Dole Ubesa News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Factors contributing to the growth of Ecuador’s banana sector The performance of Ecuador's banana sector has allowed the country to be the world's leading exporter of this fruit. In addition, the country achieved a 19% growth in exports between 2016 and 2020. What are the keys to the success and constant growth of this industry? In recent years, real average prices were above the prices decreed by the central government. This has led to an increase in new plantings and to the renewal or maintenance of existing and registered hectares. During 2020 the spot prices were below 4 dollars. Howeve...

Six reasons why the Ecuadorian banana sector is growing The factors that have contributed to this performance are in particular the new plantings of the fruit, which brought about 8,000 hectares into production last year, and the increased demand for Ecuadorian fruit in the  European Union, Eastern Europe and the Middle East . However, there are other aspects of the industry to consider, the large number of exporting companies, the legalization of new plantings, the infrastructure and the price above the official one. During the last years, the real average prices were above those decreed b...

Del Monte, Chiquita, and Dole offer to pay up to an additional $2 per box of bananas The drop in the available volumes of bananas, due to the strong impact of the hurricanes that hit Central America had on the sector's production, has forced the world's largest multinationals -Dole, Del Monte Fresh, and Chiquita- to increase the purchase price of the box of bananas. Today, the value of the spot box in Ecuador stands at 7.30 on average, but these three companies that sell their bananas all over the world have offered to pay about 2 dollars more for each box. “All of our operations in Hondura...