Colombia: Producers from Paisa negotiate in Madrid for better prices for bananas exported to the European Union

Published 2024년 10월 9일

Tridge summary

Antioquian banana growers are seeking a 14% price increase for their exports from Urabá, currently priced at $8.5 per box, in negotiations with the European Union's large supermarkets led by the Colombian Banana Association (Augura). This is aiming to sustain the 50,000 jobs generated by the industry. Despite facing climatic challenges due to the El Niño Phenomenon, banana exports from Urabá have seen a 20% growth between January and July of this year, with over 38.7 million 20-kilogram units shipped, generating over $347 million in revenue.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Antioquian banana growers want a fair price for their product. For this reason, they traveled to Madrid (Spain) to negotiate an adjustment for banana exports from Urabá. The Colombian Banana Association (Augura) is carrying out the crucial negotiation to define the future of prices with the large supermarkets of the European Union. The negotiation is led by Emerson Aguirre, president of Augura. And the discussion takes place within the framework of Fruit Attraction 2024, the main world fair for this fruit sector. The average price of each box of banana exported from regions such as Urabá is 8.5 dollars. Colombian banana growers are asking for a 14% adjustment to reach a fair price, which allows them to sustain the 50,000 direct jobs generated by this activity. Aguirre considered that, in order to maintain a growth rate and strengthen exports, the international market must recognize fair prices for the fruit. He recalled that the banana agroindustry in Urabá has 100% of its formal ...
Source: Elcolombiano

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