Why is India losing banana exports in old markets UAE, Iran, Oman, Saudi Arabia and Kuwait?
'The best way to predict the future is to create it.'
By Dr. Lade Vedkumar.
For the first time, we are introducing an innovative concept for additional export generation.
Is it possible to predict India's banana future export figures?
Can we forecast the size of the growing/bearish market?
Does that help you, if you know the future export size of your competing countries?
Yes, we are masters in international trade forecast research super specialty segments...
We can scientifically predict the next five year's trade statistics.
Many high growth products have magnificent potential in developed, developing or undeveloped countries.
We need to redefine the marketing strategy.
There should be aggressive marketing of a banana in a rapidly expanding market.
In a neutral market simple marketing is going to work.
Global exports of bananas will increase from $14.0 billion to $22.4 billion by 2021 to 2025.
India's exports of bananas will increase from $74.3 million to $181.7 million by 2021 to 2025.
Why will UAE's banan import rank decrease from no.1 to no. 36 through India's perspective?
(Share this wisdom)
HS code 0803 Bananas.
India's banana export market in UAE will shrink from $19.2 million to $3.9 million by 2021 to 2025.
Important note:
Best results can be found in the countries having larger value difference between 2021 export and prospects by 2025.
As per above note, India will lose export space of -$15.3 million in UAE banana market by 2021-25.
Why will India lose the banana export market of UAE?
Is it important to understand the wisdom of the above question?
Yes of course, you must always have an eagle eye on competing suppliers in that particular market. Here, the destination market is UAE.
Three competing nations in the UAE market will be Philippines, Ecuador and Guatemala. Considering the criteria of larger difference between the 2021 exports and prospects by 2025.
Below figures represents the average export values of below countries banana export to UAE.
Philippines:
2021: $53.2 million,
2025: $71.1 million.
Ecuador:
2021: $48.1 million,
2025: $65.5 million.
Guatemala:
2021: $0,
2025: $17.4 million.
Guatemala's banana export in UAE is rising from 29 th no. to 3rd place.
Colombia:
2021: $17.7 k,
2025: $7.4 million.
Colombia's banana export in UAE is rising from 16 th no. to 4th place.
India's banana exports will decline in the UAE, while Guatemala and Colombia are grabbing banana export space in the UAE by 2021-25.
India's banana exports will decline in old markets Iran, Oman, Saudi Arabia and Kuwait.
"Now consider the scenario where you are not familiar with the above insight. Even though you are efficiently marketing in UAE, Iran, Oman, Saudi and Kuwait. You don't grow in these scenarios. If you have the complete future insight. You can generate additional export revenue at a great pace"
That's the 'Power of Knowledge'
We can present an exclusive workshop preferably to the association or companies.
Workshop key content:
Who will be India's top 40 banana export countries by 2021-25?
Who will be the main competing countries in India's banana export destinations?
Note: All the values are in an USA dollar. Prices may vary as per the market demand and dollar value fluctuation. 2021's average export value can be equivalent to or lower than export values recorded in other trade databases. The average value is the essence of the reliable reports of the last five years.
Email:
'Professionals work. Experts create results. Authorities predict the future. DECIDE which one you are going to follow'
Research source:
1. World Trade Organization, Trade forecast.
2. World Bank WITS.
3. International Trade Centre.
Research access duration August 2021.
© 2021-25 Future Export Vision.
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