Get the latest insights on price movement and trend analysis of Banana Powder in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
For the First Half of 2022
With the food prices rising at an alarming level, FAO warned that disruptions to the agricultural activities in Russia and Ukraine, one of the major exporters of staple commodities, could escalate food insecurity globally. This is evident from the escalated prices of bananas globally.
The banana prices went from 1162.19 USD/MT in January to around 1440.23 USD/MT in June 2022. In the Indian domestic market, the prices of various banana species crossed the 100 mark. The Singaporean variety was priced at 96-120 INR/kg, and the Martaman variety averaged 144 INR/kg.
These surging prices resulted due to rising inflation, high production and transportation costs and the delayed onset of the production cycle owing to fluctuating weather conditions. Since the banana powder is formed using the banana pulp, the inflated prices of feedstock bananas caused the prices of banana powder to surge globally. Hence, the price trends of banana powder remained strong throughout the first half of the said year.
Procurement Resource provides latest prices of Banana Powder. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
Banana powder is made from fully matured banana fruits by either drum drying or spray drying. Processing bananas into banana powder extends their shelf life to more than 6 months, makes transportation easier, and allows proper banana utilisation.
|Product Name||Banana Powder|
|Industrial Uses||Cosmetic industry|
|Supplier Database||Chiquita Brands International Sàrl, Fresh Del Monte Produce Inc., Dole Food Company, Inc, Fyffes plc, Grupo Noboa S.A.|
|Region/Countries Covered||Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand
Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
North America: United States and Canada
Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
|Currency||US$ (Data can also be provided in local currency)|
|Supplier Database Availability||Yes|
|Customization Scope||The report can be customized as per the requirements of the customer|
|Post-Sale Analyst Support||360-degree analyst support after report delivery|
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Banana powder is made from banana pulp, which is cut into pieces and fed into a hydraulic shear with the assistance of a colloid mill to create a paste. Sodium metabisulfite is used to produce the paste a bright yellow colour. The paste is dried with the goal of producing banana powder.
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
Procurement Resource is a one-stop solution for businesses aiming at the best industry insights and market evaluation in the arena of procurement. Our team of market leaders covers all the facets of procurement strategies with its holistic industry reports, extensive production cost and pre-feasibility insights, and price trends dynamics impacting the cost trajectories of the plethora of products encompassing various industries. With the best analysis of the market trends and comprehensive consulting in light of the best strategic footstep, Procurement Resource got all that it takes.
Procurement Resource has made a mark for itself in terms of its rigorous assistance to its clientele. Our experienced panel of experts leave no stone unturned in ensuring the expertise at every step of our clients' strategic procurement journey. Our prompt assistance, prudential analysis, and pragmatic tactics considering the best procurement move for industries are all that sets us apart. We at Procurement Resource value our clients, which our clients vouch for.
Expertise, judiciousness, and expedience are the crucial aspects of our modus operandi at Procurement Resource. Quality is non-negotiable, and we don't compromise on that. Our best-in-class solutions, elaborative consulting substantiated by exhaustive evaluation, and fool-proof reports have led us to come this far, making us the ‘numero uno' in the domain of procurement. Be it exclusive qualitative research or assiduous quantitative research methodologies, our high quality of work is what our clients swear by.