Market research

Bananas market in Western Asia

Release date: Mar 28, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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"Western Asia" region includes following countries:

Azerbaijan

Armenia

Bahrain

Cyprus

Georgia

Palestine

Iraq

Israel

Jordan

Kuwait

Lebanon

Oman

Qatar

Saudi Arabia

Syria

Turkey

the United Arab Emirates

Yemen

Earlier Report Observations

The market for fresh and dried bananas in Western Asia expanded from 1.94 million tonnes in 2018 to a peak of 2.21 million tonnes in 2022, before contracting to 2.13 million tonnes in 2023. This period was characterized by steady growth in the middle years, followed by a reversal in the final year.

This trajectory was shaped by specific events in key years. In 2021, a decline in consumer prices for dried vegetables and fresh fruits in parts of the region, coupled with lower fuel costs, helped stimulate demand and supported market growth. The subsequent market contraction in 2023 was driven by adverse weather and frost in major dried fruit producing areas, such as Central Asia and Taiwan, which disrupted supply and reduced the availability of dried bananas for the regional market.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Western Asia
  1. 5.1.1. Annual dynamics of production in Western Asia in kind, 2018-2023, K t
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, K t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, K t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Imports
1. 6.1. Imports (Direct Data*)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, K t
    1. 6.1.2.1. Annual dynamics of product's imports to Azerbaijan in kind, 2018-2024, K t
    2. 6.1.2.2. Dynamics of product's imports in kind to Azerbaijan by countries, 2018-2024, K t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, M $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Azerbaijan in value, 2018-2024, M $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Azerbaijan by countries, 2018-2024, M $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Azerbaijan, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Azerbaijan by countries, 2018-2024, $ US/t
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, K t
    1. 6.2.2.1. Annual dynamics of product's imports to Azerbaijan in kind, 2018-2024, K t
    2. 6.2.2.2. Dynamics of product's imports in kind to Azerbaijan by countries, 2018-2024, K t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, M $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Azerbaijan in value, 2018-2024, M $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Azerbaijan by countries, 2018-2024, M $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Azerbaijan, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Azerbaijan by countries, 2018-2024, $ US/t
7. Exports
1. 7.1. Exports (Direct Data*)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, K t
    1. 7.1.2.1. Annual dynamics of product's exports from Azerbaijan in kind, 2018-2024, K t
    2. 7.1.2.2. Dynamics of product's exports in kind from Azerbaijan by countries, 2018-2024, K t
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, M $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Azerbaijan in value, 2018-2024, M $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Azerbaijan by countries, 2018-2024, M $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's exports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Azerbaijan, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's exports from Azerbaijan by countries, 2018-2024, $ US/t
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, K t
    1. 7.2.2.1. Annual dynamics of product's exports from Azerbaijan in kind, 2018-2024, K t
    2. 7.2.2.2. Dynamics of product's exports in kind from Azerbaijan by countries, 2018-2024, K t
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, M $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Azerbaijan in value, 2018-2024, M $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Azerbaijan by countries, 2018-2024, M $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's exports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Azerbaijan, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's exports from Azerbaijan by countries, 2018-2024, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, K t
  2. 8.1.2. In value, M $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, K t
  2. 8.2.2. In value, M $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production bananas in Western Asia

In kind, 2017-2020, K t

Top producers of bananas, 2017-2020

Source: SHEV.io

World map of production of bananas, 2017-2020

Source: SHEV.io

Banana production in Western Asia has increased for the third consecutive year. In 2020, the region produced 1 150 K t of bananas, representing a 21.5% increase from the previous year. Between 2017 and 2020, production grew by 53%, which translates to an annualized growth rate of 15.2%.

Annual dynamics of production in Western Asia in kind, 2017-2020, K t

Parameter		2018	2019	2020	CAGR
1	Change from last year	20.1%	4.8%	21.5%	15.2%

Source: SHEV.io

In value, 2017-2020, M $ US

The value of banana production in Western Asia has risen for the third year in a row. In 2020, banana output was valued at 743.3 M $ US, marking a 14.9% increase compared to the prior year. From 2017 to 2020, production value increased by 53.6%, equating to an annualized rate of 15.4%.

Annual dynamics of production in Western Asia in value, 2017-2020, M $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	29.5%	3.2%	14.9%	15.4%

Source: SHEV.io

Exports bananas from Western Asia

Exports in kind, K t

Banana exports from Western Asia have declined for the third consecutive year. In 2020, the region exported 220 K t of bananas, showing a significant decrease of 13.1% from 2019. Over the period from 2017 to 2020, exports fell by 42%, with a compound annual growth rate (CAGR) of -16.6%.

Annual dynamics of product's exports from Western Asia in kind, 2017-2020, K t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(13.6%)	(22.7%)	(13.1%)	(16.6%)

Source: SHEV.io

From 2017 to 2020, Iran and Turkmenistan were the key partner countries for banana exports from Western Asia in terms of volume, jointly accounting for 32.7% of total export flows.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Western Asia in kind, 2017-2020

Source: SHEV.io

Exports in value, M $ US

The value of banana exports from Western Asia has decreased for the third year in a row. In 2020, export value was recorded at 142.2 M $ US, reflecting a sharp decline of 17.8% compared to 2019. Between 2017 and 2020, export value dropped by 41.8%, which corresponds to an annualized rate of -16.5%.

Annual dynamics of product's exports from Western Asia in value, 2017-2020, M $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(6.8%)	(23.9%)	(17.8%)	(16.5%)

Source: SHEV.io

Between 2017 and 2020, Iran (35.2% of exports by value), Turkmenistan (1.4% of exports by value), and Afghanistan (0.7% of exports by value) together absorbed 37.4% of total banana export value from Western Asia, making them the main destinations.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Western Asia in value, 2017-2020

Source: SHEV.io

Imports bananas to Western Asia

Imports in kind, K t

Banana imports into Western Asia have fallen for the third consecutive year. In 2020, the region imported a total of value_last_year K t of bananas, indicating a modest decrease of 9.1% from 2019. From 2017 to 2020, imports declined by 26.1%, equating to an annualized rate of -9.6%.

Annual dynamics of product's imports to Western Asia in kind, 2017-2020, K t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(9.8%)	(9.9%)	(9.1%)	(9.6%)

Source: SHEV.io

Throughout 2017 to 2020, Ecuador (54.3% of imports by volume), the Philippines (16.2% of imports by volume), and India (3.9% of imports by volume) were the primary sources for banana imports into Western Asia, collectively representing 74.4% of total import flows.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Western Asia in kind, 2017-2020

Source: SHEV.io

Imports in value, M $ US

The value of banana imports into Western Asia has declined for the third year in a row. In 2020, imports amounted to 636.7 M $ US, down by 15.2% from the previous year. Between 2017 and 2020, import value decreased by 30.3%, which translates to an annualized rate of -11.3%.

Annual dynamics of product's imports to Western Asia in value, 2017-2020, M $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(10.1%)	(8.6%)	(15.2%)	(11.3%)

Source: SHEV.io

From 2017 to 2020, Ecuador (53.8% of imports by value), the Philippines (19.3% of imports by value), and India (4.9% of imports by value) remained the key partners for banana imports into Western Asia, together accounting for 78.0% of total import flows.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Western Asia in value, 2017-2020

Source: SHEV.io