Africa: Plantain Market 2024

Plantain Market Size in Africa

The African plantain market expanded remarkably to $X in 2022, growing by X% against the previous year. The total consumption indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2018 indices. The level of consumption peaked in 2022 and is expected to retain growth in the near future.

Plantain Production in Africa

In value terms, plantain production fell to $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, production attained the maximum level at $X in 2021, and then shrank slightly in the following year.

The countries with the highest volumes of production in 2022 were Uganda (X tons), Democratic Republic of the Congo (X tons) and Cameroon (X tons), together accounting for X% of total production.

From 2012 to 2022, the biggest increases were recorded for Uganda (with a CAGR of X%), while production for the other leaders experienced more modest paces of growth.

The average plantain yield shrank to X tons per ha in 2022, flattening at 2021. Overall, the yield showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the yield increased by X% against the previous year. As a result, the yield attained the peak level of X tons per ha. From 2019 to 2022, the growth of the plantain yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of plantains production in Africa amounted to X ha, leveling off at 2021. The harvested area increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2019 when the harvested area increased by X%. Over the period under review, the harvested area dedicated to plantain production attained the maximum at X ha in 2020; afterwards, it flattened through to 2022.

Plantain Exports

Exports in Africa

In 2022, approx. X tons of plantains were exported in Africa; declining by X% against the previous year. Over the period under review, exports, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in 2015 when exports increased by X%. The volume of export peaked at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, plantain exports contracted dramatically to $X in 2022. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X, and then contracted sharply in the following year.

Exports by Country

Cote d'Ivoire (X tons), South Africa (X tons) and Ethiopia (X tons) represented roughly X% of total exports in 2022. It was distantly followed by Uganda (X tons), mixing up a X% share of total exports. The following exporters - Swaziland (X tons) and Burundi (X tons) - each finished at an X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Burundi (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest plantain supplying countries in Africa were South Africa ($X), Uganda ($X) and Cote d'Ivoire ($X), with a combined X% share of total exports.

In terms of the main exporting countries, Uganda, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Africa stood at $X per ton in 2022, growing by X% against the previous year. Overall, the export price, however, continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2016 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Uganda ($X per ton), while Burundi ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Swaziland (X%), while the other leaders experienced mixed trends in the export price figures.

Plantain Imports

Imports in Africa

In 2022, overseas purchases of plantains increased by X% to X tons, rising for the second consecutive year after two years of decline. In general, imports posted a strong expansion. The pace of growth appeared the most rapid in 2015 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, plantain imports contracted to $X in 2022. Over the period under review, imports saw a remarkable increase. The pace of growth was the most pronounced in 2015 when imports increased by X%. The level of import peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Senegal was the major importing country with an import of around X tons, which reached X% of total imports. It was distantly followed by Burkina Faso (X tons), South Africa (X tons), Mauritania (X tons), Malawi (X tons) and Niger (X tons), together achieving a X% share of total imports. Namibia (X tons) followed a long way behind the leaders.

Imports into Senegal increased at an average annual rate of X% from 2012 to 2022. At the same time, Mauritania (X%), South Africa (X%), Malawi (X%), Niger (X%) and Burkina Faso (X%) displayed positive paces of growth. Moreover, Mauritania emerged as the fastest-growing importer imported in Africa, with a CAGR of X% from 2012-2022. By contrast, Namibia (X%) illustrated a downward trend over the same period. While the share of Senegal (X p.p.), Burkina Faso (X p.p.), South Africa (X p.p.), Mauritania (X p.p.), Malawi (X p.p.) and Niger (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Namibia (X p.p.) displayed negative dynamics.

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

In Senegal, plantain imports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: South Africa (X% per year) and Mauritania (X% per year).

Import Prices by Country

In 2022, the import price in Africa amounted to $X per ton, which is down by X% against the previous year. Overall, the import price saw a deep downturn. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Namibia ($X per ton), while Burkina Faso ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mauritania (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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