Germany: Banana And Plantain Market 2022

Banana And Plantain Market Size in Germany

For the third year in a row, the German banana and plantain market recorded growth in sales value, which increased by X% to $X in 2021. The market value increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market failed to regain momentum.

Banana And Plantain Exports

Exports from Germany

In 2021, shipments abroad of bananas and plantains increased by X% to X tonnes, rising for the third year in a row after three years of decline. The total export volume increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 when exports increased by X% y-o-y. Over the period under review, the exports hit record highs at X tonnes in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, banana and plantain exports totaled $X in 2021. Overall, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 when exports increased by X% y-o-y. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Poland (X tonnes) was the main destination for banana and plantain exports from Germany, with a X% share of total exports. Moreover, banana and plantain exports to Poland exceeded the volume sent to the second major destination, Romania (X tonnes), threefold. The third position in this ranking was occupied by Denmark (X tonnes), with an X% share.

From 2012 to 2021, the average annual growth rate of volume to Poland amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (+X% per year) and Denmark (-X% per year).

In value terms, the largest markets for banana and plantain exported from Germany were Poland ($X), Denmark ($X) and the Netherlands ($X), with a combined X% share of total exports. These countries were followed by the Czech Republic, Romania, Finland, Austria and Latvia, which together accounted for a further X terms of the main countries of destination, Latvia, with a CAGR of +X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average banana and plantain export price amounted to $X per tonne, stabilizing at the previous year. Overall, the export price continues to indicate a pronounced curtailment. The most prominent rate of growth was recorded in 2018 an increase of X% y-o-y. The export price peaked at $X per tonne in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Denmark ($X per tonne), while the average price for exports to Romania ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+X%), while the prices for the other major destinations experienced mixed trend patterns.

Banana And Plantain Imports

Imports into Germany

For the third year in a row, Germany recorded growth in purchases abroad of bananas and plantains, which increased by X% to X tonnes in 2021. The total import volume increased at an average annual rate of +X% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2013 with an increase of X% year-to-year. Over the period under review, imports hit record highs at X tonnes in 2017; afterwards, it flattened through to 2021.

In value terms, banana and plantain imports stood at $X in 2021. The total import value increased at an average annual rate of +X% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of X% year-to-year. As a result, imports reached the peak of $X; afterwards, it flattened through to 2021.

Imports by Country

The Netherlands (X tonnes), Belgium (X tonnes) and Ecuador (X tonnes) were the main suppliers of banana and plantain imports to Germany, together comprising X% of total imports. These countries were followed by Colombia, Costa Rica, the Dominican Republic, Nicaragua and France, which together accounted for a further X 2012 to 2021, the biggest increases were in France (+X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X) constituted the largest supplier of banana and plantain to Germany, comprising X% of total imports. The second position in the ranking was occupied by Belgium ($X), with a X% share of total imports. It was followed by Ecuador, with a X% share.

From 2012 to 2021, the average annual growth rate of value from the Netherlands totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+X% per year) and Ecuador (-X% per year).

Import Prices by Country

The average banana and plantain import price stood at $X per tonne in 2021, flattening at the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per tonne. From 2014 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was France ($X per tonne), while the price for Nicaragua ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Nicaragua (-X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform