SADC: Plantain Market 2024

Plantain Market Size in SADC

In 2022, after two years of decline, there was growth in the SADC plantain market, when its value increased by X% to $X. Overall, consumption showed a relatively flat trend pattern. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Plantain Production in SADC

In value terms, plantain production totaled $X in 2022 estimated in export price. In general, production continues to indicate a slight downturn. The pace of growth was the most pronounced in 2013 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

The country with the largest volume of plantain production was Democratic Republic of the Congo (X tons), comprising approx. X% of total volume. Moreover, plantain production in Democratic Republic of the Congo exceeded the figures recorded by the second-largest producer, Tanzania (X tons), eightfold. Malawi (X tons) ranked third in terms of total production with a X% share.

In Democratic Republic of the Congo, plantain production increased at an average annual rate of X% over the period from 2012-2022. The remaining producing countries recorded the following average annual rates of production growth: Tanzania (X% per year) and Malawi (X% per year).

In 2022, the average yield of plantains in SADC stood at X tons per ha, remaining relatively unchanged against the year before. Overall, the yield recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the yield increased by X%. The level of yield peaked at X tons per ha in 2014; however, from 2015 to 2022, 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 plantain harvested area reduced modestly to X ha in 2022, standing approx. at the previous year. The harvested area increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to plantain production reached the peak figure at X ha in 2015; however, from 2016 to 2022, the harvested area remained at a lower figure.

Plantain Exports

Exports in SADC

In 2022, shipments abroad of plantains increased by X% to X tons, rising for the second year in a row after two years of decline. Overall, exports saw a buoyant increase. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, plantain exports declined to $X in 2022. Over the period under review, exports continue to indicate mild growth. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

South Africa represented the major exporter of plantains in SADC, with the volume of exports recording X tons, which was approx. X% of total exports in 2022. It was distantly followed by Swaziland (X tons), committing a X% share of total exports. Angola (X tons) took a little share of total exports.

South Africa was also the fastest-growing in terms of the plantains exports, with a CAGR of X% from 2012 to 2022. Angola experienced a relatively flat trend pattern. Swaziland (X%) illustrated a downward trend over the same period. While the share of Swaziland (X p.p.) and Angola (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of South Africa (X p.p.) displayed negative dynamics.

In value terms, South Africa ($X) remains the largest plantain supplier in SADC, comprising X% of total exports. The second position in the ranking was held by Swaziland ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in South Africa was relatively modest. In the other countries, the average annual rates were as follows: Swaziland (X% per year) and Angola (X% per year).

Export Prices by Country

In 2022, the export price in SADC amounted to $X per ton, falling by X% against the previous year. Overall, the export price showed a pronounced descent. The pace of growth appeared the most rapid in 2016 an increase of X% against the previous year. Over the period under review, the export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Angola ($X per ton), while Swaziland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Swaziland (X%).

Plantain Imports

Imports in SADC

In 2022, purchases abroad of plantains was finally on the rise to reach X tons for the first time since 2018, thus ending a three-year declining trend. In general, imports showed a resilient increase. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, plantain imports surged to $X in 2022. Over the period under review, imports recorded moderate growth. The most prominent rate of growth was recorded in 2013 when imports increased by X%. The level of import peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

South Africa was the key importing country with an import of about X tons, which resulted at X% of total imports. Malawi (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Namibia (X%) and Botswana (X%).

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by South Africa (with a CAGR of X%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, South Africa ($X) constitutes the largest market for imported plantains in SADC, comprising X% of total imports. The second position in the ranking was held by Namibia ($X), with a X% share of total imports. It was followed by Botswana, with a X% share.

From 2012 to 2022, the average annual growth rate of value in South Africa totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: Namibia (X% per year) and Botswana (X% per year).

Import Prices by Country

In 2022, the import price in SADC amounted to $X per ton, dropping by X% against the previous year. In general, the import price saw a drastic downturn. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. Over the period under review, import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Botswana ($X per ton), while Malawi ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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