On-the-Ground Updates

Price Drop of Ecuadorian Bananas During W10

Fresh Banana

Fruits

Ecuador

Market & Price Trends

Douglas Montiel

Published Mar 10, 2023

Ecuadorian spot prices suffered a price decrease in W10, pricing at USD 9.95/13.5kg and USD 12.35/18.14kg in W9, to USD 9.35/13.5kg box to USD 11.35/18.14kg box, all FOB. The price drop was influenced by the reduced demand from Russia, Europe, and the United States. Quality inventory remains stable.

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