New absolute record for banana consumption in the EU-28.

  • Published on 6/11/2015 - Published by Market News Service / FruiTrop
  • FruiTrop n°236 , Page From 3 to 3
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Over twelve month (September 2014 to August 2015), the 28 Member States absorbed 5 741 000 t of bananas! With just one exception (January 2015), monthly consumption over the past twelve months beat a historic record. For example the latest figure known at the time of publication of FruiTrop is the 423 000 t gobbled up in August 2015, as opposed to 380 000 t on average for the past six years. The absolute monthly consumption record was set in April, with 547 000 t, i.e. 65 000 t above average. While European production is holding up in terms of market share — thanks to Martinique, which is back to its pre-climate damage levels — the ACPs are slipping (- 1.2 %, to a market share of 18.6 %), while the dollar zone is building on its hegemony, climbing to a market share of above 70 %, to 70.7 % to be exact. Colombia, Costa Rica, Guatemala and to a lesser degree Peru enjoyed an exceptional 2015. Ecuador was down, even though it topped the exports sector. It favoured trading with the United States, unlike Costa Rica which was in distress on this market. If they can be trusted, the US Customs figures indicate a fall by Costa Rica of 25 % over the first eight months of the year, whereas in Europe it gained 5 %! As for the ACP, performances were mixed. Over eight months, Belize rose by 12 % (though in the midst of a drought), Cameroon achieved an excellent 7 % growth, and the Dominican Republic climbed by just 2 % on a market which, it should be remembered, grew by 3.4 %. Côte d’Ivoire continued to suffer the consequences of the floods of summer 2014, yet the gap has narrowed. Finally, Surinam plummeted by 17 %, apparently due to reorganisation and agronomic problems. In the United States, where the market went through an eight-month stagnation, Guatemala, Ecuador and Honduras continued to grow by 6 to 7 %, whereas Colombia and Costa Rica slipped well into the red.

Source: CIRAD

banana - EU and USA - supply
banana - EU and USA - supply

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