Romania: Banana And Plantain Market Overview 2021

Banana And Plantain Market Size in Romania

In 2019, the Romanian banana and plantain market decreased by -X% to $X for the first time since 2011, thus ending a seven-year rising trend. In general, consumption, however, enjoyed a temperate expansion. The pace of growth was the most pronounced in 2012 when the market value increased by X% year-to-year. Over the period under review, the market attained the peak level at $X in 2018, and then declined slightly in the following year.

Banana And Plantain Exports

Exports from Romania

In 2019, approx. X tonnes of bananas and plantains were exported from Romania; increasing by X% on 2018. Overall, exports saw a prominent increase. Exports peaked at X tonnes in 2010; however, from 2011 to 2019, exports failed to regain the momentum.

In value terms, banana and plantain exports skyrocketed to $X in 2019. In general, exports saw a prominent increase. Over the period under review, exports hit record highs at $X in 2011; however, from 2012 to 2019, exports remained at a lower figure.

Exports by Country

Croatia (X tonnes), Hungary (X tonnes) and Poland (X tonnes) were the main destinations of banana and plantain exports from Romania, with a combined X% share of total exports.

From 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland, while exports for the other leaders experienced more modest paces of growth.

In value terms, Croatia ($X), Hungary ($X) and Bulgaria ($X) were the largest markets for banana and plantain exported from Romania worldwide, together accounting for X% of total exports. These countries were followed by Poland, the Czech Republic and Slovakia, which together accounted for a further X terms of the main countries of destination, Poland recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2019, the average banana and plantain export price amounted to $X per tonne, declining by -X% against the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by X% against the previous year. As a result, export price attained the peak level of $X per tonne. From 2018 to 2019, the growth in terms of the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major export markets. In 2019, the highest prices were recorded for prices to Slovakia ($X per tonne) and Bulgaria ($X per tonne), while the average price for exports to the Czech Republic ($X per tonne) and Poland ($X per tonne) were amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria, while the prices for the other major destinations experienced more modest paces of growth.

Banana And Plantain Imports

Imports into Romania

After seven years of growth, purchases abroad of bananas and plantains decreased by -X% to X tonnes in 2019. In general, imports, however, saw a notable expansion. The most prominent rate of growth was recorded in 2015 when imports increased by X% year-to-year. Over the period under review, imports reached the peak figure at X tonnes in 2018, and then reduced slightly in the following year.

In value terms, banana and plantain imports declined slightly to $X in 2019. Overall, imports, however, enjoyed a notable increase. The most prominent rate of growth was recorded in 2012 when imports increased by X% year-to-year. Over the period under review, imports attained the maximum at $X in 2018, and then contracted modestly in the following year.

Imports by Country

Germany (X tonnes), Greece (X tonnes) and Belgium (X tonnes) were the main suppliers of banana and plantain imports to Romania, with a combined X% share of total imports.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Greece ($X) and Belgium ($X) constituted the largest banana and plantain suppliers to Romania, with a combined X% share of total imports.

In terms of the main suppliers, Belgium (+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 2019, the average banana and plantain import price amounted to $X per tonne, therefore, remained relatively stable against the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2011 when the average import price increased by X% y-o-y. Over the period under review, average import prices reached the peak figure at $X per tonne in 2014; however, from 2015 to 2019, import prices failed to regain the momentum.

Average prices varied noticeably amongst the major supplying countries. In 2019, the highest prices were recorded for prices from Slovenia ($X per tonne) and Greece ($X per tonne), while the price for France ($X per tonne) and the Netherlands ($X per tonne) were amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by France, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

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

+

India (30M tonnes) remains the largest banana and plantain consuming country worldwide, comprising approx. 19% of total volume. Moreover, banana and plantain consumption in India exceeded the figures recorded by the second-largest consumer, China (13M tonnes), twofold. The third position in this ranking was occupied by Indonesia (7.3M tonnes), with a 4.7% share.

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

+

The country with the largest volume of banana and plantain production was India (30M tonnes), 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 Romania?

+

In value terms, the largest banana and plantain suppliers to Romania were Germany ($41M), Greece ($27M) and Belgium ($24M), with a combined 53% share of total imports.

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

+

In value terms, Croatia ($588K), Hungary ($505K) and Bulgaria ($341K) appeared to be the largest markets for banana and plantain exported from Romania worldwide, together comprising 78% of total exports. Poland, the Czech Republic and Slovakia lagged somewhat behind, together comprising a further 21%.

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

+

In 2019, the average banana and plantain export price amounted to $790 per tonne, dropping by -9.2% against the previous year.

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

+

In 2019, the average banana and plantain import price amounted to $800 per tonne, therefore, remained relatively stable against the previous year.