Banana supply to the EU-28 and the USA

  • Published on 30/06/2018 - Published by Cirad
  • FruiTrop n°257 , Page From 3 to 3
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January to April 2018

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Inflated volumes in April in Europe. April 2018 was a highly impressive month when the supply reached 591 000 tonnes, an absolute record for April, and practically 7 % more than one year previously. Over the first four months of 2018, the supply climbed to 2 259 000 tonnes, i.e. a gain of 1.8 %. Over twelve months (May 2017 to April 2018), there was a more distinct gain with + 3.6 % on the previous twelve months: 6 414 000 tonnes, i.e. + 222 000 tonnes. In April, as was the case for the previous months, the dollar sources proved a big hit, with 11 % growth on April 2017! Ecuador is as usual at the head of the ranking. After a marked dip in Q1, Colombia bounced back with great vigour in April (+ 11 %). In April Costa Rica also confirmed its very fine performance going back to February. The ACP origins continued to lose ground, both in Africa (- 5.1 % due to Cameroon) or elsewhere (- 5.6 %). European production was split into two: the French West Indies gradually came back onto the market after Cyclone Maria, while the Canaries supply registered a record for the first four months, with April marking the end of this growth cycle.

Ongoing positive trend in terms of volumes in the USA. As with the EU, there was a very heavy supply in April 2018: + 11.6 % on April 2017. The performance was closer to average from the beginning of the year (+ 0.9 %) due to Q1 being very light in terms of volumes (especially March). Over twelve months, the US market went up by 5 % to 4 247 000 tonnes (+ 200 000 tonnes). As elsewhere, it was Ecuador which set the upward trend (+ 29 % over four months), while the positions of Guatemala and Costa Rica declined; while Honduras collapsed by 20 %. Mexico had a strong rise (+ 7 %), clearly favouring shipments to the United States over the EU.

banana - EU and USA - supply
banana - EU and USA - supply

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