Overview of world banana market

Fresh Banana
Published Oct 16, 2021

Tridge summary

Despite the abundant production, banana lovers around the world may soon face a price increase as the price of the popular fruit is affected by the global rise in the cost of raw materials. In general, however, the outlook for bananas is good, as the fruit remains the most popular of its kind in Italy and Australia reached its second-highest production level this year.

Original content

However, the cold weather in South Africa has caused a drop in production this year, and the TR4 strain of Panama disease is still lurking. The Netherlands: Stable banana market, but what will the shortage of raw materials mean for next year? The banana market in the Netherlands is currently developing stable. According to an insider from the banana sector, there is not much going on. "The supply is at a normal level. Prices are very stable on the free market. Everyone is currently busy drawing up the balance for next year. There are many raw materials available to a limited extent, such as energy, gas, transport and pallets, and the entire fresh sector, including bananas, will feel the consequences of this. I therefore foresee that an increase in banana prices cannot be avoided for next year." Germany: Quiet summer with a slight plus A company from Northern Germany offers conventionally grown bananas from South America. According to the trader, the summer of 2021 was fairly quiet ...
Source: AGF
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