Market research

Bananas market in Ethiopia

Release date: Mar 28, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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Earlier Report Observations

The Ethiopian banana market experienced a period of substantial expansion from 2018 to 2022, with volume more than doubling from 515 thousand tons to a peak of 1 349 thousand tons. This growth was driven by a significant surge in domestic production, which increased from 519 thousand tons to over 1.3 million tons over the same period, while the country remained largely self-sufficient with minimal imports.

The most pronounced increase occurred in 2020, when the market volume jumped by 68% to 895 thousand tons. This rapid expansion continued through 2021 and 2022, with annual growth rates of approximately 22%. In value terms, the market followed a similar trajectory, rising from $111.1 million in 2018 to $308.4 million in 2022.

This upward trend was interrupted in 2023, as the market volume contracted by 18% to 1 104 thousand tons, returning close to the level seen in 2021. Correspondingly, the market's value declined to $264.1 million. The export volume remained a small fraction of total production throughout the period.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
  2. 4.1.2. In value
    1. 4.1.2.1. Production, 2018-2023
    2. 4.1.2.2. Imports, 2018-2024
    3. 4.1.2.3. Exports, 2018-2024
    4. 4.1.2.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Ethiopia
  1. 5.1.1. Annual dynamics of production in Ethiopia in kind, 2018-2023, K t
  2. 5.1.2. Annual dynamics of production in Ethiopia in value, 2018-2023, $ US
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, K t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, K t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Exports
1. 6.1. Exports (Direct Data*)
  1. 6.1.1. Exports - Total information
  2. 6.1.2. Exports in kind, t
    1. 6.1.2.1. Annual dynamics of product's exports from Ethiopia in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's exports in kind from Ethiopia by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.1.3. Exports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's exports from Ethiopia in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's exports in value from Ethiopia by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's exports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's exports from Ethiopia, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's exports from Ethiopia by countries, 2018-2024, $ US/t
2. 6.2. Exports (Mirror Data)
  1. 6.2.1. Exports - Total information
  2. 6.2.2. Exports in kind, t
    1. 6.2.2.1. Annual dynamics of product's exports from Ethiopia in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's exports in kind from Ethiopia by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.2.3. Exports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's exports from Ethiopia in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's exports in value from Ethiopia by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's exports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's exports from Ethiopia, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's exports from Ethiopia by countries, 2018-2024, $ US/t
7. Imports
1. 7.1. Imports (Direct Data*)
  1. 7.1.1. Imports - Total information
  2. 7.1.2. Imports in kind, t
    1. 7.1.2.1. Annual dynamics of product's imports to Ethiopia in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's imports in kind to Ethiopia by countries, 2018-2024, t
    3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.1.3. Imports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's imports to Ethiopia in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's imports in value to Ethiopia by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's imports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's imports to Ethiopia, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's imports to Ethiopia by countries, 2018-2024, $ US/t
2. 7.2. Imports (Mirror Data)
  1. 7.2.1. Imports - Total information
  2. 7.2.2. Imports in kind, t
    1. 7.2.2.1. Annual dynamics of product's imports to Ethiopia in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's imports in kind to Ethiopia by countries, 2018-2024, t
    3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.2.3. Imports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's imports to Ethiopia in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's imports in value to Ethiopia by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's imports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's imports to Ethiopia, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's imports to Ethiopia by countries, 2018-2024, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production bananas in Ethiopia

In kind, 2017-2020, K t

Ethiopia ranked 30th globally in banana production between 2017 and 2020.

Top producers of bananas, 2017-2020

Source: SHEV.io

World map of production of bananas, 2017-2020

Source: SHEV.io

Ethiopia's banana production increased for the second consecutive year. In 2020, the country produced 898.4 thousand tonnes of bananas, marking a dramatic 66.5% increase compared to 2019. Between 2017 and 2020, production grew by 61.1%, which translates to an annualized growth rate of 17.2%. The lowest production level was recorded in 2018 at 519.2 thousand tonnes, representing a 6.9% decline from the previous year.

Annual dynamics of production in Ethiopia in kind, 2017-2020, K t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(6.9%)	3.9%	66.5%	17.2%

Source: SHEV.io

In value, 2017-2020, M $ US

Banana production in Ethiopia increased for the second consecutive year. In 2020, the output was valued at 187.3 million US dollars, up by 53.4% compared to 2019. Over the period from 2017 to 2020, production value increased by 64.9%, with a compound annual growth rate of 18.1%. The lowest value was recorded in 2018 at 112.0 million US dollars, which was a 1.4% decrease from the previous year.

Annual dynamics of production in Ethiopia in value, 2017-2020, M $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(1.4%)	9.0%	53.4%	18.1%

Source: SHEV.io

Exports bananas from Ethiopia

Exports in kind, t

The market showed signs of volatility during the observed period. Exports bottomed in 2017 and peaked in 2019, with a 3.9-fold difference between these years. In 2020, Ethiopia exported 3 573 tonnes of bananas, representing a sharp decline of 50.7% from 2019. The maximum export volume was recorded in 2019 at 7 254 tonnes, while the largest increase occurred in 2018 with a growth of 122.9%.

Annual dynamics of product's exports from Ethiopia in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	122.9%	72.8%	(50.7%)	23.8%

Source: SHEV.io

Between 2017 and 2020, Djibouti and Somalia together formed the main group of buyers for Ethiopian bananas, accounting for 99.9% of total exports in volume terms.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Ethiopia in kind, 2017-2020

Source: SHEV.io

Exports in value, K $ US

Volatility characterized the market behavior during these years. The lowest export value was recorded in 2017, while the highest occurred in 2019, with a peak-to-trough ratio of 4.3 times. In 2020, Ethiopia exported 745 thousand US dollars worth of bananas, constituting a steep contraction of 54.6% compared to the previous year. The maximum value was recorded in 2019 at 1 642 thousand US dollars, and the largest increase took place in 2018 with growth of 136.1%.

Annual dynamics of product's exports from Ethiopia in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	136.1%	81.3%	(54.6%)	24.8%

Source: SHEV.io

Throughout 2017 to 2020, Somalia and Djibouti remained the principal buyers of bananas from Ethiopia, together accounting for 99.5% of total exports in value terms.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Ethiopia in value, 2017-2020

Source: SHEV.io