On-the-Ground Updates

Costa Rican Banana Producers Express Concerns Over Potential Price Decrease in Annual Contracts for 2024

Fresh Banana

Costa Rica

Market & Price Trends

Esteban Schroeder

Published Dec 29, 2023

Costa Rican banana producers are currently in the final stages of negotiating annual contracts for 2024. European supermarkets indicated a potential decrease of USD 1.42 in the price of a banana box (18.14 kg). This downward price pressure is causing significant worry among producers, as such a reduction could have severe economic implications, affecting the overall feasibility of banana production. The magnitude of this decrease, if realized, may lead producers to incur losses in their operations. In response to this threat, the producers are actively urging the Costa Rican government and The National Banana Corporation (CORBANA) to resist this pricing pressure commercially and diplomatically.

What to read next

On-the-Ground Updates

Frosty Weather in Poland Disrupts Apple Orchards, Prices Set to Rise in 2024

Theodoros Damvakaris · Apr 25, 2024

On-the-Ground Updates

Price of Fresh Cuttlefish Surged 9.1% WoW in the Italian Market Due to an Abundant Supply

Giselle Landaeta · Apr 24, 2024

On-the-Ground Updates

Egypt's Fresh Garlic Prices Soared by 40% MoM in Apr-24 Amid Inflation and Currency Changes

Emad Kader · Apr 24, 2024

On-the-Ground Updates

Stable Bread Prices in Egypt Despite 10% MoM Drop in White Wheat Prices

Emad Kader · Apr 24, 2024

On-the-Ground Updates

Early Greek Bostana Watermelon Exports Begin Amidst Chilly European Weather

Theodoros Damvakaris · Apr 22, 2024

Read more relevant content

Purchase prices for grain in Ukraine on April 26, 2024

Graintrade · Apr 26, 2024

Farmer: Nearly 40% of Bulgarian lambs will remain unsold because of imports

Agri · Apr 26, 2024

Within 7 days, the owners request an inspection of the areas damaged by the hail

Agri · Apr 26, 2024

BABH: The lack of milk samples is the reason why farmers do not receive financial support

Agri · Apr 26, 2024

Ukraine is at the equator of spring sowing: 2.5 million hectares have been sown

Agravery · Apr 26, 2024

By 2030, exports of Russian oil and fat products may increase 1.5 times

AgroInvestor · Apr 26, 2024

Ukraine delivered tons of grain to Sudan, - Zelenskyi

Unian · Apr 26, 2024

A meeting began in Brussels on the compliance of Ukrainian agricultural legislation with EU norms

Agropolit · Apr 26, 2024

By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.