China - Bananas - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBanana Prices in China
China Banana Import Price in September 2022
In September 2022, the banana price stood at $609 per ton (CIF, China), stabilizing at the previous month. In general, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in May 2022 an increase of 5.4% month-to-month. Over the period under review, average import prices hit record highs 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 Imports
In September 2022, purchases abroad of bananas was finally on the rise to reach 122K tons after four months of decline. Overall, imports, however, continue to indicate a pronounced reduction. The most prominent rate of growth was recorded in March 2022 with an increase of 48% month-to-month. Imports peaked at 223K tons in April 2022; however, from May 2022 to September 2022, imports failed to regain momentum.
In value terms, banana imports rose significantly to $74M (IndexBox estimates) in September 2022. Over the period under review, imports, however, saw a perceptible decrease. The growth pace was the most rapid in March 2022 when imports increased by 41% against the previous month. Imports peaked at 143K tons in May 2022; however, from June 2022 to September 2022, imports failed to regain momentum.
China Banana Imports by Country
In September 2022, the Philippines (65K tons) constituted the largest supplier of banana to China, with a 53% share of total imports. Moreover, banana 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 growth rate of volume from the Philippines totaled -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 to China, comprising 54% of total imports. The second position in the ranking was held 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 growth rate of value from the Philippines stood at -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).
This report provides an in-depth analysis of the banana 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
Country coverage:
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.
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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 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- 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 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- 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, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Banana imports experienced a significant decline, falling to $85M in June 2023.
465
In 2016 China's consumption on the banana market decreased by X%, to X thousand tons.
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In 2013, China's banana production was estimated at X million tons, which was the peak production level recorded from 2007 to 2013. In value terms, it reached X billion USD in 2013, which was X% less than the year before. Despite a consistent
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The demand for bananas remained robust amidst the pandemic. Despite record exports from Ecuador, which remains the world's largest banana supplier, prices in the largest import markets are rising due to strong demand and local COVID-related imbalances in supply chains. Driven by growing population, the global banana market could reach 143M tons by 2030. The increasing epidemic of the TR4 fungus could reduce the growth potential of the global market and accelerate the rise in prices.
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The global banana market revenue amounted to $58.5B in 2017, therefore, remained relatively stable against the...
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The global banana market revenue amounted to $X in 2017, flattening at the previous year. Overall, the total market indi...
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