Global Plantain Market 2025

Plantain Market Size

In 2022, after three years of growth, there was decline in the global plantain market, when its value decreased by X% to $X. Over the period under review, consumption showed a relatively flat trend pattern. Global consumption peaked at $X in 2021, and then contracted slightly in the following year.

Plantain Production

In value terms, plantain production declined to $X in 2022 estimated in export price. In general, production, however, showed a slight decrease. The most prominent rate of growth was recorded in 2021 when the production volume increased by X%. Global production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

The countries with the highest volumes of production in 2022 were Uganda (X tons), Democratic Republic of the Congo (X tons) and Cameroon (X tons), together comprising X% of global production.

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

In 2022, the global average plantain yield reduced to X tons per ha, leveling off at 2021. Overall, the yield continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. The global yield peaked at X tons per ha in 2012; however, from 2013 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.

In 2022, the total area harvested in terms of plantains production worldwide was estimated at X ha, remaining stable against the previous year's figure. The harvested area increased at an average annual rate of X% 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 2019 when the harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to plantain production attained the peak figure at X ha in 2020; however, from 2021 to 2022, the harvested area stood at a somewhat lower figure.

Plantain Exports

Exports

In 2022, shipments abroad of plantains decreased by X% to X tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2014 when exports increased by X%. The global exports peaked at X tons in 2021, and then shrank markedly in the following year.

In value terms, plantain exports shrank significantly to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2014 when exports increased by X%. The global exports peaked at $X in 2021, and then reduced markedly in the following year.

Exports by Country

Guatemala (X tons) and Ecuador (X tons) represented the key exporters of plantains in 2022, reaching near X% and X% of total exports, respectively. It was distantly followed by Colombia (X tons) and Nicaragua (X tons), together generating a X% share of total exports. The following exporters - the United States (X tons), Mexico (X tons), the Netherlands (X tons), Sri Lanka (X tons), Cote d'Ivoire (X tons) and the United Arab Emirates (X tons) - together made up X% of total exports.

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

In value terms, Ecuador ($X), Guatemala ($X) and Colombia ($X) constituted the countries with the highest levels of exports in 2022, with a combined X% share of global exports. The United States, the Netherlands, Nicaragua, Mexico, the United Arab Emirates, Sri Lanka and Cote d'Ivoire lagged somewhat behind, together comprising a further X%.

The United Arab Emirates, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average plantain export price amounted to $X per ton, with a decrease of X% against the previous year. In general, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of X%. As a result, the export price reached the peak level of $X per ton, and then declined in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Cote d'Ivoire ($X per ton) was amongst the lowest.

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

Plantain Imports

Imports

In 2022, approx. X tons of plantains were imported worldwide; almost unchanged from the previous year. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Over the period under review, global imports attained the peak figure at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, plantain imports rose sharply to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 when imports increased by X%. Global imports peaked in 2022 and are likely to see gradual growth in the near future.

Imports by Country

The United States was the key importing country with an import of around X tons, which resulted at X% of total imports. It was distantly followed by El Salvador (X tons) and Romania (X tons), together generating a X% share of total imports. The following importers - Belgium (X tons), Italy (X tons), the United Arab Emirates (X tons), Spain (X tons), Honduras (X tons), Hungary (X tons), Qatar (X tons), the UK (X tons), the Netherlands (X tons) and France (X tons) - together made up X% of total imports.

Imports into the United States increased at an average annual rate of X% from 2012 to 2022. At the same time, the United Arab Emirates (X%), Hungary (X%), Honduras (X%), Romania (X%), the Netherlands (X%), Italy (X%), Qatar (X%) and the UK (X%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2022. El Salvador and Spain experienced a relatively flat trend pattern. By contrast, Belgium (X%) and France (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the United States, the United Arab Emirates and Romania increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported plantains worldwide, comprising X% of global imports. The second position in the ranking was held by Romania ($X), with a X% share of global imports. It was followed by Belgium, with a X% share.

From 2012 to 2022, the average annual growth rate of value in the United States totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: Romania (X% per year) and Belgium (X% per year).

Import Prices by Country

In 2022, the average plantain import price amounted to $X per ton, increasing by X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

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

Source: IndexBox Platform

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