To reinforce the previous entry and to better understand the economics of growing bananas and plantains, it is useful to know the following: Musaceae are perennial crops that grow rapidly and can be harvested year-round; banana plants reproduce asexually by sprouting offshoots from a subway stem; the shoots have vigorous growth and can produce a mature bunch in less than a year; almost 85% of production comes from relatively small plots and home gardens where there are no statistics.
Within the world economy, musaceae are of utmost importance, with bananas being the fourth most important crop in the world. In Latin America and the Caribbean, around 10 million tons are produced and consumed in the world, so its cultivation is considered an important source of employment and income for these areas of the world.
In many developing countries, most banana production is for self-consumption or local trade and therefore plays an essential role in food security; the importance of bananas as a food crop in tropical areas cannot be underestimated.
The cost of production has two opposing characteristics, which are sometimes not well understood in developing countries, the first is that in order to produce goods you have to spend; this means generating a cost, the second characteristic is that you have to keep costs as low as possible and eliminate unnecessary costs. This does not mean cutting or eliminating costs indiscriminately.