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World - Plantains - Market Analysis, Forecast, Size, Trends and Insights
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Global Plantain Market Overview 2020

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Plantain Market Size

In 2019, the global plantain market decreased by -X% to $X for the first time since 2013, thus ending a five-year rising trend. The market value increased at an average annual rate of +X% from 2007 to 2019; however, the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Over the period under review, the global market hit record highs at $X in 2018, and then dropped slightly in the following year.

Plantain Production

In value terms, plantain production fell to $X in 2019 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2010 with an increase of X% year-to-year. Global production peaked at $X in 2018, and then contracted slightly in the following year.

The countries with the highest volumes of plantain production in 2019 were Democratic Republic of the Congo (X tonnes), Cameroon (X tonnes) and Ghana (X tonnes), together accounting for X% of global production.

From 2007 to 2019, the most notable rate of growth in terms of plantain production, amongst the key producing countries, was attained by Democratic Republic of the Congo, while plantain production for the other global leaders experienced more modest paces of growth.

In 2019, the global average yield of plantains was estimated at X kg per X ha, stabilizing at 2018 figures. In general, the yield showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the yield increased by X% against the previous year. The global yield peaked in 2019 and is expected to retain growth in years to come. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2019, approx. X ha of plantains were harvested worldwide; flattening at the year before. The harvested area increased at an average annual rate of +X% from 2007 to 2019; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2010 with an increase of X% y-o-y. The global harvested area peaked in 2019 and is expected to retain growth in the near future.

Production By Country

The countries with the highest volumes of plantain production in 2019 were Democratic Republic of the Congo (X tonnes), Cameroon (X tonnes) and Ghana (X tonnes), together accounting for X% of global production.

From 2007 to 2019, the most notable rate of growth in terms of plantain production, amongst the key producing countries, was attained by Democratic Republic of the Congo, while plantain production for the other global leaders experienced more modest paces of growth.

Plantain Exports

Exports

In 2019, after two years of growth, there was decline in shipments abroad of plantains, when their volume decreased by -X% to X tonnes. Overall, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when exports increased by X% year-to-year. Over the period under review, global exports reached the maximum at X tonnes in 2007; however, from 2008 to 2019, exports failed to regain the momentum.

In value terms, plantain exports reduced to $X in 2019. In general, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 when exports increased by X% y-o-y. Global exports peaked at $X in 2007; however, from 2008 to 2019, exports stood at a somewhat lower figure.

Exports by Country

In 2019, Guatemala (X tonnes), Ecuador (X tonnes), the Philippines (X tonnes), the Dominican Republic (X tonnes) and Colombia (X tonnes) was the main exporter of plantains in the world, making up X% of total export. Nicaragua (X tonnes), Mozambique (X tonnes), Cote d'Ivoire (X tonnes), the Netherlands (X tonnes) and the U.S. (X tonnes) held a minor share of total exports.

From 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by the Netherlands, while exports for the other global leaders experienced more modest paces of growth.

In value terms, the largest plantain supplying countries worldwide were the Dominican Republic ($X), Guatemala ($X) and Ecuador ($X), with a combined X% share of global exports. These countries were followed by the Philippines, Colombia, the Netherlands, the U.S., Nicaragua, Mozambique and Cote d'Ivoire, which together accounted for a further X Netherlands saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average plantain export price stood at $X per tonne in 2019, stabilizing at the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average export price increased by X% against the previous year. Over the period under review, average export prices hit record highs at $X per tonne in 2007; however, from 2008 to 2019, export prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was the Netherlands ($X per tonne), while Cote d'Ivoire ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Nicaragua, while the other global leaders experienced more modest paces of growth.

Plantain Imports

Imports

In 2019, global imports of plantains expanded to X tonnes, increasing by X% on the year before. In general, imports, however, showed a slight reduction. The pace of growth appeared the most rapid in 2016 with an increase of X% y-o-y. Global imports peaked at X tonnes in 2007; however, from 2008 to 2019, imports remained at a lower figure.

In value terms, plantain imports expanded slightly to $X in 2019. Over the period under review, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. Global imports peaked at $X in 2007; however, from 2008 to 2019, imports stood at a somewhat lower figure.

Imports by Country

The U.S. was the major importing country with an import of about X tonnes, which reached X% of total imports. Saudi Arabia (X tonnes) held the second position in the ranking, followed by South Africa (X tonnes), the Netherlands (X tonnes) and Romania (X tonnes). All these countries together occupied near X% share of total imports. The UK (X tonnes), El Salvador (X tonnes), the United Arab Emirates (X tonnes), Belgium (X tonnes), Jordan (X tonnes), Spain (X tonnes) and Macedonia (X tonnes) occupied a relatively small share of total imports.

From 2007 to 2019, average annual rates of growth with regard to plantain imports into the U.S. stood at +X%. At the same time, the United Arab Emirates (+X%), Romania (+X%), South Africa (+X%), the UK (+X%), Macedonia (+X%) and the Netherlands (+X%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest-growing importer imported in the world, with a CAGR of +X% from 2007-2019. Saudi Arabia experienced a relatively flat trend pattern. By contrast, Jordan (-X%), Belgium (-X%), Spain (-X%) and El Salvador (-X%) illustrated a downward trend over the same period. The U.S. (+X p.p.), South Africa (+X p.p.), Romania (+X p.p.), the United Arab Emirates (+X p.p.), the UK (+X p.p.) and the Netherlands (+X p.p.) significantly strengthened its position in terms of the global imports, while Belgium, Spain and El Salvador saw its share reduced by -X%, -X% and -X% from 2007 to 2019, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported plantains worldwide, comprising X% of global imports. The second position in the ranking was occupied by Saudi Arabia ($X), with a X% share of global imports. It was followed by the Netherlands, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value in the U.S. stood at +X%. The remaining importing countries recorded the following average annual rates of imports growth: Saudi Arabia (+X% per year) and the Netherlands (+X% per year).

Import Prices by Country

The average plantain import price stood at $X per tonne in 2019, standing approx. at the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. As a result, import price attained the peak level of $X per tonne. From 2018 to 2019, the growth in terms of the average import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major importing countries. In 2019, the country with the highest price was the Netherlands ($X per tonne), while El Salvador ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by El Salvador, while the other global leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for plantains in the world?
+
The countries with the highest volumes of plantain consumption in 2019 were Democratic Republic of the Congo (5.2M tonnes), Cameroon (4.8M tonnes) and Ghana (4.2M tonnes), together comprising 34% of global consumption.
What are the largest producers of plantains in the world?
+
The countries with the highest volumes of plantain production in 2019 were Democratic Republic of the Congo (5.2M tonnes), Cameroon (4.8M tonnes) and Ghana (4.3M tonnes), together comprising 34% of global production.
What are the leading suppliers of plantains in the world?
+
In value terms, the largest plantain supplying countries worldwide were the Dominican Republic ($131M), Guatemala ($109M) and Ecuador ($96M), together accounting for 50% of global exports. These countries were followed by the Philippines, Colombia, the Netherlands, the U.S., Nicaragua, Mozambique and Cote d'Ivoire, which together accounted for a further 33%.
What are the leading importers of plantains in the world?
+
In value terms, the U.S. ($230M) constitutes the largest market for imported plantains worldwide, comprising 27% of global imports. The second position in the ranking was occupied by Saudi Arabia ($99M), with a 12% share of global imports. It was followed by the Netherlands, with a 8.6% share.
What is the average export price for plantains in the world?
+
In 2019, the average plantain export price amounted to $537 per tonne, remaining constant against the previous year.
What is the average import price for plantains in the world?
+
In 2019, the average plantain import price amounted to $634 per tonne, approximately reflecting the previous year.

Product coverage:
• FCL 489 -

This report provides an in-depth analysis of the global plantain market. 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 World, split by region and country
• Trade (exports and imports) in World
• 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
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. GLOBAL 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. GLOBAL IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2019
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

United States
China
Japan
Germany
United Kingdom
France
Brazil
Italy
Russian Federation
India
Canada
Australia
Republic of Korea
Spain
Mexico
Indonesia
Netherlands
Turkey
Saudi Arabia
Switzerland
Sweden
Nigeria
Poland
Belgium
Argentina
Norway
Austria
Thailand
United Arab Emirates
Colombia
Denmark
South Africa
Malaysia
Israel
Singapore
Egypt
Philippines
Finland
Chile
Ireland
Pakistan
Greece
Portugal
Kazakhstan
Algeria
Czech Republic
Qatar
Peru
Romania
Vietnam
LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption, By Country, 2015–2019
Table 5:
Production, In Physical Terms, By Country, 2007–2019
Table 6:
Harvested Area, By Country, 2007–2019
Table 7:
Yield, By Country, 2007–2019
Table 8:
Imports, In Physical Terms, By Country, 2007–2019
Table 9:
Imports, In Value Terms, By Country, 2007–2019
Table 10:
Import Prices, By Country Of Destination, 2007–2019
Table 11:
Exports, In Physical Terms, By Country, 2007–2019
Table 12:
Exports, In Value Terms, By Country, 2007–2019
Table 13:
Export Prices, By Country Of Origin, 2007–2019
Table 14:
Producer Prices, By Major Producing Country, 2019
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), By Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Consumption, By Country, 2019
Figure 4:
Market Forecast To 2025
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, 2007–2019
Figure 18:
Production, In Value Terms, 2007–2019
Figure 19:
Area Harvested, 2007–2019
Figure 20:
Yield, 2007–2019
Figure 21:
Production, By Country, 2019
Figure 22:
Production, In Physical Terms, By Country, 2007–2019
Figure 23:
Harvested Area, By Country, 2019
Figure 24:
Harvested Area, By Country, 2007–2019
Figure 25:
Yield, By Country, 2007–2019
Figure 26:
Imports, In Physical Terms, 2007–2019
Figure 27:
Imports, In Value Terms, 2007–2019
Figure 28:
Imports, In Physical Terms, By Country, 2019
Figure 29:
Imports, In Physical Terms, By Country, 2007–2019
Figure 30:
Imports, In Value Terms, By Country, 2007–2019
Figure 31:
Import Prices, By Country, 2007–2019
Figure 32:
Exports, In Physical Terms, 2007–2019
Figure 33:
Exports, In Value Terms, 2007–2019
Figure 34:
Exports, In Physical Terms, By Country, 2019
Figure 35:
Exports, In Physical Terms, By Country, 2007–2019
Figure 36:
Exports, In Value Terms, By Country, 2007–2019
Figure 37:
Export Prices, 2007–2019

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