Banana and Plantain Market Overview in Democratic Republic of the Congo
In value terms, banana and plantain production surged to $ in estimated in export prices. In general, production posted a significant increase. The growth pace was the most rapid in 2010 with an increase of % year-to-year. Banana and plantain production peaked in and is likely to continue growth in years to come.
The average yield of bananas and plantains in Democratic Republic of the Congo dropped to tonnes per ha in , remaining constant against 2019 figures. Over the period under review, the yield, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010 with an increase of % year-to-year. Over the period under review, the average banana and plantain yield attained the peak level at tonnes per ha in 2013; however, from 2014 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 , approx. ha of bananas and plantains were harvested in Democratic Republic of the Congo; increasing by % compared with 2019. Overall, the harvested area showed strong growth. The growth pace was the most rapid in 2010 when the harvested area increased by % year-to-year. The banana and plantain harvested area peaked in and is expected to retain growth in the immediate term.
The revenue of the banana and plantain market in Democratic Republic of the Congo soared to $ in , 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 showed a prominent increase. The pace of growth was the most pronounced in 2010 when the market value increased by % y-o-y. Banana and plantain consumption peaked in and is expected to retain growth in the immediate term.