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

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Portugal: Banana Market Overview 2019

Banana Market Size in Portugal

The revenue of the banana market in Portugal amounted to $X in 2017, increasing by X% against the previous year. The market value increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2016, when it surged by X% y-o-y. The banana consumption peaked in 2017, and is expected to retain its growth in the near future.

Banana Production in Portugal

In 2017, banana production in Portugal amounted to X tonnes, increasing by X% against the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2014, when it surged by X% year-to-year. The banana production peaked in 2017, and is likely to continue its growth in the near future. Banana output in Portugal indicated a measured expansion, which was largely conditioned by a temperate expansion of the harvested area and a moderate growth in yield figures.

Average yield of bananas in Portugal totaled X tonne per ha in 2017, coming up by X% against the previous year. The yield figure increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained consistent, with only minor fluctuations being recorded over the period under review. The pace of growth was the most pronounced in 2014, with an increase of X% year-to-year. Over the period under review, the average banana yield attained its maximum level in 2017, and is likely to continue 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 2017, banana harvested area in Portugal totaled X ha, approximately reflecting the previous year. In general, banana harvested area continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014, with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to banana production reached its maximum of X ha in 2016, leveling off in the following year.

Banana Exports

Exports from Portugal

In 2017, approx. X tonnes of bananas were exported from Portugal; stabilizing at the previous year. In general, banana exports continue to indicate a dramatic contraction. The pace of growth appeared the most rapid in 2015, with an increase of X% against the previous year. The exports peaked of X tonnes in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

In value terms, banana exports amounted to $X in 2017. In general, banana exports continue to indicate a sharp shrinkage. In that year, the banana exports attained their peak level of $X. From 2009 to 2017, growth of the banana exports failed to regain its momentum.

Exports by Country

Spain (X tonnes) and Italy (X tonnes) were the main destinations of banana exports from Portugal, together comprising X% of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Italy (-X% per year).

In value terms, Italy ($X) and Spain ($X) appeared to be the largest markets for banana exported from Portugal worldwide, with a combined X% share of total exports.

Italy (-X% per year) experienced the highest rates of growth with regard to exports,in terms of the main countries of destination over the last decade.

Export Prices by Country

The average banana export price stood at $X per tonne in 2017, approximately reflecting the previous year. Overall, banana export price continues to indicate a mild decrease. The pace of growth was the most pronounced in 2011, when the average export price increased by X% against the previous year. In that year, the average export prices for bananas attained their peak level of $X per tonne. From 2012 to 2017, growth of the average export prices for bananas failed to regain its momentum.

Average export prices varied somewhat for the major foreign markets. In 2017, the country with the highest export price was Italy ($X per tonne), while average price for exports to Spain totaled $X per tonne.

From 2007 to 2017, the most notable rate of growth in terms of export prices was recorded for supplies to Italy (-X% per year).

Banana Imports

Imports into Portugal

In 2017, approx. X tonnes of bananas were imported into Portugal; growing by X% against the previous year. The total import volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2016, when it surged by X% against the previous year. The imports peaked in 2017, and are expected to retain its growth in the immediate term.

In value terms, banana imports totaled $X in 2017. In general, banana imports continue to indicate a relatively flat trend pattern. Over the period under review, the banana imports reached its peak figure level of $X in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

Imports by Country

In 2017, Spain (X tonnes) constituted the largest supplier of banana to Portugal, accounting for X% share of total imports. Moreover, banana imports from Spain exceeded the figures recorded by the second largest supplier, Costa Rica (X tonnes), twofold. Colombia (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 Spain totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Costa Rica (-X% per year) and Colombia (-X% per year).

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

From 2007 to 2017, the average annual rate of growth in terms of value from Spain totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Costa Rica (-X% per year) and Colombia (+X% per year).

Import Prices by Country

The average banana import price stood at $X per tonne in 2017, remaining relatively unchanged against the previous year. Overall, banana import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2011, when it surged by X% y-o-y. Over the period under review, the average import prices for bananas attained its maximum level of $X per tonne in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Average import prices varied somewhat amongst the major supplying countries. In 2017, the highest prices were recorded for import prices from Spain ($X per tonne) and Colombia ($X per tonne), while price for Mexico ($X per tonne) and Costa Rica ($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 Colombia (+X% per year), the import prices for other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Product coverage:
• FCL 486 - Bananas

This report provides an in-depth analysis of the banana market in Portugal. 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:
• Portugal

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Portugal
• 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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