Key Market Indicators
Banana consumption in Nepal is predicted to reach nearly 300,000 metric tons by 2026, an increase of 1% year-on-year from 2021. Since 2017, Nepalese demand has grown by an average of 1.4% annually. In 2021, Taiwan overtook Nepal, coming in at 44th in the ranking with 274,000 metric tons. China, Indonesia and Brazil took the top three spots. Banana production in Nepal is estimated to reach 355,250 metric tons by 2026, a growth of 2.9% year-on-year from 2021. Since 1995, supply has gone up by 4.8% on average every year. In 2021, Panama was just ahead of Nepal in 41st place, with 298,900 metric tons. China, Indonesia and Brazil were the top three in this ranking.
