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France - Bananas and Plantains - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Jan 1, 2025

France - Bananas and Plantains - Market Analysis, Forecast, Size, Trends And Insights

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Mar 6, 2023

France's Banana and Plantain Price Rises Slightly to $1,019 per Ton

France Banana and Plantain Import Price in November 2022

In November 2022, the banana and plantain price amounted to $1,019 per ton (CIF, France), standing approximately at the previous month. Over the period from January 2022 to November 2022, it increased at an average monthly rate of +1.7%. The growth pace was the most rapid in March 2022 when the average import price increased by 11% m-o-m. The import price peaked in November 2022.

Prices varied noticeably by the country of origin: the country with the highest price was Spain ($1,960 per ton), while the price for Colombia ($808 per ton) was amongst the lowest.

From January 2022 to November 2022, the most notable rate of growth in terms of prices was attained by Cote d'Ivoire (+2.4%), while the prices for the other major suppliers experienced more modest paces of growth.

France Banana and Plantain Imports

In November 2022, supplies from abroad of bananas and plantains decreased by -9.4% to 63K tons for the first time since July 2022, thus ending a three-month rising trend. Overall, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in February 2022 when imports increased by 18% month-to-month. Over the period under review, imports hit record highs at 73K tons in April 2022; however, from May 2022 to November 2022, imports failed to regain momentum.

In value terms, banana and plantain imports dropped to $64M (IndexBox estimates) in November 2022. The total import value increased at an average monthly rate of +2.1% from January 2022 to November 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain months. The most prominent rate of growth was recorded in February 2022 when imports increased by 23% against the previous month. Over the period under review, imports hit record highs at 73K tons in April 2022; however, from May 2022 to November 2022, imports failed to regain momentum.

France Banana and Plantain Imports by Country

In November 2022, Cote d'Ivoire (21K tons) constituted the largest supplier of banana and plantain to France, accounting for a 33% share of total imports. Moreover, banana and plantain imports from Cote d'Ivoire exceeded the figures recorded by the second-largest supplier, Belgium (9.8K tons), twofold. The Netherlands (9.1K tons) ranked third in terms of total imports with a 14% share.

From January 2022 to November 2022, the average monthly rate of growth in terms of volume from Cote d'Ivoire stood at +2.9%. The remaining supplying countries recorded the following average monthly rates of imports growth: Belgium (-3.7% per month) and the Netherlands (+0.4% per month).

In value terms, Cote d'Ivoire ($20M) constituted the largest supplier of banana and plantain to France, comprising 31% of total imports. The second position in the ranking was taken by Belgium ($9.9M), with a 15% share of total imports. It was followed by Spain, with a 14% share.

From January 2022 to November 2022, the average monthly growth rate of value from Cote d'Ivoire amounted to +5.3%. The remaining supplying countries recorded the following average monthly rates of imports growth: Belgium (-2.2% per month) and Spain (+3.5% per month).

Factors Affecting Banana and Plantain Prices

There are several reasons why the price of bananas has been on the rise in recent years. One major factor is an increase in production costs due to higher fuel prices and wages. In addition, bad weather conditions have led to lower yields in some banana-producing regions. Lastly, there has been a surge in demand for organic and Fairtrade bananas, which tend to be pricier than conventional varieties.

Transportation costs are a major factor in the higher price of bananas in France. Bananas must be transported from tropical countries like Ecuador, where they are grown, to European markets like France. This long-distance transport adds to the cost of the final product. Import tariffs are another significant factor contributing to the higher banana prices in France. These taxes add an additional cost for importers, which is ultimately passed on to consumers.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the banana and plantain market in France. 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 - Plantains

Country coverage:

  • France

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in France
  • 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption In 2012-2024
    5. Imports, In Physical Terms, By Country, 2012–2024
    6. Imports, In Value Terms, By Country, 2012–2024
    7. Import Prices, By Country Of Origin, 2012–2024
    8. Exports, In Physical Terms, By Country, 2012–2024
    9. Exports, In Value Terms, By Country, 2012–2024
    10. Export Prices, By Country Of Destination, 2012–2024

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
    5. Trade Balance, In Physical Terms, 2012-2024
    6. Trade Balance, In Value Terms, 2012-2024
    7. Per Capita Consumption, 2012-2024
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2024
    23. Production, In Value Terms, 2012–2024
    24. Area Harvested, 2012–2024
    25. Yield, 2012–2024
    26. Imports, In Physical Terms, 2012–2024
    27. Imports, In Value Terms, 2012–2024
    28. Imports, In Physical Terms, By Country, 2024
    29. Imports, In Physical Terms, By Country, 2012–2024
    30. Imports, In Value Terms, By Country, 2012–2024
    31. Import Prices, By Country Of Origin, 2012–2024
    32. Exports, In Physical Terms, 2012–2024
    33. Exports, In Value Terms, 2012–2024
    34. Exports, In Physical Terms, By Country, 2024
    35. Exports, In Physical Terms, By Country, 2012–2024
    36. Exports, In Value Terms, By Country, 2012–2024
    37. Export Prices, By Country Of Destination, 2012–2024

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