Banana: review of the EU supply in 2020

  • Published on 31/05/2021 - Published by LOEILLET Denis
  • FruiTrop n°275 , Page From 68 to 77
  • Free

Completely dollar dependent

Banana consumption in the EU27+UK has hit new heights. After a hiatus in 2019, European banana consumption took an upturn to reach 6.7 million tonnes, up by 3 %. Consumption per capita climbed in the same proportions, hoisting itself up to 13 kg (+ 300 g). 2020 confirmed the ongoing dollarization of the supply, with a record market share of 75.5 %. For their part, EC production and European imports from the ACP origins were down in worrying proportions. But what is even more worrying is the combination of all these events with a fall in prices, particularly at the import stage, since dollarization is for many synonymous with impoverishment of the market.

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