The global bananas market size in volume has varied significantly by country as of 2024. India leads with a substantial volume of 24.72 million metric tons, followed by China at 10.33 million metric tons. Indonesia, Brazil, and the United States follow with 6.41, 5.57, and 3.93 million metric tons respectively. Notable year-on-year variations in volume include increases in countries like the Philippines (2.61%), Colombia (1.03%), and the United States (0.32%). However, countries like Thailand experienced a decrease of -3.13% in volume. Over the last five years, there have been significant average annual increases in countries such as the Dominican Republic (2.66%) and Belgium (4.19%).
Future trends to watch for in the global bananas market size by country include the impact of climate change on production, potential shifts in major exporting countries, and advancements in agricultural technologies and sustainable practices. Special attention should be given to emerging markets in Africa and Asia that may see growth in banana production and consumption.
Top countries in Bananas Market Size Volume by Country
# | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 India | 24,720 | 2023 | +0.27% | +0.15% | View data |
2 | 2 China | 10,330 | 2023 | -0.019% | -0.38% | View data |
3 | 3 Indonesia | 6,410 | 2023 | +0.12% | +0.19% | View data |
4 | 4 Brazil | 5,570 | 2023 | -0.23% | -0.37% | View data |
5 | 5 United States | 3,930 | 2023 | +0.33% | +0.32% | View data |
6 | 6 Philippines | 2,350 | 2023 | -0.043% | +2.61% | View data |
7 | 7 Tanzania | 2,170 | 2023 | -0.18% | -1.61% | View data |
8 | 8 Vietnam | 1,800 | 2023 | +0.33% | +0.53% | View data |
9 | 9 Colombia | 1,780 | 2023 | +1.25% | +1.03% | View data |
10 | 10 Mexico | 1,580 | 2023 | -0.063% | -0.29% | View data |