The price of bananas to the producer in Peru has been satisfactory in the last ten years

Published 2024년 5월 27일

Tridge summary

The APPBOSA Agrarian Cooperative, founded in 2003 with 96 members in the Peruvian province of Sullana, has grown to 556 members who own approximately 700 hectares of banana cultivation. The cooperative, which achieved fair trade certification in 2004, offers members stability and a stable price throughout the year with an additional dollar per box guaranteed by trade certification. However, the profitability of bananas has decreased in recent years due to increased costs and the impact of the coronavirus pandemic and the war in Europe, leading the cooperative to consider diversifying its business with other crops. The cooperative's destination markets are the United States, Canada, South Korea, and Western European countries.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

(Agraria.pe) When at the beginning of this century many small banana producers in the Peruvian province of Sullana, sometimes with plantations whose surface area did not exceed one hectare, struggled to receive in hand the total amount agreed upon from the sales of their productions, It was clear that there was a lack of integration and organization to be able to exert force in the markets. In this context, the APPBOSA Agrarian Cooperative was born in 2003, at that time with 96 members, which also achieved fair trade certification the following year, with which the prospects for decent remuneration for work improved. "Today we are 556 members, who together own approximately 700 hectares of banana cultivation. The limit established to be part of the cooperative is 5 hectares of property, but many of the members only have half a hectare or even less" says Valentín Ruiz Delgado, president of APPBOSA. Stability for the small farmerThe cooperative, which only processes organic bananas, ...
Source: Agraria

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.