Southern Asia: Plantain Market 2025

Plantain Market Size in Southern Asia

The South Asian plantain market amounted to $X in 2022, surging by X% against the previous year. The total consumption indicated a temperate 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, consumption decreased by X% against 2020 indices. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Plantain Production in Southern Asia

In value terms, plantain production expanded remarkably to $X in 2022 estimated in export price. The total production indicated a moderate 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 decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

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

In Sri Lanka, plantain production increased at an average annual rate of X% over the period from 2012-2022.

In 2022, the average yield of plantains in Southern Asia rose notably to X tons per ha, growing by X% against the previous year's figure. The yield indicated slight growth from 2012 to 2022: its figure 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, plantain yield decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2020 when the yield increased by X% against the previous year. As a result, the yield attained the peak level of X tons per ha. From 2021 to 2022, the growth of the plantain yield failed to regain momentum. 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 Southern Asia; increasing by X% on the year before. The harvested area increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2013 when the harvested area increased by X%. Over the period under review, the harvested area dedicated to plantain production attained the peak figure at X ha in 2014; however, from 2015 to 2022, the harvested area stood at a somewhat lower figure.

Plantain Exports

Exports in Southern Asia

In 2022, overseas shipments of plantains decreased by X% to X tons, falling for the second year in a row after two years of growth. In general, exports, however, enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2014 when exports increased by X%. Over the period under review, the exports attained the peak figure at X tons in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, plantain exports fell markedly to $X in 2022. Overall, exports, however, showed a resilient increase. The pace of growth appeared the most rapid in 2014 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

Sri Lanka prevails in exports structure, accounting for X tons, which was near X% of total exports in 2022. It was distantly followed by India (X tons), comprising an X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to plantain exports from Sri Lanka stood at X%. At the same time, India (X%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of X% from 2012-2022. India (X p.p.) significantly strengthened its position in terms of the total exports, while Sri Lanka saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Sri Lanka ($X) remains the largest plantain supplier in Southern Asia, comprising X% of total exports. The second position in the ranking was taken by India ($X), with a X% share of total exports.

In Sri Lanka, plantain exports increased at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Southern Asia amounted to $X per ton, waning by X% against the previous year. Overall, the export price recorded a noticeable downturn. The pace of growth was the most pronounced in 2017 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2018 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was India ($X per ton), while Sri Lanka amounted to $X per ton.

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

Plantain Imports

Imports in Southern Asia

In 2022, supplies from abroad of plantains increased by X% to X tons, rising for the third consecutive year after three years of decline. Overall, imports, however, saw a dramatic curtailment. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, plantain imports skyrocketed to $X in 2022. In general, imports, however, faced a drastic downturn. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Maldives was the largest importing country with an import of around X tons, which finished at X% of total imports. It was distantly followed by India (X tons), comprising a X% share of total imports.

Maldives was also the fastest-growing in terms of the plantains imports, with a CAGR of X% from 2012 to 2022. India experienced a relatively flat trend pattern. From 2012 to 2022, the share of Maldives and India increased by X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Maldives ($X) constitutes the largest market for imported plantains in Southern Asia, comprising X% of total imports. The second position in the ranking was held by India ($X), with a X% share of total imports.

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

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period under review, the import price posted a significant expansion. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was India ($X per ton), while Maldives amounted to $X per ton.

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

Source: IndexBox Platform

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