Wholesale prices of bananas in the Middle East
What you will read ...How much banana per year is consumed in the Middle East?Banana-producing countries in the Middle EastInternational banana tradeWholesale prices of bananasBuy bananas in the Middle East
Bananas are the most popular tropical fruit in the world, and are also the most heavily traded fruit on the international fruit markets. They are also imported to the Middle East every year and the Wholesale prices of bananas in the Middle East depends on the exporting country and the distance.
Bananas require warm tropical climates in order to fully grow, and be able to be harvested on large scales. These climates are really rare among Middle Eastern countries and as a result, most of them have to supply their banana markets from large producing countries. The total Wholesale prices of bananas of each exporting country is different.
How much banana per year is consumed in the Middle East?
The Middle East one of the most heavily populated places in the world, and as a result, accounts for a large part of the global banana consumption. Most of the bananas exported from India goes to the Middle East and the Gulf region countries. Iran is also one of the biggest banana importers of the world with the annual amount of 700000 tons of fresh bananas.
Another big supplier of the Middle Eastern banana markets is Indonesia, which is one of the largest producers in the East Asia. The most common and popular type of banana in the Middle East region is the Cavendish. The wholesale prices of bananas is also different in each of these importing countries.
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Banana-producing countries in the Middle East
The countries in the Middle East region do not have a lot of tropical regions in which they can harvest bananas. This region is also one of the main targets of the banana exporting countries of the world. According to stats presented by FAO, the amount of imports in these regions have increased 16% in the past year.
The wholesale prices of bananas have also been affordable during these times. Iran produces around 115000 tons of bananas in the southern states of Sistan. The production of bananas requires a lot of water, which has always been a problem in the Middle Eastern countries.
International banana trade
Bananas are the most commonly traded fruits in the world and the competition in the market is constantly getting tougher. Ecuador has been dominating the international exports markets for a long time now. There are also a lot of new banana plantations in Africa. Africa still has a lot of potential for banana production and with the right management, could have a bigger share of the market in the future. The wholesale prices of bananas from each of these countries is also different. Also, the demands for bananas in the European countries is increasing every year.
Wholesale prices of bananas
The wholesale prices of bananas on the international markets could change based on many different factors. Every year, there are more and more countries producing bananas. These new producers are trying to present the markets with the highest quality products and the lowest prices, which makes it very competitive.
Also there are a lot of different types of bananas with different qualities and prices. The Cavendish bananas, are so far the most popular bananas in the world and account for most of the production. These constant changes in the prices, could be a real threat to small plantations.
Buy bananas in the Middle East
With the amount of imports in these regions, buying bananas has never been easier. As one of the biggest targets of the banana market in the world, a lot of big and small international companies are exporting bananas to these regions. India is one of the biggest banana suppliers in the region and the short distance between India and the region, have made these exports easier. Also the high quality and the amount of the productions in India are also great reasons for these exports.
Because of the short distance, the wholesale prices of bananas in the Middle East is also lower when imported from India. There are also some south American countries like Costa Rica and Ecuador which also target the Middle Eastern banana markets. The prices of bananas exported by these countries is a little higher because of the longer trip.