Banana and Plantain Market in Tanzania
Market Overview
After two years of growth, the Tanzanian banana and plantain market decreased by -
% to $ in . Over the period under review, the total consumption indicated measured growth 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. The pace of growth appeared the most rapid in 2015 when the market value increased by % against the previous year. Over the period under review, the market reached the maximum level at $ in 2019, and then declined in the following year.
In value terms, banana and plantain production shrank to $ in estimated in export prices. In general, production showed a resilient expansion. The growth pace was the most rapid in 2015 with an increase of % y-o-y. Banana and plantain production peaked at $ in 2019, and then reduced slightly in the following year.
In, the average banana and plantain yield in Tanzania fell modestly to tonnes per ha, waning by -% on the year before. Overall, the yield indicated slight growth 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 yield decreased by -% against 2018 indices. The growth pace was the most rapid in 2018 with an increase of % against the previous year. As a result, the yield reached the peak level of tonnes per ha. from 2019 to , the growth of the average banana and plantain yield remained at a 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 Tanzania reached ha in , growing by % against 2019 figures. In general, the harvested area, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 with an increase of % against the previous year. As a result, the harvested area attained the peak level of ha. from 2012 to , the growth of the banana and plantain harvested area remained at a somewhat lower figure.
% to $ in . Over the period under review, the total consumption indicated measured growth 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. The pace of growth appeared the most rapid in 2015 when the market value increased by % against the previous year. Over the period under review, the market reached the maximum level at $ in 2019, and then declined in the following year.In value terms, banana and plantain production shrank to $
in estimated in export prices. In general, production showed a resilient expansion. The growth pace was the most rapid in 2015 with an increase of % y-o-y. Banana and plantain production peaked at $ in 2019, and then reduced slightly in the following year.In
, the average banana and plantain yield in Tanzania fell modestly to tonnes per ha, waning by -% on the year before. Overall, the yield indicated slight growth 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 yield decreased by -% against 2018 indices. The growth pace was the most rapid in 2018 with an increase of % against the previous year. As a result, the yield reached the peak level of tonnes per ha. from 2019 to , the growth of the average banana and plantain yield remained at a 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 Tanzania reached
ha in , growing by % against 2019 figures. In general, the harvested area, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 with an increase of % against the previous year. As a result, the harvested area attained the peak level of ha. from 2012 to , the growth of the banana and plantain harvested area remained at a somewhat lower figure.Consumption
In , consumption of bananas and plantains increased by % to tonnes, rising for the third year in a row after two years of decline. In general, consumption saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the consumption volume increased by % against the previous year. Over the period under review, consumption attained the maximum volume at tonnes in 2015; however, from 2016 to , consumption remained at a lower figure.
The size of the banana and plantain market in Tanzania declined slightly to $ in , standing approx. at 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 notable growth 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. The most prominent rate of growth was recorded in 2015 when the market value increased by % y-o-y. Over the period under review, the market attained the maximum level at $ in 2019, and then fell slightly in the following year.
, consumption of bananas and plantains increased by % to tonnes, rising for the third year in a row after two years of decline. In general, consumption saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the consumption volume increased by % against the previous year. Over the period under review, consumption attained the maximum volume at tonnes in 2015; however, from 2016 to , consumption remained at a lower figure.The size of the banana and plantain market in Tanzania declined slightly to $
in , standing approx. at 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 notable growth 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. The most prominent rate of growth was recorded in 2015 when the market value increased by % y-o-y. Over the period under review, the market attained the maximum level at $ in 2019, and then fell slightly in the following year.Market Forecast
Driven by increasing demand for banana and plantain in Tanzania, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to retain its current trend pattern, 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 .
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