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Other Exotics quarter review: Q4 2023

Published on 1/02/2024 - Published by GERBAUD Pierre
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The ethnic products market remained fairly stable throughout Q4 2023. However there were some variations between the products’ trajectories. Hence ginger and peppers saw upward price phases at the end of the year, while plantain bananas and sweet potatoes conversely saw their rates decline.

Informations

Product(s) : Chayote , Christophine , Chili , Plantain
Rubrique / Thématique : Review and Forecasts
Country : French west indies , Colombia , Costa rica , Spain , France , Morocco
Keywords : Export , Import , Price , Production

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Chilli pepper

In the absence of competing origins, European producer countries supplied the market with chilli peppers during Q4 2023, with mainly Spanish but also French produce. The supply was topped up by some batches from Morocco. The lean French production, as a result of the particular weather conditions, enabled high prices to be charged. They saw a distinct rise from mid-November, due to livelier demand and a quantitative shortfall. This shift also benefitted the available produce from other origins, at slightly lower price levels.

Plantain banana

There was a dip in plantain banana prices from the second half of November. Rates stabilised thereafter until the end of the year at around €1.30/kg. This downturn in Colombian fruit rates was caused by a surge in shipments, in a context of quiet demand. The maturity of the fruit entailed quick sales for the ends of batches, leading to price concessions to avoid prolonged storage. The French West Indies were absent from this market, with planting hit hard by the early summer storms.

Chayote and christophine

As for chilli peppers, French production, which usually covers demand at this time of year, was heavily disrupted by the weather conditions. The distinctly smaller quantities than during the previous campaigns sold at high prices throughout Q4 2023. The trading campaign wound down in the second half of December. Costa Rican chayotes sold at lower prices, though with stable and steady levels. This origin’s christophines, after being absent practically throughout the period in question, did not reappear until December, taking over from French produce when its campaign came to an end.