Switzerland: Banana And Plantain Market Overview 2021

Banana And Plantain Market Size in Switzerland

The Swiss banana and plantain market amounted to $X in 2020, picking up 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). The market value increased at an average annual rate of +X% from 2007 to 2020; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2013 when the market value increased by X% against the previous year. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2020, consumption failed to regain the momentum.

Banana And Plantain Exports

Exports from Switzerland

In 2020, exports of bananas and plantains from Switzerland expanded remarkably to X tonnes, growing by X% compared with the previous year. Over the period under review, exports recorded a buoyant expansion. The most prominent rate of growth was recorded in 2016 when exports increased by X% y-o-y. Exports peaked in 2020 and are likely to see steady growth in the near future.

In value terms, banana and plantain exports skyrocketed to $X in 2020. Overall, exports recorded a prominent expansion. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. Over the period under review, exports hit record highs in 2020 and are likely to see steady growth in the immediate term.

Exports by Country

Germany (X tonnes) and the UK (X tonnes) were the main destinations of banana and plantain exports from Switzerland.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany.

In value terms, Germany ($X) remains the key foreign market for banana and plantain exports from Switzerland, comprising X% of total exports. The second position in the ranking was occupied by the UK ($X), with a X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of value to Germany totaled +X%.

Export Prices by Country

The average banana and plantain export price stood at $X per tonne in 2020, picking up by X% against the previous year. Over the period under review, the export price enjoyed a measured expansion. The most prominent rate of growth was recorded in 2015 when the average export price increased by X% year-to-year. As a result, export price reached the peak level of $X per tonne. from 2016 to 2020, the growth in terms of the average export prices remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In 2020, the country with the highest price was Germany ($X per tonne), while the average price for exports to the UK stood at $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Germany.

Banana And Plantain Imports

Imports into Switzerland

In 2020, purchases abroad of bananas and plantains increased by X% to X tonnes, rising for the eighth year in a row after four years of decline. The total import volume increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, banana and plantain imports rose remarkably to $X in 2020. The total import value increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2020, imports stood at a somewhat lower figure.

Imports by Country

Colombia (X tonnes), Panama (X tonnes) and Peru (X tonnes) were the main suppliers of banana and plantain imports to Switzerland, together comprising X% of total imports. Ecuador, the Dominican Republic and Nicaragua lagged somewhat behind, together accounting for a further X 2007 to 2020, the biggest increases were in Nicaragua (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Colombia ($X) constituted the largest supplier of banana and plantain to Switzerland, comprising X% of total imports. The second position in the ranking was occupied by Panama ($X), with a X% share of total imports. It was followed by Peru, with a X% share.

From 2007 to 2020, the average annual growth rate of value from Colombia amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Panama (+X% per year) and Peru (+X% per year).

Import Prices by Country

The average banana and plantain import price stood at $X per tonne in 2020, remaining relatively unchanged against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 when the average import price increased by X% y-o-y. As a result, import price attained the peak level of $X per tonne. from 2012 to 2020, the growth in terms of the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was the Dominican Republic ($X per tonne), while the price for Panama ($X per tonne) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

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India (31M 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 (14M tonnes), twofold. Indonesia (7.4M tonnes) ranked third in terms of total consumption with a 4.5% share.

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

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India (31M tonnes) constituted the country with the largest volume of banana and plantain production, 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 third position in this ranking was occupied by the Philippines (9M tonnes), with a 5.5% share.

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

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In value terms, Colombia ($42M) constituted the largest supplier of banana and plantain to Switzerland, comprising 38% of total imports. The second position in the ranking was occupied by Panama ($20M), with a 18% share of total imports. It was followed by Peru, with a 16% share.

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

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In value terms, Germany ($52K) remains the key foreign market for banana and plantain exports from Switzerland, comprising 69% of total exports. The second position in the ranking was occupied by the UK ($24K), with a 31% share of total exports.

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

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In 2020, the average banana and plantain export price amounted to $1,555 per tonne, growing by 30% against the previous year.

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

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In 2020, the average banana and plantain import price amounted to $1,080 per tonne, standing approx. at the previous year.