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Monday, 23 October 2017

Record banana imports for EU

The EU is set to import a record volume of bananas this year as consumption continues to rise across the continent. The 28 countries of the EU imported some 6.1 million tonnes of bananas in 2016, up from 5.9mt in 2015 and 5.4mt in 2014. That represents an average four per cent growth rate since 2012, and a 21 per cent increase since 2006. That trend is set to continue with five per cent growth in imports recorded for the first quarter of 2017 versus the same period the year before, according to figures presented at the International Banana Congress by Carolina Dawson of French research centre Cirad. The EU market is supplied by three key regions - the so-called ‘dollar’ zone of Latin American countries; the ACP (African, Caribbean and Pacific) countries; and the islands owned by European nations themselves, such as Martinique, Guadeloupe, the Canaries and so on. The dollar zone accounts for 72 per cent of banana supply to the EU (up 2.5 per cent last year), ACP is 19.9 per cent (up1.6 per cent), and the European territories 11.8 per cent, a figure which is stable.

Source: www.fruitnet.com