Banana export prices recorded an upward trend for key Latin American suppliers in the most recent week, according to the reported averages. Costa Rica's average price per kilogram increased from £0.97 in the previous week to £0.99 in the current week. This marks a £0.02 rise, equivalent to a 2% increase, based on the data provided.
Panama showed a more significant change, with the average weekly price rising from £0.99 to £1.10 per kilogram. This represents an increase of £0.11, or 11%, making Panama one of the stronger performers in terms of week-on-week price movement. The price range for Panama was reported as static, with both the lower and upper limits at £1.10.
Nicaragua posted the largest increase among the three, with the average price climbing from £0.88 in the previous week to £1.04 in the current reporting period. This £0.15 rise reflects an 18% week-on-week increase. Like Panama, Nicaragua's reported price range was fixed, with both the lower and upper bounds set at £1.04.
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