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Giving a Cap About Bananas

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Submitted By Denriquez
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Banana market review 2012-2013
1. Developments in banana trade
Exports
In 20121 the volume of global gross banana exports reached a record high of 16.5 million tonnes, 1.1 million tonnes (or 7.3 percent) above 2011 level. The increase is primarily explained by the growth of exports from Latin America and the Caribbean from 12.5 to 13.0 million tonnes, despite the poor performance of Ecuador. In
Ecuador, the largest banana exporter in the world, banana exports shrank as flooding damaged the crop, reducing the output by 416 000 tonnes, or 5.6 percent, relative to 2011. The resulting 410 000 tonnes decline in shipments from Ecuador was more than offset by vigorous exports from other countries, in particular those in Central
America.
Data for 2012 show a remarkable shift from exports originating in South America towards greater exports from Central America and Mexico. While exports from
South America declined by 6.4 percent relative to 2011, Central America and Mexico expanded their combined export volumes by 22.1 percent, possibly in anticipation of trade preferences for Central American bananas in the European market as part of the Association Agreement. As a result, the average share of South America in global banana exports has declined from 50.2 percent in 2007-2011 to 43.6 percent in 2012, while the share of Central America and Mexico increased from 29.4 percent to 33.4 percent. Costa Rica’s export quantity reached 2.1 million tonnes in 2012, 126 000 tonnes higher than in 2011, overtaking Colombia as the second most important exporter in Latin America. In 2012 banana exports from Colombia dropped by 4.2 percent, from 1.91 in 2011 to 1.83 million tonnes, mainly due to the spread of Moko disease.
Guatemala’s exports have also surpassed those of Colombia, standing at 1.9 million tonnes in 2012 - an increase of 23.2 percent (362 000 tonnes) compared to 2011.
In Honduras, export volumes marked an astonishing 75 percent growth between
2011 and 2012, reaching a record 901 000 tonnes in 2012 or double the 2003 exports.
Mexico also registered an important increase in shipments, from 178 000 tonnes in
2011 to 308 000 tonnes in 2012. Peru is another dynamic exporter, which had almost no exports prior to 2000 and reached 124 000 tonnes in 2012, or 13.8 percent above shipments made in 2011, most of which were fair trade and organic bananas grown by smallholder associations.
In the Caribbean, exports continued to be dominated by the Dominican Republic, which, apart from Belize, is the only country among the Caribbean ACP countries
1 Provisional data received from the countries and complemented with UN Comtrade data.

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