Central African Republic: Plantain Market 2020

Plantain Market Size in Central African Republic

The revenue of the plantain market in Central African Republic amounted to $X in 2018, going up by X% against the previous year. Over the period under review, plantain consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the market value increased by X% y-o-y. Central African Republic plantain consumption peaked at $X in 2010; however, from 2011 to 2018, consumption remained at a lower figure.

Plantain Production in Central African Republic

In value terms, plantain production amounted to $X in 2018 estimated in export prices. Over the period under review, plantain production continues to indicate a relatively flat trend pattern. Central African Republic plantain production peaked at $X in 2015; however, from 2016 to 2018, production stood at a somewhat lower figure.

In 2018, the average plantain yield in Central African Republic amounted to X ton per ha, standing approx. at the previous year. Over the period under review, the plantain yield continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when yield increased by X% y-o-y. The global plantain yield peaked at X ton per ha in 2010; however, from 2011 to 2018, yield failed to regain its momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2018, approx. X ha of plantains were harvested in Central African Republic; leveling off at the previous year. In general, the plantain harvested area continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010 when harvested area increased by X% against the previous year. In that year, the plantain harvested area attained its peak level of X ha; afterwards, it flattened through to 2018.

Plantain Exports

Exports from Central African Republic

In 2018, the amount of plantains exported from Central African Republic stood at X kg, therefore, remained relatively stable against the previous year. Over the period under review, plantain exports continue to indicate a relatively flat trend pattern. Central African Republic exports peaked at X kg in 2015; however, from 2016 to 2018, exports failed to regain their momentum.

In value terms, plantain exports stood at $X in 2018. Over the period under review, plantain exports continue to indicate a relatively flat trend pattern. Over the period under review, plantain exports reached their maximum at $X in 2015; however, from 2016 to 2018, exports remained at a lower figure.

Exports by Country

The countries with the highest levels of plantain exports in 2018 were the Philippines (X tons), Guatemala (X tons) and Ecuador (X tons), together finishing at X% of total export. It was distantly followed by the Dominican Republic (X tons) and Colombia (X tons), together achieving a X% share of total exports. Mozambique (X tons), Nicaragua (X tons), Cote d'Ivoire (X tons), the Netherlands (X tons), the U.S. (X tons) and Belgium (X tons) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by the Netherlands, while the other leaders experienced more modest paces of growth.

In value terms, the largest plantain markets from Central African Republic were the Dominican Republic ($X), Guatemala ($X) and Ecuador ($X), with a combined X% share of total exports. The Philippines, Colombia, the Netherlands, the U.S., Belgium, Cote d'Ivoire, Nicaragua and Mozambique lagged somewhat behind, together comprising a further X terms of the main exporting countries, the Netherlands experienced the highest rates of growth with regard to exports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the plantain export price in Central African Republic amounted to $X per ton, approximately mirroring the previous year. Over the period under review, the plantain export price continues to indicate a relatively flat trend pattern. Central African Republic export price peaked at $X per ton in 2015; however, from 2016 to 2018, export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was the Netherlands ($X per ton), while Mozambique ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the Dominican Republic, while the other leaders experienced more modest paces of growth.

Plantain Imports

Imports by Country

In 2018, the U.S. (X tons) represented the key importer of plantains, committing X% of total imports. South Africa (X tons) took the second position in the ranking, followed by Saudi Arabia (X tons), the Netherlands (X tons) and Romania (X tons). All these countries together occupied near X% share of total imports. The following importers - the United Arab Emirates (X tons), the UK (X tons), Belgium (X tons), France (X tons), Senegal (X tons), Poland (X tons) and Macedonia (X tons) - together made up X% of total imports.

Imports into the U.S. increased at an average annual rate of +X% from 2007 to 2018. At the same time, the United Arab Emirates (+X%), Senegal (+X%), Romania (+X%), South Africa (+X%), the UK (+X%), Macedonia (+X%), Poland (+X%) and the Netherlands (+X%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. By contrast, Saudi Arabia (-X%), Belgium (-X%) and France (-X%) illustrated a downward trend over the same period. While the share of the U.S. (+X p.p.), South Africa (+X p.p.), Romania (+X p.p.), the United Arab Emirates (+X p.p.), Senegal (+X p.p.) and the UK (+X p.p.) increased significantly in terms of the global imports from 2007-2018, the share of Belgium (-X p.p.), Saudi Arabia (-X p.p.) and France (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported plantains into Central African Republic, comprising X% of global imports. The second position in the ranking was occupied by Saudi Arabia ($X), with a X% share of global imports. It was followed by the Netherlands, with a X% share.

In the U.S., plantain imports expanded at an average annual rate of +X% over the period from 2007-2018. The remaining importing countries recorded the following average annual rates of imports growth: Saudi Arabia (+X% per year) and the Netherlands (+X% per year).

Import Prices by Country

The plantain import price in Central African Republic stood at $X per ton in 2018, therefore, remained relatively stable against the previous year. Over the period under review, the plantain import price continues to indicate a relatively flat trend pattern.

Prices varied noticeably by the country of destination; the country with the highest price was the Netherlands ($X per ton), while South Africa ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Saudi Arabia, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform