Sweden - Bananas and Plantains - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Sweden - Bananas and Plantains - Market Analysis, Forecast, Size, Trends And Insights

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Banana and Plantain Price in Sweden - 2023

Contents:

  1. Banana and Plantain Price in Sweden (CIF) - 2023
  2. Banana and Plantain Price in Sweden (FOB) - 2023
  3. Banana and Plantain Imports in Sweden
  4. Banana and Plantain Exports in Sweden

Banana and Plantain Price in Sweden (CIF) - 2023

The average banana and plantain import price stood at $860 per ton in August 2023, reducing by -2.6% against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in October 2022 an increase of 6.6% m-o-m. Over the period under review, average import prices hit record highs at $909 per ton in December 2022; however, from January 2023 to August 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Germany ($1,184 per ton), while the price for Panama ($669 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Nicaragua (+1.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Banana and Plantain Price in Sweden (FOB) - 2023

The average banana and plantain export price stood at $1,118 per ton in August 2023, picking up by 5.6% against the previous month. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in November 2022 an increase of 16% against the previous month. Over the period under review, the average export prices hit record highs at $1,140 per ton in April 2023; afterwards, it flattened through to August 2023.

There were significant differences in the average prices for the major external markets. In August 2023, the country with the highest price was Denmark ($1,157 per ton), while the average price for exports to the Czech Republic ($695 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+1.3%), while the prices for the other major destinations experienced a decline.

Banana and Plantain Imports in Sweden

In 2022, approx. 193K tons of bananas and plantains were imported into Sweden; surging by 2.3% on 2021. Over the period under review, imports saw a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, banana and plantain imports rose markedly to $162M in 2022. Overall, imports saw a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Banana and Plantain in Sweden (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ecuador65.277.889.768.91.9%
Dominican Republic28.723.315.820.5-10.6%
Colombia1.57.910.218.6131.5%
Netherlands17.914.79.312.2-12.0%
Panama12.27.29.79.9-6.7%
Germany6.76.35.79.713.1%
Costa Rica17.712.86.29.6-18.4%
BelgiumN/AN/AN/A6.00%
Others9.13.54.56.6-10.2%
Total1591531511620.6%

Top Suppliers of Banana and Plantain to Sweden in 2022:

  1. Ecuador (84.7K tons)
  2. Colombia (22.7K tons)
  3. Dominican Republic (19.7K tons)
  4. Panama (15.7K tons)
  5. Costa Rica (13.6K tons)
  6. Netherlands (12.8K tons)
  7. Germany (9.9K tons)
  8. Belgium (5.6K tons)

Banana and Plantain Exports in Sweden

Banana and plantain exports from Sweden soared to 27K tons in 2022, increasing by 15% compared with the previous year's figure. In general, exports, however, showed a abrupt decline.

In value terms, banana and plantain exports soared to $27M in 2022. Overall, exports, however, continue to indicate a perceptible setback.

Export of Banana and Plantain in Sweden (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark14.613.717.021.814.3%
Netherlands3.53.42.92.8-7.2%
Germany1.11.00.91.10.0%
Czech Republic0.10.10.30.8100.0%
France9.22.61.20.6-59.7%
Others1.30.90.80.2-46.4%
Total29.821.723.127.4-2.8%

Top Export Markets for Banana and Plantain from Sweden in 2022:

  1. Denmark (21.6K tons)
  2. Netherlands (2.4K tons)
  3. Czech Republic (1.3K tons)
  4. Germany (0.9K tons)
  5. France (0.5K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the banana and plantain market in Sweden. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 486 - Bananas
  • FCL 489 - Plantains

Country coverage:

  • Sweden

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Sweden
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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