Between 2014 and 2023, Spain's bananas market grew from 240,000 to 367,000 metric tons. Notable year-on-year variations included a substantial 23.75% increase in 2015 and a minor decline of 3.09% in 2017. In 2023, the market stood at 367,000 metric tons, with a year-on-year growth rate of 1.94%. Over the last five years (2018-2023), the CAGR was 1.78%, indicating stable growth.
Future trends to watch include the projected growth to 399,000 metric tons by 2028, with an expected 5-year CAGR of 1.3%, signifying moderate growth. Potential influences include climate change, technological advancements in agriculture, and changing consumer preferences towards healthier diets.
