Report Algeria - Bananas and Plantains - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Algeria - Bananas and Plantains - Market Analysis, Forecast, Size, Trends and Insights

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Algeria: Banana And Plantain Market 2024

Banana And Plantain Market Size in Algeria

The Algerian banana and plantain market expanded markedly to $X in 2022, growing by 11% against the previous year. Overall, consumption showed a strong increase. Banana and plantain consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Banana And Plantain Production in Algeria

In value terms, banana and plantain production shrank to $X in 2022 estimated in export price. In general, production, however, recorded a deep setback. The growth pace was the most rapid in 2016 when the production volume increased by 75%. Banana and plantain production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

In 2022, the average banana and plantain yield in Algeria contracted to X tons per ha, waning by -9.6% against the year before. Over the period under review, the yield saw a slight downturn. The most prominent rate of growth was recorded in 2021 with an increase of 10% against the previous year. As a result, the yield reached the peak level of X tons per ha, and then dropped in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the harvested area of bananas and plantains in Algeria expanded rapidly to X ha, growing by 11% on the year before. In general, the harvested area, however, saw a pronounced slump. The most prominent rate of growth was recorded in 2016 with an increase of 57% against the previous year. The banana and plantain harvested area peaked at X ha in 2013; however, from 2014 to 2022, the harvested area failed to regain momentum.

Banana And Plantain Exports

Exports from Algeria

Banana and plantain exports from Algeria declined dramatically to X tons in 2021, reducing by -97.5% against the previous year's figure. Over the period under review, exports continue to indicate a abrupt setback. Over the period under review, the exports hit record highs at X tons in 2020, and then contracted markedly in the following year.

In value terms, banana and plantain exports shrank rapidly to $X in 2021. Overall, exports continue to indicate a perceptible curtailment. Over the period under review, the exports attained the peak figure at $X in 2020, and then declined notably in the following year.

Exports by Country

Switzerland (X tons) was the main destination for banana and plantain exports from Algeria, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Switzerland amounted to +132.2%.

In value terms, Switzerland ($X) emerged as the key foreign market for bananas and plantains exports from Algeria.

From 2012 to 2021, the average annual rate of growth in terms of value to Switzerland totaled +130.7%.

Export Prices by Country

In 2021, the average banana and plantain export price amounted to $X per ton, rising by 64% against the previous year. In general, the export price saw a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Switzerland.

From 2012 to 2021, the rate of growth in terms of prices for Switzerland amounted to -0.6% per year.

Banana And Plantain Imports

Imports into Algeria

In 2022, approx. X tons of bananas and plantains were imported into Algeria; rising by 15% against 2021. Overall, imports showed prominent growth. The pace of growth was the most pronounced in 2018 when imports increased by 321% against the previous year. Over the period under review, imports reached the maximum at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, banana and plantain imports rose sharply to $X in 2022. Over the period under review, imports showed a strong increase. The most prominent rate of growth was recorded in 2018 with an increase of 300%. Imports peaked at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Ecuador (X tons) was the main banana and plantain supplier to Algeria, accounting for a 98% share of total imports. It was followed by Colombia (X tons), with a 1.7% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Ecuador totaled +7.7%.

In value terms, Ecuador ($X) constituted the largest supplier of bananas and plantains to Algeria, comprising 99% of total imports. The second position in the ranking was taken by Colombia ($X), with a 1.3% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Ecuador totaled +9.3%.

Import Prices by Country

In 2022, the average banana and plantain import price amounted to $X per ton, dropping by -3.2% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The pace of growth appeared the most rapid in 2017 when the average import price increased by 19%. As a result, import price attained the peak level of $X per ton. From 2018 to 2022, the average import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Ecuador ($X per ton), while the price for Colombia totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ecuador (+1.5%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The country with the largest volume of banana and plantain consumption was India, accounting for 18% of total volume. Moreover, banana and plantain consumption in India exceeded the figures recorded by the second-largest consumer, China, twofold. Uganda ranked third in terms of total consumption with a 4.7% share.
India constituted the country with the largest volume of banana and plantain production, comprising approx. 19% of total volume. Moreover, banana and plantain production in India exceeded the figures recorded by the second-largest producer, China, threefold. The Philippines ranked third in terms of total production with a 5.6% share.
In value terms, Guatemala, Ecuador and Colombia appeared to be the largest banana and plantain suppliers to Algeria, together accounting for 100% of total imports.
In value terms, Switzerland remains the key foreign market for banana and plantain exports from Algeria.
The average banana and plantain export price stood at $788 per ton in 2021, dropping by -2.4% against the previous year.
In 2021, the average banana and plantain import price amounted to $495 per ton, approximately equating the previous year.

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

  • Algeria

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Algeria
  • 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 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    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 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
  12. 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

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