Key Market Indicators
Portugal's banana consumption is expected to hit 197,000 metric tons by 2026, a 1.4% year-on-year growth rate. Since 2017, demand has increased 1.7% annually. In 2021, the country ranked 54th worldwide, behind Zimbabwe's 181,000 metric tons. China, Indonesia and Brazil held the top three spots in this ranking. Portugal's banana production is projected to reach 28,000 metric tons by 2026, with a 0.6% year-on-year average growth rate. Since 1966, supply has risen 0.6% annually. In 2021, Portugal placed 69th worldwide, behind Togo's 27,070 metric tons. China, Indonesia and Brazil maintained their top three spots in this ranking.
