Switzerland: Banana And Plantain Market Overview 2021

Banana And Plantain Market Size in Switzerland

In 2019, the Swiss banana and plantain market decreased by -X% to $X for the first time since 2016, thus ending a two-year rising trend. Overall, consumption showed mild growth. 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 attained the maximum level at $X in 2014; however, from 2015 to 2019, consumption remained at a lower figure.

Banana And Plantain Exports

Exports from Switzerland

Banana and plantain exports from Switzerland skyrocketed to X tonnes in 2019, picking up by X% compared with the year before. Overall, exports saw pronounced growth. The pace of growth was the most pronounced in 2016 with an increase of X% year-to-year. Over the period under review, exports reached the peak figure in 2019 and are expected to retain growth in the immediate term.

In value terms, banana and plantain exports soared to $X in 2019. Over the period under review, exports continue to indicate resilient growth. As a result, exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Belgium (X tonnes), the Netherlands (X tonnes) and Germany (X tonnes) were the main destinations of banana and plantain exports from Switzerland, together comprising X% 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 Belgium, while exports for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for banana and plantain exported from Switzerland were Belgium ($X), the Netherlands ($X) and Germany ($X), with a combined X% share of total exports.

Among the main countries of destination, Belgium (+X% per year) recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2019, the average banana and plantain export price amounted to $X per tonne, increasing by X% against the previous year. Overall, the export price recorded a modest expansion. The growth pace was the most rapid in 2015 an increase of X% y-o-y. As a result, export price reached the peak level of $X per tonne. From 2016 to 2019, the growth in terms of the average export prices failed to regain the momentum.

There were significant differences in the average prices for the major overseas markets. In 2019, the country with the highest price was Germany ($X per tonne), while the average price for exports to the Netherlands ($X per tonne) was amongst the lowest.

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

Banana And Plantain Imports

Imports into Switzerland

In 2019, approx. X tonnes of bananas and plantains were imported into Switzerland; leveling off at the previous year's figure. The total import volume increased at an average annual rate of +X% over the period from 2007 to 2019; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Imports peaked in 2019 and are expected to retain growth in the immediate term.

In value terms, banana and plantain imports declined slightly to $X in 2019. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when imports increased by X% year-to-year. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2019, 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 accounting for X% of total imports. These countries were followed by Ecuador, the Dominican Republic, Costa Rica and Nicaragua, which together accounted for a further X 2007 to 2019, 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 2019, the average annual rate of growth in terms 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 2019, dropping by -X% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 when the average import price increased by X% year-to-year. The import price peaked at $X per tonne in 2014; however, from 2015 to 2019, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2019, 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 2019, 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 AI Platform

Frequently Asked Questions (FAQ) :

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

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The country with the largest volume of banana and plantain consumption was India (30M tonnes), accounting for 19% of total volume. Moreover, banana and plantain consumption in India exceeded the figures recorded by the second-largest consumer, China (13M tonnes), twofold. Indonesia (7.3M tonnes) ranked third in terms of total consumption with a 4.7% share.

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

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India (30M tonnes) constituted the country with the largest volume of banana and plantain production, comprising approx. 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 (9.2M tonnes), with a 5.8% share.

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

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In value terms, Colombia ($39M) constituted the largest supplier of banana and plantain to Switzerland, comprising 37% of total imports. The second position in the ranking was occupied by Panama ($19M), with a 18% share of total imports. It was followed by Peru, with a 15% share.

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

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In value terms, the largest markets for banana and plantain exported from Switzerland were Belgium ($25K), the Netherlands ($20K) and Germany ($6.8K), together accounting for 100% of total exports.

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

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In 2019, the average banana and plantain export price amounted to $1,192 per tonne, increasing by 6.9% against the previous year.

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

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The average banana and plantain import price stood at $1,083 per tonne in 2019, waning by -4.4% against the previous year.