Bananas
Bananas
- 14
- 01 January 2015
- Agriculture,
Agriculture
Banana export suspended for three years but restarted in 1993 after dole Fruit Company contracted with the commercial farmers. Immediately after the entry if dole company, Somali fruit, the Italian partner resumed its production and export in avery competitive manner, banana production area rose up sharply; and the export business lasted for some years unfortunately the aggressive competition between the two companies ended up with suspension of the export activities many attempts were dine during the last few years, and there is great possibility to revive provided securing sustainable market is secured.
- Fertile soils continuously replenished from silt deposits during irrigation
- Main varieties: Granara and Valery
- Use of gravity and supplementary pump irrigation
- Limited affliction by nematodes, weevils and black sigatoka
- Demand and supply are at equilibrium for the local marke
Summary of Percentages
Somali bananas can compete quality wise with other brands in the Middle Eastern markets and price levels achievable render an attractive profit.
- SAMSAM
Potential increase of turnover from $3,7 to $32 million per year.
- SAMSAM
33% labour costs -> $10 million income increase per year through increase d labour opportunities
- SAMSAM