On-the-Ground Updates

Imported Banana Prices in China Hit Historic Low Due to Weather Changes During mid-Oct-23 to Dec-23

Fresh Banana
Philippines
Thao Nguyen
Published Jan 1, 2024
From mid-Oct-23 to Dec-23, imported banana prices in China have hit a historic low. This trend results from various factors, including domestic weather changes, increased banana production in Vietnam, and the impact of Panama disease in the Philippines. These changes have affected both the demand and competitiveness of imported bananas in the Chinese market. Furthermore, the situation impacts major Southeast Asian banana exporters like the Philippines, Vietnam, and Cambodia.
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