Europe: Banana Market 2025

Banana Market Size in Europe

The Europe banana market contracted to $X in 2022, waning by -5.3% against the previous year. The market value increased at an average annual rate of +1.7% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2018 when the market value increased by 9.2%. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Banana Production in Europe

In value terms, banana production declined to $X in 2022 estimated in export price. In general, production, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the production volume increased by 31%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

The countries with the highest volumes of production in 2022 were Russia (X tons), Germany (X tons) and France (X tons), together comprising 73% of total production.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of +3.9%), while production for the other leaders experienced more modest paces of growth.

In 2022, the average banana yield in Europe was estimated at X tons per ha, picking up by 3.2% compared with the previous year's figure. Over the period under review, the yield, however, continues to indicate a deep downturn. The pace of growth appeared the most rapid in 2015 when the yield increased by 20% against the previous year. The level of yield peaked at X tons per ha in 2016; however, from 2017 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The banana harvested area reduced to X ha in 2022, which is down by -5.5% compared with the previous year. In general, the harvested area, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2018 when the harvested area increased by 74%. The level of harvested area peaked at X ha in 2021, and then fell in the following year.

Banana Exports

Exports in Europe

In 2022, after six years of growth, there was significant decline in shipments abroad of bananas, when their volume decreased by -29.5% to X tons. In general, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when exports increased by 51% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2021, and then dropped remarkably in the following year.

In value terms, banana exports declined remarkably to $X in 2022. Over the period under review, exports saw a mild shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 52%. Over the period under review, the exports attained the maximum at $X in 2021, and then shrank remarkably in the following year.

Exports by Country

The Netherlands represented the major exporting country with an export of around X tons, which finished at 41% of total exports. Germany (X tons) took the second position in the ranking, followed by France (X tons) and Belgium (X tons). All these countries together took approx. 30% share of total exports. Italy (X tons), Slovenia (X tons), Spain (X tons), Russia (X tons), Poland (X tons), Greece (X tons), the Czech Republic (X tons) and Portugal (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to banana exports from the Netherlands stood at +21.4%. At the same time, Slovenia (+21.9%), Poland (+12.2%), Portugal (+10.1%), Greece (+8.1%), Italy (+5.0%), Russia (+3.9%), the Czech Republic (+2.7%) and Germany (+1.1%) displayed positive paces of growth. Moreover, Slovenia emerged as the fastest-growing exporter exported in Europe, with a CAGR of +21.9% from 2012-2022. Spain experienced a relatively flat trend pattern. By contrast, France (-1.2%) and Belgium (-20.7%) illustrated a downward trend over the same period. While the share of the Netherlands (+35 p.p.), Slovenia (+3.5 p.p.), Germany (+2 p.p.), Poland (+1.8 p.p.) and Italy (+1.7 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Belgium (-48.1 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X) remains the largest banana supplier in Europe, comprising 42% of total exports. The second position in the ranking was held by Germany ($X), with a 13% share of total exports. It was followed by France, with a 9.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value in the Netherlands totaled +21.0%. The remaining exporting countries recorded the following average annual rates of exports growth: Germany (-1.1% per year) and France (-1.3% per year).

Export Prices by Country

The export price in Europe stood at $X per ton in 2022, remaining constant against the previous year. In general, the export price continues to indicate a mild contraction. The pace of growth was the most pronounced in 2021 an increase of 2.8% against the previous year. Over the period under review, the export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in the Czech Republic ($X per ton) and Belgium ($X per ton), while Russia ($X per ton) and France ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (-0.1%), while the other leaders experienced a decline in the export price figures.

Banana Imports

Imports in Europe

In 2022, approx. X tons of bananas were imported in Europe; falling by -14.6% compared with the previous year's figure. The total import volume increased at an average annual rate of +1.8% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 16% 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 imports contracted to $X in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 18%. The level of import peaked at $X in 2021, and then declined in the following year.

Imports by Country

The countries with the highest levels of banana imports in 2022 were Russia (X tons), Germany (X tons), the Netherlands (X tons), the UK (X tons), France (X tons) and Italy (X tons), together reaching 63% of total import. It was distantly followed by Poland (X tons), comprising a 4.8% share of total imports. Spain (X tons), Belgium (X tons), Portugal (X tons), Greece (X tons), Ukraine (X tons) and Sweden (X tons) took a relatively small share of total imports.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +13.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), Germany ($X) and the Netherlands ($X) constituted the countries with the highest levels of imports in 2022, together accounting for 37% of total imports.

Among the main importing countries, the Netherlands, with a CAGR of +14.6%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Europe stood at $X per ton in 2022, standing approx. at the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the import price increased by 3.1% against the previous year. Over the period under review, import prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in France ($X per ton) and Sweden ($X per ton), while Italy ($X per ton) and Spain ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+1.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform