Italy: Banana And Plantain Market 2025

Banana And Plantain Market Size in Italy

The Italian banana and plantain market expanded modestly to $X in 2022, increasing by 2.8% against the previous year. The market value increased at an average annual rate of +1.0% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. Banana and plantain consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Banana And Plantain Production in Italy

In value terms, banana and plantain production dropped modestly to $X in 2022 estimated in export price. Over the period under review, production recorded a noticeable shrinkage. The growth pace was the most rapid in 2013 when the production volume increased by 4.3%. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

The average yield of bananas and plantains in Italy shrank slightly to X tons per ha in 2022, flattening at 2021. In general, the yield recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 3.6% against the previous year. Over the period under review, the average banana and plantain yield hit record highs at X tons per ha in 2014; however, from 2015 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, the harvested area of bananas and plantains in Italy stood at X ha, flattening at 2021. Overall, the harvested area continues to indicate a relatively flat trend pattern. The banana and plantain harvested area peaked in 2022 and is likely to continue growth in years to come.

Banana And Plantain Exports

Exports from Italy

After two years of growth, overseas shipments of bananas and plantains decreased by -9.6% to X tons in 2022. Over the period under review, total exports indicated a pronounced increase from 2012 to 2022: its volume increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +10.3% against 2018 indices. The most prominent rate of growth was recorded in 2016 when exports increased by 30%. Over the period under review, the exports reached the peak figure at X tons in 2021, and then fell in the following year.

In value terms, banana and plantain exports fell to $X in 2022. Overall, total exports indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +28.3% against 2018 indices. The most prominent rate of growth was recorded in 2021 with an increase of 41% against the previous year. As a result, the exports attained the peak of $X, and then reduced in the following year.

Exports by Country

France (X tons), Spain (X tons) and Germany (X tons) were the main destinations of banana and plantain exports from Italy, with a combined 67% share of total exports. Hungary, Croatia, Romania, Slovenia, Greece and Malta lagged somewhat behind, together comprising a further 26%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Croatia (with a CAGR of +72.8%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for banana and plantain exported from Italy were France ($X), Spain ($X) and Germany ($X), together accounting for 67% of total exports. Hungary, Croatia, Romania, Slovenia, Greece and Malta lagged somewhat behind, together accounting for a further 26%.

Among the main countries of destination, Croatia, with a CAGR of +63.4%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average banana and plantain export price amounted to $X per ton, surging by 4.4% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average export price increased by 8.8% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Malta ($X per ton) and Germany ($X per ton), while the average price for exports to Spain ($X per ton) and Hungary ($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 Malta (+1.5%), while the prices for the other major destinations experienced mixed trend patterns.

Banana And Plantain Imports

Imports into Italy

In 2022, overseas purchases of bananas and plantains decreased by -1.3% to X tons for the first time since 2019, thus ending a two-year rising trend. The total import volume increased at an average annual rate of +2.3% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 7%. Imports peaked at X tons in 2021, and then declined slightly in the following year.

In value terms, banana and plantain imports expanded slightly to $X in 2022. The total import value increased at an average annual rate of +1.2% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 when imports increased by 9.5% against the previous year. Over the period under review, imports reached the peak figure at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

Colombia (X tons), Ecuador (X tons) and Costa Rica (X tons) were the main suppliers of banana and plantain imports to Italy, with a combined 81% share of total imports. The Netherlands, France, Guatemala, Cote d'Ivoire and Belgium lagged somewhat behind, together accounting for a further 15%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Cote d'Ivoire (with a CAGR of +24.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Colombia ($X), Ecuador ($X) and Costa Rica ($X) appeared to be the largest banana and plantain suppliers to Italy, with a combined 79% share of total imports. The Netherlands, France, Guatemala, Cote d'Ivoire and Belgium lagged somewhat behind, together comprising a further 16%.

Cote d'Ivoire, with a CAGR of +21.7%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average banana and plantain import price stood at $X per ton in 2022, surging by 3.1% against the previous year. In general, the import price, however, continues to indicate a slight shrinkage. The growth pace was the most rapid in 2018 an increase of 4.4%. Over the period under review, average import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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 Belgium ($X per ton), while the price for Cote d'Ivoire ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+2.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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