GITNUX MARKETDATA REPORT 2024

Must-Know Banana Production Statistics [Current Data]

Highlights: The Most Important Banana Production Statistics

  • Ecuador is the world’s largest exporter of bananas, with over 7.6 million metric tons exported in 2019.
  • The value of global banana exports totaled US$15.4 billion in 2019.
  • The Philippines holds a 7.4% share of the global banana export market.
  • In 2020, the European Union imported around 7.51 million metric tons of bananas.
  • Latin America and the Caribbean account for 57% of global banana production.
  • Cavendish bananas make up about 47% of global banana production.
  • Banana cultivation provides direct employment to approximately 400,000 people in Latin America and the Caribbean.
  • The Fairtrade banana market has grown by 11.5% since 2017.
  • Banana production contributes to around 16% of the total fruit production in India.
  • About 30% of banana production cost can be attributed to crop management practices.
  • In 2019, South Africa imported 120,428 metric tons of bananas, mostly from Mozambique.
  • The average yield of bananas in India is around 40 metric tons per hectare.
  • In 2019, China imported 1.3 million tons of bananas, with Vietnam and Ecuador as the main suppliers.
  • Ecuador’s banana production stands at 65,000 cartons per hectare, the highest in the world.
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Bananas are one of the most popular fruits in the world, and their production is a major industry. In 2019, global banana production reached 116 million metric tons with India being the largest producer at 30.5 million tons. Ecuador was also a major player as it exported 7.6 million metric tons that year, making it the world’s top exporter of bananas by volume. The value of these exports totaled US$15.4 billion while Latin America and Caribbean accounted for 57% of total global banana production that same year – an impressive record high. Cavendish bananas made up 47% of this figure while Philippines held a 7.4% share in terms of export market size worldwide; Europe imported around 751 thousand metric tonnes from various countries during 2020 alone. Banana cultivation provides direct employment to approximately 400,000 people in Latin America and Caribbean region whereas Fairtrade banana market has grown 11-point-five percent since 2017 – providing livelihoods to more than 4 million farmers across globe today. Domestic consumption accounts for 60%, smallholder farmers contribute 85%, Indian yields average 40 MT/ha & China imports 1 point 3 MMT (mostly from Vietnam & Ecuador) annually – all facts which make us appreciate how important this fruit really is on our planet earth.

The Most Important Statistics
Ecuador is the world’s largest exporter of bananas, with over 7.6 million metric tons exported in 2019. This statistic is a testament to Ecuador’s impressive banana production capabilities, highlighting the country’s significant contribution to the global banana market. It is a powerful reminder of the country’s agricultural prowess and its ability to meet the demands of the international market. This statistic is an important part of the overall picture of banana production statistics, providing valuable insight into the industry’s global reach. The value of global banana exports totaled US$15.4 billion in 2019. This statistic is a testament to the immense economic impact of banana production. It highlights the significance of the industry, demonstrating the sheer magnitude of the global banana trade. It is a powerful reminder of the importance of banana production and its contribution to the global economy.

Banana Production Statistics Overview

The Philippines holds a 7.4% share of the global banana export market.

This statistic is a testament to the Philippines’ success in the banana production industry. It highlights the country’s impressive share of the global export market, demonstrating its ability to compete with other major banana-producing countries. This statistic is a powerful reminder of the Philippines’ importance in the global banana production industry and its potential to continue to grow in the future.

In 2020, the European Union imported around 7.51 million metric tons of bananas.

This statistic is a telling indication of the importance of bananas in the European Union. It shows that the EU relies heavily on bananas for its food supply, and that the production of bananas is a major industry in the region. This statistic is a valuable insight into the banana production industry, and it is essential for understanding the current state of the industry.

Latin America and the Caribbean account for 57% of global banana production.

This statistic is a powerful indicator of the importance of Latin America and the Caribbean in the global banana production industry. It highlights the region’s significant contribution to the production of this popular fruit, and underscores the need for continued investment in the region’s agricultural infrastructure. Furthermore, it serves as a reminder of the need to ensure that the region’s farmers are able to access the resources they need to continue producing high-quality bananas.

Cavendish bananas make up about 47% of global banana production.

This statistic is a telling indication of the prevalence of Cavendish bananas in the global banana production landscape. It highlights the fact that Cavendish bananas are the most widely produced variety of banana, making up almost half of the total banana production worldwide. This is an important statistic to consider when discussing the global banana production industry, as it provides insight into the types of bananas that are most commonly produced.

Banana cultivation provides direct employment to approximately 400,000 people in Latin America and the Caribbean.

This statistic is a powerful reminder of the importance of banana cultivation in Latin America and the Caribbean. It highlights the fact that the industry is a major source of employment for hundreds of thousands of people, providing them with a livelihood and a way to support their families. This is an important factor to consider when discussing the production of bananas in the region, as it demonstrates the impact the industry has on the lives of those involved.

The Fairtrade banana market has grown by 11.5% since 2017.

This statistic is a testament to the success of the Fairtrade banana market, showing that it has experienced a significant growth since 2017. This is an encouraging sign for those involved in the production of bananas, as it indicates that the Fairtrade system is proving to be an effective way of ensuring that producers are receiving fair wages and working in safe conditions. It also suggests that consumers are increasingly aware of the importance of supporting ethical production methods, and are willing to pay a premium for Fairtrade bananas.

Banana production contributes to around 16% of the total fruit production in India.

This statistic is a powerful indicator of the importance of banana production in India. It highlights the fact that bananas are a major contributor to the country’s fruit production, and thus, are an important part of the agricultural economy. This statistic is also important in terms of understanding the impact of banana production on the environment, as well as the potential for economic growth in the sector.

About 30% of banana production cost can be attributed to crop management practices.

This statistic is a crucial piece of information when it comes to understanding the economics of banana production. It highlights the importance of crop management practices in keeping production costs low, and thus maximizing profits. It also serves as a reminder that proper management of resources is essential for successful banana production.

In 2019, South Africa imported 120,428 metric tons of bananas, mostly from Mozambique.

This statistic is a telling indication of the importance of bananas to South Africa’s economy. It highlights the reliance of the country on imports from Mozambique to meet its demand for the fruit, and the significance of the banana industry to the region. It also serves as a reminder of the need for sustainable production practices to ensure the long-term viability of the industry.

The average yield of bananas in India is around 40 metric tons per hectare.

This statistic is a crucial piece of information when it comes to understanding the banana production in India. It provides a valuable insight into the average yield of bananas in the country, giving readers a better understanding of the overall production of the fruit. Furthermore, it can be used to compare the yield of bananas in India to other countries, allowing for a more comprehensive analysis of the global banana production.

In 2019, China imported 1.3 million tons of bananas, with Vietnam and Ecuador as the main suppliers.

This statistic is a telling indication of the importance of banana production in the global market. It shows that China is a major consumer of bananas, with Vietnam and Ecuador being the primary suppliers. This highlights the significance of these countries in the production of bananas, and the potential for other countries to increase their production and export of bananas to meet the demand of the Chinese market.

Ecuador’s banana production stands at 65,000 cartons per hectare, the highest in the world.

This statistic is a testament to Ecuador’s success in the banana production industry, showcasing their ability to produce the highest yield of cartons per hectare in the world. It is a remarkable achievement that speaks to the country’s dedication to the industry and their commitment to excellence. This statistic is a powerful reminder of the potential of banana production and the potential for other countries to follow in Ecuador’s footsteps.

Conclusion

Bananas are a major crop in many parts of the world, with global production reaching 116 million metric tons in 2019. India is the largest producer of bananas, accounting for over 30.5 million tons produced that year. Ecuador is the leading exporter of bananas, shipping 7.6 million metric tons to other countries and generating US$15.4 billion from exports alone in 2019. The Philippines holds a 7% share of this market while Europe imported around 751 thousand metric tons last year as well. Latin America and Caribbean account for 57% of total banana production worldwide while Cavendish varieties make up 47%. Banana cultivation provides direct employment to 400,000 people across these regions and Fairtrade markets have grown by 11% since 2017 due to increased demand from consumers who want ethically sourced produce . Smallholder farmers provide 85% yields globally while domestic consumption accounts for 60%. In India specifically 16%, or 1/6th ,of all fruit production comes from bananas whereas South Africa imports mostly Mozambique-grown fruits at 120k tonnes annually . China’s main suppliers are Vietnam & Ecuador which together shipped 1m+ tonnes there last year; meanwhile Ecuador has highest yield per hectare (65k cartons) compared to 40t/ha average elsewhere Overall it can be seen that banana farming plays an important role both economically & socially on local levels but also internationally too – providing livelihoods & sustenance alike.

References

0. – https://www.worldstopexports.com

1. – https://www.files.fairtrade.net

2. – https://www.cepal.org

3. – https://www.ec.europa.eu

4. – https://www.reuters.com

5. – https://www.researchgate.net

6. – https://www.timesofindia.indiatimes.com

7. – https://www.promusa.org

8. – https://www.nhb.gov.in

9. – https://www.freshplaza.com

10. – https://www.statista.com

11. – https://www.theguardian.com

 

FAQs

Which country is the largest producer of bananas in the world?

India is the largest producer of bananas, followed by China, the Philippines, and Indonesia.

What is the yearly global production of bananas?

The estimated yearly global production of bananas is around 150 million metric tons.

Which region consumes the most bananas?

The European Union and the United States are the largest consumers of bananas worldwide.

How much of the global agricultural land is dedicated to banana cultivation?

Around 5 million hectares of agricultural land is dedicated to banana cultivation.

Are bananas the most widely grown and consumed fruit globally?

Yes, bananas are the most widely grown and consumed fruit globally, followed by apples and oranges.

How we write our statistic reports:

We have not conducted any studies ourselves. Our article provides a summary of all the statistics and studies available at the time of writing. We are solely presenting a summary, not expressing our own opinion. We have collected all statistics within our internal database. In some cases, we use Artificial Intelligence for formulating the statistics. The articles are updated regularly.

See our Editorial Process.

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