Banana and Plantain Market Overview in Cameroon
Market Overview
The Cameroonian banana and plantain market reached $
in 2019, increasing by % 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, consumption posted a prominent increase. The most prominent rate of growth was recorded in 2015 with an increase of % against the previous year. Over the period under review, the market hit record highs in 2019 and is likely to continue growth in the near future.
In value terms, banana and plantain production totaled $ in 2019 estimated in export prices. Overall, production enjoyed a buoyant expansion. The growth pace was the most rapid in 2015 with an increase of % year-to-year. Banana and plantain production peaked in 2019 and is likely to see gradual growth in the immediate term.
In 2019, the average yield of bananas and plantains in Cameroon stood at tonnes per ha, therefore, remained relatively stable against 2018. In general, the yield recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of % year-to-year. The banana and plantain yield peaked at tonnes per ha in 2017; however, from 2018 to 2019, 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.
The banana and plantain harvested area in Cameroon rose to ha in 2019, growing by % against the previous year. The harvested area increased at an average annual rate of +% over the period from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. 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 2019, the harvested area failed to regain the momentum.
in 2019, increasing by % 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, consumption posted a prominent increase. The most prominent rate of growth was recorded in 2015 with an increase of % against the previous year. Over the period under review, the market hit record highs in 2019 and is likely to continue growth in the near future.In value terms, banana and plantain production totaled $
in 2019 estimated in export prices. Overall, production enjoyed a buoyant expansion. The growth pace was the most rapid in 2015 with an increase of % year-to-year. Banana and plantain production peaked in 2019 and is likely to see gradual growth in the immediate term.In 2019, the average yield of bananas and plantains in Cameroon stood at
tonnes per ha, therefore, remained relatively stable against 2018. In general, the yield recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of % year-to-year. The banana and plantain yield peaked at tonnes per ha in 2017; however, from 2018 to 2019, 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.The banana and plantain harvested area in Cameroon rose to
ha in 2019, growing by % against the previous year. The harvested area increased at an average annual rate of +% over the period from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. 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 2019, the harvested area failed to regain the momentum.Consumption
In 2019, consumption of bananas and plantains increased by % to tonnes, rising for the fourth consecutive year after two years of decline. The total consumption volume increased at an average annual rate of +% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2010 with an increase of % against the previous year. Banana and plantain consumption peaked in 2019 and is expected to retain growth in the immediate term.
The value of the banana and plantain market in Cameroon rose slightly to $ in 2019, growing by % 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). Overall, consumption saw a resilient increase. The pace of growth was the most pronounced in 2015 with an increase of % y-o-y. Over the period under review, the market reached the maximum level in 2019 and is expected to retain growth in the immediate term.
% to tonnes, rising for the fourth consecutive year after two years of decline. The total consumption volume increased at an average annual rate of +% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2010 with an increase of % against the previous year. Banana and plantain consumption peaked in 2019 and is expected to retain growth in the immediate term.The value of the banana and plantain market in Cameroon rose slightly to $
in 2019, growing by % 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). Overall, consumption saw a resilient increase. The pace of growth was the most pronounced in 2015 with an increase of % y-o-y. Over the period under review, the market reached the maximum level in 2019 and is expected to retain growth in the immediate term.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 2019 to , which is projected to bring the market volume to tonnes by the end of .
% for the period from 2019 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
Cameroon remains a net exporter of banana and plantain; in physical and value terms, exports consistently exceeded imports from 2007 to 2019. In 2019, there was a significant trade surplus of - kg, which was equal to $-. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
kg, which was equal to $-. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
Download XLSX
Download all the data in the form of a report