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Ukraine - Bananas - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBanana Price in Ukraine - 2023
Contents:
- Banana Price in Ukraine (CIF) - 2023
- Banana Price in Ukraine (FOB) - 2022
- Banana Imports in Ukraine
- Banana Exports in Ukraine
Banana Price in Ukraine (CIF) - 2023
The average banana import price stood at $970 per ton in October 2023, with an increase of 1.9% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 an increase of 13% against the previous month. Over the period under review, average import prices hit record highs at $1,086 per ton in December 2022; however, from January 2023 to October 2023, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In October 2023, the countries with the highest prices were Colombia ($996 per ton) and Ecuador ($965 per ton), while the price for Guatemala ($947 per ton) and Costa Rica ($948 per ton) were amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Colombia (+1.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Banana Price in Ukraine (FOB) - 2022
In 2022, the average banana export price amounted to $898 per ton, rising by 12% against the previous year. Overall, the export price, however, continues to indicate a deep contraction. The pace of growth appeared the most rapid in 2019 when the average export price increased by 75%. Over the period under review, the average export prices reached the maximum at $2,112 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Panama ($2,000 per ton), while the average price for exports to Moldova stood at $887 per ton.
From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Panama (+2.7%).
Banana Imports in Ukraine
In 2022, after three years of growth, there was significant decline in purchases abroad of bananas, when their volume decreased by -40.5% to 195K tons. Overall, imports showed a abrupt downturn. The pace of growth was the most pronounced in 2020 when imports increased by 16%.
In value terms, banana imports declined significantly to $155M in 2022. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 13% against the previous year.
Import of Banana in Ukraine (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ecuador | 74.4 | 102 | 123 | 88.6 | 6.0% |
Colombia | 17.5 | 21.4 | 33.3 | 31.2 | 21.3% |
Costa Rica | 43.6 | 38.6 | 29.4 | 25.1 | -16.8% |
Panama | 3.5 | 1.3 | 3.6 | 5.6 | 17.0% |
Guatemala | 0.5 | 1.2 | 1.8 | 3.2 | 85.7% |
Nicaragua | 8.5 | 7.3 | 1.2 | N/A | -62.4% |
Honduras | 4.5 | 3.2 | 4.7 | N/A | 2.2% |
Others | 4.3 | 2.3 | 1.4 | 1.6 | -28.1% |
Total | 157 | 178 | 199 | 155 | -0.4% |
Top Suppliers of Banana to Ukraine in 2022:
- Ecuador (111.7K tons)
- Colombia (41.1K tons)
- Costa Rica (30.2K tons)
- Panama (6.6K tons)
- Guatemala (3.7K tons)
Banana Exports in Ukraine
After three years of growth, shipments abroad of bananas decreased by -52.6% to 322 tons in 2022. Overall, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 916% against the previous year. As a result, the exports reached the peak of 679 tons, and then reduced dramatically in the following year.
In value terms, banana exports dropped rapidly to $289K in 2022. Over the period under review, exports, however, posted significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 872% against the previous year. As a result, the exports attained the peak of $546K, and then reduced rapidly in the following year.
Export of Banana in Ukraine (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Moldova | 2.2 | 42.2 | 530 | 281 | 403.6% |
Georgia | 3.4 | 3.5 | 3.2 | 0.5 | -47.2% |
Others | 11.3 | 10.4 | 12.4 | 7.3 | -13.6% |
Total | 16.9 | 56.1 | 546 | 289 | 157.6% |
Top Export Markets for Banana from Ukraine in 2022:
- Moldova (317.0 tons)
- Georgia (0.5 tons)
This report provides an in-depth analysis of the banana market in Ukraine. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 486 - Bananas
Country coverage:
- Ukraine
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Ukraine
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the banana market in Ukraine.
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This report provides an in-depth analysis of the global banana and plantain market.
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This report provides an in-depth analysis of the banana market in Ukraine.
This report provides an in-depth analysis of the banana and plantain market in Ukraine.
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This report provides an in-depth analysis of the global banana market.
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The global banana market revenue amounted to $X in 2017, flattening at the previous year. Overall, the total market indi...
The global banana consumption stood at $X in 2016, which was X% more than the year before. This figure reflects total revenue of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be incl
Global banana consumption amounted to X thousand tons in 2015, going up by +X% against the previous year level.
Global banana exports amounted to X thousand tons in 2015, reducing by -X% against the previous year level.
Global banana imports amounted to X thousand tons in 2015, approximately equating the previous year level.
Global banana production amounted to X thousand tons in 2015, rising by +X% against the previous year level.