French Guiana: Plantain Market 2020

Plantain Market Size in French Guiana

The revenue of the plantain market in French Guiana amounted to $X in 2018, going up by X% against the previous year. In general, the total market indicated strong growth from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, plantain consumption decreased by -X% against 2016 indices. The most prominent rate of growth was recorded in 2009 when the market value increased by X% y-o-y. Over the period under review, the plantain market attained its peak figure level at $X in 2016; however, from 2017 to 2018, consumption failed to regain its momentum.

Plantain Production in French Guiana

In value terms, plantain production stood at $X in 2018 estimated in export prices. Over the period under review, the total output indicated resilient growth from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, plantain production decreased by -X% against 2016 indices. The most prominent rate of growth was recorded in 2009 with an increase of X% year-to-year. French Guiana plantain production peaked at $X in 2016; however, from 2017 to 2018, production remained at a lower figure.

Average yield of plantains in French Guiana amounted to X ton per ha in 2018, approximately mirroring the previous year. Over the period under review, the plantain yield continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of X% y-o-y. Over the period under review, the plantain yield attained its peak figure level in 2018 and is expected to retain its growth in the immediate term. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2018, approx. X ha of plantains were harvested in French Guiana; growing by X% against the previous year. Over the period under review, the total harvested area indicated buoyant growth from 2007 to 2018: its figure increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, plantain harvested area decreased by -X% against 2016 indices. The most prominent rate of growth was recorded in 2009 with an increase of X% year-to-year. Over the period under review, the harvested area dedicated to plantain production reached its maximum at X ha in 2016; however, from 2017 to 2018, harvested area stood at a somewhat lower figure.

Plantain Exports

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, mixing up X% of total export. The Dominican Republic (X tons) ranks next in terms of the total exports with a X% share, 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) occupied a minor share of total exports.

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 largest plantain markets from French Guiana were the Dominican Republic ($X), Guatemala ($X) and Ecuador ($X), with a combined X% share of total exports. The Philippines, Colombia, the Netherlands, the U.S., Belgium, Cote d'Ivoire, Nicaragua and Mozambique lagged somewhat behind, together comprising a further X the main exporting countries, the Netherlands experienced the highest growth rate of 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 French Guiana amounted to $X per ton, standing approx. at the previous year. Overall, the plantain export price continues to indicate a relatively flat trend pattern.

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 by Country

In 2018, the U.S. (X tons) represented the major importer of plantains, generating X% of total imports. South Africa (X tons) took the second position in the ranking, followed by Saudi Arabia (X tons), the Netherlands (X tons) and Romania (X tons). All these countries together occupied near 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. ($X) constitutes the largest market for imported plantains into French Guiana, comprising X% of global imports. The second position in the ranking was occupied by Saudi Arabia ($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. The remaining importing countries recorded the following average annual rates of imports growth: Saudi Arabia (+X% per year) and the Netherlands (+X% per year).

Import Prices by Country

The plantain import price in French Guiana stood at $X per ton in 2018, approximately reflecting the previous year. Overall, the plantain import price continues to indicate a relatively flat trend pattern.

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