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South-Eastern Asia - Bananas - Market Analysis, Forecast, Size, Trends and Insights
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South-Eastern Asia: Banana And Plantain Market Overview 2021

Banana And Plantain Market Size in South-Eastern Asia

The Southeast Asian banana and plantain market rose markedly to $X in 2020, surging by X% against the previous year. Over the period under review, consumption showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. The level of consumption peaked at $X in 2009; however, from 2010 to 2020, consumption remained at a lower figure.

Banana And Plantain Production in South-Eastern Asia

In value terms, banana and plantain production rose modestly to $X in 2020 estimated in export prices. In general, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2020, production stood at a somewhat lower figure.

The countries with the highest volumes of banana and plantain production in 2020 were the Philippines (X tonnes), Indonesia (X tonnes) and Viet Nam (X tonnes), with a combined X% share of total production. Myanmar, Thailand and Lao People's Democratic Republic lagged somewhat behind, together comprising a further X 2007 to 2020, the most notable rate of growth in terms of banana and plantain production, amongst the main producing countries, was attained by Lao People's Democratic Republic, while banana and plantain production for the other leaders experienced more modest paces of growth.

In 2020, the average yield of bananas and plantains in South-Eastern Asia expanded slightly to X tonnes per ha, with an increase of X% against 2019 figures. The yield figure increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the yield increased by X% year-to-year. The level of yield peaked at X tonnes per ha in 2018; afterwards, it flattened through to 2020. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The banana and plantain harvested area shrank modestly to X ha in 2020, almost unchanged from the previous year's figure. Overall, the harvested area recorded a slight shrinkage. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to banana and plantain production attained the peak figure at X ha in 2009; however, from 2010 to 2020, the harvested area failed to regain the momentum.

Production By Country in South-Eastern Asia

The countries with the highest volumes of banana and plantain production in 2020 were the Philippines (X tonnes), Indonesia (X tonnes) and Viet Nam (X tonnes), with a combined X% share of total production. These countries were followed by Myanmar, Thailand and Lao People's Democratic Republic, which together accounted for a further X 2007 to 2020, the biggest increases were in Lao People's Democratic Republic, while banana and plantain production for the other leaders experienced more modest paces of growth.

Banana And Plantain Exports

Exports in South-Eastern Asia

In 2020, shipments abroad of bananas and plantains increased by X% to X tonnes, rising for the fourth consecutive year after two years of decline. The total export volume increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 when exports increased by X% y-o-y. Over the period under review, exports reached the peak figure in 2020 and are expected to retain growth in the near future.

In value terms, banana and plantain exports reduced to $X in 2020. Total exports indicated pronounced growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports decreased by -X% against 2018 indices. The most prominent rate of growth was recorded in 2008 when exports increased by X% against the previous year. The level of export peaked at $X in 2018; however, from 2019 to 2020, exports stood at a somewhat lower figure.

Exports by Country

The Philippines was the major exporter of bananas and plantains in South-Eastern Asia, with the volume of exports finishing at X tonnes, which was near X% of total exports in 2020. It was distantly followed by Myanmar (X tonnes) and Viet Nam (X tonnes), together generating a X% share of total exports.

From 2007 to 2020, the biggest increases were in Viet Nam, while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, the Philippines ($X) remains the largest banana and plantain supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was occupied by Myanmar ($X), with a X% share of total exports.

In the Philippines, banana and plantain exports expanded at an average annual rate of +X% over the period from 2007-2020. In the other countries, the average annual rates were as follows: Myanmar (+X% per year) and Viet Nam (+X% per year).

Export Prices by Country

In 2020, the banana and plantain export price in South-Eastern Asia amounted to $X per tonne, falling by -X% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008 an increase of X% against the previous year. The level of export peaked at $X per tonne in 2016; however, from 2017 to 2020, export prices failed to regain the momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was the Philippines ($X per tonne), while Myanmar ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the Philippines, while the other leaders experienced mixed trends in the export price figures.

Banana And Plantain Imports

Imports in South-Eastern Asia

In 2020, purchases abroad of bananas and plantains increased by X% to X tonnes, rising for the second year in a row after two years of decline. Over the period under review, imports recorded a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, banana and plantain imports surged to $X in 2020. Overall, imports continue to indicate a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Singapore (X tonnes) and Thailand (X tonnes) represented roughly X% of total imports of bananas and plantains in 2020. It was distantly followed by Malaysia (X tonnes), Viet Nam (X tonnes) and Brunei Darussalam (X tonnes), together comprising a X% share of total imports.

From 2007 to 2020, the biggest increases were in Thailand (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X) constitutes the largest market for imported bananas and plantains in South-Eastern Asia, comprising X% of total imports. The second position in the ranking was occupied by Viet Nam ($X), with a X% share of total imports. It was followed by Malaysia, with a X% share.

In Singapore, banana and plantain imports increased at an average annual rate of +X% over the period from 2007-2020. In the other countries, the average annual rates were as follows: Viet Nam (X% per year) and Malaysia (+X% per year).

Import Prices by Country

In 2020, the banana and plantain import price in South-Eastern Asia amounted to $X per tonne, which is down by -X% against the previous year. Over the last thirteen years, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2008 when the import price increased by X% year-to-year. The level of import peaked at $X per tonne in 2014; however, from 2015 to 2020, import prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Viet Nam ($X per tonne), while Thailand ($X per tonne) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for bananas and plantains in South-Eastern Asia?
+
The countries with the highest volumes of banana and plantain consumption in 2020 were Indonesia (7.4M tonnes), the Philippines (7.1M tonnes) and Viet Nam (2M tonnes), together comprising 83% of total consumption. Thailand, Lao People's Democratic Republic and Malaysia lagged somewhat behind, together accounting for a further 14%.
What are the largest producers of bananas and plantains in South-Eastern Asia?
+
The countries with the highest volumes of banana and plantain production in 2020 were the Philippines (9M tonnes), Indonesia (7.5M tonnes) and Viet Nam (2.3M tonnes), together comprising 81% of total production. These countries were followed by Myanmar, Thailand and Lao People's Democratic Republic, which together accounted for a further 17%.
What are the leading exporters of bananas and plantains in South-Eastern Asia?
+
In value terms, the Philippines ($1.5B) remains the largest banana and plantain supplier in South-Eastern Asia, comprising 72% of total exports. The second position in the ranking was occupied by Myanmar ($367M), with a 18% share of total exports.
What are the leading importers of bananas and plantains in South-Eastern Asia?
+
In value terms, Singapore ($32M) constitutes the largest market for imported bananas and plantains in South-Eastern Asia, comprising 41% of total imports. The second position in the ranking was occupied by Viet Nam ($15M), with a 19% share of total imports. It was followed by Malaysia, with a 19% share.
What is the average export price for bananas and plantains in South-Eastern Asia?
+
The banana and plantain export price in South-Eastern Asia stood at $597 per tonne in 2020, which is down by -7.2% against the previous year.
What is the average import price for bananas and plantains in South-Eastern Asia?
+
The banana and plantain import price in South-Eastern Asia stood at $464 per tonne in 2020, declining by -6% against the previous year.

Product coverage:
• FCL 486 - Bananas
• FCL 489 -

This report provides an in-depth analysis of the banana and plantain market in South-Eastern Asia. 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.



Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in South-Eastern Asia, split by region and country
• Trade (exports and imports) in South-Eastern Asia
• 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

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
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 VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
7.3
HARVESTED AREA AND YIELD BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2020
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

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Brunei Darussalam
• Cambodia
• Indonesia
• Malaysia
• Myanmar
• Philippines
• Singapore
• Thailand
• Timor-Leste
• Viet Nam
• Lao People's Democratic Republic
LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption, By Country, 2015–2020
Table 5:
Production, In Physical Terms, By Country, 2007–2020
Table 6:
Harvested Area, By Country, 2007–2020
Table 7:
Yield, By Country, 2007–2020
Table 8:
Imports, In Physical Terms, By Country, 2007–2020
Table 9:
Imports, In Value Terms, By Country, 2007–2020
Table 10:
Import Prices, By Country Of Destination, 2007–2020
Table 11:
Exports, In Physical Terms, By Country, 2007–2020
Table 12:
Exports, In Value Terms, By Country, 2007–2020
Table 13:
Export Prices, By Country Of Origin, 2007–2020
Table 14:
Producer Prices, By Major Producing Country, 2020
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), By Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, By Country, 2020
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Yield And Growth
Figure 11:
Exports And Growth
Figure 12:
Export Prices And Growth
Figure 13:
Market Size And Growth
Figure 14:
Per Capita Consumption
Figure 15:
Imports And Growth
Figure 16:
Import Prices
Figure 17:
Production, In Physical Terms, 2007–2020
Figure 18:
Production, In Value Terms, 2007–2020
Figure 19:
Area Harvested, 2007–2020
Figure 20:
Yield, 2007–2020
Figure 21:
Production, By Country, 2020
Figure 22:
Production, In Physical Terms, By Country, 2007–2020
Figure 23:
Harvested Area, By Country, 2020
Figure 24:
Harvested Area, By Country, 2007–2020
Figure 25:
Yield, By Country, 2007–2020
Figure 26:
Imports, In Physical Terms, 2007–2020
Figure 27:
Imports, In Value Terms, 2007–2020
Figure 28:
Imports, In Physical Terms, By Country, 2020
Figure 29:
Imports, In Physical Terms, By Country, 2007–2020
Figure 30:
Imports, In Value Terms, By Country, 2007–2020
Figure 31:
Import Prices, By Country, 2007–2020
Figure 32:
Exports, In Physical Terms, 2007–2020
Figure 33:
Exports, In Value Terms, 2007–2020
Figure 34:
Exports, In Physical Terms, By Country, 2020
Figure 35:
Exports, In Physical Terms, By Country, 2007–2020
Figure 36:
Exports, In Value Terms, By Country, 2007–2020
Figure 37:
Export Prices, 2007–2020
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