Banana and Pineapple: Unsatisfactory Forecasts for 2019

Climatic and market conditions would be the reasons behind the drop in foreign sales expected for this year by exporters of bananas and pineapples in Costa Rica.

Wednesday, April 10, 2019

The drought in the Caribbean region, together with the attack of a bacterium on the plantations, will cause a year-on-year drop of at least 15% in banana production in 2019, according to business leaders.

Jorge Sauma, general manager of the National Banana Corporation (Corbana), explained to Nacion.com that "... that weather conditions and an attack of flake bacteria will cause a reduction of between 15% and 20% in production and export earnings.

See "Banana: Exports up to September 2018" and "Pineapple: Exports Keep Rising

In 2018, foreign sales of bananas totaled $1.020 million and pineapple $985 million, and projections for 2019 are that exports will total $875 million and $885 million, respectively.

Abel Chaves, president of the National Chamber of Pineapple Producers and Exporters (Canapep), said that "... the expectation is to close this year with a decrease of 18 million boxes of 12 kilos each, compared to 2018. Last year pineapple exporters managed to place 180 million packages of that weight. This expected reduction is because of the climatic impact, while the sector is also being hit by the fall in international prices."

You may be interested in "Crops: Main Figures in Central America"

According to the Piñeros guild, the prices in the United States have fallen between 15% and 20%, while in Europe there is a very similar situation.

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More on this topic

Pineapple Production and its Challenges

July 2019

At the beginning of 2019 there were 44,500 hectares dedicated to fruit cultivation in Costa Rica, however, because of high production costs and a drop in international prices, by 2021 the cultivated area could fall to 38,000 hectares.

Directors of the National Chamber of Pineapple Producers and Exporters (Canapep) explained that the fall in the price of pineapple internationally is because of increased competition, since countries such as Colombia, Ecuador and Panama, have managed to gain market share in the U.S. and Europe.

Banana: Costa Rican Exports Fall 9%

July 2018

Due to the effect of climatic phenomena at the beginning of the year, in the first five months of 2018, banana sales abroad amounted to $410 million, 9% less than was reported in the same period in 2017.

According to data from the Foreign Trade Promotion Office (Procomer), a comparison between the period between January and May 2017 and the same in 2018 shows that the value of banana sales abroad fell by 9%, going from $448 million to $410 million.

Pineapples, Pineapples, and More Pineapples

September 2012

There is still an insatiable demand for growing pineapples, which has meant that Costa Rica’s export volume has been multiplied by 4 in the last 10 years.

An article in Elfinancierocr.com quotes Abel Chaves, president of the National Chamber of Pineapple Producers and Exporters (Canapep) who says: "If the market is demanding more pineapples, then we will plant more pineapples".

Rain Causes Losses of $2.5 million for Pineapple Industry

October 2011

In Costa Rica, October’s excessive rain has caused losses of $2.5 million in the sector.

Abel Chaves, president of the Chamber of Pineapple Producers and Exporters (Canapep in Spanish) explained that the losses include damage to plantations, delays in the preparation of crop areas, damage to farm infrastructure (bridges, canals and roads) and increases in transportation costs to ports of embarkation.

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