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EU banana supply: June 2020
- Published on 3/09/2020 - Published by Market News Service / FruiTrop
- Free
A strong restart in June 2020
Informations
- Product(s) : Banana
- Rubrique / Thématique : Review and Forecasts
- Country : Colombia , Costa rica , Ecuador , Europe
- Keywords : Import
After a break in May (- 7 %), the European market supply took an upturn in June 2020, with a highly vigorous growth rate of 8 % year-on-year. Over the first half of 2020, growth in volumes was 4.5 %, and 2.4 % (+ 158 000 tonnes) on a twelve-month sliding scale (July 2019 to June 2020), setting a record figure of 6 614 000 tonnes. In June 2020, it was the dollar origins (Ecuador, Colombia and Costa Rica) driving the market, with a rise of nearly 16 %. European production too was dynamic, leaping up by 10 %. Conversely, the ACP supply, from both the Caribbean and Africa, dropped by 5 %.
Note: as of February 2020, due to the Brexit process, UK Customs data for recent months are provisional.
banana - EU - january to june 2020 supply
