Key Market Indicators
Chinese banana consumption is expected to remain steady at 10.3 million metric tons by 2026, according to a recent report. This is a 0% decrease from 2021 levels. Since 2017, Chinese demand has fallen by 0.6% year on year. India leads the market with 10.3 million metric tons, followed by China, Indonesia and Brazil. Meanwhile, Chinese banana production is projected to rise to 13.5 million metric tons by 2026, a 1.4% year-on-year CAGR. Since 1966, Chinese supply has increased by 2.1% year-on-year. India once again leads the market with 12.4 million metric tons, followed by China, Indonesia and Brazil.