The banana exporter Ecuador saw a decrease of 6.87% in exports during January 2023 compared to the same month last year ( 2023). Accumulated exports of banana boxes during January 2024 was 33.54 million boxes, compared to January 2023 with 36.02 million boxes.
The top export markets during this period was the European Union with 29.81%, Russia with 9.07% and the Middle East with 13.57% with a total of 20.95 million boxes shipped to these three regions.
Russia saw a decline of 25.13%, that is likely due to a sudden phytosanitary ban of a few Ecuadorian banana exporters as well as a changing economic situation in the country that is at war with its neighbour Ukraine. This followed after Ecuador's new President indicated they will replace old Russian military equipment with new ones from the US.
The United Kingdom saw a 20.76% decline and the US saw a 10.21% decrease. These three regions stopped receiving a total of 2.70 million boxes in January compared to 2023.
The average number of cases in January 2024, which corresponds to weeks one to five, in the province of Los Ríos was 44.20 cases. Meanwhile, in the province of Guayas it was 43.30 cases per week. Finally, the weekly average production in El Oro was 31.48 cases, while the national cases is 40.32.
For more information:
Jose Antonio Hidalgo
AEBE
Tel: +593 96 402 9141
Email: [email protected]
www.aebe.com.ec
Richard Salazar
Acorbanec
Tel. +593 42136348
Email: [email protected]
www.acorbanec.com