Earlier Report Observations
The banana market in Seychelles began a period of gradual expansion from 2018, supported by a renewed interest in domestic cultivation. Small-scale banana plantations in local households started to recover, displacing some other crops and fruit trees, which contributed to increased production and a rising market volume.
Market volume remained stable over the following years, reaching a peak of 2 017 t in 2021 before a minor adjustment to 2 008 t in 2022. It returned to 2 014 t in 2023, reflecting consistent domestic output with very little reliance on imports, which typically accounted for only 1-3 t annually.
In 2024, significant supply disruptions for imported bananas from Colombia, caused by heatwaves and droughts, affected availability and prices. Imports fell to 1 t that year, highlighting the market's exposure to external climate-related shocks in source countries.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2023
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2023
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Seychelles
- 5.1.1. Annual dynamics of production in Seychelles in kind, 2018-2023, t
- 5.1.2. Annual dynamics of production in Seychelles in value, 2018-2023, $ US
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5.2. Global production by Country, 2018-2023
- 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
- 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
- 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
- 5.2.4. Structure of production by countries in kind, 2018-2023
- 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.1. Production in Seychelles
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6. Imports
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6.1. Imports (Direct Data)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, kg
- 6.1.2.1. Annual dynamics of product's imports to Seychelles in kind, 2018-2024, kg
- 6.1.2.2. Dynamics of product's imports in kind to Seychelles by countries, 2018-2024, kg
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.1.3. Imports in value, $ US
- 6.1.3.1. Annual dynamics of product's imports to Seychelles in value, 2018-2024, $ US
- 6.1.3.2. Dynamics of product's imports in value to Seychelles by countries, 2018-2024, $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
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6.1.4. Average price of product's imports, $ US/t
- 6.1.4.1. Annual dynamics of average price of product's imports to Seychelles, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's imports to Seychelles by countries, 2018-2024, $ US/t
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, kg
- 6.2.2.1. Annual dynamics of product's imports to Seychelles in kind, 2018-2024, kg
- 6.2.2.2. Dynamics of product's imports in kind to Seychelles by countries, 2018-2024, kg
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.2.3. Imports in value, $ US
- 6.2.3.1. Annual dynamics of product's imports to Seychelles in value, 2018-2024, $ US
- 6.2.3.2. Dynamics of product's imports in value to Seychelles by countries, 2018-2024, $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
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6.2.4. Average price of product's imports, $ US/t
- 6.2.4.1. Annual dynamics of average price of product's imports to Seychelles, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's imports to Seychelles by countries, 2018-2024, $ US/t
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6.1. Imports (Direct Data)
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7. Exports
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7.1. Exports (Direct Data)
- 7.1.1. Exports - Total information
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7.1.2. Exports in kind, kg
- 7.1.2.1. Annual dynamics of product's exports from Seychelles in kind, 2018-2024, kg
- 7.1.2.2. Dynamics of product's exports in kind from Seychelles by countries, 2018-2024, kg
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.1.3. Exports in value, $ US
- 7.1.3.1. Annual dynamics of product's exports from Seychelles in value, 2018-2024, $ US
- 7.1.3.2. Dynamics of product's exports in value from Seychelles by countries, 2018-2024, $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
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7.1.4. Average price of product's exports, $ US/t
- 7.1.4.1. Annual dynamics of average price of product's exports from Seychelles, 2018-2024, $ US/t
- 7.1.4.2. Dynamics of average price of product's exports from Seychelles by countries, 2018-2024, $ US/t
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7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
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7.2.2. Exports in kind, kg
- 7.2.2.1. Annual dynamics of product's exports from Seychelles in kind, 2018-2024, kg
- 7.2.2.2. Dynamics of product's exports in kind from Seychelles by countries, 2018-2024, kg
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.2.3. Exports in value, $ US
- 7.2.3.1. Annual dynamics of product's exports from Seychelles in value, 2018-2024, $ US
- 7.2.3.2. Dynamics of product's exports in value from Seychelles by countries, 2018-2024, $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
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7.2.4. Average price of product's exports, $ US/t
- 7.2.4.1. Annual dynamics of average price of product's exports from Seychelles, 2018-2024, $ US/t
- 7.2.4.2. Dynamics of average price of product's exports from Seychelles by countries, 2018-2024, $ US/t
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7.1. Exports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, kg
- 8.1.2. In value, $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, kg
- 8.2.2. In value, $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production bananas in Seychelles
In kind, 2017-2020, t
Top producers of bananas, 2017-2020
World map of production of bananas, 2017-2020
Banana production in Seychelles has grown for the third year in a row. In 2020, the country produced 2 012 tonnes of bananas, marking a slight increase of 0.6% compared to the previous year.
Annual dynamics of production in Seychelles in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 0.5% | 0.4% | 0.6% | 0.5% |
Exports bananas from Seychelles
Market analysis shows that Seychelles did not export any bananas between 2017 and 2020.
Imports bananas to Seychelles
Imports in kind, kg
In 2019, banana imports to Seychelles reached their lowest point at 1 561 kg, declining by 13.3% from the previous year. However, in 2020, imports surged to 2 107 kg, representing a sharp 35.0% increase compared to 2019. Over the period from 2018 to 2020, imports grew by 17%, which translates to an annualized growth rate of 5.4%.
Annual dynamics of product's imports to Seychelles in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | (13.3%) | 35.0% | - |
From 2017 to 2020, the United Arab Emirates (35.6% of imports by volume), France (32.7%), and the Philippines (26.3%) dominated the import structure for bananas in Seychelles. Together, these three countries accounted for 94.6% of total imports by volume.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Seychelles in kind, 2017-2020
Imports in value, $ US
The value of banana imports to Seychelles has risen for the second consecutive year. In 2020, imports totaled 12 499 US dollars, showing a significant increase of 46.8% compared to the previous year. Between 2018 and 2020, import values grew by 74.3%, equivalent to an annualized growth rate of 20.3%.
Annual dynamics of product's imports to Seychelles in value, 2017-2020, $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | 18.7% | 46.8% | - |
Between 2017 and 2020, France (41.3% of imports by value), the United Arab Emirates (34.0%), and the Philippines (21.5%) were the primary sources for banana imports to Seychelles. Collectively, these three countries made up 96.7% of total import value during this period.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Seychelles in value, 2017-2020
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