Austria: Banana And Plantain Market 2025

Banana And Plantain Market Size in Austria

The Austrian banana and plantain market expanded markedly to $X in 2022, growing by 8.8% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +2.6% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Banana And Plantain Exports

Exports from Austria

In 2022, the amount of bananas and plantains exported from Austria contracted modestly to X tons, dropping by -3.8% on 2021 figures. In general, exports continue to indicate a abrupt decline. The pace of growth was the most pronounced in 2013 when exports increased by 23%. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, banana and plantain exports declined modestly to $X in 2022. Over the period under review, exports continue to indicate a abrupt shrinkage. The growth pace was the most rapid in 2013 with an increase of 22% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Slovenia (X tons), Hungary (X tons) and Germany (X tons) were the main destinations of banana and plantain exports from Austria, together accounting for 84% of total exports. Italy, Switzerland and Slovakia lagged somewhat behind, together accounting for a further 13%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Slovakia (with a CAGR of +4.1%), while the other leaders experienced mixed trend patterns.

In value terms, Slovenia ($X), Hungary ($X) and Germany ($X) were the largest markets for banana and plantain exported from Austria worldwide, with a combined 83% share of total exports. Switzerland, Italy and Slovakia lagged somewhat behind, together comprising a further 16%.

Slovakia, with a CAGR of +7.5%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average banana and plantain export price stood at $X per ton in 2022, surging by 1.9% against the previous year. Over the last decade, it increased at an average annual rate of +1.1%. The most prominent rate of growth was recorded in 2016 an increase of 8% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Slovakia ($X per ton) and Switzerland ($X per ton), while the average price for exports to Hungary ($X per ton) and Germany ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+3.3%), while the prices for the other major destinations experienced more modest paces of growth.

Banana And Plantain Imports

Imports into Austria

In 2022, approx. X tons of bananas and plantains were imported into Austria; growing by 9.4% on the previous year's figure. The total import volume increased at an average annual rate of +2.6% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, banana and plantain imports expanded significantly to $X in 2022. The total import value increased at an average annual rate of +1.4% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Belgium (X tons) constituted the largest banana and plantain supplier to Austria, with a 45% share of total imports. Moreover, banana and plantain imports from Belgium exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold. The Netherlands (X tons) ranked third in terms of total imports with a 22% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Belgium totaled +311.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+67.6% per year) and the Netherlands (+114.2% per year).

In value terms, the largest banana and plantain suppliers to Austria were Belgium ($X), Germany ($X) and the Netherlands ($X), with a combined 88% share of total imports.

Belgium, with a CAGR of +301.5%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average banana and plantain import price amounted to $X per ton, almost unchanged from the previous year. In general, the import price saw a mild decrease. The most prominent rate of growth was recorded in 2016 an increase of 4.1%. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($X per ton), while the price for Costa Rica ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ecuador (-0.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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