Key Market Indicators
Taiwan is projected to consume 296,000 metric tons of bananas by 2026, up from 277,000 metric tons in 2021. That's an average annual growth of 1.1%. Since 2017, demand has grown by 0.9% each year. In 2021, Taiwan was the 43rd largest consumer of bananas, just behind Ecuador. China, Indonesia, and Brazil ranked second, third, and fourth, respectively. Taiwan is projected to produce 400,260 metric tons of bananas by 2026, up from 363,240 metric tons in 2021. That's an average annual growth of 1.6%. Since 1966, production has grown at an average rate of 7.1% per year. In 2021, Taiwan was the 35th largest producer of bananas, just behind Ivory Coast. China, Indonesia, and Brazil ranked second, third, and fourth, respectively.
