In 2024, Angola leads global banana processing with 2.06 million metric tons, exhibiting an impressive 0.83% annual growth from 2023. The Dominican Republic follows, showing a significant 3.1% growth. Countries like Tanzania and Thailand experienced a decline, with -1.09% and -3.25% respectively. Notable progress is seen in Lithuania and Australia, growing over 3% annually. The US and China remain modest contributors, both under 0.1 million metric tons but with slight annual increments. Meanwhile, countries like Slovakia, Albania, and New Zealand face stagnation or reduction in processing capacities. Over the past five years, these trends highlight varying growth prospects, with Angola and the Dominican Republic being the most dynamic.
Looking forward, monitoring technological advancements, climate change impacts, and trade policies will be crucial in understanding trends in banana processing. Emerging markets like Indonesia and Poland might play bigger roles. Challenges such as supply chain disruptions and changes in consumer preferences could also redefine the industry landscape.
Top countries in Bananas Processing by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Angola | 2,060 | 2023 | +0.88% | +0.83% | View data |
| 2 | 2 Dominican Republic | 396 | 2023 | +3.13% | +3.1% | View data |
| 3 | 3 Tanzania | 321 | 2023 | 0% | -1.09% | View data |
| 4 | 4 Indonesia | 292 | 2023 | 0% | +0.14% | View data |
| 5 | 5 Thailand | 262 | 2023 | -3.32% | -3.25% | View data |
| 6 | 6 Poland | 247 | 2023 | +2.07% | +1.79% | View data |
| 7 | 7 Spain | 219 | 2023 | +0.46% | +0.56% | View data |
| 8 | 8 United States | 89 | 2023 | 0% | +0.23% | View data |
| 9 | 9 Sweden | 80 | 2023 | 0% | +1.85% | View data |
| 10 | 10 China | 58 | 2023 | +1.75% | +1.07% | View data |
