Last week storms and heavy rains affected around 15000 hectares of banana plantations in the Northern Colombian Uraba region. According to official sources, more than 4000 hectares of banana trees were utterly destroyed.
A week later, all other banana countries in Latin America already felt increased demand due to these problems with the banana production in Colombia. For example, in Ecuador, the price has increased by 1.5-2.0 USD compared to the previous week.
Analysts expect that in the nearest half of the year, Colombia will sustain a loss of around 4 million boxes of banana.
Right now producers are hoping for government support in this issue in order to recover the nations banana industry.