“ We believe that by sharing the ‘true cost’ of food and educating consumers about what takes place prior to eating a banana, we feel energized about opportunities that exist moving forward. Mayra Velazquez de Leon President and CEO, Organics Unlimited
Bananas | #7 in Sales
The Northeast saw the largest year-over-year increases in organic banana sales (7.7%) and volume (5.2%), while the South had the most sales overall ($130 million). Regional Performance
NE
W MW
S
$121,177,715 $3,448,989 2.9% 149,300,540 739,566 0.5%
$65,967,965 $3,214,778 5.1% 96,509,744 4,024,398 4.4%
$130,224,621 $3,076,922 2.4% 199,538,557 8,503,390 4.5%
$72,936,127 $5,195,752 7.7% 101,847,589 5,002,661 5.2%
Sales Sales Change (YOY) Sales % Change (YOY) Volume Volume Change (YOY) Volume % Change (YOY)
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Our industry has undergone intense cost pressure and has absorbed it to ensure that consumers can continue buying affordable organic bananas. However, the current commodity pricing surge has made this effort unbearable any longer. Packing material prices have risen nearly 20 percent, and plastic bags have gone up 15 percent. Labor costs have also increased nearly double-digit as we have supported our workforce
Bananas
Sales 2021 vs. 2020
$ MILLIONS
Organic bananas exhibited their strongest year-over-year sales growth during the second half of 2021.
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50
throughout the pandemic. As most experts indicate, there is no end in sight to these cost pressures.
40
W ith close to 550 million pounds sold in 2021, organic bananas remained the top-volume mover of the organic fresh produce category by a longshot. The consumer favorite posted a 4% year- over-year increase in sales and a 3.4% increase in volume. And despite its frequent loss-leader status, the category still managed to squeeze out a 25% price premium over its conventional counterpart.
30
20
Joint Statement of Coliman Bananas,
2021 2020
10
Organics Unlimited, and Tropical Organic Growers
0
26
27
OPN State of Organic Produce 2021
OPN State of Organic Produce 2021
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