Banana Market Overview in Tanzania
In value terms, banana production expanded modestly to $ in 2019 estimated in export prices. Overall, production showed a significant increase. The pace of growth appeared the most rapid in 2016 when the production volume increased by % y-o-y. Banana production peaked in 2019 and is likely to continue growth in the near future.
In 2019, the average yield of bananas in Tanzania stood at kg per ha, almost unchanged from 2018. In general, the yield recorded a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
The banana harvested area in Tanzania stood at ha in 2019, approximately mirroring 2018 figures. Overall, the harvested area saw a relatively flat trend pattern.
The size of the banana market in Tanzania expanded significantly to $ in 2018, rising 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). In general, consumption saw resilient growth. The most prominent rate of growth was recorded in 2008 when the market value increased by % against the previous year. Banana consumption peaked at $ in 2019; afterwards, it flattened through to 2018.