Guinea-Bissau: Plantain Market 2020

Plantain Market Size in Guinea-Bissau

The revenue of the plantain market in Guinea-Bissau amounted to $X in 2018, flattening at the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed over the period under review. The most prominent rate of growth was recorded in 2016 when the market value increased by X% y-o-y. Over the period under review, the plantain market attained its peak figure level at $X in 2017, and then declined slightly in the following year.

Plantain Production in Guinea-Bissau

In value terms, plantain production stood at $X in 2018 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2018; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when production volume increased by X% against the previous year. Guinea-Bissau plantain production peaked at $X in 2017, and then declined slightly in the following year.

In 2018, the average yield of plantains in Guinea-Bissau totaled X ton per ha, standing approx. at the previous year. Overall, the plantain yield continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 when yield increased by X% year-to-year. Over the period under review, the plantain yield attained its maximum level at X ton per ha in 2007; however, from 2008 to 2018, 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 2018, approx. X ha of plantains were harvested in Guinea-Bissau; picking up by X% against the previous year. The harvested area increased at an average annual rate of +X% from 2007 to 2018; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2008 with an increase of X% year-to-year. The global plantain harvested area peaked in 2018 and is likely to continue its growth in the immediate term.

Plantain Exports

Exports by Country

The Philippines (X tons), Guatemala (X tons) and Ecuador (X tons) represented roughly X% of total exports of plantains in 2018. 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 Guinea-Bissau were the Dominican Republic ($X), Guatemala ($X) and Ecuador ($X), with a combined X% share of total exports. These countries were followed by the Philippines, Colombia, the Netherlands, the U.S., Belgium, Cote d'Ivoire, Nicaragua and Mozambique, which together accounted for a further X Netherlands experienced the highest growth rate of exports, among the main exporting countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the plantain export price in Guinea-Bissau amounted to $X per ton, stabilizing at the previous year. In general, the plantain export price continues to indicate a relatively flat trend pattern.

Prices varied noticeably by the country of origin; 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

The U.S. represented the key importing country with an import of around X tons, which amounted to X% of total imports. South Africa (X tons) ranks second in terms of the total imports with a X% share, followed by Saudi Arabia (X%), the Netherlands (X%) and Romania (X%). 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) occupied a minor share of total imports.

From 2007 to 2018, average annual rates of growth with regard to plantain imports into the U.S. stood at +X%. 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. ($X) constitutes the largest market for imported plantains into Guinea-Bissau, comprising X% of global imports. The second position in the ranking was occupied by Saudi Arabia ($X), with a X% share of global imports. It was followed by the Netherlands, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value in the U.S. stood at +X%. In the other countries, the average annual rates were as follows: Saudi Arabia (+X% per year) and the Netherlands (+X% per year).

Import Prices by Country

In 2018, the plantain import price in Guinea-Bissau amounted to $X per ton, flattening at the previous year. In general, the plantain import price continues to indicate a relatively flat trend pattern.

There were significant differences in the average prices amongst the major importing countries. In 2018, 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.

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Source: IndexBox Platform