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Peru: Banana exports up to October amount to more than $139 million dollars

The Agrodata Peru website stated in its latest report that, banana exports up to the month of October amounted to US $ 139,903,840; a higher figure than the US $ 124,459,522 achieved in the same period of last year. The main export destinations are the Netherlands, with 35%, the United States (29%), Germany (10%), South Korea (7%), and Belgium (5%).

The main exporters were the Appbosa Agrarian Cooperative, followed by the Association of Small Organic Producers of Querecotillo, Pronatur, Agronegocios Los Angeles, and the Valle del Chira Association of Small Producers of organic banana.

Exports will increase by 10%
This year, banana exports will recover and amount to more than US $160 million, i.e. 10% more than in the previous year, according to estimates made by the Chamber of Commerce of Lima (CCL).

In 2017, organic banana exports amounted to US $147.2 million, that is 2% less than in 2016.

The CCL estimates that shipments will exceed 230,093 tons, which is 14% higher than in 2017.

Today, the banana had an FOB price of US $ 12.40. Before it stood at US $12.90.

According to the Regional Directorate of Agriculture (DRA), the Chira Valley concentrates the largest banana for export cultivation area, followed by Alto Piura, San Lorenzo, Medio Piura, and Bajo Chira. There are 16,600 hectares of banana in the region, almost 10,000 hectares of which is organic (9,800 ha).

90% of the banana produced in Piura is of the Cavendish variety, which has a productivity of 1,200 boxes per year; the rest is of other varieties, such as the Balerin, and Catalan varieties, among others.

Source: eltiempo.pe


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