Banana and Plantain Market in the United States
In value terms, banana and plantain production fell to $ in . Over the period under review, production continues to indicate a drastic downturn. The pace of growth appeared the most rapid in 2009 with an increase of % y-o-y. Over the period under review, production reached the maximum level at $ in 2011; however, from 2012 to , production remained at a lower figure.
The average yield of bananas and plantains in United States contracted to tonnes per ha in , with a decrease of -% on 2019 figures. In general, the yield recorded a abrupt decline. The most prominent rate of growth was recorded in 2019 when the yield increased by % against the previous year. The banana and plantain yield peaked at tonnes per ha in 2007; however, from 2008 to , the yield remained at a lower figure. 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 United States; which is down by -% against the previous year's figure. Overall, the harvested area continues to indicate a perceptible setback. The growth pace was the most rapid in 2017 with an increase of % y-o-y. The banana and plantain harvested area peaked at ha in 2007; however, from 2008 to , the harvested area failed to regain the momentum.
The size of the banana and plantain market in United States declined to $ in , dropping by -% against 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). Overall, the total consumption indicated a moderate expansion from 2007 to : its value increased at an average annual rate of +% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption decreased by -% against 2018 indices. The most prominent rate of growth was recorded in 2009 with an increase of % year-to-year. Over the period under review, the market reached the peak level at $ in 2018; however, from 2019 to , consumption stood at a somewhat lower figure.