Cavendish Banana
Notable Features
Cavendish bananas accounted for 47% of global banana production between 1998 and 2000, and the vast majority of bananas entering international trade.[1] The fruits of the Cavendish bananas are eaten raw, used in baking, fruit salads, and to complement foods. The outer skin is partially green when bananas are sold in food markets, and turns yellow when the fruit ripens. As it ripens the starch is converted to sugars turning the fruit sweet. When it reaches its final stage (stage 7), brown/black "sugar spots" develop. When overripe, the skin turns black and the flesh becomes mushy. Bananas key Production Factors ⦁ Pest and disease management ⦁ Optimum Post harvest practices ⦁ Favorable Climatic Condition ⦁ Zoning of production areas for pest and disease risk mitigations. Market Factors ⦁ Size of fruit (medium-Large) ⦁ Consistency of supply ⦁ Ability to respond to demand ⦁ Refrigerated transportation available. ⦁ Certified farmers. ⦁ Restoration of organizational framework for the supply chain to ensure certification standard and quality assurance. ⦁ Strengthening of the Banana and Plantain Unit. ⦁ Restoration and certification of the DNFA ⦁ Purchase and sale agreement with WINFRESH. Market Demand/Supply Factors Supply: There are a number of factors affecting supply including but not limited to planting materials, pest and disease, climate factors, and farmers loyalty. Demand ⦁ High: October to April (Regionally) ⦁ Low: May to September (Regionally) ⦁ Competition among exporters who do not invest in production supply. ⦁ Need for coordination of investment in production based on demand by various exporters. Market Opportunities for Bananas Region market Weekly Demand per Country Antigua: 2500 boxes St Kitts: 1500 boxes Tortola: 1000 boxes St Thomas: 400 boxes St Martin: 3000 boxes Current Shipments Antigua: 600 boxes St Kitts: 100 boxes Tortola: 300 boxes Regional markets are the highest demand, in line with the tourism season. Production is advised to be scheduled for pick harvesting periods to be achieved in the month of October to May Reduce demands during the summer as a result of school closure and the introduction of the mango season. European Market is still the best option for growth of the industry but there is a need for farmers to become certified. There is a need for the formation of a National Farmers’ Association that has certification authority status provided by Fair Trade international (FLO). Farmers registered in the organization have to meet the certification requirements. Winfresh to be engaged with a purchase and sale agreement for the sale of a minimum of 1000 boxes weekly (est. 150 acres of Production)
Available Inventory
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