In 2023, Mozambique's banana production stood at 839.13 thousand metric tons, reflecting an average annual variation of 3.51% over the past 5 years. The year-on-year variation in banana production from 2022 to 2023 was 3.45%, showing a steady but moderate growth trend. A closer look at the past two years indicates a consistent upward trajectory, with a notable growth rate in 2022 and slight increase in 2023.
Looking ahead, the forecast suggests an average annual growth rate (CAGR) of 2.52% for the next five years, culminating in a 13.27% growth by 2028. Future trends to monitor include potential impacts of climatic changes on agricultural yield, investments in agricultural technology, and shifts in global demand for bananas that could influence Mozambique's production capacity.