Banana Market Review and Banana Statistics 2012 …

1 BANANAMARKET REVIEWandBANANASTATISTICS2012-2013 Intergovernmental Group on Bananas and Tropical FruitsBanana Market ReviewandBanana Statistics 2012 -2013 Market and Policy Analyses of Raw Materials, Horticulture and Tropical (RAMHOT) Products TeamFOOD AND AGRICULTURE ORGANIZATION OF THE UNITED NATIONSRome, 2014 The designations employed and the presentation of material in this information product do not imply the expression of any opinion whatsoever on the part of the Food and Agriculture Organization of the United Nations (FAO)

2 Concerning the legal or development status of any country, territory, city or area or of its authorities, or concerning the delimitation of its frontiers or boundaries. The mention of specific companies or products of manufacturers, whether or not these have been patented, does not imply that these have been endorsed or recommended by FAO in preference to others of a similar nature that are not views expressed in this information product are those of the author(s) and do not necessarily reflect the views or policies of encourages the use, reproduction and dissemination of material in this information product.

3 Except where otherwise indicated, material may be copied, downloaded and printed for private study, research and teaching purposes, or for use in non-commercial products or services, provided that appropriate acknowledgement of FAO as the source and copyright holder is given and that FAO s endorsement of users views, products or services is not implied in any requests for translation and adaptation rights, and for resale and other commercial use rights should be made via or addressed to information products are available on the FAO website ( ) and can be purchased through FAO 2014 Cover photographs: FAO/Simon Maina FAO/Antonello ProtoiiiContentsFOREWORD ivBANANA Market Review 2012 -2013 1 - 101.

4 Developments in Banana trade Exports Imports2. Banana prices Import prices Wholesale and retail prices3. Policy developments4. Current situation and short-term outlookSTATISTICAL TABLES 11 - 33 Table 1 - World gross exports by countryTable 2 - World net imports by countryTable 3 - EC: Total supply of bananas and per capita supplyTable 4 - Per capita net imports by countryTable 5 - Exports by countries of destinationTable 6 - Gross Imports by countries of originTable 7 - Import prices in selected countries, monthlyTable 8 - Wholesalers selling prices in selected countries, monthlyTable 9 - Retail prices in selected countries.

5 MonthlyivforewordThis report is issued on an annual basis to Members and Observers of the Sub-Group on Bananas of the Intergovernmental Group on Bananas and Tropical Fruits. It is prepared by the Market and Policy Analyses of Raw Materials, Horticulture and Tropical (RAMHOT) Products Team, Trade and Market Division, FAO, Rome, and the tables contained bring together the information available to FAO, supplemented by data obtained from other sources in particular with regard to preliminary estimates.

6 The Market and Policy Analyses of Raw Materials, Horticulture and Tropical (RAMHOT) Products Team provides economic data and analyses on major agricultural raw materials and horticultural and tropical products. Commodities covered under the Team include, bananas and tropical fruits, citrus fruits, cotton, hides and skins, jute, kenaf and allied fibres, sugar, and tea. The Team also undertakes Market reviews, outlook appraisals and projections, and provides assistance to developing countries in designing and implementing national policies for those agricultural commodities which enter into international report is available at the following FAO website: Market Review 2012 -20131.

7 Developments in Banana tradeExportsIn 20121 the volume of global gross Banana exports reached a record high of million tonnes, million tonnes (or percent) above 2011 level. The increase is primarily explained by the growth of exports from Latin America and the Caribbean from to 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 percent, relative to 2011.

8 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 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 percent relative to 2011, Central America and Mexico expanded their combined export volumes by percent, possibly in anticipation of trade preferences for Central American bananas in the European Market as part of the Association Agreement.

9 As a result, the average share of South America in global Banana exports has declined from percent in 2007-2011 to percent in 2012 , while the share of Central America and Mexico increased from percent to Rica s export quantity reached 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 percent, from in 2011 to million tonnes, mainly due to the spread of Moko disease.

10 Guatemala s exports have also surpassed those of Colombia, standing at million tonnes in 2012 - an increase of 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 percent above shipments made in 2011, most of which were fair trade and organic bananas grown by smallholder the Caribbean, exports continued to be dominated by the Dominican Republic, which, apart from Belize.