Absolute banana consumption record in the EU in 2016
- Published on 3/03/2017 - Published by Market News Service / FruiTrop
- Free
European and US customs data as well as CIRAD's data on European production give an estimate market supply for the whole of 2016.
Informations
- Product(s) : Banana
- Rubrique / Thématique : Direct from the markets
- Country : United States , Europe
- Keywords : Consumption , Import
EU-28
Absolute consumption record at 6 081 000 tonnes (excluding European productions marketed in the production areas). This is a 4.5% growth compared to 2015 (ie + 260 000 tonnes).
Dollar bananas are +3.6% up (compared to 2015); ACP Africa + 13.6%; The other ACP + 2.3% and finally European production + 4.1% (only volume shipped to continental Europe).
The market shares are as follow (provisional):
- Dollar 70.1%
- ACP 19.2%
- EU Production 10.7%
USA
The situation is quite different on the US market where the market is 1% smaller than 2015, (41 000 tonnes less imported). In 2016 consumption reached 4 038 000 tonnes. Colombia continues to reduce its shipments to the United States (6% market share), while Guatemala (37%) consolidates its volumes like Ecuador (19%) or Honduras (13%). Costa Rica made a strong comeback to 18% market share, up 4% compared to 2015.