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Last year, Colombia saw banana exports rise and revenue fall

Colombia’s banana exports rose 1.83% in 2021 to 111 million 20-kilogram boxes, but their value fell 1.98% to $898 million due to lower international prices. The Andean country exported 109 million 20-kg boxes in 2020, worth a value of $916.2 million, according to the country’s association of banana growers.

The value of the exported crop did not rise because suppliers did not pay reasonable prices, Aguirre said, adding that the association had stressed the importance of shared burdens across the entire supply chain.

In 2021 the free on-board (FOB) price of Colombian bananas averaged $8 per 20-kg box, down from $8.15 per box in 2020, the association added.

In 2019, Colombia detected fungus fusarium tropical type 4, which causes the so-called Panama disease, or wilt, that attacks the roots of the Cavendish banana variety in the northern La Guajira province, where 190 hectares (470 acres) of the fruit were eradicated. Colombia is the world’s fifth-largest exporter of the yellow fruit after Ecuador, the Philippines, Guatemala and Costa Rica. At the end of 2021, the country had 52,270 hectares planted with bananas, 816 more than the previous year.

Source: reuters.com


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