Cameroon: Banana Market 2024

Banana Market Size in Cameroon

The Cameroonian banana market amounted to $X in 2022, increasing by X% against the previous year. Overall, consumption, however, saw a noticeable setback. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Banana Production in Cameroon

In value terms, banana production stood at $X in 2022 estimated in export price. Overall, production saw a perceptible reduction. The most prominent rate of growth was recorded in 2016 when the production volume increased by X%. Banana production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

The average yield of bananas in Cameroon contracted modestly to X tons per ha in 2022, approximately mirroring the previous year's figure. The yield figure increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 when the yield increased by X%. Over the period under review, the average banana yield reached the peak level at X tons per ha in 2016; however, from 2017 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The banana harvested area in Cameroon declined to X ha in 2022, approximately reflecting the previous year. Overall, the harvested area showed a noticeable curtailment. The pace of growth was the most pronounced in 2016 when the harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to banana production attained the maximum at X ha in 2013; however, from 2014 to 2022, the harvested area remained at a lower figure.

Banana Exports

Exports from Cameroon

In 2022, the amount of bananas exported from Cameroon reduced to X tons, dropping by X% on 2021 figures. In general, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2017 to 2022, the growth of the exports failed to regain momentum.

In value terms, banana exports reduced modestly to $X in 2022. Over the period under review, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2017 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

The UK (X tons), Belgium (X tons) and France (X tons) were the main destinations of banana exports from Cameroon, with a combined X% share of total exports. Italy, Germany, the Czech Republic, Spain and Slovakia lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for banana exported from Cameroon were the UK ($X), Belgium ($X) and Germany ($X), together comprising X% of total exports.

In terms of the main countries of destination, Germany, with a CAGR of X%, recorded 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

In 2022, the average banana export price amounted to $X per ton, with an increase of X% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average export price increased by X%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Slovakia ($X per ton), while the average price for exports to the UK ($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 Slovakia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Banana Imports

Imports into Cameroon

In 2022, after two years of decline, there was significant decline in overseas purchases of bananas, when their volume decreased by X% to X tons. In general, imports, however, posted significant growth. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Imports peaked at X tons in 2021, and then reduced in the following year.

In value terms, banana imports shrank to $X in 2022. Over the period under review, imports, however, showed significant growth. The growth pace was the most rapid in 2016 when imports increased by X% against the previous year. Imports peaked at $X in 2021, and then contracted in the following year.

Imports by Country

In 2022, Brazil (X tons) was the main banana supplier to Cameroon, with a approx. X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Brazil was relatively modest.

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

From 2012 to 2022, the average annual growth rate of value from Brazil was relatively modest.

Import Prices by Country

In 2022, the average banana import price amounted to $X per ton, stabilizing at the previous year. Over the period under review, the import price showed a noticeable reduction. The most prominent rate of growth was recorded in 2014 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Ghana amounted to X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :