Banana and Plantain Market in Brazil
Market Overview
The Brazilian banana and plantain market reached $
in , leveling off at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +% over the period from 2007 to ; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the peak level at $ in 2014; however, from 2015 to , consumption failed to regain momentum.
In value terms, banana and plantain production stood at $ in estimated in export price. The total output value increased at an average annual rate of +% from 2007 to ; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2010 with an increase of %. Over the period under review, production hit record highs at $ in 2014; however, from 2015 to , production remained at a lower figure.
The average yield of bananas and plantains in Brazil rose to tonnes per ha in , picking up by % on figures. In general, the yield recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2009 when the yield increased by %. Over the period under review, the average banana and plantain yield attained the maximum level in and is likely to see gradual growth in years to come. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
In, approx. ha of bananas and plantains were harvested in Brazil; remaining relatively unchanged against . Overall, the harvested area saw a mild slump. The most prominent rate of growth was recorded in 2011 with an increase of %. The banana and plantain harvested area peaked at ha in 2007; however, from 2008 to , the harvested area remained at a lower figure.
in , leveling off at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +% over the period from 2007 to ; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the peak level at $ in 2014; however, from 2015 to , consumption failed to regain momentum.In value terms, banana and plantain production stood at $
in estimated in export price. The total output value increased at an average annual rate of +% from 2007 to ; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2010 with an increase of %. Over the period under review, production hit record highs at $ in 2014; however, from 2015 to , production remained at a lower figure.The average yield of bananas and plantains in Brazil rose to
tonnes per ha in , picking up by % on figures. In general, the yield recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2009 when the yield increased by %. Over the period under review, the average banana and plantain yield attained the maximum level in and is likely to see gradual growth in years to come. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.In
, approx. ha of bananas and plantains were harvested in Brazil; remaining relatively unchanged against . Overall, the harvested area saw a mild slump. The most prominent rate of growth was recorded in 2011 with an increase of %. The banana and plantain harvested area peaked at ha in 2007; however, from 2008 to , the harvested area remained at a lower figure.Consumption
Banana and plantain consumption in Brazil amounted to tonnes in , approximately mirroring the previous year's figure. Overall, consumption, however, saw a relatively flat trend pattern. As a result, consumption reached the peak volume of tonnes. From 2012 to , the growth of the consumption remained at a somewhat lower figure.
The value of the banana and plantain market in Brazil was estimated at $ in , flattening at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +% over the period from 2007 to ; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Banana and plantain consumption peaked at $ in 2014; however, from 2015 to , consumption failed to regain momentum.
tonnes in , approximately mirroring the previous year's figure. Overall, consumption, however, saw a relatively flat trend pattern. As a result, consumption reached the peak volume of tonnes. From 2012 to , the growth of the consumption remained at a somewhat lower figure.The value of the banana and plantain market in Brazil was estimated at $
in , flattening at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +% over the period from 2007 to ; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Banana and plantain consumption peaked at $ in 2014; however, from 2015 to , consumption failed to regain momentum.Market Forecast
Depressed by shrinking demand for banana and plantain in Brazil, the market is expected to continue its downward consumption trend over the next decade. The performance of the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to depress the market volume to tonnes by the end of .
% for the period from to , which is projected to depress the market volume to tonnes by the end of .Market Structure
Over the period under review, imports of banana and plantain in Brazil were negligibly small compared to the production volumes. Therefore, the share of imports in the total market was practically nonexistent, both in volume and in value terms. This situation has remained constant over the period under review, which means that domestic producers entirely meet the domestic demand for banana and plantain.
Trade Balance
This tangible trade surplus reflects the fact that the market remains buoyed by domestic production, and the industry is highly incorporated into the global market, which is likely to continue in the medium term.
Download XLSX
Download all the data in the form of a report