The momentum in the banana trade is completely different than it has been in recent years, as one industry expert notes. "Supply of bananas is quite tight this year and prices are on the high side for this time of year. Also, energy prices are skyrocketing. The outlook in terms of volume is pretty much lagging behind demand.
In fact, the prices for bananas have increased in all stores, except for the discounters, but I expect that they will follow too. Sales are certainly not bad and are a lot higher than last year at this time of year. I assume that this market situation will continue for some time. There are only a few fruits available."
"The exchange rate has meanwhile become somewhat more favorable for imports into the euro countries. However, ship delays are the order of the day. A delay of three to six days is currently no exception. This makes it particularly difficult to let bananas ripen well in color. Ripeners have to pull out all the stops to supply stores properly."