banana industry

Banana

Industry

Banana Banana is the common name for an elongated,

edible fruit produced by several kinds of tropical

herbaceous flowering plants of the genus Musa.

Banana has lots of varieties, based on its size, color, and firmness.

Some varieties can be eaten as fresh fruit, while

others are cooked or processed into chips, powder, sauce, etc.

Banana in the Philippines

In the Philippines, it is considered as a very good

source of income and commercial production as

it is a non-seasonal crop and suits the country’s soil

and climate very well.

About 5.9M farm households in the country

depend on banana as their source of income.

In the Philippines, the banana industry is

the leading export income earner for

farmers.

In 2011, Philippines was ranked as the top

fourth producer and exporter of bananas

and plantains worldwide.

Banana in the Philippines

Philippine Banana Industry Banana is the leading fruit grown in the

Philippines and is a consistent top dollar

earner.

Cavendish and banana chips are the

country’s leading foreign exports.

Banana varieties of lakatan and latundan

are considered popular in the local

market.

Philippine Banana Industry There are about 200 variety and strain

maintained by the BPI Genebank. Among

these are banana varieties that are

indigenous to the Philippines such as:

Lakatan

Latundan

Saba/Cardaba

Paa

Bungulan

Amas/Señorita

Morado

Philippine Banana Industry

Cavendish is grown in plantation scale in Mindanao.

Lakatan and latundan are grown commercially alos

intended for the Luzon and Visayas markets

Cardaba is known mainly for the banana chips

industry

Balangon oor bongolan is grown organically in Tupi,

South Cotabato

Organic Cavendish is being grown by the

multinational corporations

Philippine Banana Industry Majority of the Philippine’s banana

production is from Mindanao:

Region Production Land Area

Region XI (Davao) 41% 66,561 Ha

Region XII (SOCCKSARGEN) 11.2% 24,200 Ha

Region X (Northern Mindanao) 10.1% 36,294 Ha

ARMM 6.8% 31,029 Ha

CARAGA 3.6% 26,774 Ha

Region IX (Zamboanga Peninsula) 3.2% 20,289 Ha

*2004 data

About 66% of the Philippine banana

production is consumed locally: 16.5% for processing (chips, catsup, wine, vinegar, flour,

feed preparations)

45.5% as table bananas

4% for animal feeds

Market and Uses

34% of our banana production is exported.

Major importing countries:

Europe

USA

Japan

China

Canada

Market and Uses

Market and Uses

Pseudostem Its pseudostem can be processed and made into handicraft

items, cloths and animal feeds (saba).

Peelings Peelings of Saba can be used as substrate for biogas

production.

Banana Fibers They are manufactured as sacks, mats, or ropes (abaca

variety).

Banana Blossoms Dried banana blossoms are used in various Chinese and

Filipino dishes.

Market and Uses

Price Trend

Market and Uses

Demand and Supply Projection

Cavendish banana export demand is expected to grow

at 3-6%/year.

Banana chips market can absorb around 10%/year

growth

Lakatan and Latundan is expected to grow at around

3%/year

The bulk of supply in the country, around 80% will be

coming from Mindanao.

Banana is one of Caraga’s priority

commodities.

It ranked 10th in the country’s banana

production in 2011.

Banana in CARAGA