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Africa - Bananas - Market Analysis, Forecast, Size, Trends and Insights
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Africa: Banana And Plantain Market Overview 2021

Banana And Plantain Market Size in Africa

In 2020, the African banana and plantain market increased by X% to $X, rising for the fourth year in a row after two years of decline. The market value increased at an average annual rate of +X% from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 when the market value increased by X% against the previous year. Over the period under review, the market attained the peak level in 2020 and is expected to retain growth in the near future.

Banana And Plantain Production in Africa

In value terms, banana and plantain production expanded remarkably to $X in 2020 estimated in export prices. The total production indicated pronounced growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production increased by +X% against 2016 indices. The growth pace was the most rapid in 2019 with an increase of X% year-to-year. The level of production peaked in 2020 and is likely to continue growth in the immediate term.

The countries with the highest volumes of banana and plantain production in 2020 were Democratic Republic of the Congo (X tonnes), Cameroon (X tonnes) and Ghana (X tonnes), together comprising X% of total production.

From 2007 to 2020, the most notable rate of growth in terms of banana and plantain production, amongst the main producing countries, was attained by Democratic Republic of the Congo, while banana and plantain production for the other leaders experienced more modest paces of growth.

In 2020, the average banana and plantain yield in Africa amounted to X tonnes per ha, remaining stable against 2019 figures. The yield figure increased at an average annual rate of +X% from 2007 to 2020; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2009 when the yield increased by X% y-o-y. Over the period under review, the banana and plantain yield hit record highs in 2020 and is expected to retain growth in years to come. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The banana and plantain harvested area rose to X ha in 2020, increasing by X% against 2019 figures. In general, the harvested area saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of X% year-to-year. The level of harvested area peaked at X ha in 2015; however, from 2016 to 2020, the harvested area failed to regain the momentum.

Production By Country in Africa

The countries with the highest volumes of banana and plantain production in 2020 were Democratic Republic of the Congo (X tonnes), Cameroon (X tonnes) and Ghana (X tonnes), together accounting for X% of total production.

From 2007 to 2020, the biggest increases were in Democratic Republic of the Congo, while banana and plantain production for the other leaders experienced more modest paces of growth.

Banana And Plantain Exports

Exports in Africa

After four years of growth, shipments abroad of bananas and plantains decreased by -X% to X tonnes in 2020. Overall, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. As a result, exports attained the peak of X tonnes. from 2015 to 2020, the growth exports remained at a lower figure.

In value terms, banana and plantain exports contracted notably to $X in 2020. In general, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when exports increased by X% y-o-y. As a result, exports reached the peak of $X. from 2015 to 2020, the growth exports remained at a lower figure.

Exports by Country

Cote d'Ivoire represented the largest exporting country with an export of about X tonnes, which finished at X% of total exports. Cameroon (X tonnes) held the second position in the ranking, followed by Mozambique (X tonnes) and Ghana (X tonnes). All these countries together held approx. X% share of total exports. The following exporters - South Africa (X tonnes) and Swaziland (X tonnes) - each accounted for a X% share of total exports.

Exports from Cote d'Ivoire increased at an average annual rate of +X% from 2007 to 2020. At the same time, Swaziland (+X%), Mozambique (+X%), Ghana (+X%) and South Africa (+X%) displayed positive paces of growth. Moreover, Swaziland emerged as the fastest-growing exporter exported in Africa, with a CAGR of +X% from 2007-2020. By contrast, Cameroon (-X%) illustrated a downward trend over the same period. From 2007 to 2020, the share of Mozambique, Cote d'Ivoire, Swaziland and Ghana increased by +X%, +X%, +X% and +X% percentage points, while Cameroon (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Cote d'Ivoire ($X) remains the largest banana and plantain supplier in Africa, comprising X% of total exports. The second position in the ranking was occupied by Cameroon ($X), with a X% share of total exports. It was followed by Ghana, with a X% share.

In Cote d'Ivoire, banana and plantain exports increased at an average annual rate of +X% over the period from 2007-2020. In the other countries, the average annual rates were as follows: Cameroon (-X% per year) and Ghana (+X% per year).

Export Prices by Country

In 2020, the banana and plantain export price in Africa amounted to $X per tonne, rising by X% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the export price increased by X% year-to-year. The level of export peaked at $X per tonne in 2014; however, from 2015 to 2020, export prices stood at a somewhat lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Cote d'Ivoire, while the other leaders experienced mixed trends in the export price figures.

Banana And Plantain Imports

Imports in Africa

For the fourth consecutive year, Africa recorded growth in overseas purchases of bananas and plantains, which increased by X% to X tonnes in 2020. In general, imports saw a prominent increase. The most prominent rate of growth was recorded in 2010 when imports increased by X% year-to-year. Over the period under review, imports reached the maximum in 2020 and are likely to see gradual growth in the immediate term.

In value terms, banana and plantain imports soared to $X in 2020. Over the period under review, imports saw a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Algeria (X tonnes) and South Africa (X tonnes) were the major importers of bananas and plantains in 2020, recording approx. X% and X% of total imports, respectively. Tunisia (X tonnes) ranks next in terms of the total imports with a X% share, followed by Senegal (X%). Morocco (X tonnes), Libya (X tonnes), Mauritania (X tonnes), Mali (X tonnes), Gambia (X tonnes), Egypt (X tonnes) and Botswana (X tonnes) followed a long way behind the leaders.

From 2007 to 2020, the biggest increases were in Gambia (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Algeria ($X) constitutes the largest market for imported bananas and plantains in Africa, comprising X% of total imports. The second position in the ranking was occupied by South Africa ($X), with a X% share of total imports. It was followed by Tunisia, with a X% share.

In Algeria, banana and plantain imports increased at an average annual rate of +X% over the period from 2007-2020. In the other countries, the average annual rates were as follows: South Africa (+X% per year) and Tunisia (+X% per year).

Import Prices by Country

The banana and plantain import price in Africa stood at $X per tonne in 2020, picking up by X% against the previous year. In general, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of X% year-to-year. Over the period under review, import prices reached the maximum at $X per tonne in 2009; however, from 2010 to 2020, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Botswana ($X per tonne), while South Africa ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Botswana, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for bananas and plantains in Africa?
+
The countries with the highest volumes of banana and plantain consumption in 2020 were Democratic Republic of the Congo (6.3M tonnes), Cameroon (6.2M tonnes) and Ghana (5.1M tonnes), together comprising 35% of total consumption.
What are the largest producers of bananas and plantains in Africa?
+
The countries with the highest volumes of banana and plantain production in 2020 were Democratic Republic of the Congo (6.3M tonnes), Cameroon (6.3M tonnes) and Ghana (5.1M tonnes), with a combined 36% share of total production.
What are the leading suppliers of bananas and plantains in Africa?
+
In value terms, Cote d'Ivoire ($287M) remains the largest banana and plantain supplier in Africa, comprising 58% of total exports. The second position in the ranking was occupied by Cameroon ($99M), with a 20% share of total exports. It was followed by Ghana, with a 11% share.
What are the leading importers of bananas and plantains in Africa?
+
In value terms, Algeria ($98M) constitutes the largest market for imported bananas and plantains in Africa, comprising 42% of total imports. The second position in the ranking was occupied by South Africa ($42M), with a 18% share of total imports. It was followed by Tunisia, with a 8.1% share.
What is the average export price for bananas and plantains in Africa?
+
In 2020, the banana and plantain export price in Africa amounted to $691 per tonne, with an increase of 2.5% against the previous year.
What is the average import price for bananas and plantains in Africa?
+
The banana and plantain import price in Africa stood at $416 per tonne in 2020, surging by 7.2% against the previous year.

Product coverage:
• FCL 486 - Bananas
• FCL 489 -

This report provides an in-depth analysis of the banana and plantain 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 2007–2020
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 2007–2020
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
• Reunion
• 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 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption, By Country, 2015–2020
Table 5:
Production, In Physical Terms, By Country, 2007–2020
Table 6:
Harvested Area, By Country, 2007–2020
Table 7:
Yield, By Country, 2007–2020
Table 8:
Imports, In Physical Terms, By Country, 2007–2020
Table 9:
Imports, In Value Terms, By Country, 2007–2020
Table 10:
Import Prices, By Country Of Destination, 2007–2020
Table 11:
Exports, In Physical Terms, By Country, 2007–2020
Table 12:
Exports, In Value Terms, By Country, 2007–2020
Table 13:
Export Prices, By Country Of Origin, 2007–2020
Table 14:
Producer Prices, By Major Producing Country, 2020
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), By Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, By Country, 2020
Figure 4:
Market Forecast To 2030
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, 2007–2020
Figure 18:
Production, In Value Terms, 2007–2020
Figure 19:
Area Harvested, 2007–2020
Figure 20:
Yield, 2007–2020
Figure 21:
Production, By Country, 2020
Figure 22:
Production, In Physical Terms, By Country, 2007–2020
Figure 23:
Harvested Area, By Country, 2020
Figure 24:
Harvested Area, By Country, 2007–2020
Figure 25:
Yield, By Country, 2007–2020
Figure 26:
Imports, In Physical Terms, 2007–2020
Figure 27:
Imports, In Value Terms, 2007–2020
Figure 28:
Imports, In Physical Terms, By Country, 2020
Figure 29:
Imports, In Physical Terms, By Country, 2007–2020
Figure 30:
Imports, In Value Terms, By Country, 2007–2020
Figure 31:
Import Prices, By Country, 2007–2020
Figure 32:
Exports, In Physical Terms, 2007–2020
Figure 33:
Exports, In Value Terms, 2007–2020
Figure 34:
Exports, In Physical Terms, By Country, 2020
Figure 35:
Exports, In Physical Terms, By Country, 2007–2020
Figure 36:
Exports, In Value Terms, By Country, 2007–2020
Figure 37:
Export Prices, 2007–2020

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