Report Update: Nov 1, 2024

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

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Banana and Plantain Prices in China

China Banana and Plantain Import Price in September 2022

In September 2022, the banana and plantain price stood at $609 per ton (CIF, China), remaining relatively unchanged against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2022 when the average import price increased by 5.4% m-o-m. Over the period under review, average import prices reached the peak figure at $690 per ton in June 2022; however, from July 2022 to September 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In September 2022, the countries with the highest prices were Ecuador ($742 per ton) and the Philippines ($611 per ton), while the price for Vietnam ($516 per ton) and Lao People's Democratic Republic ($544 per ton) were amongst the lowest.

From January 2022 to September 2022, the most notable rate of growth in terms of prices was attained by Ecuador (+2.3%), while the prices for the other major suppliers experienced a decline.

China Banana and Plantain Imports

After four months of decline, purchases abroad of bananas and plantains increased by 7.9% to 122K tons in September 2022. In general, imports, however, showed a noticeable contraction. The pace of growth appeared the most rapid in March 2022 when imports increased by 48% m-o-m. Over the period under review, imports hit record highs at 223K tons in April 2022; however, from May 2022 to September 2022, imports failed to regain momentum.

In value terms, banana and plantain imports rose markedly to $74M (IndexBox estimates) in September 2022. Overall, imports, however, continue to indicate a pronounced descent. The growth pace was the most rapid in March 2022 when imports increased by 41% m-o-m. Over the period under review, imports reached the maximum at 143K tons in May 2022; however, from June 2022 to September 2022, imports remained at a lower figure.

China Banana and Plantain Imports by Country

In September 2022, the Philippines (65K tons) constituted the largest supplier of banana and plantain to China, accounting for a 53% share of total imports. Moreover, banana and plantain imports from the Philippines exceeded the figures recorded by the second-largest supplier, Cambodia (26K tons), twofold. Ecuador (13K tons) ranked third in terms of total imports with an 11% share.

From January 2022 to September 2022, the average monthly rate of growth in terms of volume from the Philippines stood at -1.3%. The remaining supplying countries recorded the following average monthly rates of imports growth: Cambodia (-0.7% per month) and Ecuador (-2.9% per month).

In value terms, the Philippines ($40M) constituted the largest supplier of banana and plantain to China, comprising 54% of total imports. The second position in the ranking was taken by Cambodia ($15M), with a 21% share of total imports. It was followed by Ecuador, with a 13% share.

From January 2022 to September 2022, the average monthly rate of growth in terms of value from the Philippines amounted to -2.3%. The remaining supplying countries recorded the following average monthly rates of imports growth: Cambodia (-3.9% per month) and Ecuador (-0.7% per month).

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the banana and plantain market in China. 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:

China

Data coverage:

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

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
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, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023