In the weeks ending December 1, 2024 (week 48), and December 8, 2024 (week 49), banana prices showed subtle changes across Germany (DE), Latvia (LV), Croatia (HR), and Poland (PL), reflecting regional market adjustments. In Germany (DE), the price of bananas experienced a slight decrease from €134 in week 48 to €133 in week 49. This marginal drop suggests a possible easing in demand or increased supply availability in the German market, as is often observed during this time of year when logistical efficiencies stabilize pricing.
Latvia (LV) saw a more noticeable change, with prices decreasing from €83 in week 48 to €79 in week 49. This reduction could be attributed to a localized decrease in demand or improved supply chain conditions, potentially influenced by the regional distribution network. The change reflects Latvia's susceptibility to shifts in import costs or supply fluctuations within the Baltic region.
In Croatia (HR), banana prices exhibited a moderate decline, falling from €94 in week 48 to €91 in week 49. The reduction might indicate adjustments in market demand or increased competition among suppliers within the Croatian market. This trend is consistent with the seasonal behavior of the market as it moves closer to the holiday period when pricing dynamics are influenced by shifting consumer habits.
Poland (PL) displayed a contrasting trend, with prices rising from €101 in week 48 to €113 in week 49. This significant increase suggests a surge in demand or constraints in supply, possibly due to seasonal purchasing patterns or logistical challenges. Poland's price hike highlights the variability of banana markets across Europe, where supply and demand dynamics differ based on regional consumption patterns and infrastructure capabilities. These changes collectively illustrate the nuanced pricing trends in the European banana market during the early weeks of December 2024.
For more information:
European Commission
Tel: +32 2 299 96 96
www.agriculture.ec.europa.eu