Kenya: Banana And Plantain Market 2024

Banana And Plantain Market Size in Kenya

In 2022, the Kenyan banana and plantain market decreased by less than 0.1% to $X, falling for the second consecutive year after four years of growth. Overall, consumption, however, enjoyed measured growth. Over the period under review, the market attained the maximum level at $X in 2020; afterwards, it flattened through to 2022.

Banana And Plantain Production in Kenya

In value terms, banana and plantain production expanded modestly to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a perceptible increase. The pace of growth was the most pronounced in 2019 with an increase of 69%. Banana and plantain production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

In 2022, the average yield of bananas and plantains in Kenya declined slightly to X tons per ha, waning by -3.5% on the previous year. The yield figure increased at an average annual rate of +2.5% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2014 when the yield increased by 21%. The banana and plantain yield peaked at X tons per ha in 2021, and then reduced in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the banana and plantain harvested area in Kenya was estimated at X ha, approximately reflecting 2021. The harvested area increased at an average annual rate of +2.1% 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 2017 when the harvested area increased by 22% against the previous year. As a result, the harvested area attained the peak level of X ha. From 2018 to 2022, the growth of the banana and plantain harvested area remained at a lower figure.

Banana And Plantain Exports

Exports from Kenya

In 2022, overseas shipments of bananas and plantains increased by 65% to X tons, rising for the second consecutive year after three years of decline. Over the period under review, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 568% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, banana and plantain exports soared to $X in 2022. Overall, exports posted a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of 238%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the near future.

Exports by Country

South Africa (X tons) was the main destination for banana and plantain exports from Kenya, with a 70% share of total exports. Moreover, banana and plantain exports to South Africa exceeded the volume sent to the second major destination, the UK (X tons), sixfold. Norway (X tons) ranked third in terms of total exports with a 5.1% share.

From 2012 to 2022, the average annual growth rate of volume to South Africa amounted to +121.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+21.1% per year) and Norway (+18.5% per year).

In value terms, the United Arab Emirates ($X), Norway ($X) and the UK ($X) constituted the largest markets for banana and plantain exported from Kenya worldwide, with a combined 58% share of total exports.

Among the main countries of destination, the United Arab Emirates, with a CAGR of +143.5%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average banana and plantain export price stood at $X per ton in 2022, shrinking by -23.1% against the previous year. In general, the export price showed a drastic downturn. The most prominent rate of growth was recorded in 2014 when the average export price increased by 128%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the average export prices failed to regain momentum.

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 the United Arab Emirates ($X per ton), while the average price for exports to South Africa ($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 the United Arab Emirates (+33.7%), while the prices for the other major destinations experienced more modest paces of growth.

Banana And Plantain Imports

Imports into Kenya

Banana and plantain imports into Kenya dropped rapidly to X tons in 2022, with a decrease of -24% compared with the previous year's figure. Over the period under review, imports, however, posted a remarkable increase. The growth pace was the most rapid in 2019 with an increase of 315% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, banana and plantain imports fell sharply to $X in 2022. Overall, imports, however, saw a remarkable increase. The most prominent rate of growth was recorded in 2019 when imports increased by 368%. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Uganda (X tons) was the main banana and plantain supplier to Kenya, with a 97% share of total imports. It was followed by Tanzania (X tons), with a 2.6% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Uganda stood at +14.9%.

In value terms, Uganda ($X) constituted the largest supplier of bananas and plantains to Kenya, comprising 97% of total imports. The second position in the ranking was held by Tanzania ($X), with a 2.5% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Uganda stood at +13.7%.

Import Prices by Country

In 2022, the average banana and plantain import price amounted to $X per ton, dropping by -20.4% against the previous year. Over the period under review, the import price showed a perceptible reduction. The pace of growth was the most pronounced in 2018 an increase of 34%. Over the period under review, average import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Uganda ($X per ton), while the price for Tanzania stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tanzania (+2.2%).

Source: IndexBox Platform

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