Apr 11, 2019

Peru - Bananas - Market Analysis, Forecast, Size, Trends and Insights

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Peru: Banana Market Overview 2019

Banana Market Size in Peru

The revenue of the banana market in Peru amounted to $X in 2017, growing by X% against the previous year. Overall, banana consumption continues to indicate a deep curtailment. The growth pace was the most rapid in 2013, when market value increased by X% y-o-y. In that year, the banana market reached their peak level of $X. From 2014 to 2017, growth of the banana market stood at a somewhat lower level.

Banana Production in Peru

In 2017, the amount of bananas produced in Peru totaled X tonnes, surging by X% against the previous year. Overall, banana production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013, when it surged by X% against the previous year. The banana production peaked of X tonnes in 2015; afterwards, it flattened through to 2017. Banana output in Peru indicated a relatively flat trend pattern, which was largely conditioned by a relatively flat trend pattern of the harvested area and a strong expansion in yield figures.

In 2017, average banana yield in Peru amounted to X tonne per ha, standing approx. at the previous year. Overall, banana yield continues to indicate a prominent increase. The pace of growth was the most pronounced in 2012, when yield increased by X% year-to-year. Over the period under review, the average banana yield attained its maximum level of X tonne per ha in 2013; however, from 2014 to 2017, it stood at a somewhat lower level. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

Banana harvested area in Peru totaled X ha in 2017, surging by X% against the previous year. Overall, banana harvested area continues to indicate a strong growth. The pace of growth appeared the most rapid in 2008, when harvested area increased by X% against the previous year. The banana harvested area peaked of X ha in 2015; afterwards, it flattened through to 2017.

Banana Exports

Exports from Peru

Banana exports from Peru totaled X tonnes in 2017, therefore, remained relatively stable against the previous year. In general, banana exports continue to indicate a prominent increase. The pace of growth appeared the most rapid in 2014, when exports increased by X% against the previous year. The exports peaked in 2017, and are expected to retain its growth in the near future.

In value terms, banana exports totaled $X in 2017. In general, banana exports continue to indicate a strong growth. Over the period under review, the banana exports attained its peak figure level of $X in 2016, and then declined slightly in the following year.

Exports by Country

The Netherlands (X tonnes), the U.S. (X tonnes) and Germany (X tonnes) were the main destinations of banana exports from Peru, together accounting for X% of total exports. Austria, Belgium and Finland lagged somewhat behind, together comprising a further X%.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Austria (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, largest markets for banana exported from Peru were the Netherlands ($X), the U.S. ($X) and Germany ($X), with a combined X% share of total exports. Austria, Belgium and Finland lagged somewhat behind, together comprising a further X%.

Austria (+X% per year) recorded the highest rates of growth with regard to exports,among the main countries of destination over the last decade, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2017, the average banana export price amounted to $X per tonne, falling by -X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2008, when the average export price increased by X% against the previous year. Over the period under review, the average export prices for bananas attained its peak figure level of $X per tonne in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

There were significant differences in the average export prices for the major foreign markets. In 2017, the country with the highest export price was Austria ($X per tonne), while average price for exports to Finland ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was recorded for supplies to Germany (+X% per year), the export prices for other major destinations experienced more modest paces of growth.

Banana Imports

Imports into Peru

In 2017, the amount of bananas imported into Peru stood at X tonnes, growing by X% against the previous year. Overall, banana imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016, with an increase of X% against the previous year. Over the period under review, the banana imports attained its maximum volume of X tonnes in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

In value terms, banana imports totaled $X in 2017. In general, banana imports continue to indicate a temperate growth. The imports peaked of $X in 2009; however, from 2010 to 2017, it stood at a somewhat lower level.

Imports by Country

In 2017, Bolivia (X tonnes) constituted the largest supplier of banana to Peru, accounting for X% share of total imports. Moreover, banana imports from Bolivia exceeded the figures recorded by the second largest supplier, Costa Rica (X tonnes), fivefold. The Dominican Republic (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of volume from Bolivia was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Costa Rica (+X% per year) and the Dominican Republic (+X% per year).

In value terms, Bolivia ($X) constituted the largest supplier of banana to Peru, making up X% of total banana imports. The second position in the ranking was occupied by Costa Rica ($X), with a X% share of total imports. It was followed by the Dominican Republic, with a X% share.

From 2007 to 2017, the average annual growth rate of value from Bolivia stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Costa Rica (+X% per year) and the Dominican Republic (+X% per year).

Import Prices by Country

The average banana import price stood at $X per tonne in 2017, picking up by X% against the previous year. Overall, the import price indicated a modest growth from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the banana import price decreased by -X% against 2014 indices. The pace of growth was the most pronounced in 2009, when it surged by X% year-to-year. In that year, the average import prices for bananas reached their peak level of $X per tonne. From 2010 to 2017, growth of the average import prices for bananas failed to regain its momentum.

Average import prices varied somewhat amongst the major supplying countries. In 2017, the highest prices were recorded for import prices from Chile ($X per tonne) and the Philippines ($X per tonne), while price for Costa Rica ($X per tonne) and the Dominican Republic ($X per tonne) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Chile (+X% per year), the import prices for other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Product coverage:
• FCL 486 - Bananas

This report provides an in-depth analysis of the banana market in Peru. 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.


Country coverage:
• Peru
Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Peru
• 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
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2025
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. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2018
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2018
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

LIST OF TABLES
Table 1:
Key Findings In 2018
Table 2:
Market Volume, In Physical Terms, 2007–2018
Table 3:
Market Value, 2007–2018
Table 4:
Per Capita Consumption In 2007–2018
Table 5:
Imports, In Physical Terms, By Country, 2007–2018
Table 6:
Imports, In Value Terms, By Country, 2007–2018
Table 7:
Import Prices, By Country Of Origin, 2007–2018
Table 8:
Exports, In Physical Terms, By Country, 2007–2018
Table 9:
Exports, In Value Terms, By Country, 2007–2018
Table 10:
Export Prices, By Country Of Destination, 2007–2018
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2018
Figure 2:
Market Value, 2007–2018
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2018
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2018
Figure 5:
Trade Balance, In Physical Terms, 2007–2018
Figure 6:
Trade Balance, In Value Terms, 2007–2018
Figure 7:
Per Capita Consumption, 2007–2018
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2018
Figure 22:
Production, In Value Terms, 2007–2018
Figure 23:
Area Harvested, 2007–2018
Figure 24:
Yield, 2007–2018
Figure 25:
Imports, In Physical Terms, 2007–2018
Figure 26:
Imports, In Value Terms, 2007–2018
Figure 27:
Imports, In Physical Terms, By Country, 2018
Figure 28:
Imports, In Physical Terms, By Country, 2007–2018
Figure 29:
Imports, In Value Terms, By Country, 2007–2018
Figure 30:
Import Prices, By Country Of Origin, 2007–2018
Figure 31:
Exports, In Physical Terms, 2007–2018
Figure 32:
Exports, In Value Terms, 2007–2018
Figure 33:
Exports, In Physical Terms, By Country, 2018
Figure 34:
Exports, In Physical Terms, By Country, 2007–2018
Figure 35:
Exports, In Value Terms, By Country, 2007–2018
Figure 36:
Export Prices, By Country Of Destination, 2007–2018
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