Sharp decline in dollar banana imports in Europe in February

Published 2021년 5월 12일

Tridge summary

In February, European banana imports experienced a significant decline, with overalls supplies dropping by 8.3% to 524 tonnes, as reported by FruitTrop specialists from CIRAD. This decrease was primarily observed in imports of dollar bananas, particularly from Costa Rica, Colombia, and Ecuador, which fell by over 10%. The drop in imports from Africa-Caribbean-Pacific (ACP) countries, including Ghana, was less pronounced but still noted. However, banana imports from European origins such as Martinique, the Canaries, and Guadeloupe saw growth in February 2021 compared to February 2020.

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

Original content

Banana imports fell sharply on the European market in February with an 8.3% drop in supplies to 524 tonnes against 571 tonnes in February 2020. A fall which particularly impacted, once is not customary, the dollar banana but which has not been offset by African origins or more generally from Africa-Caribbean-Pacific (ACP) countries. Imports of dollar-sourced bananas, especially from the three main suppliers Costa Rica, Colombia and Ecuador, fell by more than 10% in February to 394 tons, after a decrease of 8% in January, indicates the FruitTrop specialist from CIRAD. In question, the cyclones of the end of 2020 which caused production losses and the countries arbitrated in favor of the American market. However, the ACP countries did not compensate for this drop in dollar origins, imports falling by 6% for Africa to 48 tonnes and by 7% for the other ACP countries to 31 tonnes. FruiTrop ...

Source: Commodafrica