Report United Kingdom - Bananas - Market Analysis, Forecast, Size, Trends and Insights for 499$
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United Kingdom - Bananas - Market Analysis, Forecast, Size, Trends and Insights
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United Kingdom: Banana And Plantain Market 2022

Banana And Plantain Market Size in the UK

In 2021, the UK banana and plantain market decreased by -X% to $X, falling for the seventh consecutive year after three years of growth. Overall, consumption continues to indicate a mild setback. Banana and plantain consumption peaked at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Banana And Plantain Exports

Exports from the UK

In 2021, overseas shipments of bananas and plantains decreased by -X% to X tonnes, falling for the fourth year in a row after three years of growth. In general, exports, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. The exports peaked at X tonnes in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, banana and plantain exports contracted to $X in 2021. Overall, exports, however, recorded tangible growth. The most prominent rate of growth was recorded in 2013 when exports increased by X% year-to-year. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

Exports by Country

The Netherlands (X tonnes), Ireland (X tonnes) and France (X tonnes) were the main destinations of banana and plantain exports from the UK, together comprising X% of total exports.

From 2012 to 2021, the biggest increases were in the Netherlands (+X%), while shipments for the other leaders experienced more modest paces of growth.

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

Among the main countries of destination, the Netherlands, with a CAGR of +X%, saw 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 2021, the average banana and plantain export price amounted to $X per tonne, almost unchanged from the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of X% year-to-year. As a result, the export price reached the peak level of $X per tonne; afterwards, it flattened through to 2021.

Prices varied noticeably by the country of destination: the country with the highest price was Ireland ($X per tonne), while the average price for exports to Panama ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Ireland (+X%), while the prices for the other major destinations experienced mixed trend patterns.

Banana And Plantain Imports

Imports into the UK

In 2021, overseas purchases of bananas and plantains decreased by -X% to X tonnes, falling for the fifth year in a row after five years of growth. In general, imports continue to indicate a slight decrease. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Imports peaked at X tonnes in 2016; however, from 2017 to 2021, imports failed to regain momentum.

In value terms, banana and plantain imports shrank to $X in 2021. Overall, imports showed a slight curtailment. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. As a result, imports reached the peak of $X. From 2014 to 2021, the growth imports remained at a lower figure.

Imports by Country

Colombia (X tonnes), Costa Rica (X tonnes) and Ecuador (X tonnes) were the main suppliers of banana and plantain imports to the UK, together comprising X% of total imports. The Dominican Republic, Belize, Panama and Cameroon lagged somewhat behind, together accounting for a further X 2012 to 2021, the biggest increases were in Panama (+X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest banana and plantain suppliers to the UK were Colombia ($X), Costa Rica ($X) and the Dominican Republic ($X), together comprising X% of total imports. Belize, Ecuador, Cameroon and Panama lagged somewhat behind, together comprising a further X, with a CAGR of +X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average banana and plantain import price amounted to $X per tonne, surging by X% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. Over the period under review, average import prices reached the maximum at $X per tonne in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Cameroon ($X per tonne), while the price for Ecuador ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Cameroon (+X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tonnes

Frequently Asked Questions (FAQ) :

What are the largest markets for bananas and plantains in the world?
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India remains the largest banana and plantain consuming country worldwide, accounting for 18% of total volume. Moreover, banana and plantain consumption in India exceeded the figures recorded by the second-largest consumer, China, twofold. The third position in this ranking was occupied by Uganda, with a 4.7% share.
What are the largest producers of bananas and plantains in the world?
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India 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, threefold. The Philippines ranked third in terms of total production with a 5.6% share.
What are the leading suppliers of bananas and plantains to the UK?
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In value terms, Colombia, Costa Rica and the Dominican Republic constituted the largest banana and plantain suppliers to the UK, with a combined 63% share of total imports. These countries were followed by Belize, Ecuador, Cameroon and Panama, which together accounted for a further 22%.
What are the leading importers of bananas and plantains from the UK?
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In value terms, the largest markets for banana and plantain exported from the UK were Ireland, the Netherlands and France, together accounting for 90% of total exports.
What is the average export price for bananas and plantains in the UK?
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In 2021, the average banana and plantain export price amounted to $1,004 per tonne, approximately mirroring the previous year.
What is the average import price for bananas and plantains in the UK?
+
In 2021, the average banana and plantain import price amounted to $736 per tonne, growing by 5.1% against the previous year.

This report provides an in-depth analysis of the banana and plantain market in the UK. 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 2030.


Product coverage:
• FCL 486 - Bananas
• FCL 489 -
Country coverage:
• United Kingdom

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the UK
• 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
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
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, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2021
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 2021
Table 2:
Market Volume, In Physical Terms, 2007–2021
Table 3:
Market Value, 2007–2021
Table 4:
Per Capita Consumption In 2007–2021
Table 5:
Imports, In Physical Terms, By Country, 2007–2021
Table 6:
Imports, In Value Terms, By Country, 2007–2021
Table 7:
Import Prices, By Country Of Origin, 2007–2021
Table 8:
Exports, In Physical Terms, By Country, 2007–2021
Table 9:
Exports, In Value Terms, By Country, 2007–2021
Table 10:
Export Prices, By Country Of Destination, 2007–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2021
Figure 2:
Market Value, 2007–2021
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2021
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2021
Figure 5:
Trade Balance, In Physical Terms, 2007–2021
Figure 6:
Trade Balance, In Value Terms, 2007–2021
Figure 7:
Per Capita Consumption, 2007–2021
Figure 8:
Market Forecast To 2030
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, 2007–2021
Figure 22:
Production, In Value Terms, 2007–2021
Figure 23:
Area Harvested, 2007–2021
Figure 24:
Yield, 2007–2021
Figure 25:
Imports, In Physical Terms, 2007–2021
Figure 26:
Imports, In Value Terms, 2007–2021
Figure 27:
Imports, In Physical Terms, By Country, 2021
Figure 28:
Imports, In Physical Terms, By Country, 2007–2021
Figure 29:
Imports, In Value Terms, By Country, 2007–2021
Figure 30:
Import Prices, By Country Of Origin, 2007–2021
Figure 31:
Exports, In Physical Terms, 2007–2021
Figure 32:
Exports, In Value Terms, 2007–2021
Figure 33:
Exports, In Physical Terms, By Country, 2021
Figure 34:
Exports, In Physical Terms, By Country, 2007–2021
Figure 35:
Exports, In Value Terms, By Country, 2007–2021
Figure 36:
Export Prices, By Country Of Destination, 2007–2021
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