Page 116 - Ecuador's Banana Sector under Climate Change
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Table 24
Year
1965
1973 1976
1983
1993
1998
2010
Major causes of declines in export banana volumes for Ecuador since 1961
Causes
• International commodity price declined due to global overproduction • Introduction of Cavendish into Central America
• Disappearance of trading companies, such as United Fruit Company,
and decline in market share of others, such as Compañía Frutera Sudamericana, due to the commodity price collapse early in the year
• Reduction in production due to BS introduction into Ecuador • El Niño
• El Niño
• Import restrictions and quotas by European Union
• El Niño
• Low temperatures from La Niña
• Reduction in demand from primary markets – Russia and United States
ecuador’s banana sector under climate change: an economic and biophysical assessment to promote a sustainable and climate-compatible strategy
Source: Authors’ elaboration, based on information compiled from web sites of international trade organizations and national public and private institutions
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