The European Union increases its banana consumption

Published 2023년 9월 24일

Tridge summary

According to data from the Banana Marketing and Export Association, the banana industry has seen a recovery with an increase in shipments. The European Union has been the main driver of this growth, with a 22.41% increase in banana supply compared to the same period last year. However, there have been reductions in exports to the Middle East, Eastern Europe, EFTA, and Canada.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The banana industry continues on its recovery path with greater shipments. From January to August 2023, according to data from the Banana Marketing and Export Association (Acorbanec), exported boxes totaled 247,960,827 boxes, which meant 7.17% more. The main boost to these sales came from orders from the European Union, our main partner and the market that has had the most demands for fruit this year. According to statistics, the supply to that continent was 74,126,479 boxes, 22.41% more than the same period last year. In second place is Russia (51,370,504), with a growth of 5.6%. The United States, the fourth market, after the Middle East, grew by 4.99%. READ ALSO (Ecuador cancels the use of the F code to avoid fraudulent banana exports) However, reductions are also evident in the Middle East with -8.38%; Eastern Europe with -46.94%, mainly due to the drastic reduction in exports to Ukraine due to the ...
Source: Expreso

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.