Produce/Banana

Ecuador’s banana exports increase despite liquidity issues

Ecuador’s banana exports increase despite liquidity issues

Published on May 26th, 2020

 

Ecuador’s banana shipments climbed 6.5% during the first four months of 2020 compared to the same period in 2019, reaching 135.7 million boxes. These figures come amidst a global pandemic that has hit Ecuador’s banana-growing regions particularly hard.

Calls for supply regulation to protect banana prices 

Slight dip in banana volumes

Slight dip in banana volumes

Published on Apr 23rd, 2020

The global banana production has declined slightly due to lower temperatures in the Tropics. This has driven a general increase in prices (spot prices reached €9.45 per box in week 7). However, Europe has seen very little change in prices as yet. European banana producers in the outermost regions are concerned about a possible oversupply if import tariffs are also reduced for Brazilian and Mexican bananas, following a similar move with Peru, Colombia and Ecuador.

Ecuador’s banana sector feels pinch of crisis

Successful introduction – the first climate neutral bananas for Delhaize

Successful introduction – the first climate neutral bananas for Delhaize

Published on Feb 04th, 2020

It is a huge success for BE CLIMATE. As of the beginning of this year, Port International delivers conventional BE CLIMATE bananas to Belgium on a weekly basis – climate neutral from the country of origin to the point of sale, of course. The first brand for climate neutral fruit and vegetables in Europe can be found as class Extra bananas at Delhaize, one of the leading Belgian retail chains. All unavoidable CO2 emissions caused during the cultivation, packing, and logistics process have been compensated in advance with the help of certified climate protection projects.

Risks of fusarium wilt spreading among Philippine bananas

Outbreak of Fusarium Wilt disease at Colombian banana plantations

Outbreak of Fusarium Wilt disease at Colombian banana plantations

Published on Aug 07th, 2019

Two Colombian banana production areas have been quarantined after an outbreak of the Fusarium Wilt Tropical Race IV (TR4) disease, which threatens the world’s bananas. The news has put neighbouring countries are on high alert. The announcement comes after several weeks of speculations among the sector but silence from the Colombian Agricultural Institute (ICA).

Ecuador’s banana exporters look beyond EU

Ecuador’s banana exporters look beyond EU

Published on Jun 26th, 2019

Despite problems with the EU market and adverse winter conditions, Ecuador recorded a 2% year-on-year increase in banana exports during the first quarter of 2019, shipping 95.3 million boxes. However, Ecuador’s banana exports to the EU dropped 15% in the first three months of the year, according to the Banana Marketing and Export Association (ACORBANEC). The fall in shipments is attributed to cheaper competitors like Guatemala.

Latin American banana exports worth $5.6 billion

Latin American banana exports worth $5.6 billion

Published on May 16th, 2019

Latin America and the Caribbean is the world’s largest banana-exporting region. Estimates point to a total combined export value of around US$11 billion for bananas and major tropical fruits from Latin America and the Caribbean, of which bananas accounted for about US$6 billion, according to data published by FAO. Between 2016 and 2018, the total production volume of bananas in the region was an estimated 30 million tons per year, while total exports reached an annual average of 13 million tons, representing 80% of world banana shipments, worth US$5.6 billion per year.

Germany looks to alternatives to expensive Ecuadorian bananas

Germany looks to alternatives to expensive Ecuadorian bananas

Published on Feb 20th, 2019

Due to the high price of Ecuador’s bananas, exports to Germany have dropped by 20-25% in 2019, according to industry sources. German retailers are instead looking to buy cheaper alternatives from Central America, like Guatemala. The relatively high prices of Ecuadorian bananas are due partly to the country’s government setting a minimum sales price and partly due to the higher shipping costs from South America, from where ships must pay to cross the Panama Canal.

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