• Sign in
  • 1744009905_435.svg 1744009905_642.svg

  • Latest news
  • Top headlines
  • Most read
  • Columnists
O'zbekcha
Ўзбекча
Русский
  • O'zb
  • Ўзб
  • Рус
  • Eng
  • O'zb
  • Ўзб
  • Рус
  • Eng
  • Latest news
  • Top headlines
  • Most read
  • Columnists
    • USD12768.26
    • RUB162.63
    • EUR14400.04
    • Google play
    • App Store
    • Telegram
    • Tashkent
      +27°C
      • Andijan
      • Karshi
      • Bukhara
      • Samarkand
      • Ferghana
      • Sirdarya
      • Jizzakh
      • Termez
      • Namangan
      • Tashkent
      • Navoiy
      • Tashkent reg
      • Nukus
      • Urgench
    • Daryo
      • About Daryo
      • Editorial office
      • Contact us
      • Terms of use
      • Privacy policy
      • News archive
    • Advertisement
    • Social networks
      • Instagram | Main
      • Instagram | Lifestyle
      • Instagram | Sport
      • Facebook | Main
      • OK | Main
      • YouTube | Daryo
      • YouTube | Daryo in Russian
      • YouTube | Daryo Global
    Telegram Youtube Facebook Instagram Twitter vkontakte
    Daryo logo white
    • Uzbekistan
      • Others
      • Navoi
      • Tashkent region
      • Syrdarya
      • Jizzakh
      • Kashkadarya
      • Surkhandarya
      • Khorezm
      • Bukhara
      • Samarkand
      • Namangan
      • Fergana
      • Andijan
      • Karakalpakstan
      • Tashkent City
      • DaryoKindness
      • Weather
    • Central Asia
      • Uzbekistan
      • Afghanistan
      • Kyrgyzstan
      • Kazakhstan
      • Turkmenistan
      • Tajikistan
    • World
    • Money
      • Business
      • Economics
      • Finance
      • Crypto
    • Culture
      • Movies
      • Books
      • Music
      • Celebrities
    • Lifestyle
      • Women only
        • Children
        • Beauty
        • Carrier
        • Advises
        • Fashion
        • Recipes
      • Technology
        • Architecture
        • Gadjets
        • Science
        • Space
        • Media
      • Auto
      • Entertainment
      • Travel
      • Health
      • Education
        • Entrant
        • Learn english
    • Sport
      • Football
      • UFC
      • Boxing
    infinix
    Daryo.uz - Login
    Daryo.uz Daryo.uz
    Daryo.uz - Login
    Economics

    Growing banana sales in Uzbekistan drive lower prices and imports

    Growing banana sales in Uzbekistan drive lower prices and imports

    Banana sales in Uzbekistan have experienced significant growth, resulting in lower wholesale prices compared to other countries in the region, EastFruit reports.

    Source: “Daryo” / Dilruh Isomiddinova

    Specifically, the wholesale price of bananas in Uzbekistan is now lower than in Georgia and Moldova. This is a notable change since Uzbekistan used to have higher banana prices than its neighboring countries, mainly due to its lack of direct access to the sea, requiring the transportation of bananas across two borders.

    The removal of import duties on fruits imported from abroad has also played a positive role in reducing the relative price of bananas in Uzbekistan. Additionally, bananas are a popular and convenient product for supermarket chains, and Uzbekistan has emerged as a regional leader in developing the retail trade network.

    Source: EastFruit

     

    Although Uzbekistan set a record for banana imports in 2022, the import volume decreased in 2023. In the first four months of the year, banana imports amounted to 29,200 tons, which is 27% less than the same period last year. This decline can be attributed to relatively high banana prices between January and April 2023, with prices in April showing a significant increase of 40-50% compared to the previous year.

    However, at the end of April 2023, wholesale prices of bananas in Uzbekistan began to decline and reached a record low for that time of the year. This decrease in prices is expected to stimulate an increase in banana imports, as Uzbekistan is still a country with relatively low consumer incomes, and the price directly affects sales volume.

    Source: EastFruit

    Fyodor Rybalko, an international consultant from the UN Food and Agriculture Organization (FAO), believes there are further opportunities to enhance the efficiency of banana imports in Uzbekistan. He suggests implementing a pooling system for banana imports, which would reduce costs for supermarket chains and importers, ultimately making the fruit more affordable. Rybalko estimates that such a system could save banana importers over $10mn annually.

    #business #banana #import #export

    16.06.2023, 09:01   Comments (0)   1750
    Facebook Twitter LinkedIn Telegram Email

    Comments (0)

    Sign in
    Leave A Reply Cancel

    On this topic

    Inflation forecasts hit yearly low, Central Bank of Uzbekistan

    14.06.2023, 15:21

    Shavkat Mirziyoyev holds conference with representatives of Italian business circles

    09.06.2023, 19:11

    Uzbekistan's president and Italian PM discuss strengthening relations 

    09.06.2023, 07:13

    Uzbekistan and Italy establish strategic partnership and sign multiple cooperation agreements

    09.06.2023, 01:35

    Rosatom secures landmark agreement to construct Uzbekistan's first nuclear power plant

    09.06.2023, 01:05

    Shavkat Mirziyoyev receives managing director of IMF

    07.06.2023, 01:30
    ×Lightbox Image

    Daryo.uz | Solution to your problems


    Beeline Uzbekistan started 2025 with a significant network modernization


    Don't want to waste time standing in lines? Pay your utility bills through the Ipoteka Retail mobile app?


    More than 500,000 new users: residents of Uzbekistan choose the Hambi superapp


    Beepul 's rising popularity: 3.5x user growth, transaction up 2.3x in 2024

     

    Recommended

    "We wouldn’t have won without U.S. aid" – The hidden truths behind the USSR’s World War II victory

    12 May, 15:39

    Uzbekistan's banking deposits surge to $25.2bn in March

    8 May, 17:24

    Uzbekistan to host 59th ADB Annual Meeting in Samarkand for second time

    8 May, 11:26

    Uzbekistan sees rise in cross-border travel as outbound tourism jumps 20%

    7 May, 12:38
     
     
     

    Latest news

    Uzbekistan, Kazakhstan customs officials meet at Gisht Kuprik to streamline border operations

    Uzbekistan | 1 June, 16:03

    Uzbekistan launches youth campaign 'Land of Talents' with mass events in Tashkent

    Uzbekistan | 1 June, 13:31

    Uzbekistan finalizes WTO accession talks with UK

    Uzbekistan | 1 June, 11:00

    Kazakhstan weighs China’s $5.47bn nuclear offer over Russia’s costlier bid

    Kazakhstan | 31 May, 15:45

    “Uzbekistan could have gone to war with neighboring countries" – says Abdulaziz Kamilov

    Uzbekistan | 31 May, 12:06

    President of Uzbekistan proposes “Central Asia–Italy” business club to boost cooperation

    Uzbekistan | 31 May, 10:01

    Kyrgyzstan open to global cooperation in fintech and digital economy, says PM Kasymaliev

    Kyrgyzstan | 30 May, 17:39

    Tashkent ranks among Central Asia’s top 3 cities in Global Cities Index 2025

    Uzbekistan | 30 May, 15:07
    Daryo About Us

    Full reproduction or partial quoting of material, as well as the use of photographic, graphic, audio and/or video materials of Daryo (the Uzbek Press and Information Agency (UzAPI, now the Agency for Information and Mass Communications under the Presidential Administration of the Republic of Uzbekistan) is registered on 13.03.2015 with certificate number No. 0944 as a mass media) is allowed if there is a hyperlink to the website daryo.uz and/or are accompanied by a note indicating the authorship of the online publication Daryo. Individual publications may contain information that is not intended for users under the age of 18. Info@daryo.uz

    Telegram Youtube Facebook Instagram Twitter vkontakte

    © Simple Networking Solutions, 2013–2025

    Age restriction

    Did you find a bug? Press Ctrl + Enter

    • Terms of use
    • Privacy policy
    • Advertisement
    What are we going to search for?

    Sign In or Register

    Welcome Back!

    Login below or Register Now.

    Google

    or with email

    Leaving a comment, Пользовательского соглашения and Политики конфиденциальности

    Register Now

    Already registered? Login.

    Google

    or with email

    A password will be e-mailed to you.

    Leaving a comment, Пользовательского соглашения and Политики конфиденциальности

    Found an error in the text?

    ×

    Thank you. We have received your message and will fix the error as soon as possible.