Netherlands: Banana And Plantain Market Overview 2021

Banana And Plantain Market Size in the Netherlands

The Dutch banana and plantain market surged to $X in 2020, rising by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption showed a buoyant expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Banana And Plantain Exports

Exports from the Netherlands

In 2020, after ten years of growth, there was decline in shipments abroad of bananas and plantains, when their volume decreased by -X% to X tonnes. Overall, exports, however, enjoyed strong growth. The pace of growth appeared the most rapid in 2014 with an increase of X% year-to-year. Exports peaked at X tonnes in 2019, and then reduced modestly in the following year.

In value terms, banana and plantain exports rose modestly to $X in 2020. In general, exports, however, showed prominent growth. The most prominent rate of growth was recorded in 2014 when exports increased by X% y-o-y. Over the period under review, exports reached the maximum in 2020 and are expected to retain growth in the immediate term.

Exports by Country

Germany (X tonnes) was the main destination for banana and plantain exports from the Netherlands, accounting for a X% share of total exports. Moreover, banana and plantain exports to Germany exceeded the volume sent to the second major destination, Belgium (X tonnes), fourfold. Poland (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to Germany stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+X% per year) and Poland (+X% per year).

In value terms, Germany ($X) remains the key foreign market for banana and plantain exports from the Netherlands, comprising X% of total exports. The second position in the ranking was occupied by Belgium ($X), with a X% share of total exports. It was followed by Poland, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to Germany stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+X% per year) and Poland (+X% per year).

Export Prices by Country

In 2020, the average banana and plantain export price amounted to $X per tonne, with an increase of X% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 when the average export price increased by X% y-o-y. Over the period under review, average export prices attained the peak figure at $X per tonne in 2011; however, from 2012 to 2020, export prices failed to regain the momentum.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was France ($X per tonne), while the average price for exports to Poland ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Italy, while the prices for the other major destinations experienced more modest paces of growth.

Banana And Plantain Imports

Imports into the Netherlands

In 2020, imports of bananas and plantains into the Netherlands soared to X tonnes, jumping by X% on the previous year's figure. Overall, imports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. Imports peaked in 2020 and are expected to retain growth in years to come.

In value terms, banana and plantain imports surged to $X in 2020. Over the period under review, imports enjoyed a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Belgium (X tonnes), Costa Rica (X tonnes) and Panama (X tonnes) were the main suppliers of banana and plantain imports to the Netherlands, together accounting for X% of total imports. Ecuador, Germany, the Dominican Republic and Guatemala lagged somewhat behind, together comprising a further X 2007 to 2020, the biggest increases were in Guatemala (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Panama ($X), Costa Rica ($X) and Belgium ($X) were the largest banana and plantain suppliers to the Netherlands, together accounting for X% of total imports. Ecuador, Germany, Guatemala and the Dominican Republic lagged somewhat behind, together comprising a further X the main suppliers, Guatemala (+X% per year) recorded the highest growth rate of 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

In 2020, the average banana and plantain import price amounted to $X per tonne, rising by X% against the previous year. Over the period under review, import price indicated modest growth from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The import price peaked at $X per tonne in 2009; however, from 2010 to 2020, import prices stood at a somewhat lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for bananas and plantains in the world?

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India (31M tonnes) constituted the country with the largest volume of banana and plantain consumption, comprising approx. 19% of total volume. Moreover, banana and plantain consumption in India exceeded the figures recorded by the second-largest consumer, China (14M tonnes), twofold. The third position in this ranking was occupied by Indonesia (7.4M tonnes), with a 4.5% share.

What are the largest producers of bananas and plantains in the world?

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India (31M tonnes) constituted the country with the largest volume of banana and plantain production, comprising approx. 19% of total volume. Moreover, banana and plantain production in India exceeded the figures recorded by the second-largest producer, China (12M tonnes), threefold. The Philippines (9M tonnes) ranked third in terms of total production with a 5.5% share.

What are the leading suppliers of bananas and plantains to the Netherlands?

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In value terms, Panama ($231M), Costa Rica ($217M) and Belgium ($178M) constituted the largest banana and plantain suppliers to the Netherlands, together accounting for 68% of total imports. These countries were followed by Ecuador, Germany, Guatemala and the Dominican Republic, which together accounted for a further 26%.

What are the leading importers of bananas and plantains from the Netherlands?

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In value terms, Germany ($381M) remains the key foreign market for banana and plantain exports from the Netherlands, comprising 54% of total exports. The second position in the ranking was occupied by Belgium ($71M), with a 10% share of total exports. It was followed by Poland, with a 7.7% share.

What is the average export price for bananas and plantains in the Netherlands?

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The average banana and plantain export price stood at $891 per tonne in 2020, surging by 5.8% against the previous year.

What is the average import price for bananas and plantains in the Netherlands?

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The average banana and plantain import price stood at $890 per tonne in 2020, picking up by 65% against the previous year.