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Africa - Bananas - Market Analysis, Forecast, Size, Trends and Insights
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Africa: Banana Market Overview 2020

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Banana Market Size in Africa

The African banana market reduced slightly to $X in 2019, which is down by -X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 when the market value increased by X% against the previous year. The level of consumption peaked at $X in 2016; however, from 2017 to 2019, consumption stood at a somewhat lower figure.

Banana Production in Africa

In value terms, banana production reduced to $X in 2019 estimated in export prices. The total production indicated pronounced growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, production decreased by -X% against 2016 indices. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% year-to-year. The level of production peaked at $X in 2016; however, from 2017 to 2019, production stood at a somewhat lower figure.

The countries with the highest volumes of banana production in 2019 were Angola (X tonnes), Tanzania (X tonnes) and Rwanda (X tonnes), together accounting for X% of total production. These countries were followed by Burundi, Egypt, Kenya, Cameroon, Sudan, Mozambique, Ethiopia, Uganda and South Africa, which together accounted for a further X 2007 to 2019, the most notable rate of growth in terms of banana production, amongst the leading producing countries, was attained by Mozambique, while banana production for the other leaders experienced more modest paces of growth.

The average banana yield totaled X tonnes per ha in 2019, leveling off at the previous year's figure. Over the period under review, the yield showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2009 when the yield increased by X% y-o-y. Over the period under review, the banana yield attained the peak level at X tonnes per ha in 2016; however, from 2017 to 2019, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2019, approx. X ha of bananas were harvested in Africa; growing by X% on 2018. The harvested area increased at an average annual rate of +X% over the period from 2007 to 2019; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2017 when the harvested area increased by X% y-o-y. The level of harvested area peaked in 2019 and is likely to continue growth in the near future.

Production By Country in Africa

The countries with the highest volumes of banana production in 2019 were Angola (X tonnes), Tanzania (X tonnes) and Rwanda (X tonnes), with a combined X% share of total production. Burundi, Egypt, Kenya, Cameroon, Sudan, Mozambique, Ethiopia, Uganda and South Africa lagged somewhat behind, together accounting for a further X 2007 to 2019, the most notable rate of growth in terms of banana production, amongst the leading producing countries, was attained by Mozambique, while banana production for the other leaders experienced more modest paces of growth.

Banana Exports

Exports in Africa

In 2019, shipments abroad of bananas decreased by -X% to X tonnes, falling for the second consecutive year after four years of growth. Total exports indicated a temperate increase from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, exports decreased by -X% against 2017 indices. The pace of growth appeared the most rapid in 2014 when exports increased by X% year-to-year. Over the period under review, exports attained the peak figure at X tonnes in 2017; however, from 2018 to 2019, exports failed to regain the momentum.

In value terms, banana exports contracted significantly to $X in 2019. Over the period under review, exports, however, saw a strong increase. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. The level of export peaked at $X in 2017; however, from 2018 to 2019, exports failed to regain the momentum.

Exports by Country

In 2019, Cote d'Ivoire (X tonnes) and Cameroon (X tonnes) represented the key exporters of bananas in Africa, together accounting for near X% of total exports. Mozambique (X tonnes) took the next position in the ranking, followed by Ghana (X tonnes). All these countries together held approx. X% share of total exports. The following exporters - Egypt (X tonnes) and South Africa (X tonnes) - each recorded a X% share of total exports.

From 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Mozambique, while exports for the other leaders experienced more modest paces of growth.

In value terms, Cameroon ($X), Cote d'Ivoire ($X) and Mozambique ($X) were the countries with the highest levels of exports in 2019, together accounting for X% of total exports.

Mozambique recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2019, the banana export price in Africa amounted to $X per tonne, declining by -X% against the previous year. Over the period under review, the export price, however, showed a perceptible increase. The most prominent rate of growth was recorded in 2015 when the export price increased by X% year-to-year. Over the period under review, export prices attained the peak figure at $X per tonne in 2018, and then shrank notably in the following year.

Prices varied noticeably by the country of origin; the country with the highest price was Cameroon ($X per tonne), while Ghana ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Cameroon, while the other leaders experienced more modest paces of growth.

Banana Imports

Imports in Africa

In 2019, overseas purchases of bananas increased by X% to X tonnes, rising for the third year in a row after four years of decline. The total import volume increased at an average annual rate of +X% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. The volume of import peaked at X tonnes in 2012; however, from 2013 to 2019, imports stood at a somewhat lower figure.

In value terms, banana imports totaled $X in 2019. The total import value increased at an average annual rate of +X% over the period from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 when imports increased by X% y-o-y. The level of import peaked at $X in 2010; however, from 2011 to 2019, imports remained at a lower figure.

Imports by Country

South Africa represented the main importer of bananas in Africa, with the volume of imports finishing at X tonnes, which was near X% of total imports in 2019. It was distantly followed by Algeria (X tonnes), Senegal (X tonnes) and Morocco (X tonnes), together constituting a X% share of total imports. The following importers - Egypt (X tonnes), Botswana (X tonnes) and Tunisia (X tonnes) - each resulted at an X% share of total imports.

South Africa was also the fastest-growing in terms of the bananas imports, with a CAGR of +X% from 2007 to 2019. At the same time, Egypt (+X%), Senegal (+X%), Botswana (+X%) and Morocco (+X%) displayed positive paces of growth. By contrast, Algeria (-X%) and Tunisia (-X%) illustrated a downward trend over the same period. South Africa (+X p.p.), Senegal (+X p.p.), Egypt (+X p.p.) and Morocco (+X p.p.) significantly strengthened its position in terms of the total imports, while Tunisia and Algeria saw its share reduced by -X% and -X% from 2007 to 2019, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X), Algeria ($X) and Senegal ($X) were the countries with the highest levels of imports in 2019, together comprising X% of total imports.

South Africa recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The banana import price in Africa stood at $X per tonne in 2019, with an increase of X% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the import price increased by X% year-to-year. As a result, import price attained the peak level of $X per tonne. From 2018 to 2019, the growth in terms of the import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major importing countries. In 2019, the country with the highest price was Botswana ($X per tonne), while South Africa ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Tunisia, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for bananas in Africa?
+
The countries with the highest volumes of banana consumption in 2019 were Angola (3.8M tonnes), Tanzania (3.5M tonnes) and Rwanda (1.7M tonnes), together accounting for 44% of total consumption.
What are the largest producers of bananas in Africa?
+
The countries with the highest volumes of banana production in 2019 were Angola (3.8M tonnes), Tanzania (3.5M tonnes) and Rwanda (1.7M tonnes), with a combined 43% share of total production. These countries were followed by Burundi, Egypt, Kenya, Cameroon, Sudan, Mozambique, Ethiopia, Uganda and South Africa, which together accounted for a further 42%.
What are the leading suppliers of bananas in Africa?
+
In value terms, the largest banana supplying countries in Africa were Cameroon ($329M), Cote d'Ivoire ($169M) and Mozambique ($41M), together comprising 88% of total exports.
What are the leading importers of bananas in Africa?
+
In value terms, the largest banana importing markets in Africa were South Africa ($44M), Algeria ($29M) and Senegal ($13M), with a combined 64% share of total imports.
What is the average export price for bananas in Africa?
+
In 2019, the banana export price in Africa amounted to $579 per tonne, dropping by -26.4% against the previous year.
What is the average import price for bananas in Africa?
+
The banana import price in Africa stood at $415 per tonne in 2019, surging by 3.2% against the previous year.

Product coverage:
• FCL 486 - Bananas

This report provides an in-depth analysis of the banana market in Africa. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.



Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Africa, split by region and country
• Trade (exports and imports) in Africa
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
7.3
HARVESTED AREA AND YIELD BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Algeria
• Angola
• Benin
• Botswana
• Burkina Faso
• Burundi
• Cabo Verde
• Cameroon
• Central African Republic
• Chad
• Comoros
• Congo
• Democratic Republic of the Congo
• Djibouti
• Egypt
• Equatorial Guinea
• Eritrea
• Ethiopia
• Gabon
• Gambia
• Ghana
• Guinea
• Guinea-Bissau
• Kenya
• Lesotho
• Liberia
• Libya
• Madagascar
• Malawi
• Mali
• Mauritania
• Mauritius
• Mayotte
• Morocco
• Mozambique
• Namibia
• Niger
• Nigeria
• Réunion
• Rwanda
• Saint Helena, Ascension and Tristan da Cunha
• Sao Tome and Principe
• Senegal
• Seychelles
• Sierra Leone
• Somalia
• South Africa
• Sudan
• Swaziland
• Tanzania
• Togo
• Tunisia
• Uganda
• Zambia
• Zimbabwe
• Cote d'Ivoire
• Western Sahara
• South Sudan
LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption, By Country, 2015–2019
Table 5:
Production, In Physical Terms, By Country, 2007–2019
Table 6:
Harvested Area, By Country, 2007–2019
Table 7:
Yield, By Country, 2007–2019
Table 8:
Imports, In Physical Terms, By Country, 2007–2019
Table 9:
Imports, In Value Terms, By Country, 2007–2019
Table 10:
Import Prices, By Country Of Destination, 2007–2019
Table 11:
Exports, In Physical Terms, By Country, 2007–2019
Table 12:
Exports, In Value Terms, By Country, 2007–2019
Table 13:
Export Prices, By Country Of Origin, 2007–2019
Table 14:
Producer Prices, By Major Producing Country, 2019
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), By Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Consumption, By Country, 2019
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Yield And Growth
Figure 11:
Exports And Growth
Figure 12:
Export Prices And Growth
Figure 13:
Market Size And Growth
Figure 14:
Per Capita Consumption
Figure 15:
Imports And Growth
Figure 16:
Import Prices
Figure 17:
Production, In Physical Terms, 2007–2019
Figure 18:
Production, In Value Terms, 2007–2019
Figure 19:
Area Harvested, 2007–2019
Figure 20:
Yield, 2007–2019
Figure 21:
Production, By Country, 2019
Figure 22:
Production, In Physical Terms, By Country, 2007–2019
Figure 23:
Harvested Area, By Country, 2019
Figure 24:
Harvested Area, By Country, 2007–2019
Figure 25:
Yield, By Country, 2007–2019
Figure 26:
Imports, In Physical Terms, 2007–2019
Figure 27:
Imports, In Value Terms, 2007–2019
Figure 28:
Imports, In Physical Terms, By Country, 2019
Figure 29:
Imports, In Physical Terms, By Country, 2007–2019
Figure 30:
Imports, In Value Terms, By Country, 2007–2019
Figure 31:
Import Prices, By Country, 2007–2019
Figure 32:
Exports, In Physical Terms, 2007–2019
Figure 33:
Exports, In Value Terms, 2007–2019
Figure 34:
Exports, In Physical Terms, By Country, 2019
Figure 35:
Exports, In Physical Terms, By Country, 2007–2019
Figure 36:
Exports, In Value Terms, By Country, 2007–2019
Figure 37:
Export Prices, 2007–2019

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