Banana and Plantain Market in Cameroon
Market Overview
In 
, the Cameroonian banana and plantain market decreased by -% to $, falling for the second year in a row after three years of growth. Over the period under review, the total consumption indicated a noticeable increase from 2007 to : its value increased at an average annual rate of +% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption decreased by -% against 2018 indices. The most prominent rate of growth was recorded in 2013 with an increase of % year-to-year. Banana and plantain consumption peaked at $ in 2014; however, from 2015 to , consumption failed to regain the momentum.
In value terms, banana and plantain production reduced slightly to $ in estimated in export prices. The total output value increased at an average annual rate of +% over the period from 2007 to ; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when the production volume increased by % against the previous year. Over the period under review, production hit record highs at $ in 2014; however, from 2015 to , production failed to regain the momentum.
The average yield of bananas and plantains in Cameroon fell modestly to tonnes per ha in , remaining relatively unchanged against the previous year's figure. Over the period under review, the yield, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of % against the previous year. Over the period under review, the average banana and plantain yield hit record highs at tonnes per ha in 2015; however, from 2016 to , the 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, the harvested area of bananas and plantains in Cameroon reached ha, stabilizing at the previous year's figure. In general, the total harvested area indicated a measured expansion from 2007 to : its figure increased at an average annual rate of +% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, banana and plantain harvested area decreased by +% against 2016 indices. The pace of growth appeared the most rapid in 2011 when the harvested area increased by % against the previous year. The banana and plantain harvested area peaked at ha in 2012; however, from 2013 to , the harvested area stood at a somewhat lower figure.
, the Cameroonian banana and plantain market decreased by -% to $, falling for the second year in a row after three years of growth. Over the period under review, the total consumption indicated a noticeable increase from 2007 to : its value increased at an average annual rate of +% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption decreased by -% against 2018 indices. The most prominent rate of growth was recorded in 2013 with an increase of % year-to-year. Banana and plantain consumption peaked at $ in 2014; however, from 2015 to , consumption failed to regain the momentum.In value terms, banana and plantain production reduced slightly to $
in estimated in export prices. The total output value increased at an average annual rate of +% over the period from 2007 to ; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when the production volume increased by % against the previous year. Over the period under review, production hit record highs at $ in 2014; however, from 2015 to , production failed to regain the momentum.The average yield of bananas and plantains in Cameroon fell modestly to
tonnes per ha in , remaining relatively unchanged against the previous year's figure. Over the period under review, the yield, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of % against the previous year. Over the period under review, the average banana and plantain yield hit record highs at tonnes per ha in 2015; however, from 2016 to , the 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
, the harvested area of bananas and plantains in Cameroon reached ha, stabilizing at the previous year's figure. In general, the total harvested area indicated a measured expansion from 2007 to : its figure increased at an average annual rate of +% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, banana and plantain harvested area decreased by +% against 2016 indices. The pace of growth appeared the most rapid in 2011 when the harvested area increased by % against the previous year. The banana and plantain harvested area peaked at ha in 2012; however, from 2013 to , the harvested area stood at a somewhat lower figure.Consumption
In , consumption of bananas and plantains increased by % to tonnes, rising for the second year in a row after two years of decline. In general, the total consumption indicated a pronounced expansion from 2007 to : its volume increased at an average annual rate of +% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption increased by +% against 2018 indices. The growth pace was the most rapid in 2009 when the consumption volume increased by % year-to-year. Over the period under review, consumption hit record highs at tonnes in 2016; however, from 2017 to , consumption remained at a lower figure.
The size of the banana and plantain market in Cameroon declined modestly to $ in , remaining relatively unchanged 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 a temperate increase from 2007 to : its value increased at an average annual rate of +% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption decreased by -% against 2018 indices. The growth pace was the most rapid in 2013 when the market value increased by % y-o-y. Banana and plantain consumption peaked at $ in 2014; however, from 2015 to , consumption stood at a somewhat lower figure.
, consumption of bananas and plantains increased by % to tonnes, rising for the second year in a row after two years of decline. In general, the total consumption indicated a pronounced expansion from 2007 to : its volume increased at an average annual rate of +% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption increased by +% against 2018 indices. The growth pace was the most rapid in 2009 when the consumption volume increased by % year-to-year. Over the period under review, consumption hit record highs at tonnes in 2016; however, from 2017 to , consumption remained at a lower figure.The size of the banana and plantain market in Cameroon declined modestly to $
in , remaining relatively unchanged 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 a temperate increase from 2007 to : its value increased at an average annual rate of +% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption decreased by -% against 2018 indices. The growth pace was the most rapid in 2013 when the market value increased by % y-o-y. Banana and plantain consumption peaked at $ in 2014; however, from 2015 to , consumption stood at a somewhat lower figure.Market Forecast
Driven by increasing demand for banana and plantain in Cameroon, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to tonnes by the end of .
% for the period from to , which is projected to bring the market volume to tonnes by the end of .Market Structure
Over the period under review, imports of banana and plantain in Cameroon were negligibly small compared to the production volumes. Therefore, the share of imports in the total market was practically nonexistent, both in volume and in value terms. This situation has remained constant over the period under review, which means that domestic producers entirely meet the domestic demand for banana and plantain.
Trade Balance
This tangible trade surplus reflects the fact that the market remains buoyed by domestic production, and the industry is highly incorporated into the global market, which is likely to continue in the medium term.
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