Bananas are one of the most consumed and cheapest fruits worldwide: they are the most traded fruit and the fifth most traded agricultural product. The global export value of the banana trade was estimated to be US $8 billion in 2016, with a retail value between $20 and 25 billion.
What type of agriculture is bananas?
Farming techniques. Banana plantations generally follow one of four major agricultural techniques: Intensive farming, sustainable farming, organic farming, and fair trade farming.
What is the market for banana?
Asia-Pacific leads the banana market with a 55.4% share of the global production in 2020. Within Asia-Pacific, India is the largest producer of bananas in the world, with a production of 31,504,000 metric ton from an area of 157,561 hectares in 2020, followed by China, Indonesia, abd Brazil.
How big is the banana industry?
Based on 2016 export figures, the global banana industry generates around USD 8 billion per year.
Is banana a producer?
Worldwide 116,781,658 tonnes of banana is produced per year. India is the largest banana producer in the world with 30,460,000 tonnes production per year. ... World Banana Production by Country.CountryIndiaProduction (Tons)30,460,000Production per Person (Kg)22.791Acreage (Hectare)866,000Yield (Kg / Hectare)35,173.2
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