Kenya: Banana Market 2025

Banana Market Size in Kenya

The Kenyan banana market expanded to $X in 2022, picking up by 1.6% against the previous year. Over the period under review, consumption, however, posted a resilient increase. Over the period under review, the market reached the peak level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Banana Production in Kenya

In value terms, banana production rose slightly to $X in 2022 estimated in export price. Overall, production, however, saw a strong increase. The most prominent rate of growth was recorded in 2018 with an increase of 43%. Banana production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

The average yield of bananas in Kenya fell to X tons per ha in 2022, declining by -3.5% compared with the year before. The yield figure increased at an average annual rate of +2.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 when the yield increased by 21%. As a result, the yield attained the peak level of X tons per ha. From 2015 to 2022, the growth of the average banana yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of bananas were harvested in Kenya; leveling off at 2021. The harvested area increased at an average annual rate of +2.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 with an increase of 23% against the previous year. As a result, the harvested area reached the peak level of X ha. From 2018 to 2022, the growth of the banana harvested area remained at a lower figure.

Banana Exports

Exports from Kenya

In 2022, banana exports from Kenya reduced to X tons, with a decrease of -13% compared with the year before. Overall, exports, however, enjoyed a pronounced increase. The most prominent rate of growth was recorded in 2013 when exports increased by 667%. Over the period under review, the exports reached the maximum at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, banana exports skyrocketed to $X in 2022. Over the period under review, exports, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2013 with an increase of 589%. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The UK (X tons) was the main destination for banana exports from Kenya, with a 49% share of total exports. Moreover, banana exports to the UK exceeded the volume sent to the second major destination, Norway (X tons), fourfold. The United Arab Emirates (X kg) ranked third in terms of total exports with a 7.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the UK totaled +71.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (+56.9% per year) and the United Arab Emirates (+45.0% per year).

In value terms, the UK ($X) emerged as the key foreign market for bananas exports from Kenya, comprising 42% of total exports. The second position in the ranking was taken by Norway ($X), with a 14% share of total exports. It was followed by Sweden, with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the UK amounted to +60.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (+49.6% per year) and Sweden (+76.2% per year).

Export Prices by Country

In 2022, the average banana export price amounted to $X per ton, surging by 79% against the previous year. Overall, export price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +8.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($X per ton), while the average price for exports to Rwanda ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+17.8%), while the prices for the other major destinations experienced more modest paces of growth.

Banana Imports

Imports into Kenya

Banana imports into Kenya skyrocketed to X tons in 2022, growing by 44% against the previous year. Over the period under review, imports saw a significant increase. The pace of growth was the most pronounced in 2016 with an increase of 333%. Over the period under review, imports reached the maximum at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, banana imports soared to $X in 2022. Overall, imports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2016 with an increase of 183%. Over the period under review, imports attained the maximum at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Uganda (X tons) was the main supplier of banana to Kenya, accounting for a approx. 100% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Uganda amounted to +27.6%.

In value terms, Uganda ($X) constituted the largest supplier of bananas to Kenya.

From 2012 to 2022, the average annual rate of growth in terms of value from Uganda totaled +16.4%.

Import Prices by Country

In 2022, the average banana import price amounted to $X per ton, remaining stable against the previous year. Overall, the import price saw a abrupt descent. The pace of growth was the most pronounced in 2019 when the average import price increased by 13%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Uganda.

From 2012 to 2022, the rate of growth in terms of prices for Uganda amounted to -8.8% per year.

Source: IndexBox Platform

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