Gabon: Plantain Market 2020

Plantain Market Size in Gabon

The revenue of the plantain market in Gabon amounted to $X in 2018, stabilizing at the previous year. Over the period under review, plantain consumption continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 when the market value increased by X% against the previous year. In that year, the plantain market attained its peak level of $X. From 2012 to 2018, the growth of the plantain market remained at a lower figure.

Plantain Production in Gabon

In value terms, plantain production totaled $X in 2018 estimated in export prices. In general, plantain production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 when production volume increased by X% against the previous year. In that year, plantain production reached its peak level of $X. From 2012 to 2018, plantain production growth failed to regain its momentum.

In 2018, the average yield of plantains in Gabon totaled X ton per ha, standing approx. at the previous year. Over the period under review, the plantain yield continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 with a decrease of -X% y-o-y. The global plantain yield peaked at X ton per ha in 2007; however, from 2008 to 2018, 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, approx. X ha of plantains were harvested in Gabon; remaining constant against the previous year. In general, the plantain harvested area continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. In that year, the plantain harvested area attained its peak level of X ha. From 2012 to 2018, the growth of the plantain harvested area failed to regain its momentum.

Plantain Exports

Exports from Gabon

Plantain exports from Gabon totaled X kg in 2018, standing approx. at the previous year. In general, plantain exports continue to indicate a relatively flat trend pattern. Gabon exports peaked at X kg in 2007; afterwards, it flattened through to 2018.

In value terms, plantain exports stood at $X in 2018. Over the period under review, plantain exports continue to indicate a relatively flat trend pattern. Gabon exports peaked at $X in 2007; afterwards, it flattened through to 2018.

Exports by Country

The countries with the highest levels of plantain exports in 2018 were the Philippines (X tons), Guatemala (X tons) and Ecuador (X tons), together recording 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) occupied a little 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 Gabon were the Dominican Republic ($X), Guatemala ($X) and Ecuador ($X), together accounting for X% of total exports. The Philippines, Colombia, the Netherlands, the U.S., Belgium, Cote d'Ivoire, Nicaragua, Mozambique and Gabon lagged somewhat behind, together accounting for a further X Netherlands recorded the highest growth rate of exports, among the main exporting countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The plantain export price in Gabon stood at $X per ton in 2018, approximately equating the previous year. Over the period under review, the plantain export price continues to indicate a relatively flat trend pattern. Gabon export price peaked at $X per ton in 2007; afterwards, it flattened through to 2018.

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 Gabon

In 2018, approx. X tons of plantains were imported into Gabon; going up by X% against the previous year. Over the period under review, plantain imports continue to indicate an outstanding expansion. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, plantain imports reached their maximum in 2018 and are expected to retain its growth in the near future.

In value terms, plantain imports totaled $X in 2018. In general, plantain imports continue to indicate a skyrocketing expansion. The pace of growth was the most pronounced in 2015 when imports increased by X% year-to-year. Over the period under review, plantain imports reached their maximum in 2018 and are expected to retain its growth in the near future.

Imports by Country

The U.S. was the main importer of plantains in the world, with the volume of imports reaching X tons, which was approx. X% of total imports in 2018. South Africa (X tons) ranks second in terms of the total imports with a X% share, followed by Saudi Arabia (X%), the Netherlands (X%) and Romania (X%). The following importers - 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) - together made up X% of total imports.

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. From 2007 to 2018, the share of the U.S., South Africa, Romania, the United Arab Emirates, Senegal and the UK increased by +X%, +X%, +X%, +X%, +X% and +X% percentage points, while Belgium (-X p.p.), Saudi Arabia (-X p.p.) and France (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2007 to 2018, the average annual rate of growth in terms of value in the U.S. totaled +X%. 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 Gabon amounted to $X per ton, therefore, remained relatively stable against the previous year. Over the period under review, the plantain import price continues to indicate a slight slump. The most prominent rate of growth was recorded in 2008 when the import price increased by X% y-o-y. Over the period under review, the import prices for plantains reached their maximum at $X per ton in 2009; however, from 2010 to 2018, import prices failed to regain their momentum.

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