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    Home > Food News > Food Articles > Philippines' share of banana exports in Asia fell from 90 percent to 60 percent.

    Philippines' share of banana exports in Asia fell from 90 percent to 60 percent.

    • Last Update: 2022-09-30
    • Source: Internet
    • Author: User
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    Banana export
     
    The Food and Agriculture Organization of the United Nations (FAO) said Philippine banana exports fell 37 percent to 2.
    4 million tonnes from 3.
    8 million tonnes
    last year.
    In previous years, 90% of Asia's total banana exports came from the Philippines, the world's second-largest banana exporter
    after Ecuador.
     
    According to the FAO report, banana production in the Philippines continues to suffer from the "combined effects" of the COVID-19 pandemic and banana Panama disease, resulting in "serious" production difficulties
    .
    At the same time, the local production environment in the Philippines is also deteriorating due to hurricane damage and increased input costs for planting, which has a greater impact on small-scale banana producers
    .
     
    China and Japan have always been major exporters of Philippine bananas, but both China and Japan have drastically reduced orders
    from small-scale producers due to banana quality issues.
     
    In addition to local production issues in the Philippines, the Philippines' share of banana exports in Asia is also challenged
    by Vietnam, Cambodia and India.
    The export volume of the above three countries will achieve double-digit growth in 2021, and the export volume of no country is about 300,000-350,000 tons
    .
     
    China is the world's third-largest importer of bananas, with total banana imports increasing by 5.
    2% year-on-year to 1.
    9 million tonnes in 2021, accounting for 10%
    of the global total.
    The Philippines' share of China's banana market has shrunk to 45% from 50-75%
    in previous years.
    In 2021, China imported about 700,000 tons of bananas from Vietnam and Cambodia, an increase of nearly 200,000 tons
    over the previous year.
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