Iran: Banana And Plantain Market 2024

Banana And Plantain Market Size in Iran

In 2022, the Iranian banana and plantain market decreased by X% to $X for the first time since 2018, thus ending a three-year rising trend. Over the period under review, consumption, however, recorded a noticeable increase. Over the period under review, the market hit record highs at $X in 2021, and then shrank notably in the following year.

Banana And Plantain Production in Iran

In value terms, banana and plantain production amounted to $X in 2022 estimated in export price. Overall, production saw a strong increase. The most prominent rate of growth was recorded in 2019 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

In 2022, the average banana and plantain yield in Iran fell to X tons per ha, standing approx. at the previous year's figure. The yield figure increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when the yield increased by X%. The banana and plantain yield peaked at X tons per ha in 2016; however, from 2017 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.

The banana and plantain harvested area in Iran stood at X ha in 2022, almost unchanged from the year before. Over the period under review, the harvested area, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to banana and plantain production attained the maximum at X ha in 2012; however, from 2013 to 2022, the harvested area stood at a somewhat lower figure.

Banana And Plantain Exports

Exports from Iran

In 2022, exports of bananas and plantains from Iran soared to X tons, increasing by X% on 2021 figures. Overall, exports enjoyed a moderate expansion. The most prominent rate of growth was recorded in 2013 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, banana and plantain exports surged to $X in 2022. In general, exports showed strong growth. The pace of growth appeared the most rapid in 2013 when exports increased by X%. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Poland (X tons) was the main destination for banana and plantain exports from Iran, with a X% share of total exports. Moreover, banana and plantain exports to Poland exceeded the volume sent to the second major destination, Sweden (X tons), more than tenfold. Oman (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Poland totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (X% per year) and Oman (X% per year).

In value terms, Poland ($X) remains the key foreign market for bananas and plantains exports from Iran, comprising X% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a X% share of total exports. It was followed by Oman, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Poland totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Oman (X% per year).

Export Prices by Country

In 2022, the average banana and plantain export price amounted to $X per ton, with a decrease of X% against the previous year. Over the period under review, the export price, however, saw a perceptible expansion. The growth pace was the most rapid in 2021 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton, and then shrank sharply in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Sweden ($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 Bahrain (X%), while the prices for the other major destinations experienced mixed trend patterns.

Banana And Plantain Imports

Imports into Iran

In 2022, after three years of growth, there was significant decline in overseas purchases of bananas and plantains, when their volume decreased by X% to X tons. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2021, and then declined dramatically in the following year.

In value terms, banana and plantain imports shrank markedly to $X in 2022. Overall, imports, however, posted a strong expansion. The growth pace was the most rapid in 2013 with an increase of X%. Over the period under review, imports attained the peak figure at $X in 2021, and then dropped significantly in the following year.

Imports by Country

In 2022, India (X tons) constituted the largest banana and plantain supplier to Iran, with a X% share of total imports. Moreover, banana and plantain imports from India exceeded the figures recorded by the second-largest supplier, the Philippines (X tons), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from India totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Philippines (X% per year) and Turkey (X% per year).

In value terms, India ($X) constituted the largest supplier of bananas and plantains to Iran, comprising X% of total imports. The second position in the ranking was taken by the Philippines ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from India stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Philippines (X% per year) and Turkey (X% per year).

Import Prices by Country

The average banana and plantain import price stood at $X per ton in 2022, dropping by X% against the previous year. Over the period under review, the import price, however, posted a buoyant expansion. The pace of growth appeared the most rapid in 2019 an increase of X% against the previous year. The import price peaked at $X per ton in 2021, and then declined rapidly in the following year.

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

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

Source: IndexBox Platform

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