Key Market Indicators
Banana production is expected to reach over one million metric tons by 2026, increasing at a rate of 2.4% each year. Since 1966, the supply of bananas has grown at an average of 3.6% every year. In 2021, Laos overtook the country to take the number 23 spot in the global ranking, with 880,320 metric tons. China, Indonesia and Brazil ranked second, third and fourth respectively.