Who Are the Main Importers for Ecuadorian Bananas?

1. US

Second-largest import market, but is heavily dominated and monopolized by large players such as Dole, Del Monte, and Fyffes.

 2. Europe

-UK, Spain, France, Germany, Netherlands, Belgium (small market, organic)

-Biggest market for organic bananas

-Scandinavia is a niche market for organic bananas that is growing every year. 

3. Russia 

-Largest import market.

-Stable importer. Usually engaged with small or medium-sized exporters (growers).

4. Asia

- S. Korea, Japan, China: premium prices around USD 8-9 FOB per box

-S. Korea operates on a fixed program (contract).

-Chinese demand is extremely unstable. Prices will rise substantially or decrease to as low as USD 2 per box if there is good production from the Philippines.