The banana prices Green prices could begin to decrease as of February, after it has had significant variations since mid-2022, with December being the time when consumers showed their most dissatisfaction with the cost.
This is how he estimates it Vice Ministry of Economic and Social Analysis of the Ministry of Economy, Planning and Development (Mepyd) in his most recent report “agricultural prices: analysis and follow-up”.
In December 2022, the average price of green banana In the markets it was located at 28.20 pesos per unit, presenting an increase of 50.90% when compared to December 2021.
The document details that supermarkets the average price was located at 23.80 pesos per unitequivalent to an increase of 51.4% compared to the same month of the previous year.
Comparing both time series, the report explains that it is possible to determine that the prices of the green banana in supermarkets they show greater stability, presenting more moderate variations.
It stands out that since July 2021 the price of green banana It is more expensive in markets than in supermarkets.
The Ministry of Economy specifies that the behavior of the prices of the green banana is explained by a seasonal factor, associated with the production cycle, and climatic factors that significantly affected the productive units of the country during 2022.
Production by demarcation
The most productive provinces They are:
- Azua
- Barahona
- bahoruco
- Independence
In all four, the plantain”.
While in the provinces
- The Vega
- Salcedo
- Duarte
- espaillat
- Santiago
The banana “male for female”.
The rest of the production is located in:
- Mao, Santiago Rodríguez and Montecristi, with a variety very similar to the southern region of the country
90% of production is carried out under the monoculture modality.
The Ministry of Economy highlights that the main limitations for the banana production are the scarcity and quality of planting material. It indicates that less than 1% of the producers use planting material with adequate purity and health.
By 2021, the country produced 23.7 million hundredweight of bananas.
Commercialization
The bananas The highest quality and largest are destined for the international market, the rest goes to domestic trade. The complex system of internal marketing of the item affects consumer prices.
The country exported 620,272.29 bananas dollars between January and november of 2022.
