Pakistan: Banana And Plantain Market 2024

Banana And Plantain Market Size in Pakistan

In 2022, after two years of growth, there was significant decline in the Pakistani banana and plantain market, when its value decreased by X% to $X. Over the period under review, consumption showed a abrupt curtailment. Banana and plantain consumption peaked at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Banana And Plantain Production in Pakistan

In value terms, banana and plantain production declined to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a mild setback. The pace of growth appeared the most rapid in 2016 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

The average yield of bananas and plantains in Pakistan reached X tons per ha in 2022, approximately reflecting 2021 figures. Overall, the yield recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of X%. Over the period under review, the average banana and plantain yield reached the maximum level at X tons per ha in 2017; however, from 2018 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The banana and plantain harvested area in Pakistan amounted to X ha in 2022, picking up by X% against the previous year. The harvested area increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of X%. Over the period under review, the harvested area dedicated to banana and plantain production reached the peak figure at X ha in 2020; however, from 2021 to 2022, the harvested area failed to regain momentum.

Banana And Plantain Exports

Exports from Pakistan

In 2022, shipments abroad of bananas and plantains was finally on the rise to reach X tons after two years of decline. Overall, exports recorded a buoyant increase. The most prominent rate of growth was recorded in 2013 when exports increased by X%. The exports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, banana and plantain exports skyrocketed to $X in 2022. In general, exports continue to indicate a prominent increase. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Afghanistan (X tons) was the main destination for banana and plantain exports from Pakistan, accounting for a X% share of total exports. Moreover, banana and plantain exports to Afghanistan exceeded the volume sent to the second major destination, Kazakhstan (X tons), threefold.

From 2012 to 2022, the average annual growth rate of volume to Afghanistan amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (X% per year) and Azerbaijan (X% per year).

In value terms, Afghanistan ($X) remains the key foreign market for bananas and plantains exports from Pakistan, comprising X% of total exports. The second position in the ranking was taken by Kazakhstan ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Afghanistan amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (X% per year) and Azerbaijan (X% per year).

Export Prices by Country

In 2022, the average banana and plantain export price amounted to $X per ton, reducing by X% against the previous year. In general, the export price showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2016 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while the average price for exports to Afghanistan ($X per ton) was amongst the lowest.

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

Banana And Plantain Imports

Imports into Pakistan

In 2022, overseas purchases of bananas and plantains decreased by X% to X tons for the first time since 2017, thus ending a four-year rising trend. Over the period under review, imports continue to indicate a dramatic contraction. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, banana and plantain imports dropped to $X in 2022. In general, imports faced a dramatic downturn. The pace of growth appeared the most rapid in 2014 when imports increased by X%. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Ecuador (X tons) was the main banana and plantain supplier to Pakistan, accounting for a X% share of total imports. Moreover, banana and plantain imports from Ecuador exceeded the figures recorded by the second-largest supplier, France (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Ecuador totaled X%.

In value terms, Ecuador ($X) constituted the largest supplier of bananas and plantains to Pakistan, comprising X% of total imports. The second position in the ranking was taken by France ($X), with an X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Ecuador totaled X%.

Import Prices by Country

The average banana and plantain import price stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, the import price showed slight growth. The most prominent rate of growth was recorded in 2017 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($X per ton), while the price for Ecuador totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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