Ecuador: The downward trend in banana exports continues with a fall of 4.1%

Published 2021년 5월 28일

Tridge summary

Ecuador has seen a 4.1% decrease in banana exports between January and April 2021, compared to the same period in 2020, with a total of 5.8 million less boxes exported. The most significant decreases were in the Middle East and Asia, while Europe and Russia experienced minor decreases. However, the Southern Cone region and the US market saw growth. The increase in sheaths by 4% was attributed to early increases in 2021, with the average holster in 2021 being 41.36. Factors contributing to the reduced exports include volcanic ash, heavy rains, and flooding in Ecuador, as well as reduced purchases in Algeria and Iran, and a lack of containers and shipping spaces due to port congestion and rerouting by shipping companies.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to information provided by AEBE, until April 2021, banana exports have shown a sustained decrease. According to what the organization indicates, compared to the same period in 2020, around 5.8 million less boxes have been exported, which represents a decrease of 4.1%. They indicated that the months with the lowest export volume were March, with 7.9% less than 2020, followed by April, with -4.8%. Regarding destinations, there are decreases in several regions, including markets such as Europe (-2%) and Russia (-3%), although in a lesser proportion than in the first quarter (-7%). The biggest drop in the Middle East (-28%) and Asia (-34%) stood out, "markets that continue to be a challenge for the placement of Ecuadorian fruit." The Southern Cone, on the contrary, has presented a growth of 7% until the month of April, they pointed out. The US market shows considerable growth of 15%, led by the Atlantic area. In their report they also indicated that, up to the month of ...

Source: ClPortalFrutiCola