Belgium: Banana And Plantain Market 2024

Banana And Plantain Market Size in Belgium

The Belgian banana and plantain market shrank to $X in 2022, reducing by X% against the previous year. Overall, consumption, however, saw a pronounced descent. Banana and plantain consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Banana And Plantain Production in Belgium

In value terms, banana and plantain production expanded significantly to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Banana and plantain production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

The average yield of bananas and plantains in Belgium amounted to less than X kg per ha in 2022, approximately equating the previous year's figure. Over the period under review, the yield showed 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, approx. less than X ha of bananas and plantains were harvested in Belgium; approximately mirroring 2021 figures. Over the period under review, the harvested area saw a relatively flat trend pattern.

Banana And Plantain Exports

Exports from Belgium

Banana and plantain exports from Belgium reduced to X tons in 2022, falling by X% on the year before. Overall, exports saw a noticeable decline. The most prominent rate of growth was recorded in 2020 when exports increased by X%. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, banana and plantain exports reduced to $X in 2022. In general, exports continue to indicate a abrupt curtailment. The growth pace was the most rapid in 2020 with an increase of X%. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X tons), France (X tons) and the Netherlands (X tons) were the main destinations of banana and plantain exports from Belgium, together accounting for X% of total exports. The Czech Republic, Poland, Austria and Spain lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Spain (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and the Netherlands ($X) appeared to be the largest markets for banana and plantain exported from Belgium worldwide, with a combined X% share of total exports. The Czech Republic, Poland, Austria and Spain lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Spain, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average banana and plantain export price stood at $X per ton in 2022, growing by X% against the previous year. Overall, the export price, however, showed a slight descent. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were the Netherlands ($X per ton) and Poland ($X per ton), while the average price for exports to Germany ($X per ton) and the Czech Republic ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (X%), while the prices for the other major destinations experienced a decline.

Banana And Plantain Imports

Imports into Belgium

Banana and plantain imports into Belgium reduced to X tons in 2022, which is down by X% against 2021 figures. In general, imports showed a perceptible shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, banana and plantain imports shrank sharply to $X in 2022. Over the period under review, imports saw a abrupt downturn. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Colombia (X tons), Ecuador (X tons) and Costa Rica (X tons) were the main suppliers of banana and plantain imports to Belgium, together comprising X% of total imports. Cameroon, the Netherlands, Cote d'Ivoire, Germany, the Dominican Republic, Peru and Panama lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Colombia ($X), Ecuador ($X) and Cameroon ($X) appeared to be the largest banana and plantain suppliers to Belgium, together accounting for X% of total imports. Costa Rica, the Netherlands, Germany, Cote d'Ivoire, the Dominican Republic, Peru and Panama lagged somewhat behind, together comprising a further X%.

Germany, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average banana and plantain import price amounted to $X per ton, waning by X% against the previous year. In general, the import price continues to indicate a deep setback. The growth pace was the most rapid in 2020 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Colombia ($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 Dominican Republic (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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