Asia-Pacific: Plantain Market 2025

Plantain Market Size in Asia-Pacific

In 2022, the Asia-Pacific plantain market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked at $X in 2021, and then fell in the following year.

Plantain Production in Asia-Pacific

In value terms, plantain production fell to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. The level of production peaked at $X in 2021, and then declined in the following year.

The Philippines (X tons) constituted the country with the largest volume of plantain production, comprising approx. X% of total volume. Moreover, plantain production in the Philippines exceeded the figures recorded by the second-largest producer, Myanmar (X tons), twofold. Sri Lanka (X tons) ranked third in terms of total production with a X% share.

In the Philippines, plantain production remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: Myanmar (X% per year) and Sri Lanka (X% per year).

The average plantain yield stood at X tons per ha in 2022, stabilizing at 2021 figures. Overall, the yield, however, recorded a abrupt descent. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. The level of yield peaked at X tons per ha in 2012; however, from 2013 to 2022, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of plantains were harvested in Asia-Pacific; approximately reflecting 2021 figures. In general, the harvested area showed buoyant growth. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The level of harvested area peaked at X ha in 2020; however, from 2021 to 2022, the harvested area remained at a lower figure.

Plantain Exports

Exports in Asia-Pacific

In 2022, exports of plantains in Asia-Pacific contracted rapidly to X tons, which is down by X% against 2021. Overall, exports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, plantain exports fell notably to $X in 2022. Over the period under review, exports faced a deep setback. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. The level of export peaked at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, Sri Lanka (X tons) and Indonesia (X tons) were the main exporters of plantains in Asia-Pacific, together generating X% of total exports. It was distantly followed by Cambodia (X tons) and the Philippines (X tons), together constituting an X% share of total exports. India (X tons) took a minor share of total exports.

From 2012 to 2022, the biggest increases were recorded for Cambodia (with a CAGR of X.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Sri Lanka ($X) emerged as the largest plantain supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was held by Indonesia ($X), with a X% share of total exports. It was followed by Cambodia, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Sri Lanka totaled X%. In the other countries, the average annual rates were as follows: Indonesia (X% per year) and Cambodia (X.3% per year).

Export Prices by Country

In 2022, the export price in Asia-Pacific amounted to $X per ton, reducing by X% against the previous year. Overall, the export price continues to indicate a noticeable setback. The pace of growth appeared the most rapid in 2018 when the export price increased by X%. Over the period under review, the export prices reached the maximum at $X per ton in 2021, and then shrank remarkably in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the Philippines ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (X%), while the other leaders experienced mixed trends in the export price figures.

Plantain Imports

Imports in Asia-Pacific

In 2022, overseas purchases of plantains increased by X% to X tons, rising for the second year in a row after two years of decline. In general, imports, however, continue to indicate a mild curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, plantain imports rose rapidly to $X in 2022. Over the period under review, imports, however, continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Brunei Darussalam represented the main importing country with an import of about X tons, which resulted at X% of total imports. Japan (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by China (X%) and Singapore (X%).

From 2012 to 2022, average annual rates of growth with regard to plantain imports into Brunei Darussalam stood at X%. At the same time, China (X%), Japan (X%) and Singapore (X%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Brunei Darussalam, Japan, China and Singapore increased by X, X, X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brunei Darussalam ($X), Japan ($X) and Singapore ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports. China lagged somewhat behind, accounting for a further X%.

China, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Asia-Pacific amounted to $X per ton, which is down by X% against the previous year. In general, the import price faced a abrupt downturn. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. The level of import peaked at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Japan ($X per ton), while China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brunei Darussalam (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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