Report Update Mar 1, 2025

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

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Ukraine: Banana And Plantain Market 2025

Banana And Plantain Market Size in Ukraine

After six years of growth, the Ukrainian banana and plantain market decreased by -30.8% to $X in 2022. Overall, consumption saw a noticeable contraction. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Banana And Plantain Exports

Exports from Ukraine

In 2022, after two years of growth, there was significant decline in overseas shipments of bananas and plantains, when their volume decreased by -52.6% to X tons. Over the period under review, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 901%. As a result, the exports reached the peak of X tons, and then fell dramatically in the following year.

In value terms, banana and plantain exports fell rapidly to $X in 2022. In general, exports recorded a noticeable reduction. The most prominent rate of growth was recorded in 2021 with an increase of 851% against the previous year. As a result, the exports attained the peak of $X, and then shrank remarkably in the following year.

Exports by Country

Moldova (X tons) was the main destination for banana and plantain exports from Ukraine, accounting for a approx. 98% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Moldova was relatively modest.

In value terms, Moldova ($X) also remains the key foreign market for bananas and plantains exports from Ukraine.

From 2012 to 2022, the average annual rate of growth in terms of value to Moldova totaled -4.9%.

Export Prices by Country

The average banana and plantain export price stood at $X per ton in 2022, rising by 12% against the previous year. Over the period under review, the export price, however, saw a pronounced descent. The most prominent rate of growth was recorded in 2019 when the average export price increased by 70% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Moldova.

From 2012 to 2022, the rate of growth in terms of prices for Moldova amounted to -4.1% per year.

Banana And Plantain Imports

Imports into Ukraine

In 2022, after six years of growth, there was significant decline in supplies from abroad of bananas and plantains, when their volume decreased by -40.5% to X tons. Overall, imports showed a noticeable descent. The most prominent rate of growth was recorded in 2016 when imports increased by 32%. Over the period under review, imports hit record highs at X tons in 2021, and then contracted markedly in the following year.

In value terms, banana and plantain imports shrank significantly to $X in 2022. Over the period under review, imports showed a deep downturn. The most prominent rate of growth was recorded in 2020 with an increase of 13% against the previous year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Ecuador (X tons) constituted the largest supplier of banana and plantain to Ukraine, accounting for a 57% share of total imports. Moreover, banana and plantain imports from Ecuador exceeded the figures recorded by the second-largest supplier, Colombia (X tons), threefold. Costa Rica (X tons) ranked third in terms of total imports with a 15% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Ecuador totaled -5.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Colombia (+18.8% per year) and Costa Rica (+2.4% per year).

In value terms, Ecuador ($X) constituted the largest supplier of bananas and plantains to Ukraine, comprising 57% of total imports. The second position in the ranking was taken by Colombia ($X), with a 20% share of total imports. It was followed by Costa Rica, with a 16% share.

From 2012 to 2022, the average annual growth rate of value from Ecuador totaled -9.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Colombia (+18.8% per year) and Costa Rica (-1.5% per year).

Import Prices by Country

The average banana and plantain import price stood at $X per ton in 2022, surging by 31% against the previous year. Overall, the import price, however, showed a pronounced slump. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Guatemala ($X per ton) and Panama ($X per ton), while the price for Colombia ($X per ton) and Ecuador ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (-0.0%), 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?

The country with the largest volume of banana and plantain consumption was India, 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?

India remains the largest banana and plantain producing country worldwide, comprising approx. 19% of total volume. Moreover, banana and plantain production in India exceeded the figures recorded by the second-largest producer, China, threefold. The third position in this ranking was occupied by the Philippines, with a 5.6% share.

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

In value terms, Ecuador constituted the largest supplier of banana and plantain to Ukraine.

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

In value terms, Moldova remains the key foreign market for banana and plantain exports from Ukraine.

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

The average banana and plantain export price stood at $804 per ton in 2021, dropping by -5% against the previous year.

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

In 2021, the average banana and plantain import price amounted to $448 per ton, declining by -13.1% against the previous year.

This report provides an in-depth analysis of the banana and plantain market in Ukraine. 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:

Ukraine

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Ukraine
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