Japan: Banana And Plantain Market 2025

Banana And Plantain Market Size in Japan

After four years of growth, the Japanese banana and plantain market decreased by -8.5% to $X in 2022. Over the period under review, consumption saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 7.9%. Banana and plantain consumption peaked at $X in 2021, and then dropped in the following year.

Banana And Plantain Production in Japan

In value terms, banana and plantain production fell modestly to $X in 2022 estimated in export price. In general, production continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2016 when the production volume increased by 220% against the previous year. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

In 2022, the average yield of bananas and plantains in Japan dropped modestly to X tons per ha, almost unchanged from the previous year. Overall, the yield, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the yield increased by 217%. The banana and plantain yield peaked at X tons per ha in 2021, and then fell in the following year. 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 Japan was estimated at X ha, leveling off at 2021 figures. Overall, the harvested area recorded a abrupt downturn. The growth pace was the most rapid in 2019 when the harvested area increased by 20%. The banana and plantain harvested area peaked at X ha in 2012; however, from 2013 to 2022, the harvested area stood at a somewhat lower figure.

Banana And Plantain Exports

Exports from Japan

In 2022, approx. X tons of bananas and plantains were exported from Japan; dropping by -84.1% compared with the previous year's figure. In general, exports showed a dramatic decline. The pace of growth was the most pronounced in 2019 with an increase of 913% against the previous year. As a result, the exports reached the peak of X tons. From 2020 to 2022, the growth of the exports remained at a lower figure.

In value terms, banana and plantain exports declined notably to $X in 2022. Over the period under review, exports showed a abrupt descent. The most prominent rate of growth was recorded in 2019 when exports increased by 823% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Hong Kong SAR (X kg), Singapore (X kg) and Canada (X kg) were the main destinations of banana and plantain exports from Japan, together comprising 47% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Singapore (with a CAGR of -6.6%), while the other leaders experienced a decline.

In value terms, Singapore ($X), Hong Kong SAR ($X) and Canada ($X) constituted the largest markets for banana and plantain exported from Japan worldwide, together accounting for 52% of total exports.

Among the main countries of destination, Singapore, with a CAGR of -17.9%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average banana and plantain export price stood at $X per ton in 2022, surging by 102% against the previous year. Over the period under review, the export price showed buoyant growth. The pace of growth appeared the most rapid in 2013 when the average export price increased by 288%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($X per ton), while the average price for exports to Canada ($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 the Netherlands (+10.8%), while the prices for the other major destinations experienced a decline.

Banana And Plantain Imports

Imports into Japan

In 2022, purchases abroad of bananas and plantains decreased by -4.9% to X tons for the first time since 2016, thus ending a five-year rising trend. Overall, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when imports increased by 4.2% against the previous year. Over the period under review, imports hit record highs at X tons in 2021, and then shrank in the following year.

In value terms, banana and plantain imports reduced to $X in 2022. In general, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of 9.4% against the previous year. Imports peaked at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, the Philippines (X tons) constituted the largest supplier of banana and plantain to Japan, with a 78% share of total imports. Moreover, banana and plantain imports from the Philippines exceeded the figures recorded by the second-largest supplier, Ecuador (X tons), sevenfold. The third position in this ranking was held by Mexico (X tons), with a 6.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the Philippines stood at -2.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Ecuador (+12.3% per year) and Mexico (+37.6% per year).

In value terms, the Philippines ($X) constituted the largest supplier of bananas and plantains to Japan, comprising 77% of total imports. The second position in the ranking was held by Ecuador ($X), with an 11% share of total imports. It was followed by Mexico, with a 7.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the Philippines amounted to -1.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Ecuador (+12.3% per year) and Mexico (+36.3% per year).

Import Prices by Country

The average banana and plantain import price stood at $X per ton in 2022, shrinking by -4.5% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 9.7% against the previous year. As a result, import price attained the peak level of $X per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($X per ton), while the price for Guatemala ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+0.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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