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.

All fresh traditional 1st quality yellow bananas. Includes organic and non-organic.

Banana price (USA) in , October, 2025 For that commodity indicator, we provide data from January 1960 to October 2025. The average value during that period was 0.55 USD per kilogram with a minimum of 0.11 USD per kilogram in January 1968 and a maximum of 1.68 USD per kilogram in December 2022. | TheGlobalEconomy.com

View monthly updates and historical trends for Central and South America Banana Price (US Import). from United States. Source: World Bank. Track economic …

As of May 2020, the average price of bananas in Uruguay was the highest among the group of Latin American countries displayed. In that year, the fruit was sold at around 1.76 U.S. dollars per kilogram in the country. In comparison, the price of a kilogram of bananas sold in Colombia amounted to 0.65 dollars.

The cost of bananas in the US reached their peak $494 in April 2022 and it is expected to keep growing.

United States - Average Price: Bananas (Cost per Pound/453.6 Grams) in U.S. City Average was 0.67000 Index in September of 2025, according to the United States Federal Reserve. Historically, United States - Average Price: Bananas (Cost per Pound/453.6 Grams) in U.S. City Average reached a record high of 0.67000 in September of 2025 and a record low of 0.31500 in December of 1983. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Average Price: Bananas (Cost per Pound/453.6 Grams) in U.S. City Average - last updated from the United States Federal Reserve on November of 2025.

View monthly updates and historical trends for Central America and Ecuador Banana Spot Price. Source: International Monetary Fund. Track economic data wit…

All fresh traditional 1st quality yellow bananas. Includes organic and non-organic.

Graph and download economic data for Retail Price of Bananas for New York, NY (M04037US35620M263NNBR) from Jan 1920 to Sep 1942 about fruits, NY, retail, price, and USA.

U.S. Banana Prices - Historical chart and current data through 2025.

The monthly average price for bananas in Egypt amounted to ***** Egyptian pounds (0.4 U.S. dollars) per kilogram as of May 2023. This represented a minor decline of roughly **** percent from the preceding month. In the period under review, the mean price per kilogram of bananas ranged from **** Egyptian pounds (0.22 U.S. dollars) and ***** Egyptian pounds (0.61 U.S. dollars) in January and February 2019, and November 2019, respectively.

Northern America's banana market is forecast to grow steadily, with volume reaching 5.1M tons and value $2.9B by 2035. The US dominates consumption and imports, while local production is minimal.

The Banana Market Report is Segmented by Geography (North America, South America, Europe, Asia-Pacific, Middle East, and Africa). The Report Includes Production Analysis, Consumption Analysis by Value and Volume, Import Analysis by Value and Volume, Export Analysis by Value and Volume, and Price Trend Analysis. The Market Forecasts are Provided in Terms of Value (USD) and Volume (Metric Ton).

The revenue of the banana market in American Samoa amounted to $X in 2018, remaining constant against 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 when the market value increased by X% y-o-y. Over the period under review, the banana market reached its maximum level at $X in 2016; however, from 2017 to 2018, consumption remained at a lower figure.

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Banana Market Size 2025-2029

The banana market size is forecast to increase by USD 1.53 billion, at a CAGR of 10.3% between 2024 and 2029.

Major Market Trends & Insights

North America dominated the market and accounted for a 40% growth during the forecast period.
By the Distribution Channel - Offline segment was valued at USD 1.24 billion in 2023
By the Type - In-organic/conventional segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 128.15 billion
Market Future Opportunities: USD 1.53 billion 
CAGR : 10.3%
North America: Largest market in 2023

Market Summary

The market has witnessed significant developments in recent years, particularly in the food industry. Banana flour, derived from ripe and dried bananas, has gained popularity as a sustainable and nutrient-rich alternative to traditional wheat and rice flours in baking applications. According to market research, the global banana flour market is projected to expand at a steady pace, driven by increasing health awareness and the growing preference for gluten-free and vegan food options. However, natural calamities, such as typhoons and frost, can negatively impact banana production, leading to supply chain disruptions and price fluctuations.
Despite these challenges, the market continues to evolve, with innovations in cultivation techniques and processing methods contributing to increased efficiency and sustainability. The market's dynamic nature underscores the importance of staying informed and adaptable to emerging trends and challenges.

What will be the Size of the Banana Market during the forecast period?

Explore market size, adoption trends, and growth potential for banana market Request Free Sample

The market exhibits a steady expansion, with current sales accounting for approximately 13% of the global fruit market share. Future growth is anticipated to remain consistent, projected at a rate of around 3% annually. Notably, the market's volume growth outpaces value growth, indicating a shift towards more affordable banana offerings. Comparatively, the demand for organic bananas has seen a significant increase, representing over 10% of the total the market. This trend underscores the growing consumer preference for sustainable agricultural practices and healthier food options. Moreover, the adoption of advanced farming techniques, such as yield prediction models and precision nutrient management, contributes to increased production efficiency and resource optimization.
The banana industry's focus on sustainable intensification and environmental impact reduction is evident in the widespread implementation of water conservation techniques, natural pest control, and integrated crop management. These practices not only enhance crop production efficiency but also contribute to the reduction of the industry's carbon footprint. Furthermore, the market's emphasis on quality preservation methods, postharvest handling practices, and market access strategies ensures a reliable and consistent supply chain. As the market continues to evolve, stakeholders can anticipate ongoing advancements in plant nutrition optimization, growth stage monitoring, and value chain optimization.

How is this Banana Industry segmented?

The banana industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Distribution Channel

  Offline
  Online


Type

  In-organic/conventional
  Organic


Form Factor

  Fresh bananas
  Processed bananas


Geography

  North America

    US
    Canada
    Mexico


  Europe

    France
    Germany
    Italy
    Spain
    UK


  APAC

    China
    Japan


  Rest of World (ROW)

By Distribution Channel Insights

The offline segment is estimated to witness significant growth during the forecast period.

The market is undergoing significant transformations as farmers adopt various growth stimulation pathways to enhance crop productivity. Biofertilizers, derived from organic sources, are increasingly being used to improve soil health and nutrient availability. These fertilizers foster beneficial microorganisms in the rhizosphere microbiome, which contribute to enhanced nutrient uptake and crop stress tolerance. Pest resistance mechanisms, such as plant growth regulators and microbial inoculants, are being employed to mitigate the negative impact of pests and diseases. Sustainable farming practices, including precision agriculture technologies and integrated pest management, are gaining traction to minimize the use of synthetic fertilizers and pesticides. Water use efficiency is another crucial factor driving market growth.

Soil amendment techniques, such as the application of humic acid fertil

United States Consumer Price: Average: Bananas data was reported at 0.573 USD/lb in Sep 2018. This records an increase from the previous number of 0.569 USD/lb for Aug 2018. United States Consumer Price: Average: Bananas data is updated monthly, averaging 0.498 USD/lb from Jan 1980 (Median) to Sep 2018, with 463 observations. The data reached an all-time high of 0.641 USD/lb in Feb 2009 and a record low of 0.315 USD/lb in Dec 1983. United States Consumer Price: Average: Bananas data remains active status in CEIC and is reported by Bureau of Labor Statistics. The data is categorized under Global Database’s USA – Table US.P001: Consumer Price.

As of 2018/2019, the preliminary sales average price of bananas on markets in South Africa was at 6,438 South African Rands (396.78 U.S. dollars) per metric ton, a slight increase of roughly 2.8 percent from the preceding year. The selling price grew substantially since 2000. At that year, one metric ton of bananas was sold at 1,583 Rands (97.56 U.S. dollars). The upward trend demonstrated that the demand for bananas in the local markets also increased. Two main factors affecting the price were the supply and the quality of the product.

All fresh traditional 1st quality yellow bananas. Includes organic and non-organic.

This dataset contains the predicted prices of the asset my mom bot us 2 bananas over the next 16 years. This data is calculated initially using a default 5 percent annual growth rate, and after page load, it features a sliding scale component where the user can then further adjust the growth rate to their own positive or negative projections. The maximum positive adjustable growth rate is 100 percent, and the minimum adjustable growth rate is -100 percent.