Ecuadorian banana exports present changes in destinations and regional trends – 2024-04-15 10:23:06

by times news cr

2024-04-15 10:23:06

The latest AEBE report, having sources such as: DATACOMEX and the Banana Statistical Observatory, reveals significant fluctuations in Ecuadorian banana exports, highlighting changes in regional destinations and behaviors.

According to the report, Ecuadorian banana exports during the month of February 2024 have generated intense analysis due to substantial changes in destinations and regional trends. With an accumulated figure of 66.56 million boxes of bananas exported, a variation with respect to the previous year is evident, marking a decrease of 2.76%.

The European Union (EU) retains its position as the main export destination, absorbing 29.58% of total Ecuadorian banana exports in 2024. However, a decrease of 6.88% is observed compared to the year previous, representing a shipment of 19.69 million boxes, compared to the 21.14 million registered in 2023.

For its part, Russia is positioned as the second most important destination, with a share of 19.41%. Although exports to this country decreased by 21.82% in 2024, representing 12.92 million boxes, compared to the 16.53 million shipped in 2023.

Regional analysis reveals that Russia, the United Kingdom and the Southern Cone region have experienced the largest reductions in Ecuadorian banana imports. Russia recorded a decrease of 3.61 million boxes, while the Southern Cone and the United Kingdom reported decreases of 14.29% and 10.39%, respectively.

In contrast, Africa emerged as a growing region, increasing its purchases of Ecuadorian bananas by 2.23 million boxes in 2024, reaching a total of 4.75 million boxes. Likewise, Oceania also demonstrated an increase in imports, purchasing an additional 0.15 million boxes compared to the previous year.

These changes in destinations and regional trends reflect the dynamic nature of the Ecuadorian banana export market and highlight the importance of adapting to changing consumer demands and global market conditions.

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