Tridge summary
Brazilian banana exports experienced a 22% decrease between January and November of the same year, totaling 78,000 tons, due to low national supply and logistical issues, despite an increase in revenue by 2% to almost US$ 35 million. This decrease is largely attributed to climatic problems and reduced investment in cultural treatments, with Mercosur's restricted banana supply and price increases contributing to the situation. However, the ongoing economic crisis in Mercosur is expected to further limit export quotations, indicating a challenging end of the year for Brazilian banana exports.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
Brazilian banana exports fell in part of the year (January to November). According to Secex, the volume shipped was just 78,000 tons in the period, down 22% compared to last year. Collaborators from Hortifruti/Cepea reported that what happened was due to the low national supply (associated with the climatic problems of recent years and the reduction in investment in cultural treatments due to the high cost of production) and logistical problems. However, revenue raised from exports totaled almost US$ 35 million (FOB) between January and November 2022, up 2% compared to the same period last year, according to Secex. There was influence, here, from Mercosur, where commercialization prices increased (especially in the first semester), since the supply of bananas in the bloc was restricted – some suppliers, such as Paraguay, Bolivia and Colombia, dealt with climate restrictions, ...
Source: NoticiasAgricolas
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