by David Ivanovic
Stay tuned as tomorrow I’ll publish the latest US import data for May 2009. EU data will be availalbe a few weeks later.
by David Ivanovic
Trade data from the Japanese Customs suggest that for 2008, the Japanese demand for fresh bananas amounted to 1,092,738 tons, and the CIF value for the same year was around US$ 850 millions.
The vast majority of bananas found in supermarket throughout Japan are coming from the Philippines (93% of total figures in 2008), while the remaining players counted for less than 75,000 t. Ecuador shipped 46,000 t., or only 4% of banana demand in Japan.
"If by this summer, the EU's negotiating charade continues, and no legally solid settlement has been reached with large, enforceable tariff cuts equal to those agreed in Geneva last July, Ecuador will have to take reprisals," the exporter group said in a statement. ... read more...
Japan's banana imports are rising sharply, despite an overall decline in fruit consumption, to become the nation's favorite fruit in terms of household spending.
Bananas are apparently gaining popularity among today's budget conscious consumers for their low price and nutritional content. Import volumes hit an all-time high of 1.09 million tons in 2008, a year-on-year increase of 12.6 percent, ... read more...A.E.B.E. - FruiTrop
June 26, 2009 - abc.rural.net
The final report of recommendations to the Senate regarding the importation of Cavendish bananas from the Philippines have been tabled in Federal Parliament. A Senate committee has recommended that a permit should not be granted until risk management measures and workplans are independently scrutinised. ... read more...
A recent judge's verdict that lawsuits against Dole by Nicaraguan workers were fraudulent could lead to a chain of events affecting US$2bn worth of rulings back to 2002 ... read more...
Reflecting the world economy, the global banana marketing situation is complex as it is described by Juan Alarcon, the chief executive officer of Turbana Corp. in Coral Gables, FL. When the view of banana markets is narrowed to North America, ... read more...
by David Ivanovic – June 16, 2009
Impressive Eurostat numbers, at least for your humble “data cruncher”, are showing no signs of slowing down in the European banana business. In 2008, 4.6 million tons have been imported by the EU15 countries; import volumes (from non-European origins) have grown by more than 36% between 2004 and 2008. The banana “oligarchy” (70% of total imports controlled by Colombia, Ecuador and Costa Rica) continues to maintain and increase its presence, and European demand shows no sign of wading.
As Colombian shipments arrived at a rate of 17% annually (!), volumes from West Africa (Cameroon and Cote d’Ivoire) have rebounded in 2008, surpassing for the first time the levels recorded five years ago.
by David Ivanovic
Banana shipments in 2008 were at a similar level as the previous year, however still higher than the volumes imported since 2001. Imports represented close to 4 million metric tonnes in 2008, and the CIF value amounted close to US$1.3 billion.
Guatemala, Costa Rica, Ecuador, Honduras and Colombia controlled together 97% of all banana imports.
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