Democratic Republic of the Congo: Plantain Market 2020

Plantain Market Size in Democratic Republic of the Congo

The revenue of the plantain market in Democratic Republic of the Congo amounted to $X in 2018, increasing by X% against the previous year. Overall, plantain consumption continues to indicate prominent growth. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Democratic Republic of the Congo plantain consumption peaked in 2018 and is likely to see steady growth in the near future.

Plantain Production in Democratic Republic of the Congo

In value terms, plantain production stood at $X in 2018 estimated in export prices. Overall, plantain production continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2010 when production volume increased by X% y-o-y. Over the period under review, plantain production attained its peak figure level in 2018 and is expected to retain its growth in the near future.

Average yield of plantains in Democratic Republic of the Congo amounted to X ton per ha in 2018, standing approx. at the previous year. Over the period under review, the plantain yield continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X% y-o-y. In that year, the plantain yield reached its peak level of X ton per ha. From 2017 to 2018, the growth of the plantain yield failed to regain its momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2018, the harvested area of plantains in Democratic Republic of the Congo amounted to X ha, jumping by X% against the previous year. In general, the plantain harvested area continues to indicate a remarkable expansion. The pace of growth was the most pronounced in 2010 when harvested area increased by X% year-to-year. The global plantain harvested area peaked in 2018 and is expected to retain its growth in the near future.

Plantain Exports

Exports from Democratic Republic of the Congo

In 2018, the exports of plantains from Democratic Republic of the Congo amounted to X kg, coming down by -X% against the previous year. Over the period under review, plantain exports continue to indicate an abrupt slump. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, plantain exports attained their peak figure at X tons in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

In value terms, plantain exports stood at $X in 2018. Over the period under review, plantain exports continue to indicate a deep decline. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, plantain exports reached their maximum at $X in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

Exports by Country

In 2018, the Philippines (X tons), Guatemala (X tons) and Ecuador (X tons) were the largest exporters of plantains in the world, achieving X% of total export. The Dominican Republic (X tons) held an X% share (based on tons) of total exports, which put it in second place, followed by Colombia (X%). Mozambique (X tons), Nicaragua (X tons), Cote d'Ivoire (X tons), the Netherlands (X tons), the U.S. (X tons) and Belgium (X tons) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by the Netherlands, while the other leaders experienced more modest paces of growth.

In value terms, the Dominican Republic ($X), Guatemala ($X) and Ecuador ($X) appeared to be the countries with the highest levels of exports in 2018, with a combined X% share of total exports. These countries were followed by the Philippines, Colombia, the Netherlands, the U.S., Belgium, Cote d'Ivoire, Nicaragua, Mozambique and Democratic Republic of the Congo, which together accounted for a further X the main exporting countries, the Netherlands recorded the highest rates of growth with regard to exports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the plantain export price in Democratic Republic of the Congo amounted to $X per ton, shrinking by -X% against the previous year. In general, the plantain export price continues to indicate a measured reduction. The most prominent rate of growth was recorded in 2017 an increase of X% year-to-year. Democratic Republic of the Congo export price peaked at $X per ton in 2007; however, from 2008 to 2018, export prices failed to regain their momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was the Netherlands ($X per ton), while Mozambique ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the Dominican Republic, while the other leaders experienced more modest paces of growth.

Plantain Imports

Imports into Democratic Republic of the Congo

In 2018, the plantain imports into Democratic Republic of the Congo totaled X kg, shrinking by -X% against the previous year. Over the period under review, plantain imports continue to indicate an abrupt slump. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Democratic Republic of the Congo imports peaked at X tons in 2016; however, from 2017 to 2018, imports failed to regain their momentum.

In value terms, plantain imports totaled $X in 2018. Overall, plantain imports continue to indicate a significant drop. The growth pace was the most rapid in 2018 when imports increased by X% year-to-year. Democratic Republic of the Congo imports peaked at $X in 2016; however, from 2017 to 2018, imports failed to regain their momentum.

Imports by Country

The U.S. was the major importer of plantains in the world, with the volume of imports resulting at X tons, which was approx. X% of total imports in 2018. It was distantly followed by South Africa (X tons), Saudi Arabia (X tons), the Netherlands (X tons) and Romania (X tons), together generating a X% share of total imports. The United Arab Emirates (X tons), the UK (X tons), Belgium (X tons), France (X tons), Senegal (X tons), Poland (X tons) and Macedonia (X tons) followed a long way behind the leaders.

From 2007 to 2018, average annual rates of growth with regard to plantain imports into the U.S. stood at +X%. At the same time, the United Arab Emirates (+X%), Senegal (+X%), Romania (+X%), South Africa (+X%), the UK (+X%), Macedonia (+X%), Poland (+X%) and the Netherlands (+X%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. By contrast, Saudi Arabia (-X%), Belgium (-X%) and France (-X%) illustrated a downward trend over the same period. The U.S. (+X p.p.), South Africa (+X p.p.), Romania (+X p.p.), the United Arab Emirates (+X p.p.), Senegal (+X p.p.) and the UK (+X p.p.) significantly strengthened its position in terms of the global imports, while Belgium, Saudi Arabia and France saw its share reduced by -X%, -X% and -X% from 2007 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported plantains into Democratic Republic of the Congo, comprising X% of global imports. The second position in the ranking was occupied by Saudi Arabia ($X), with a X% share of global imports. It was followed by the Netherlands, with a X% share.

In the U.S., plantain imports increased at an average annual rate of +X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: Saudi Arabia (+X% per year) and the Netherlands (+X% per year).

Import Prices by Country

In 2018, the plantain import price in Democratic Republic of the Congo amounted to $X per ton, jumping by X% against the previous year. Over the period under review, the plantain import price continues to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2018 an increase of X% year-to-year. In that year, the import prices for plantains reached their peak level and is likely to continue its growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was the Netherlands ($X per ton), while South Africa ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Saudi Arabia, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform