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British Virgin Islands - Bananas - Market Analysis, Forecast, Size, Trends and Insights
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View PricingBritish Virgin Islands: Banana Market 2020
Banana Market Size in British Virgin Islands
The revenue of the banana market in British Virgin Islands amounted to $X in 2018, growing by X% against the previous year. Overall, banana consumption continues to indicate remarkable growth. The pace of growth was the most pronounced in 2015 when the market value increased by X% year-to-year. British Virgin Islands banana consumption peaked in 2018 and is expected to retain its growth in the immediate term.
Banana Production in British Virgin Islands
In value terms, banana production stood at $X in 2018 estimated in export prices. Over the period under review, banana production continues to indicate a remarkable expansion. The pace of growth appeared the most rapid in 2016 when production volume increased by X% year-to-year. British Virgin Islands banana production peaked in 2018 and is likely to see steady growth in the near future.
In 2018, the average yield of bananas in British Virgin Islands totaled X ton per ha, stabilizing at the previous year. In general, the banana yield continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when yield increased by X% year-to-year. Over the period under review, the banana yield reached its maximum level at X ton per ha in 2008; however, from 2009 to 2018, yield failed to regain its momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
In 2018, approx. X ha of bananas were harvested in British Virgin Islands; growing by X% against the previous year. The harvested area increased at an average annual rate of +X% from 2007 to 2018; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2012 when harvested area increased by X% year-to-year. In that year, the banana harvested area reached its peak level of X ha. From 2013 to 2018, the growth of the banana harvested area remained at a lower figure.
Banana Exports
Exports from British Virgin Islands
In 2018, the exports of bananas from British Virgin Islands totaled X kg, coming down by -X% against the previous year. Over the period under review, banana exports continue to indicate a precipitous decrease. The pace of growth appeared the most rapid in 2014 with a decrease of -X% y-o-y. Over the period under review, banana exports attained their maximum at X kg in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.
In value terms, banana exports stood at $X in 2018. Over the period under review, banana exports continue to indicate a drastic contraction. The most prominent rate of growth was recorded in 2016 when exports increased by X% year-to-year. Over the period under review, banana exports attained their peak figure at $X in 2012; however, from 2013 to 2018, exports failed to regain their momentum.
Exports by Country
In 2018, Ecuador (X tons), distantly followed by Costa Rica (X tons), Guatemala (X tons), the Philippines (X tons), Colombia (X tons) and Belgium (X tons) represented the largest exporters of bananas, together generating X% of total exports. The Netherlands (X tons), Honduras (X tons), the U.S. (X tons), Mexico (X tons), Cote d'Ivoire (X tons) and Cameroon (X tons) occupied a minor share of total exports.
Ecuador experienced a relatively flat trend pattern of bananas exports. At the same time, Mexico (+X%), the Netherlands (+X%), Guatemala (+X%), Cote d'Ivoire (+X%), Cameroon (+X%), the U.S. (+X%) and Belgium (+X%) displayed positive paces of growth. Moreover, Mexico emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. Honduras, Colombia, Costa Rica and the Philippines experienced a relatively flat trend pattern. While the share of Guatemala (+X p.p.), the Netherlands (+X p.p.), Mexico (+X p.p.) and Ecuador (+X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, Ecuador ($X) remains the largest banana supplier from British Virgin Islands, comprising X% of global exports. The second position in the ranking was occupied by Costa Rica ($X), with a X% share of global exports. It was followed by Guatemala, with a X% share.
From 2007 to 2018, the average annual growth rate of value in Ecuador amounted to +X%. In the other countries, the average annual rates were as follows: Costa Rica (+X% per year) and Guatemala (+X% per year).
Export Prices by Country
In 2018, the banana export price in British Virgin Islands amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the banana export price continues to indicate remarkable growth. The pace of growth appeared the most rapid in 2016 an increase of X% year-to-year. British Virgin Islands export price peaked in 2018 and is likely to continue its growth in the near future.
There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was the Netherlands ($X per ton), while Mexico ($X per ton) was amongst the lowest.
From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Cameroon, while the other leaders experienced more modest paces of growth.
Banana Imports
Imports into British Virgin Islands
In 2018, the banana imports into British Virgin Islands stood at X tons, going up by X% against the previous year. In general, banana imports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2015 when imports increased by X% year-to-year. In that year, banana imports reached their peak of X tons. From 2016 to 2018, the growth of banana imports failed to regain its momentum.
In value terms, banana imports stood at $X in 2018. Over the period under review, banana imports continue to indicate skyrocketing growth. The pace of growth was the most pronounced in 2015 with an increase of X% year-to-year. British Virgin Islands imports peaked in 2018 and are expected to retain its growth in the near future.
Imports by Country
In 2018, the U.S. (X tons) was the largest importer of bananas, constituting X% of total imports. Russia (X tons) held the second position in the ranking, followed by Germany (X tons), Belgium (X tons), China (X tons) and the UK (X tons). All these countries together held near X% share of total imports. Japan (X tons), Italy (X tons), France (X tons), the Netherlands (X tons), Canada (X tons) and Iran (X tons) took a little share of total imports.
Imports into the U.S. increased at an average annual rate of +X% from 2007 to 2018. At the same time, China (+X%), the Netherlands (+X%), Iran (+X%), Russia (+X%), France (+X%), Canada (+X%) and Italy (+X%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. The UK, Belgium, Japan and Germany experienced a relatively flat trend pattern. From 2007 to 2018, the share of the U.S., China, Russia and the Netherlands increased by +X%, +X%, +X% and +X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the U.S. ($X) constitutes the largest market for imported bananas into British Virgin Islands, comprising X% of global imports. The second position in the ranking was occupied by Belgium ($X), with a X% share of global imports. It was followed by Russia, with a X% share.
In the U.S., banana imports expanded at an average annual rate of +X% over the period from 2007-2018. The remaining importing countries recorded the following average annual rates of imports growth: Belgium (-X% per year) and Russia (+X% per year).
Import Prices by Country
The banana import price in British Virgin Islands stood at $X per ton in 2018, picking up by X% against the previous year. Over the period under review, the banana import price continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2016 an increase of X% year-to-year. British Virgin Islands import price peaked in 2018 and is likely to continue its growth in the near future.
Prices varied noticeably by the country of destination; the country with the highest price was Belgium ($X per ton), while Iran ($X per ton) was amongst the lowest.
From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, while the other leaders experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the banana market in British Virgin Islands. 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:
- British Virgin Islands
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in British Virgin Islands
- 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
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