date:Feb 24, 2020
75% of the production available comes from Latin America. The supply of the latter has increased by 27% between 2012 and 2018, from 5.1 million tons to 6.5 million tons. The average price in the EU fell by 15% between 2015 and 2018 (from 14.10 to 11.90 per box).
Since the signing of the Geneva agreement (2009) between the EU and some Latin American banana exporters, import tariffs for bananas have fallen from 176 per ton to 75 per ton. This now applies to Colombia, Peru and Ecuador. Mexico