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 2019, growing 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). Over the period under review, consumption saw a slight expansion. The pace of growth appeared the most rapid in 2010 with an increase of X% year-to-year. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2019, consumption failed to regain the momentum.

Banana And Plantain Exports

Exports from the Netherlands

In 2019, overseas shipments of bananas and plantains increased by X% to X tonnes, rising for the tenth year in a row after two years of decline. In general, exports recorded buoyant growth. The growth pace was the most rapid in 2014 with an increase of X% year-to-year. Over the period under review, exports hit record highs in 2019 and are expected to retain growth in the immediate term.

In value terms, banana and plantain exports skyrocketed to $X in 2019. Overall, exports recorded buoyant growth. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Exports peaked in 2019 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, with 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. The third position in this ranking was occupied by Poland (X tonnes), with a X% share.

From 2007 to 2019, the average annual growth rate 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 2019, the average annual growth rate 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 2019, the average banana and plantain export price amounted to $X per tonne, stabilizing at the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 when the average export price increased by X% against the previous year. The export price peaked at $X per tonne in 2011; however, from 2012 to 2019, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2019, 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 2019, 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

After two years of decline, overseas purchases of bananas and plantains increased by X% to X tonnes in 2019. Over the period under review, imports continue to indicate buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, banana and plantain imports soared to $X in 2019. In general, imports showed a resilient expansion. The pace of growth appeared the most rapid in 2011 when imports increased by X% y-o-y. Imports peaked in 2019 and are expected to retain growth in the near future.

Imports by Country

Belgium (X tonnes), Panama (X tonnes) and Costa Rica (X tonnes) were the main suppliers of banana and plantain imports to the Netherlands, together accounting for X% of total imports. Ecuador, Germany, Guatemala and the Dominican Republic lagged somewhat behind, together accounting for a further X 2007 to 2019, 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) appeared to be the largest banana and plantain suppliers to the Netherlands, with a combined X% share of total imports. Ecuador, Germany, Guatemala and the Dominican Republic lagged somewhat behind, together accounting for a further X (+X% per year) recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the average banana and plantain import price amounted to $X per tonne, shrinking by -X% against the previous year. Overall, the import price recorded a pronounced shrinkage. The growth pace was the most rapid in 2008 an increase of X% year-to-year. The import price peaked at $X per tonne in 2009; however, from 2010 to 2019, 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 2019, 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 AI Platform

Frequently Asked Questions (FAQ) :

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

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India (30M tonnes) remains the largest banana and plantain consuming country worldwide, accounting for 19% of total volume. Moreover, banana and plantain consumption in India exceeded the figures recorded by the second-largest consumer, China (13M tonnes), twofold. Indonesia (7.3M tonnes) ranked third in terms of total consumption with a 4.7% share.

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

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India (30M tonnes) remains the largest banana and plantain producing country worldwide, accounting for 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 (9.2M tonnes) ranked third in terms of total production with a 5.8% share.

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

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In value terms, the largest banana and plantain suppliers to the Netherlands were Panama ($132M), Costa Rica ($119M) and Belgium ($95M), with a combined 64% share of total imports. Ecuador, Germany, Guatemala and the Dominican Republic lagged somewhat behind, together comprising a further 29%.

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

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In value terms, Germany ($358M) remains the key foreign market for banana and plantain exports from the Netherlands, comprising 52% of total exports. The second position in the ranking was occupied by Belgium ($79M), with a 11% share of total exports. It was followed by Poland, with a 8.2% 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 $842 per tonne in 2019, almost unchanged from the previous year.

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

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In 2019, the average banana and plantain import price amounted to $582 per tonne, which is down by -13.8% against the previous year.