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United Kingdom - Plantains - Market Analysis, Forecast, Size, Trends and Insights
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United Kingdom: Plantain Market Overview 2021

Plantain Market Size in the UK

The UK plantain market totaled $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). Overall, consumption, however, faced a deep setback. The pace of growth appeared the most rapid in 2015 when the market value increased by X% y-o-y. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2020, consumption remained at a lower figure.

Plantain Exports

Exports from the UK

After eight years of growth, overseas shipments of plantains decreased by -X% to X tonnes in 2020. Over the period under review, exports, however, posted strong growth. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. Over the period under review, exports reached the peak figure at X tonnes in 2019, and then dropped slightly in the following year.

In value terms, plantain exports contracted slightly to $X in 2020. In general, exports, however, saw a resilient increase. The most prominent rate of growth was recorded in 2016 with an increase of X% y-o-y. Over the period under review, exports attained the maximum at $X in 2019, and then reduced modestly in the following year.

Exports by Country

France (X tonnes) was the main destination for plantain exports from the UK, with a X% share of total exports. Moreover, plantain exports to France exceeded the volume sent to the second major destination, the Netherlands (X tonnes), fourfold.

From 2012 to 2020, the average annual growth rate of volume to France totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+X% per year) and Belgium (+X% per year).

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

From 2012 to 2020, the average annual growth rate of value to France stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+X% per year) and Belgium (+X% per year).

Export Prices by Country

In 2020, the average plantain export price amounted to $X per tonne, approximately reflecting the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by X% year-to-year. Over the period under review, average export prices hit record highs at $X per tonne in 2018; afterwards, it flattened through to 2020.

Average prices varied noticeably for the major export markets. In 2020, the country with the highest price was the Netherlands ($X per tonne), while the average price for exports to Belgium ($X per tonne) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to France, while the prices for the other major destinations experienced a decline.

Plantain Imports

Imports into the UK

In 2020, imports of plantains into the UK was estimated at X tonnes, surging by X% on the previous year's figure. Over the period under review, imports, however, saw a abrupt contraction. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Imports peaked at X tonnes in 2018; however, from 2019 to 2020, imports stood at a somewhat lower figure.

In value terms, plantain imports reduced slightly to $X in 2020. Overall, imports, however, showed a drastic downturn. The pace of growth appeared the most rapid in 2015 with an increase of X% y-o-y. Imports peaked at $X in 2018; however, from 2019 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, Colombia (X tonnes) constituted the largest supplier of plantain to the UK, accounting for a X% share of total imports. Moreover, plantain imports from Colombia exceeded the figures recorded by the second-largest supplier, Ecuador (X tonnes), more than tenfold. The third position in this ranking was occupied by the Netherlands (X tonnes), with a X% share.

From 2012 to 2020, the average annual rate of growth in terms of volume from Colombia totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Ecuador (+X% per year) and the Netherlands (+X% per year).

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

From 2012 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: Ecuador (+X% per year) and the Netherlands (+X% per year).

Import Prices by Country

The average plantain import price stood at $X per tonne in 2020, with a decrease of -X% against the previous year. Over the period from 2012 to 2020, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2014 when the average import price increased by X% against the previous year. The import price peaked at $X per tonne in 2019, and then declined in the following year.

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

From 2012 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 plantains in the world?
+
The countries with the highest volumes of plantain consumption in 2020 were Democratic Republic of the Congo (5.5M tonnes), Cameroon (5.1M tonnes) and Ghana (5M tonnes), together accounting for 35% of global consumption.
What are the largest producers of plantains in the world?
+
The countries with the highest volumes of plantain production in 2020 were Democratic Republic of the Congo (5.5M tonnes), Cameroon (5.1M tonnes) and Ghana (5M tonnes), together comprising 35% of global production.
What are the leading suppliers of plantains to the UK?
+
In value terms, Colombia ($25M) constituted the largest supplier of plantain to the UK, comprising 74% of total imports. The second position in the ranking was occupied by Ecuador ($3M), with a 8.7% share of total imports. It was followed by the Netherlands, with a 5.5% share.
What are the leading importers of plantains from the UK?
+
In value terms, France ($13M) remains the key foreign market for plantain exports from the UK, comprising 67% of total exports. The second position in the ranking was occupied by the Netherlands ($3.6M), with a 19% share of total exports.
What is the average export price for plantains in the UK?
+
In 2020, the average plantain export price amounted to $1,063 per tonne, stabilizing at the previous year.
What is the average import price for plantains in the UK?
+
The average plantain import price stood at $613 per tonne in 2020, which is down by -8.2% against the previous year.

Product coverage:
• FCL 489 -

This report provides an in-depth analysis of the 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 2025.


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

The Largest Destinations for Exports

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

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 In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
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, 2007–2020
Figure 22:
Production, In Value Terms, 2007–2020
Figure 23:
Area Harvested, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, In Physical Terms, 2007–2020
Figure 26:
Imports, In Value Terms, 2007–2020
Figure 27:
Imports, In Physical Terms, By Country, 2020
Figure 28:
Imports, In Physical Terms, By Country, 2007–2020
Figure 29:
Imports, In Value Terms, By Country, 2007–2020
Figure 30:
Import Prices, By Country Of Origin, 2007–2020
Figure 31:
Exports, In Physical Terms, 2007–2020
Figure 32:
Exports, In Value Terms, 2007–2020
Figure 33:
Exports, In Physical Terms, By Country, 2020
Figure 34:
Exports, In Physical Terms, By Country, 2007–2020
Figure 35:
Exports, In Value Terms, By Country, 2007–2020
Figure 36:
Export Prices, By Country Of Destination, 2007–2020

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