Banana and Plantain Market in Brazil
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.
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.