Peru's banana exports grew 10.5% in volume and 13.9% in value in October this year

(Agraria.pe) In October 2024, Peru's banana exports totaled 13,489 tons for US$ 11.7 million, which represented an increase of 10.5% in volume and +13.9% in value compared to the same month of the previous year. This increase was not only due to increases in volume, but also to the average price, which registered an increase of 3.1%, standing at US$ 0.86 per kilogram. This better outlook for national production corresponds to the fact that Ecuador - the largest banana exporter during the year - has had a poor performance due to the reduced supply due to weather conditions that affected the normal development of plantations. In addition, international conflicts delayed or interrupted supplies to the Middle East and Russia. Another factor was that Peruvian bananas managed to gain ground because another important supplier, the Dominican Republic, faced quality problems in supplying European markets. The main presentations of Peruvian banana exported in October were: fresh banana ...