Banana monthly review: October 2021
- Published on 22/11/2021 - Published by Market News Service / FruiTrop
- Free
Prices down slightly in October
Informations
- Product(s) : Banana
- Rubrique / Thématique : Review and Forecasts
- Country : French west indies , Cameroon , Colombia , Costa rica , Cote-d'ivoire , Ecuador
- Keywords : Export , Import , Price , Production
Although the overall supply remained near average, incoming shipments gradually progressed throughout the month. On the one hand, Colombia reached its peak in October, with slightly below-average volumes (- 4 %). On the other hand, shipments from the African origins, more particularly from Côte d’Ivoire, came to the fore, with slightly below-average levels (- 4%). Cameroon also registered slightly below-average performances (- 2%). Meanwhile, shipments from the French West Indies subsided slightly, though they were still 19 % above average. Regarding the dollar supply, Costa Rica embarked on its seasonal fall, with slightly below-average shipments. Only the Ecuadorian giant maintained stable shipments at slightly above-average levels. Regarding sales, the school holidays in Western Europe, combined with a new wave of Covid in the East, somewhat slowed down sales from the end of the month. Hence green banana prices dropped (-€0.16 on September), though they remained 3 % above average, and +12 % on 2020.