Cameroon: Banana And Plantain Market 2024

Banana And Plantain Market Size in Cameroon

The Cameroonian banana and plantain market fell modestly to $X in 2022, approximately reflecting the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Banana And Plantain Production in Cameroon

In value terms, banana and plantain production declined modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

In 2022, the average banana and plantain yield in Cameroon was estimated at X tons per ha, approximately mirroring 2021. The yield figure increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2014 when the yield increased by X%. Over the period under review, the average banana and plantain yield hit record highs at X tons per ha in 2020; afterwards, it flattened through to 2022. 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 in Cameroon fell to X ha in 2022, leveling off at 2021. Overall, the harvested area recorded a slight descent. The most prominent rate of growth was recorded in 2016 when the harvested area increased by X% against the previous year. The banana and plantain harvested area peaked at X ha in 2012; however, from 2013 to 2022, the harvested area stood at a somewhat lower figure.

Banana And Plantain Exports

Exports from Cameroon

In 2022, shipments abroad of bananas and plantains increased by X% to X tons, rising for the second consecutive year after five years of decline. Overall, exports, however, saw a deep slump. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, banana and plantain exports skyrocketed to $X in 2022. Over the period under review, exports, however, saw a abrupt downturn. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

The UK (X tons) was the main destination for banana and plantain exports from Cameroon, with a X% share of total exports. Moreover, banana and plantain exports to the UK exceeded the volume sent to the second major destination, France (X tons), twofold. Spain (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the UK stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Spain (X% per year).

In value terms, the UK ($X) emerged as the key foreign market for bananas and plantains exports from Cameroon, comprising X% of total exports. The second position in the ranking was held by Germany ($X), with a X% share of total exports. It was followed by France, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the UK was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and France (X% per year).

Export Prices by Country

In 2022, the average banana and plantain export price amounted to $X per ton, reducing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2013 when the average export price increased by X%. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovakia ($X per ton), while the average price for exports to the UK ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (X%), while the prices for the other major destinations experienced more modest paces of growth.

Banana And Plantain Imports

Imports into Cameroon

In 2022, supplies from abroad of bananas and plantains increased by X% to X kg, rising for the second year in a row after four years of decline. Overall, imports, however, saw a sharp contraction. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, banana and plantain imports skyrocketed to $X in 2022. Over the period under review, imports, however, recorded a dramatic shrinkage. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Brazil (X kg) constituted the largest supplier of banana and plantain to Cameroon, accounting for a X% share of total imports. Moreover, banana and plantain imports from Brazil exceeded the figures recorded by the second-largest supplier, Moldova (X kg), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Brazil stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Moldova (X% per year) and France (X% per year).

In value terms, Brazil ($X), Moldova ($X) and France ($X) constituted the largest banana and plantain suppliers to Cameroon, with a combined X% share of total imports. Moreover, banana and plantain imports in Brazil exceeded the figures recorded by the second-largest supplier, Moldova, twofold.

Brazil, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average banana and plantain import price stood at $X per ton in 2022, which is down by X% against the previous year. Over the period under review, the import price saw a pronounced descent. The pace of growth appeared the most rapid in 2015 when the average import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2016 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for Brazil ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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