What is the production of banana?

What is the production of banana?

Bananas are predominantly produced in Asia, Latin America and Africa. The biggest producers are India, which produced 29 million tonnes per year on average between 2010 and 2017, and China at 11 million tonnes. Production in both countries mostly serves the domestic market.

How much money does the banana industry make?

Industry overview In 2017–18, banana production was valued at $434 million (LVP). The vast majority of the Australian banana crop is supplied to the domestic market while a small number of growers are creating export markets in Asia. Bananas are grown commercially in Queensland, NSW, WA and NT.

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What percent of each dollar spent on bananas goes to plantation workers?

For every dollar spent on bananas at the supermarket, eleven cents or less goes to the plantation. More often than not plantations receive only five cents from every dollar, which is then divided up, and as a result, workers are being paid shockingly low wages [35].

How profitable is banana farming?

On an average, a farmer earns Rs 10,000 per bigha of land under cane cultivation. But, banana production in the same area of land yields Rs 25,000.”

Who is the largest producer of bananas?

India
India is the top country by bananas production in the world. As of 2019, bananas production in India was 30.5 million tonnes that accounts for 26.02% of the world’s bananas production. The top 5 countries (others are China, Indonesia, Brazil, and Ecuador) account for 53.94% of it.

What country exports the most bananas?

Ecuador is the largest exporter of bananas in the world and its share of world banana trade is on the increase. Exports expanded from one million tonnes in 1985 to 3.6 million tonnes in 2000. This is equivalent to an average annual rate of about 9 percent, the highest of the top five exporting countries.

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Who is the biggest exporter of bananas?

Ecuador
Ecuador is the largest exporter of bananas in the world and its share of world banana trade is on the increase. Exports expanded from one million tonnes in 1985 to 3.6 million tonnes in 2000. This is equivalent to an average annual rate of about 9 percent, the highest of the top five exporting countries.

Who is the biggest banana producer?

Why are bananas so cheap in the US?

Originally Answered: Why are bananas so cheap for a fruit? Because they produce a LOT of fruit per plant and the labor required to collect that fruit is much less than other fruit. Compare cutting a bunch of bananas with one machete chop to having to pick blueberries individually.

What is per acre yield of papaya cultivation?

Once planted, the crop is kept for two years and the tree begins to yield fruit from the eighth month, he explained. This farmer has planted 900 plantings in an acre. On a conservative estimate, the yield per acre is around 60 kg a year.

How much profit can you make from banana farming?

One with good farm management skilled, proper care & management can achieve a good profit by farming Banana. minimum 20 kg per tree So, before starting the Banana farming, let us learn some health benefits of consuming banana fruit. Are bananas good for weight loss?

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Which is the largest banana producer in the world?

When it comes to production, INDIA tops the list of banana producer all over the world.

How much does it cost to grow a banana?

BANANA PRODUCTION IN 3 ACRES OF LAND ITEM UNIT QUANTITY PRICE(KSHS) TOTAL(KSHS) GROSS INCOME GROSS PRODUCTION PER ANNUM KG 48,000 14.00 672,000.00 VARIABLE COSTS BANANA SEEDLINGS NO. OF SEEDLINGS 1,332 100.00 133,200.00 SOIL TEST NO. OF SAMPLES 2 1,500.00 3,000.00 TRANSPORTATION OF SEEDLINGS NO.

How many people work in the banana industry?

This is so because bananas easily grow and thrive in water – logged areas. Statistics has it that farming (most especially commercial farming) of which banana farming is a part of, employs more than 24 million American workers (which is roughly17 percent of the total workforce in the United States).