Report Update Feb 1, 2025

Norway - Bananas and Plantains - Market Analysis, Forecast, Size, Trends and Insights

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Norway: Banana And Plantain Market 2025

Banana And Plantain Market Size in Norway

After four years of decline, the Norwegian banana and plantain market increased by 11% to $X in 2022. Over the period under review, consumption, however, showed a slight reduction. Banana and plantain consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Banana And Plantain Exports

Exports from Norway

In 2022, after two years of decline, there was significant growth in shipments abroad of bananas and plantains, when their volume increased by 6.2% to X tons. In general, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2016 when exports increased by 20,872%. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, banana and plantain exports skyrocketed to $X in 2022. Over the period under review, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2016 when exports increased by 19,026%. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

The Czech Republic (X tons) was the main destination for banana and plantain exports from Norway, with a 100% share of total exports. It was followed by the Netherlands (X kg), with less than 0.1% share of total exports.

From 2013 to 2022, the average annual rate of growth in terms of volume to the Czech Republic stood at +49.1%.

In value terms, the Czech Republic ($X) remains the key foreign market for bananas and plantains exports from Norway, comprising 100% of total exports. The second position in the ranking was taken by the Netherlands ($X), with less than 0.1% share of total exports.

From 2013 to 2022, the average annual growth rate of value to the Czech Republic amounted to +41.1%.

Export Prices by Country

In 2022, the average banana and plantain export price amounted to $X per ton, with an increase of 33% against the previous year. Overall, the export price continues to indicate a notable increase. The pace of growth was the most pronounced in 2018 an increase of 83%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($X per ton), while the average price for exports to the Netherlands totaled $X per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+10.5%).

Banana And Plantain Imports

Imports into Norway

After four years of decline, purchases abroad of bananas and plantains increased by 0.4% to X tons in 2022. Overall, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 when imports increased by 5.7% against the previous year. Over the period under review, imports attained the maximum at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, banana and plantain imports expanded remarkably to $X in 2022. Over the period under review, imports, however, showed a noticeable setback. Imports peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Costa Rica (X tons), Ecuador (X tons) and Colombia (X tons) were the main suppliers of banana and plantain imports to Norway, with a combined 97% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Costa Rica (with a CAGR of +5.2%), while imports for the other leaders experienced a decline.

In value terms, the largest banana and plantain suppliers to Norway were Costa Rica ($X), Ecuador ($X) and Colombia ($X), with a combined 95% share of total imports.

In terms of the main suppliers, Costa Rica, with a CAGR of +1.6%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average banana and plantain import price stood at $X per ton in 2022, with an increase of 12% against the previous year. Over the period under review, the import price, however, showed a noticeable contraction. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ecuador (-1.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for bananas and plantains in the world?

India remains the largest banana and plantain consuming country worldwide, accounting for 18% of total volume. Moreover, banana and plantain consumption in India exceeded the figures recorded by the second-largest consumer, China, twofold. The third position in this ranking was occupied by Uganda, with a 4.7% share.

What are the largest producers of bananas and plantains in the world?

The country with the largest volume of banana and plantain production was India, accounting for 19% of total volume. Moreover, banana and plantain production in India exceeded the figures recorded by the second-largest producer, China, threefold. The Philippines ranked third in terms of total production with a 5.6% share.

What are the leading suppliers of bananas and plantains to Norway?

In value terms, Costa Rica, Ecuador and Colombia appeared to be the largest banana and plantain suppliers to Norway, with a combined 91% share of total imports. These countries were followed by the Dominican Republic, which accounted for a further 5.5%.

What are the leading importers of bananas and plantains from Norway?

In value terms, the Czech Republic remains the key foreign market for banana and plantain exports from Norway, comprising 78% of total exports. The second position in the ranking was occupied by the Netherlands, with an 18% share of total exports.

What is the average export price for bananas and plantains in Norway?

The average banana and plantain export price stood at $1,890 per ton in 2021, waning by -1.7% against the previous year.

What is the average import price for bananas and plantains in Norway?

The average banana and plantain import price stood at $484 per ton in 2021, which is down by -14.7% against the previous year.

This report provides an in-depth analysis of the banana and plantain market in Norway. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 486 - Bananas
FCL 489 - Plantains

Country coverage:

Norway

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Norway
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2024
23. Production, In Value Terms, 2012–2024
24. Area Harvested, 2012–2024
25. Yield, 2012–2024
26. Imports, In Physical Terms, 2012–2024
27. Imports, In Value Terms, 2012–2024
28. Imports, In Physical Terms, By Country, 2024
29. Imports, In Physical Terms, By Country, 2012–2024
30. Imports, In Value Terms, By Country, 2012–2024
31. Import Prices, By Country Of Origin, 2012–2024
32. Exports, In Physical Terms, 2012–2024
33. Exports, In Value Terms, 2012–2024
34. Exports, In Physical Terms, By Country, 2024
35. Exports, In Physical Terms, By Country, 2012–2024
36. Exports, In Value Terms, By Country, 2012–2024
37. Export Prices, By Country Of Destination, 2012–2024