Peruvian banana exports slow down despite rising prices

For the second consecutive month, fresh banana exports in September 2024 showed a slowdown, despite an increase in the average price. Peru exported 10,747 tons of bananas, generating revenues of $8 million. This represented a 10% drop in volume and 11% in value compared to the same month of the previous year. According to FreshFruit, however, the average price showed an increase of 9%, rising from $3.91 per kilogram in 2023 to $4.26 in 2024. Of all the destinations where the product arrived, the Netherlands remained the main one despite a slight decrease of 3% in volume, with 3,571 tons purchased and a 5% drop in value, closing at $2.7 million. Likewise, the price fell by 1%, standing at $0.76 per kilogram. Despite these setbacks, the share of this market increased slightly, from 32% in 2023 to 34% in 2024. For its part, the United States (second on the list) experienced significant growth in its imports, but not enough to take the lead. The volume exported to this market was ...