Bananas: Brazil's Special Fruit 2020

Published 2020년 11월 24일

Tridge summary

The novel issue of Hortifruti Brasil magazine delves into the profound effects of the pandemic on the exports of eight fruits, which collectively contribute to 75% of Brazil's agricultural exports in the first nine months of 2020. The article highlights the challenges and opportunities faced by banana exports, with a focus on the negative impacts on volume contracts in Europe due to low international prices and increased competition from Ecuador, the world's leading banana exporter. Despite these setbacks, Brazil's exports to Mercosur countries, especially Argentina, have seen a significant uptick, counterbalancing the production losses in Santa Catarina. This surge in Mercosur demand is attributed to production and trade difficulties in Bolivia and Paraguay, traditionally competing markets. The article also touches on the influence of adverse weather conditions on production and the anticipated reduction in Ecuadorian banana exports due to a volcanic eruption.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In the November issue, the magazine Hortifruti Brasil analyzed the impacts of the pandemic on exports of eight fruits: bananas, lemons and limes, apples, papayas, mangoes, watermelons, melons and grapes - which, together, account for 75% of exports in the 2020 partial (January to September). In the case of bananas, the pandemic limited the volume contracted by importers in Europe this year. Furthermore, the low international price did not compensate for shipments to the continent. However, commercialization with Mercosur was very positive, since countries neighboring Brazil showed increasing consumption. Shipments mainly to Argentina increased, even exceeding shipments to Uruguay (which, in 2019, was the largest buyer of Brazilian fruit). Despite the bad weather that hindered production in Santa Catarina, the main exporter to Mercosur, other states made up for this deficit, such as Paraná, Rio Grande do Sul and São Paulo. The good demand from Mercosur may be related to the adverse ...

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