South-Eastern Asia: Plantain Market 2025

Plantain Market Size in South-Eastern Asia

In 2022, after two years of growth, there was significant decline in the Southeast Asian plantain market, when its value decreased by X% to $X. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2021, and then dropped in the following year.

Plantain Production in South-Eastern Asia

In value terms, plantain production declined to $X in 2022 estimated in export price. The total production indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2019 indices. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, production attained the maximum level at $X in 2021, and then dropped in the following year.

The country with the largest volume of plantain production was the Philippines (X tons), comprising approx. X% of total volume. Moreover, plantain production in the Philippines exceeded the figures recorded by the second-largest producer, Myanmar (X tons), twofold.

In the Philippines, plantain production remained relatively stable over the period from 2012-2022.

In 2022, the average plantain yield in South-Eastern Asia shrank modestly to X tons per ha, remaining constant against 2021. Over the period under review, the yield saw a abrupt decline. The most prominent rate of growth was recorded in 2018 when the yield increased by X%. The level of yield peaked at X tons per ha in 2012; however, from 2013 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, approx. X ha of plantains were harvested in South-Eastern Asia; leveling off at 2021 figures. Over the period under review, the harvested area, however, saw a prominent increase. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to plantain production attained the maximum at X ha in 2021, and then contracted slightly in the following year.

Plantain Exports

Exports in South-Eastern Asia

For the third consecutive year, South-Eastern Asia recorded decline in shipments abroad of plantains, which decreased by X% to X tons in 2022. In general, exports saw a abrupt setback. The most prominent rate of growth was recorded in 2017 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2018 to 2022, the growth of the exports failed to regain momentum.

In value terms, plantain exports shrank significantly to $X in 2022. Over the period under review, exports faced a deep setback. The most prominent rate of growth was recorded in 2017 when exports increased by X%. The level of export peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Indonesia represented the major exporting country with an export of about X tons, which reached X% of total exports. Cambodia (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by the Philippines (X%).

From 2012 to 2022, average annual rates of growth with regard to plantain exports from Indonesia stood at X%. At the same time, Cambodia (X.2%) displayed positive paces of growth. Moreover, Cambodia emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of X.2% from 2012-2022. By contrast, the Philippines (X%) illustrated a downward trend over the same period. Indonesia (X p.p.) and Cambodia (X p.p.) significantly strengthened its position in terms of the total exports, while the Philippines saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, the largest plantain supplying countries in South-Eastern Asia were Indonesia ($X), Cambodia ($X) and the Philippines ($X), together accounting for X% of total exports.

Cambodia, with a CAGR of X.3%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per ton, shrinking by X% against the previous year. Over the period under review, the export price showed a perceptible contraction. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. The level of export peaked at $X per ton in 2021, and then dropped significantly in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the Philippines ($X per ton), while Indonesia ($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 (X%), while the other leaders experienced a decline in the export price figures.

Plantain Imports

Imports in South-Eastern Asia

In 2022, the amount of plantains imported in South-Eastern Asia reduced to X tons, shrinking by X% compared with the previous year. In general, imports, however, enjoyed a remarkable increase. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, plantain imports rose notably to $X in 2022. Over the period under review, imports, however, saw resilient growth. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the near future.

Imports by Country

Brunei Darussalam prevails in imports structure, amounting to X tons, which was near X% of total imports in 2022. It was distantly followed by Singapore (X tons), mixing up a X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to plantain imports into Brunei Darussalam stood at X%. At the same time, Singapore (X%) displayed positive paces of growth. Moreover, Singapore emerged as the fastest-growing importer imported in South-Eastern Asia, with a CAGR of X% from 2012-2022. While the share of Brunei Darussalam (X p.p.) and Singapore (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brunei Darussalam ($X) constitutes the largest market for imported plantains in South-Eastern Asia, comprising X% of total imports. The second position in the ranking was held by Singapore ($X), with a X% share of total imports.

In Brunei Darussalam, plantain imports increased at an average annual rate of X% over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in South-Eastern Asia amounted to $X per ton, with an increase of X% against the previous year. Overall, the import price enjoyed a temperate expansion. The growth pace was the most rapid in 2020 when the import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2021 to 2022, the import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Brunei Darussalam ($X per ton), while Singapore totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brunei Darussalam (X%).

Source: IndexBox Platform

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