Costa Rica: Good Times to Come for the Banana Industry
The banana industry expects to end the year with a total of 103 million boxes exported, tying production levels with those of 2008.
Monday, September 20, 2010
In the Caribbean region, where almost all of the production area is found (42,595 hectares), weather has been favorable, contributing to the upturn in production.
Although not yet reaching the numbers of 2008, exports in 2010 will exceed 20% of those in 2009 and are expected to continue to improve in 2011.
The Fourth International Banana Conference is a platform for discussing the challenges of commercializing and modernizing production of the "golden fruit" in Costa Rica.
Costa Rican banana growers estimate that this harvest will yield 107 million 18-kg boxes.
More global competition and less demand from Europe partly explain the stagnation of exports in the last three years.
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