The Dominican Republic continues to consolidate its position in the international market with key products such as bananas, avocados, pineapples, and mangoes; however, despite having a stable year-round production, challenges remain, especially as regards production costs, logistics, and price volatility.
"One of the biggest challenges has been the price reductions in European supermarkets, where bananas have fallen by 47%; a situation that is affecting Latin American exporters in general. Caroline García, general manager of Caribio Export Fresh Fruits, says that "this was not sustainable for any producing country, and it led to agreements between banana clusters in countries such as Colombia, Ecuador, Costa Rica, and the Dominican Republic, aiming to set fairer prices."
Despite this, the demand has recovered in 2024, especially after a difficult period due to the impact of hurricanes and quality problems. Dominican banana prices range between US$ 12.50 (conventional), US$ 13.50 (organic), and up to US$ 15 (Fairtrade) per 18 kg box. García expects growth to continue in 2025. "Europe is our main market, with 70% of exports, and we aim to reach the Middle East in 2025, as that's a very attractive market."
The company delivers stable weekly volumes: six containers of banana, one of avocado (Semil 34 variety), two of pineapple, and three of mango, with outstanding varieties such as the Kent, Mingolo, and green mango. "We have production all year round, which allows us to meet our clients' needs," says García.
Unlike other countries, the Dominican Republic has not faced any problems related to moko in banana production. "We are constantly caring for our production and so far we haven't had that problem here," says the manager.
Regarding challenges, labor is a key issue, particularly in the banana harvest. The shortage of skilled workers and the need for regularization are difficulties they have to face. "We have some permanent staff, but it's always difficult to retain temporary employees," she says.
Another determining factor is logistical costs. While there are challenges in securing container space due to large companies being prioritized, Caribio has managed to arrange things with shipping companies to secure the necessary resources weeks in advance. Moreover, thanks to its stable contracts, the company has not experienced significant increases in freight rates.
"Key market trends include the growing demand for organic products and the adoption of sustainable packaging. There is also a focus on innovation in product presentation, a key factor observed at international trade fairs. Everything is more sustainable, and the organic sector continues to record significant growth," says Garcia.
The company has plans to expand its banana production and acquire new avocado plantations, in addition to improving its facilities. "Taking part in international fairs, such as Fruit Logistica in Berlin (stand B61, hall 25), is part of our strategy to consolidate ourselves as a leader in terms of quality, responsibility, and consistency in the global market."
For more information:
Caroline García
Caribio Export Fresh Fruits
Tel.: +1 849 207 3774
[email protected]
www.caribio.com.do