Qatar: Plantain Market Overview 2021

Plantain Market Size in Qatar

The Qatari plantain market contracted to $X in 2019, which is down by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, the total consumption indicated buoyant growth from 2012 to 2019: its value increased at an average annual rate of +X% over the last seven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption increased by +X% against 2012 indices. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Plantain consumption peaked at $X in 2018, and then declined in the following year.

Plantain Exports

Exports from Qatar

In 2019, shipments abroad of plantains increased by X% to X tonnes for the first time since 2015, thus ending a three-year declining trend. Over the period under review, exports recorded a significant expansion. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, exports reached the maximum at X tonnes in 2015; however, from 2016 to 2019, exports stood at a somewhat lower figure.

In value terms, plantain exports soared to $X in 2019. Overall, exports saw a significant expansion. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, exports attained the maximum at $X in 2015; however, from 2016 to 2019, exports stood at a somewhat lower figure.

Exports by Country

Oman (X tonnes) was the main destination for plantain exports from Qatar, accounting for a approx. X% share of total exports.

From 2012 to 2019, the average annual growth rate of volume to Oman amounted to +X%.

In value terms, Oman ($X) also remains the key foreign market for plantain exports from Qatar.

From 2012 to 2019, the average annual rate of growth in terms of value to Oman stood at +X%.

Export Prices by Country

In 2019, the average plantain export price amounted to $X per tonne, which is down by -X% against the previous year. Overall, the export price saw a noticeable shrinkage. The pace of growth appeared the most rapid in 2018 when the average export price increased by X% against the previous year. As a result, export price attained the peak level of $X per tonne, and then shrank dramatically in the following year.

As there is only one major export destination, the average price level is determined by prices for Oman.

From 2012 to 2019, the rate of growth in terms of prices for Oman amounted to -X% per year.

Plantain Imports

Imports into Qatar

In 2019, supplies from abroad of plantains decreased by -X% to X tonnes for the first time since 2013, thus ending a five-year rising trend. Overall, total imports indicated strong growth from 2012 to 2019: its volume increased at an average annual rate of +X% over the last seven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports increased by +X% against 2013 indices. The pace of growth appeared the most rapid in 2015 with an increase of X% year-to-year. Over the period under review, imports hit record highs at X tonnes in 2018, and then shrank in the following year.

In value terms, plantain imports dropped to $X in 2019. Over the period under review, total imports indicated a buoyant expansion from 2012 to 2019: its value increased at an average annual rate of +X% over the last seven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports increased by +X% against 2012 indices. The pace of growth appeared the most rapid in 2015 when imports increased by X% year-to-year. Over the period under review, imports hit record highs at $X in 2018, and then declined in the following year.

Imports by Country

In 2019, the Philippines (X tonnes) constituted the largest supplier of plantain to Qatar, with a X% share of total imports. Moreover, plantain imports from the Philippines exceeded the figures recorded by the second-largest supplier, Ecuador (X tonnes), twofold. Sri Lanka (X tonnes) ranked third in terms of total imports with a X% share.

From 2012 to 2019, the average annual rate of growth in terms of volume from the Philippines was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Ecuador (+X% per year) and Sri Lanka (+X% per year).

In value terms, the Philippines ($X) constituted the largest supplier of plantain to Qatar, comprising X% of total imports. The second position in the ranking was occupied by Ecuador ($X), with a X% share of total imports. It was followed by India, with a X% share.

From 2012 to 2019, the average annual rate of growth in terms of value from the Philippines stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Ecuador (+X% per year) and India (+X% per year).

Import Prices by Country

The average plantain import price stood at $X per tonne in 2019, remaining relatively unchanged against the previous year. Over the period from 2012 to 2019, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2015 an increase of X% year-to-year. Over the period under review, average import prices hit record highs at $X per tonne in 2016; however, from 2017 to 2019, import prices stood at a somewhat lower figure.

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

From 2012 to 2019, the most notable rate of growth in terms of prices was attained by Sri Lanka, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for plantains in the world?

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The countries with the highest volumes of plantain consumption in 2019 were Ghana (4.9M tonnes), Democratic Republic of the Congo (4.9M tonnes) and Cameroon (4.8M tonnes), with a combined 35% share of global consumption. These countries were followed by Uganda, Nigeria, the Philippines, Peru, Colombia, Cote d'Ivoire, Myanmar, the Dominican Republic, Rwanda and Venezuela, which together accounted for a further 47%.

What are the largest producers of plantains in the world?

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The countries with the highest volumes of plantain production in 2019 were Ghana (4.9M tonnes), Democratic Republic of the Congo (4.9M tonnes) and Cameroon (4.8M tonnes), together accounting for 34% of global production. These countries were followed by Uganda, Nigeria, the Philippines, Peru, Colombia, Cote d'Ivoire, Myanmar, the Dominican Republic, Rwanda and Venezuela, which together accounted for a further 47%.

What are the leading suppliers of plantains to Qatar?

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In value terms, the Philippines ($14M) constituted the largest supplier of plantain to Qatar, comprising 39% of total imports. The second position in the ranking was occupied by Ecuador ($6.8M), with a 19% share of total imports. It was followed by India, with a 17% share.

What are the leading importers of plantains from Qatar?

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In value terms, Oman ($129K) remains the key foreign market for plantain exports from Qatar.

What is the average export price for plantains in Qatar?

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In 2019, the average plantain export price amounted to $788 per tonne, waning by -32.3% against the previous year.

What is the average import price for plantains in Qatar?

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The average plantain import price stood at $852 per tonne in 2019, flattening at the previous year.