Announcements

Job Offers

Specials more

Top 5 -yesterday

Top 5 -last week

Top 5 -last month

Strategy for expansion of plantain cultivation in the southeast of Mexico

Mexico is privileged to have suitable climates for banana production, which makes the nation competitive with exporting countries such as India, China, Indonesia, Brazil.

Mexico also has a positive trade balance. During 2017, the country exported 577,976 tons of plantain and only imported 126 tons.

Six percent of the plantains that the US imports come from Mexico, which is the fifth biggest supplier of this product for the US market, after Guatemala, Ecuador, Costa Rica and Honduras.

The exporting companies initiated an expansion strategy in the southeast to ensure their supply through production contracts of up to 10 years, which ensures a commercial and lasting relationship. Thus it is necessary to increase the production of quality fruit for export and improving plantations so that they can meet the consumers' requirements and demands.

The states of Chiapas and Tabasco are the main producers, with a 58% share of the total, and every year they record growth in the crop's commercial value and increase in its establishment.

According to data from Tabasco's 2018 Agricultural Food Infographic, plantain cultivation accounts for 34.6% of the state's agricultural activity value. Teapa is the main producing municipality, with almost 76% of the state production, followed by the municipalities of Tacotalpa and Cunduacan, which accounted for 6.81% and 6.66% of the state's production in the year 2017, respectively.

Plantain cultivation gained importance in Tabasco. This crop represents a business opportunity, since the demand for plantain in the main import markets (US and the European Union) is growing. In 2017 these markets grew by 3% and 2% over the previous year. Demand in the United States is supported by a 1% estimated increase in population of in 2017, along with a high increase in revenues and a higher concern for health, with a growing trend towards premium plantains.

Source: eleconomista.com.mx 


Publication date:


Print   

Receive the daily newsletter in your email for free | Click here


Other news in this sector:


© FreshPlaza.com 2019

Sign up for our daily Newsletter and stay up to date with all the latest news!

Subscribe I am already a subscriber