Netherlands - Bananas - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBanana Imports Reach Record $1.2B in the Netherlands for 2023
Netherlands Banana Imports
In 2023, after ten years of growth, there was significant decline in overseas purchases of bananas, when their volume decreased by -7.7% to 1.3M tons. In general, imports, however, posted a remarkable increase. The most prominent rate of growth was recorded in 2016 with an increase of 50% against the previous year. Over the period under review, imports hit record highs at 1.4M tons in 2022, and then fell in the following year.
In value terms, banana imports expanded notably to $1.2B (IndexBox estimates) in 2023. Overall, imports, however, saw a remarkable increase. The pace of growth appeared the most rapid in 2017 when imports increased by 71% against the previous year. Over the period under review, imports reached the maximum in 2023 and are expected to retain growth in years to come.
| COUNTRY | Import Value of Banana in Netherlands (million USD) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
| Ecuador | 47.2 | 47.6 | 35.8 | 34.3 | 42.0 | 56.0 | 111 | 149 | 221 | 289 | 348 |
| Costa Rica | 6.2 | 5.6 | 17.4 | 57.7 | 124 | 167 | 196 | 236 | 179 | 191 | 160 |
| Belgium | 54.5 | 51.1 | 51.2 | 48.2 | 63.7 | 106 | 120 | 135 | 123 | 118 | 141 |
| Dominican Republic | 9.9 | 20.2 | 7.6 | 5.0 | 10.1 | 24.5 | 36.7 | 65.8 | 130 | 151 | 136 |
| Panama | 1.4 | 1.1 | 25.1 | 70.0 | 232 | 230 | 217 | 232 | 113 | 89.5 | 90.2 |
| Germany | 49.7 | 81.9 | 91.9 | 83.0 | 84.0 | 54.8 | 53.1 | 53.4 | 93.7 | 61.7 | 80.3 |
| Colombia | 6.4 | 6.1 | 3.9 | 10.7 | 9.1 | 14.4 | 12.0 | 57.5 | 79.1 | 95.7 | 68.9 |
| Others | 32.8 | 37.0 | 32.8 | 44.1 | 39.1 | 90.0 | 96.4 | 102 | 128 | 96.2 | 139 |
| Total | 208 | 251 | 266 | 353 | 604 | 743 | 842 | 1,031 | 1,066 | 1,091 | 1,164 |
Imports by Country
Ecuador (397K tons), Costa Rica (233K tons) and Belgium (135K tons) were the main suppliers of banana imports to the Netherlands, with a combined 58% share of total imports. Panama, the Dominican Republic, Colombia and Germany lagged somewhat behind, together accounting for a further 31%.
From 2013 to 2023, the biggest increases were recorded for Panama (with a CAGR of +53.0%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, Ecuador ($348M) constituted the largest supplier of bananas to the Netherlands, comprising 30% of total imports. The second position in the ranking was held by Costa Rica ($160M), with a 14% share of total imports. It was followed by Belgium, with a 12% share.
From 2013 to 2023, the average annual rate of growth in terms of value from Ecuador totaled +22.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Costa Rica (+38.4% per year) and Belgium (+10.0% per year).
Import Prices by Country
In 2023, the banana price amounted to $877 per ton (CIF, Netherlands), increasing by 16% against the previous year. Over the period from 2013 to 2023, it increased at an average annual rate of +1.3%. The pace of growth appeared the most rapid in 2017 an increase of 53%. As a result, import price attained the peak level of $928 per ton. From 2018 to 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Germany ($1,165 per ton), while the price for Costa Rica ($685 per ton) was amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was attained by the Dominican Republic (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.
This report provides an in-depth analysis of the banana market in the Netherlands. 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
Country coverage:
- Netherlands
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Netherlands
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Area Harvested, 2012–2024
- Yield, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
