Pakistan: Banana Market 2025

Banana Market Size in Pakistan

After two years of growth, the Pakistani banana market decreased by -81.5% to $X in 2022. Overall, consumption recorded a abrupt curtailment. Over the period under review, the market attained the peak level at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Banana Production in Pakistan

In value terms, banana production shrank to $X in 2022 estimated in export price. Over the period under review, production, however, showed a slight slump. The most prominent rate of growth was recorded in 2016 when the production volume increased by 33% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2022, production growth remained at a somewhat lower figure.

In 2022, the average yield of bananas in Pakistan expanded modestly to X tons per ha, increasing by 3.3% on the previous year. Over the period under review, the yield continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 12%. Over the period under review, the average banana yield reached the maximum level at X tons per ha in 2017; however, from 2018 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 total area harvested in terms of bananas production in Pakistan fell to X ha, standing approx. at the previous year's figure. The harvested area increased at an average annual rate of +4.1% 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 with an increase of 23%. Over the period under review, the harvested area dedicated to banana production attained the maximum at X ha in 2021, and then dropped in the following year.

Banana Exports

Exports from Pakistan

In 2022, overseas shipments of bananas increased by 134% to X tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports recorded a prominent increase. The pace of growth appeared the most rapid in 2013 when exports increased by 188% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, banana exports surged to $X in 2022. In general, exports posted a strong expansion. The growth pace was the most rapid in 2013 when exports increased by 159% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Afghanistan (X tons) was the main destination for banana exports from Pakistan, accounting for a 70% share of total exports. Moreover, banana exports to Afghanistan exceeded the volume sent to the second major destination, Kazakhstan (X tons), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Afghanistan totaled +11.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (+213.2% per year) and Uzbekistan (+300.7% per year).

In value terms, Afghanistan ($X) remains the key foreign market for bananas exports from Pakistan, comprising 73% of total exports. The second position in the ranking was held by Kazakhstan ($X), with a 21% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Afghanistan stood at +4.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (+191.5% per year) and Uzbekistan (+238.8% per year).

Export Prices by Country

The average banana export price stood at $X per ton in 2022, shrinking by -13.9% against the previous year. In general, the export price showed a deep reduction. The growth pace was the most rapid in 2016 an increase of 16%. As a result, the export price attained the peak level of $X per ton. From 2017 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Afghanistan ($X per ton), while the average price for exports to Uzbekistan ($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 Kazakhstan (-7.0%), while the prices for the other major destinations experienced a decline.

Banana Imports

Imports into Pakistan

In 2022, after four years of growth, there was decline in supplies from abroad of bananas, when their volume decreased by -1.4% to X tons. Overall, imports showed a precipitous shrinkage. The pace of growth was the most pronounced in 2014 when imports increased by 4,450% against the previous year. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, banana imports dropped modestly to $X in 2022. In general, imports recorded a significant decline. The growth pace was the most rapid in 2014 when imports increased by 7,866%. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Ecuador (X tons) was the main banana supplier to Pakistan, with a approx. 100% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Ecuador totaled +213.2%.

In value terms, Ecuador ($X) constituted the largest supplier of bananas to Pakistan.

From 2012 to 2022, the average annual growth rate of value from Ecuador stood at +161.0%.

Import Prices by Country

The average banana import price stood at $X per ton in 2022, remaining constant against the previous year. Over the period under review, the import price continues to indicate a prominent increase. The growth pace was the most rapid in 2017 an increase of 103% against the previous year. As a result, import price reached the peak level of $X per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Ecuador.

From 2012 to 2022, the rate of growth in terms of prices for the Philippines amounted to +89.7% per year.

Source: IndexBox Platform

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