Brazil: Banana production recovers and returns to 2019 levels in Santa Catarina

Published 2023년 5월 17일

Tridge summary

Santa Catarina's fruit industry is experiencing a recovery, with a significant increase in production and value of negotiations in national wholesale markets. The traded value of fruit from Santa Catarina in the first three months of the year was R$ 41.18 million, a 50% increase compared to the same period in 2022. The state supplies around 40% of Brazil's banana exports and is mainly exporting to Argentina and Uruguay. The industry is recovering from damage caused by a hurricane in 2020 and the Covid-19 pandemic.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

This year, the good production and quality of the fruit have provided good results for farmers. According to Socioeconomics and Rural Development analyst at the Center for Socioeconomics and Agricultural Planning (Epagri/Cepa), Rogério Goulart, the activity is going through a period of recovery since, in 2020, part of the orchards suffered damage due to the passage of a Hurricane. With prices at a good level and production on the rise, there was a significant increase in the value of negotiations in the national wholesale markets. According to data available in the April Agricultural Bulletin, the traded value of fruit from Santa Catarina in the first three months of the year was R$ 41.18 million, which represents an increase of 50% compared to the same period in 2022. Goulart explains that, wholesale in Santa Catarina, the supply of the fruit exceeded 5 thousand tons per month, returning to the levels of 2019, before the extreme weather events and the Covid-19 pandemic registered ...

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