Bangladesh: Banana And Plantain Market 2025

Banana And Plantain Market Size in Bangladesh

The Bangladeshi banana and plantain market amounted to $X in 2022, with an increase of 2% against the previous year. In general, the total consumption indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +7.6% against 2019 indices. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Banana And Plantain Production in Bangladesh

In value terms, banana and plantain production stood at $X in 2022 estimated in export price. Overall, production, however, showed a strong increase. The growth pace was the most rapid in 2013 when the production volume increased by 63% against the previous year. Banana and plantain production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

The average yield of bananas and plantains in Bangladesh dropped slightly to X tons per ha in 2022, flattening at 2021. Over the period under review, the yield, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the yield increased by 5.4%. The banana and plantain yield peaked at X tons per ha in 2019; however, from 2020 to 2022, the yield failed to regain momentum. 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 Bangladesh dropped modestly to X ha, approximately mirroring the previous year. Over the period under review, the harvested area, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the harvested area increased by 2.9% against the previous year. Over the period under review, the harvested area dedicated to banana and plantain production reached the peak figure at X ha in 2021, and then declined modestly in the following year.

Banana And Plantain Exports

Exports from Bangladesh

Banana and plantain exports from Bangladesh fell dramatically to X tons in 2022, dropping by -62.9% on 2021 figures. Overall, exports, however, recorded resilient growth. The growth pace was the most rapid in 2013 when exports increased by 1,476% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, banana and plantain exports dropped notably to $X in 2022. Over the period under review, exports, however, recorded a significant increase. The pace of growth was the most pronounced in 2013 with an increase of 2,373%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Qatar (X tons) was the main destination for banana and plantain exports from Bangladesh, with a 51% share of total exports. Moreover, banana and plantain exports to Qatar exceeded the volume sent to the second major destination, Bahrain (X tons), fourfold. The third position in this ranking was held by Ireland (X tons), with a 7.6% share.

From 2012 to 2022, the average annual growth rate of volume to Qatar totaled -5.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bahrain (+31.0% per year) and Ireland (+59.2% per year).

In value terms, Qatar ($X) emerged as the key foreign market for bananas and plantains exports from Bangladesh, comprising 41% of total exports. The second position in the ranking was held by Ireland ($X), with a 12% share of total exports. It was followed by Germany, with an 8.5% share.

From 2012 to 2022, the average annual growth rate of value to Qatar totaled -4.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ireland (+57.8% per year) and Germany (+41.8% per year).

Export Prices by Country

The average banana and plantain export price stood at $X per ton in 2022, rising by 17% against the previous year. In general, the export price continues to indicate buoyant growth. The pace of growth appeared the most rapid in 2013 an increase of 57%. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Bahrain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (+13.5%), while the prices for the other major destinations experienced more modest paces of growth.

Banana And Plantain Imports

Imports into Bangladesh

In 2022, overseas purchases of bananas and plantains decreased by -83.9% to X tons, falling for the second year in a row after five years of growth. In general, imports recorded a pronounced reduction. The most prominent rate of growth was recorded in 2020 with an increase of 749% against the previous year. As a result, imports reached the peak of X tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, banana and plantain imports declined remarkably to $X in 2022. Over the period under review, imports, however, recorded a mild increase. The pace of growth appeared the most rapid in 2020 when imports increased by 734%. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Burundi (X tons) constituted the largest banana and plantain supplier to Bangladesh, accounting for a 88% share of total imports. Moreover, banana and plantain imports from Burundi exceeded the figures recorded by the second-largest supplier, Brazil (X kg), eightfold.

From 2012 to 2022, the average annual growth rate of volume from Burundi was relatively modest.

In value terms, Burundi ($X) constituted the largest supplier of bananas and plantains to Bangladesh, comprising 83% of total imports. The second position in the ranking was taken by Brazil ($X), with a 17% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Burundi was relatively modest.

Import Prices by Country

In 2022, the average banana and plantain import price amounted to $X per ton, picking up by 16% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.3%. The most prominent rate of growth was recorded in 2014 when the average import price increased by 55% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

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 Brazil ($X per ton), while the price for Burundi stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+24.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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