Greece: Banana Market Overview 2020

Banana Market Size in Greece

The revenue of the banana market in Greece amounted to $X in 2018, going up by X% against the previous year. Over the period under review, banana consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 when the market value increased by X% against the previous year. Banana consumption peaked at $X in 2008; however, from 2009 to 2018, consumption remained at a lower figure.

Banana Production in Greece

In value terms, banana production amounted to $X in 2018 estimated in export prices. Overall, the total output indicated slight growth from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, banana production increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2016 when production volume increased by X% against the previous year. Over the period under review, banana production attained its maximum level at $X in 2010; however, from 2011 to 2018, production failed to regain its momentum.

In 2018, the average banana yield in Greece amounted to X tonne per ha, increasing by X% against the previous year. Over the period under review, the banana yield continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. Over the period under review, the average banana yield reached its maximum level in 2018 and is expected to retain 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 total area harvested in terms of bananas production in Greece totaled X ha, waning by -X% against the previous year. Over the period under review, the banana harvested area continues to indicate an abrupt shrinkage. The pace of growth appeared the most rapid in 2017 when harvested area increased by X% against the previous year. Banana harvested area peaked at X ha in 2007; however, from 2008 to 2018, harvested area stood at a somewhat lower figure.

Banana Exports

Exports from Greece

In 2018, approx. X tonnes of bananas were exported from Greece; going up by X% against the previous year. Overall, banana exports continue to indicate a strong expansion. The pace of growth appeared the most rapid in 2011 when exports increased by X% year-to-year. Over the period under review, banana exports attained their peak figure in 2018 and are expected to retain its growth in the near future.

In value terms, banana exports stood at $X in 2018. Overall, banana exports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Over the period under review, banana exports attained their maximum in 2018 and are likely to continue its growth in the immediate term.

Banana Imports

Imports into Greece

In 2018, approx. X tonnes of bananas were imported into Greece; jumping by X% against the previous year. Overall, banana imports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Over the period under review, banana imports attained their peak figure at X tonnes in 2008; however, from 2009 to 2018, imports stood at a somewhat lower figure.

In value terms, banana imports stood at $X in 2018. In general, banana imports continue to indicate temperate growth. The growth pace was the most rapid in 2011 when imports increased by X% year-to-year. Over the period under review, banana imports attained their peak figure at $X in 2008; however, from 2009 to 2018, imports failed to regain their momentum.

Source: IndexBox AI Platform