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Ecuador sees 6.4% increase in banana exports in July 2023

Ecuador has seen a 6.4% increase in banana exports for July 2023 with 220.85 million boxes of cumulative exports compared to the same period in July 2022 with 207.56 million boxes exported.

The top three export markets are the European Union with 30.20%, Russia with 21.78%, and the Middle East with 14.11%. These three regions received a total of 145.97 million boxes of bananas.

Markets that had an accumulated negative variations are Eastern Europe, with 40% less, Europe EFTA with 16.43% less and the Middle East with 4.88% less. Shipments to these three regions decreased by a total of 3.83 million boxes in July 2023 compared to 2022.

The January-July 2023 statistical report on exports and ranking of the banana sector, was sent by the Association of Banana Exporters of Ecuador, prepared by the Banana Statistical Observatory.

The top three ports in Ecuador were Guayaquil from where 143.20 million boxes (64.84% participation) were sent, Puerto Bolívar with 50.56 million boxes (22.89% participation) sent and Posorja with 27.09 million boxes (12.27% share) sent.

The top three banana brands in this period were Dole with 23.36 million boxes (10.58% participation), Global Village with 11.87 million boxes (5.38% participation) and Pretty with 9.74 million boxes (4.41% participation) exported.

The average number of sheaths in July 2023, which corresponds to weeks 27 to 30, in the province of Los Ríos was 39.29 sheaths. Meanwhile, in the province of Guayas it was 38.73 sheaths per week. Finally, the weekly production average in El Oro was 28.15 sheaths.

Regarding the summary of the Banana Weekly Market Sense for the month of July, it is highlighted that, at the level of sales in dollars, the barometer presented a growing trend in the global consensus of value chain experts, going from 40.00 in the week 27 to 66.67 reported in week 30. Indicating that sales in dollars grew in the sector.

Regarding the level of sales by volume, the barometer showed an increasing trend in the global consensus of value chain experts, going from 56.50 in week 27 to 63.33 reported in week 30. Indicating that the volume sales grew in the sector.

Jose Antonio Hidalgo,
AEBE
Tel: +593 96 402 9141
Email: [email protected]
www.aebe.com.ec

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