major Producing Country, 2020
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), by Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, in Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, by Country, 2020
Figure 4:
Market Forecast to 2030
Figure 5:
Products: Market Size and Growth, by Type
Figure 6:
Products: Average Per Capita Consumption, by Type
Figure 7:
Products: Exports and Growth, by Type
Figure 8:
Products: Export Prices and Growth, by Type
Figure 9:
Production Volume and Growth
Figure 10:
Yield and Growth
Figure 11:
Exports and Growth
Figure 12:
Export Prices and Growth
Figure 13:
Market Size and Growth
Figure 14:
Per Capita Consumption
Figure 15:
Imports and Growth
Figure 16:
Import Prices
Figure 17:
Production, in Physical Terms, 2007–2020
Figure 18:
Production, in Value Terms, 2007–2020
Figure 19:
Area Harvested, 2007–2020
Figure 20:
Yield, 2007–2020
Figure 21:
Production, by Country, 2020
Figure 22:
Production, in Physical Terms, by Country, 2007–2020
Figure 23:
Harvested Area, by Country, 2020
Figure 24:
Harvested Area, by Country, 2007–2020
Figure 25:
Yield, by Country, 2007–2020
Figure 26:
Imports, in Physical Terms, 2007–2020
Figure 27:
Imports, in Value Terms, 2007–2020
Figure 28:
Imports, in Physical Terms, by Country, 2020
Figure 29:
Imports, in Physical Terms, by Country, 2007–2020
Figure 30:
Imports, in Value Terms, by Country, 2007–2020
Figure 31:
Import Prices, by Country, 2007–2020
Figure 32:
Exports, in Physical Terms, 2007–2020
Figure 33:
Exports, in Value Terms, 2007–2020
Figure 34:
Exports, in Physical Terms, by Country, 2020
Figure 35:
Exports, in Physical Terms, by Country, 2007–2020
Figure 36:
Exports, in Value Terms, by Country, 2007–2020
Figure 37:
Export Prices, 2007–2020
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