Key Market Indicators
The country ranked number 58 in 2018, Paraguay overtook with 76 Thousand Metric Tons. Banana production is expected to reach nearly 90,000 metric tons by 2026. Over the last five decades, production has grown at an average rate of 0.5% year-on-year. In 2021, Paraguay overtook the country to become number 58 in the global ranking, with 86,320 metric tons. China, Indonesia and Brazil respectively ranked numbers 2, 3 and 4. In 2018, banana consumption also grew slightly from the previous year, reaching 76 thousand metric tons. Paraguay again overtook the country to become number 58, with 76 thousand metric tons.
