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Other exotics review: Q1 2022

Published on 13/04/2022 - Published by GERBAUD Pierre
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Product(s) : Chayote , Christophine , Chili , Plantain
Rubrique / Thématique : Review and Forecasts
Country : Colombia , Costa rica , Cuba , Spain , Honduras , Martinique , Mexico , Dominican republic
Keywords : Export , Import , Price , Production

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Chilli pepper

The trajectory of the chilli pepper market in Q1 2022 was similar to the previous quarter, but with bigger price amplitudes. Usually, the market supply at this time of year is clearly dominated by the Dominican Republic, but this was not the case this time. Due to regulatory problems, Dominican exports were suspended in the second half of January. The under-supplied market sought out new sources. Spain provided this supply, with substantial quantities, enabling prices to maintain around €6.00/kg until mid-February. As quantities dipped, prices embarked on a distinct upturn. Martinique and Honduras took advantage of this market opening to offer their peppers, with prices quickly exceeding €10.00/kg. Some batches from Cuba and Mexico topped up the supply at the end of the period. In late March, shipments grew bigger, causing rates to dip, especially since the Dominican Republic was returning to the market.

Plantain banana

There was a high market for Colombian plantain bananas in Q1 2022. The price of these products actually scaled the heights, with peaks of more than €1.50/kg, a level rarely reached for this fruit. It was in the middle of the quarter that prices were highest. This was due to the sea freight problems, with limited capacity available out of Colombia, and numerous shipping delays, both for sailing conditions and for disruption to unloading operations at European ports. The supply was topped up by air-freight merchandise from Martinique in January and February.

Chayote and christophine

In Q1 2022, chayotes and christophines were supplied primarily by Costa Rica. Their rates remained stable. More curiously, we can note extended trading of French production. The campaign, which began later this year, continued until late February. These were limited and unrepresentative quantities, compared to the quantities sold during the previous quarter. Some small-scale air-freight christophine shipments from Martinique, in January and February, sold steadily at between €2.50 and €2.80/kg.