The average retail price for one kilogram of bananas in Canada was 1.67 Canadian dollars in September 2024. This price remained relatively stable from 2017 to 2024, staying between 1.58 and 1.65 Canadian dollars per kilogram. The banana market in Canada Bananas are a fruit which need to be grown in tropical climates, therefore Canada must import bananas to provide their consumers with this popular fruit. In 2021, around 586,520 metric tons of bananas were imported into Canada. This figure has risen consistently in past years, increasing by over 100,000 metric tons since 2008. An average Canadian household spent 59 Canadian dollars on fresh bananas and plantains in 2017. Leading banana producers worldwide Regionally, Asia is the leading producer of bananas. In 2020, Asia produced some 64.73 million metric tons of the popular fruit. India was the leading producing country within Asia, as they were responsible for almost half of Asia’s total production in the same year. Mainland China ranked in second place, producing around 11.51 million metric tons of bananas.

In 2024, the retail price of one pound of bananas in the United States decreased slightly compared to the year before and registered at **** cents. Prices have hovered around ** cents for the past seven years. Banana trade in the U.S. Consumers in the United States love bananas. The country was the biggest importer of bananas by a wide margin, receiving around *** billion U.S. dollars worth of the fruit in 2021. Its main partner in the banana trade was Guatemala, from which it received around *** billion dollars worth of bananas in 2021. Banana consumption Bananas were the most consumed fruit in the United States in 2021. Popularity can, in part, explain the stability of banana prices. Over the last 18 years, average per capita consumption was approximately **** pounds per year, with a high of ***** pounds in 2018. Banana production has largely kept pace with consumption, increasing about ** percent in the last six years.

Indonesia Retail Price: Fruit: Ambon Banana: Mamuju Regency data was reported at 6,000.000 IDR/kg in 12 Feb 2019. This stayed constant from the previous number of 6,000.000 IDR/kg for 07 Feb 2019. Indonesia Retail Price: Fruit: Ambon Banana: Mamuju Regency data is updated daily, averaging 6,000.000 IDR/kg from Feb 2013 (Median) to 12 Feb 2019, with 483 observations. The data reached an all-time high of 30,000.000 IDR/kg in 28 Aug 2018 and a record low of 3,500.000 IDR/kg in 18 Dec 2017. Indonesia Retail Price: Fruit: Ambon Banana: Mamuju Regency data remains active status in CEIC and is reported by Ministry of Agriculture. The data is categorized under Indonesia Premium Database’s Prices – Table ID.PC004: Daily Retail Price: By Regency and Municipality: Fruit.

The Australian banana market dropped to $773M in 2024, waning by -6.2% against the previous year. The market value increased at an average annual rate of +1.5% from 2012 to 2024; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Banana consumption peaked at $861M in 2017; however, from 2018 to 2024, consumption remained at a lower figure.

The revenue of the banana market in Kiribati amounted to $X in 2018, stabilizing at the previous year. The market value increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The pace of growth appeared the most rapid in 2008 with an increase of X% year-to-year. Over the period under review, the banana market reached its maximum level at $X in 2017, leveling off in the following year.

In 2024, after two years of decline, there was significant growth in shipments abroad of bananas, when their volume increased by X% to X tons. In general, exports, however, saw a deep reduction. The pace of growth appeared the most rapid in 2017 when exports increased by X%. Over the period under review, the exports reached the maximum at X tons in 2019; however, from 2020 to 2024, the exports failed to regain momentum.

Taiwan Farm Price: Fruit: Bananas, Domestic data was reported at 21.280 NTD/kg in Oct 2018. This records a decrease from the previous number of 23.240 NTD/kg for Sep 2018. Taiwan Farm Price: Fruit: Bananas, Domestic data is updated monthly, averaging 19.820 NTD/kg from Jan 2003 (Median) to Oct 2018, with 190 observations. The data reached an all-time high of 86.460 NTD/kg in Feb 2017 and a record low of 6.410 NTD/kg in Jul 2010. Taiwan Farm Price: Fruit: Bananas, Domestic data remains active status in CEIC and is reported by Council of Agriculture, Executive Yuan. The data is categorized under Global Database’s Taiwan – Table TW.P004: Farm Price: Fruit.

The global banana market revenue amounted to $X in 2017, flattening at the previous year. Overall, the total market indi...

The global banana market revenue amounted to $58.5B in 2017, therefore, remained relatively stable against the...

The revenue of the banana market in Liberia amounted to $X in 2018, declining by -X% against the previous year. The market value increased at an average annual rate of +X% from 2007 to 2018; the trend pattern remained relatively stable, with only minor fluctuations being observed over the period under review. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. Liberia banana consumption peaked at $X in 2017, and then declined slightly in the following year.

Retail Price: DOAC: Banana: Goa: Panaji data was reported at 60.000 INR/Dozen in Dec 2017. This records an increase from the previous number of 50.000 INR/Dozen for Nov 2017. Retail Price: DOAC: Banana: Goa: Panaji data is updated monthly, averaging 25.000 INR/Dozen from Jan 2005 (Median) to Dec 2017, with 149 observations. The data reached an all-time high of 60.000 INR/Dozen in Dec 2017 and a record low of 15.000 INR/Dozen in Jun 2009. Retail Price: DOAC: Banana: Goa: Panaji data remains active status in CEIC and is reported by Directorate of Economics and Statistics, Department of Agriculture and Farmers Welfare. The data is categorized under India Premium Database’s Price – Table IN.PC127: Retail Price: Department of Agriculture and Cooperation: Food: by Cities: Banana.

The revenue of the banana market in Vanuatu amounted to $X in 2018, falling by -X% against the previous year. The market value increased at an average annual rate of +X% from 2007 to 2018; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2008 when the market value increased by X% y-o-y. Banana consumption peaked at $X in 2017, and then declined slightly in the following year.

Banana flour's unique characteristics are largely determined by the ripeness of the bananas used in its production: Green Banana Flour: Characterized by its high resistant starch content, green banana flour offers significant prebiotic benefits, promoting gut health and digestive well-being. Its neutral flavor profile makes it versatile in various culinary applications. Ripe Banana Flour: Possessing a naturally sweet taste and a lower starch content compared to green banana flour, ripe banana flour lends itself well to baking and adds a subtle sweetness to baked goods without the need for added sugars. This option is appealing to consumers seeking healthier alternatives to traditional refined flour. Recent developments include: October 2021: the ICAR-National Research Centre for Banana (NRCB) in Trichy signed a memorandum of understanding (MoU) with Cake Bee, one of India's top bakeries. Foam mat drying, a low-cost innovative method developed by the ICAR, might be a viable alternative for making cost-effective banana powders from ripe or market-rejected bananas., November 2017: The International Agriculture Group (IAG), a start-up ingredient technology business, was developing a novel ingredient with a high quantity of prebiotic dietary fiber-resistant. NuBana N200 Green Banana Flour includes at least 65 percent RS2-resistant starch, which has been demonstrated to provide a wide range of health advantages depending on how much is ingested daily.. Key drivers for this market are: Growing Demand for Chewable Supplements among Adults 31, Rising Popularity of Fortified Gummies 31. Notable trends are: Growing Awareness about health to boost the market growth.

The revenue of the banana market in Tuvalu amounted to $X in 2018, standing approx. at the previous year. The market value increased at an average annual rate of +X% from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. Tuvalu banana consumption peaked at $X in 2016; however, from 2017 to 2018, consumption remained at a lower figure.

The revenue of the banana market in Barbados amounted to $X in 2018, coming down by -X% against the previous year. The market value increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. Banana consumption peaked at $X in 2016; however, from 2017 to 2018, consumption stood at a somewhat lower figure.

In 2024, the MERCOSUR banana market decreased by -39.5% to $6.1B for the first time since 2017, thus ending a six-year rising trend. In general, consumption recorded a perceptible shrinkage. As a result, consumption reached the peak level of $10.1B, and then reduced rapidly in the following year.

Indonesia Producer Price: Fruit: Ambon Banana: Kupang Regency data was reported at 15,000.000 IDR/kg in 15 Jun 2017. This records an increase from the previous number of 10,000.000 IDR/kg for 14 Jun 2017. Indonesia Producer Price: Fruit: Ambon Banana: Kupang Regency data is updated daily, averaging 7,500.000 IDR/kg from Jan 2013 (Median) to 15 Jun 2017, with 967 observations. The data reached an all-time high of 15,000.000 IDR/kg in 15 Jun 2017 and a record low of 5,000.000 IDR/kg in 16 Jan 2014. Indonesia Producer Price: Fruit: Ambon Banana: Kupang Regency data remains active status in CEIC and is reported by Ministry of Agriculture. The data is categorized under Indonesia Premium Database’s Prices – Table ID.PD003: Daily Producer Price: By Regency and Municipality: Fruit.

Pakistan Average Retail Price: Banana data was reported at 81.040 PKR/Dozen in 2018. This records an increase from the previous number of 78.870 PKR/Dozen for 2017. Pakistan Average Retail Price: Banana data is updated yearly, averaging 24.060 PKR/Dozen from Jun 1991 (Median) to 2018, with 28 observations. The data reached an all-time high of 81.040 PKR/Dozen in 2018 and a record low of 11.660 PKR/Dozen in 1991. Pakistan Average Retail Price: Banana data remains active status in CEIC and is reported by State Bank of Pakistan. The data is categorized under Global Database’s Pakistan – Table PK.P001: Average Retail Price.

The revenue of the banana market in New Caledonia amounted to $X in 2018, declining by -X% against the previous year. In general, banana consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the market value increased by X% y-o-y. Banana consumption peaked at $X in 2016; however, from 2017 to 2018, consumption failed to regain its momentum.

The revenue of the banana market in Equatorial Guinea amounted to $X in 2018, lowering by -X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2008 with an increase of X% year-to-year. Equatorial Guinea banana consumption peaked at $X in 2017, and then declined slightly in the following year.