France: Banana And Plantain Market 2024

Banana And Plantain Market Size in France

The French banana and plantain market was estimated at $X in 2022, remaining stable against the previous year. In general, consumption, however, saw a prominent increase. Banana and plantain consumption peaked in 2022 and is likely to see gradual growth in the near future.

Banana And Plantain Production in France

In value terms, banana and plantain production contracted slightly to $X in 2022 estimated in export price. In general, production saw a mild contraction. The pace of growth appeared the most rapid in 2021 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

In 2022, the average yield of bananas and plantains in France shrank to X tons per ha, declining by X% compared with 2021. In general, the yield showed a noticeable downturn. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The banana and plantain yield peaked at X tons per ha in 2019; however, from 2020 to 2022, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of bananas and plantains production in France reached X ha, surging by X% on 2021. In general, the harvested area continues to indicate pronounced growth. The pace of growth was the most pronounced in 2020 when the harvested area increased by X%. As a result, the harvested area reached the peak level of X ha. From 2021 to 2022, the growth of the banana and plantain harvested area remained at a lower figure.

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Banana And Plantain Exports

Exports from France

In 2022, shipments abroad of bananas and plantains increased by X% to X tons, rising for the second consecutive year after six years of decline. In general, exports, however, saw a mild reduction. The pace of growth was the most pronounced in 2021 when exports increased by X%. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, banana and plantain exports rose significantly to $X in 2022. Overall, exports, however, recorded a mild downturn. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Spain (X tons) was the main destination for banana and plantain exports from France, with a X% share of total exports. Moreover, banana and plantain exports to Spain exceeded the volume sent to the second major destination, Germany (X tons), threefold. Italy (X tons) ranked third in terms of total exports with an X% share.

From 2012 to 2022, the average annual growth rate of volume to Spain stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Italy (X% per year).

In value terms, Spain ($X) remains the key foreign market for bananas and plantains exports from France, comprising X% of total exports. The second position in the ranking was held by Germany ($X), with a X% share of total exports. It was followed by Italy, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Spain stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Italy (X% per year).

Export Prices by Country

In 2022, the average banana and plantain export price amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2019 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (X%), while the prices for the other major destinations experienced more modest paces of growth.

Banana And Plantain Imports

Imports into France

For the third consecutive year, France recorded growth in overseas purchases of bananas and plantains, which increased by X% to X tons in 2022. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2017 with an increase of X%. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, banana and plantain imports expanded slightly to $X in 2022. In general, total imports indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2018 indices. The pace of growth was the most pronounced in 2017 when imports increased by X%. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

Cote d'Ivoire (X tons), Belgium (X tons) and the Netherlands (X tons) were the main suppliers of banana and plantain imports to France, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Cote d'Ivoire ($X), Belgium ($X) and the Netherlands ($X) were the largest banana and plantain suppliers to France, with a combined X% share of total imports.

Among the main suppliers, the Netherlands, with a CAGR of X%, recorded the highest rates of growth with regard to 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

The average banana and plantain import price stood at $X per ton in 2022, flattening at the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 when the average import price increased by X%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per ton), while the price for Costa Rica ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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