Saudi Arabia: Banana And Plantain Market 2025

Banana And Plantain Market Size in Saudi Arabia

The Saudi banana and plantain market contracted markedly to less than $X in 2022, with a decrease of 99.9% against the previous year. Overall, consumption saw a slight shrinkage. Banana and plantain consumption peaked at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Banana And Plantain Production in Saudi Arabia

In value terms, banana and plantain production totaled $X in 2022 estimated in export price. Overall, production recorded a relatively flat trend pattern. Over the period under review, production reached the peak level in 2022 and is likely to continue growth in the immediate term.

In 2022, the average banana and plantain yield in Saudi Arabia amounted to less than X kg per ha, approximately equating the previous year's figure. In general, the yield saw a relatively flat trend pattern. 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 Saudi Arabia totaled less than X ha, approximately reflecting the previous year's figure. Over the period under review, the harvested area showed a relatively flat trend pattern.

Banana And Plantain Exports

Exports from Saudi Arabia

In 2022, overseas shipments of bananas and plantains were finally on the rise to reach X tons after two years of decline. Overall, exports, however, continue to indicate a slight decrease. The most prominent rate of growth was recorded in 2014 with an increase of 88% against the previous year. 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 soared to $X in 2022. In general, exports showed temperate growth. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Poland (X tons) was the main destination for banana and plantain exports from Saudi Arabia, with a 62% share of total exports. Moreover, banana and plantain exports to Poland exceeded the volume sent to the second major destination, Jordan (X tons), threefold. The third position in this ranking was held by Bahrain (X tons), with an 8.1% share.

From 2012 to 2022, the average annual growth rate of volume to Poland was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Jordan (-11.1% per year) and Bahrain (+16.9% per year).

In value terms, Poland ($X) emerged as the key foreign market for bananas and plantains exports from Saudi Arabia, comprising 71% of total exports. The second position in the ranking was taken by Jordan ($X), with a 17% share of total exports. It was followed by Germany, with an 8% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Poland was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Jordan (-11.9% per year) and Germany (+1,804.0% per year).

Export Prices by Country

In 2022, the average banana and plantain export price amounted to $X per ton, growing by 5.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.1%. The pace of growth was the most pronounced in 2016 an increase of 21% against the previous year. The export price peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($X per ton), while the average price for exports to Bahrain ($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 Oman (+5.1%), while the prices for the other major destinations experienced a decline.

Banana And Plantain Imports

Imports into Saudi Arabia

After three years of decline, purchases abroad of bananas and plantains increased by 41% to X tons in 2021. Over the period under review, imports, however, saw a perceptible contraction. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, banana and plantain imports skyrocketed to $X in 2021. Overall, imports, however, continue to indicate a slight downturn. Imports peaked at $X in 2017; however, from 2018 to 2021, imports remained at a lower figure.

Imports by Country

Ecuador (X tons), the Philippines (X tons) and Costa Rica (X tons) were the main suppliers of banana and plantain imports to Saudi Arabia, together comprising 93% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Ecuador (with a CAGR of +17.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Ecuador ($X), the Philippines ($X) and India ($X) constituted the largest banana and plantain suppliers to Saudi Arabia, with a combined 90% share of total imports.

Ecuador, with a CAGR of +18.0%, recorded the highest growth rate of 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 2021, leveling off at the previous year. Over the last nine-year period, it increased at an average annual rate of +1.3%. The most prominent rate of growth was recorded in 2018 an increase of 10%. As a result, import price attained the peak level of $X per ton. From 2019 to 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Sri Lanka ($X per ton), while the price for Mozambique ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Yemen (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :