In 2024, the retail price of one pound of bananas in the United States dereased slightly compared to the year before and registered at 0.62 cents. Prices have hovered around 58 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 2.8 billion U.S. dollars worth of the fruit in 2021. Its main partner in the banana trade was Guatemala, from which it received around 1.1 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 26.4 pounds per year, with a high of 28.54 pounds in 2018. Banana production has largely kept pace with consumption, increasing about 11 percent in the last six years.
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All fresh traditional 1st quality yellow bananas. Includes organic and non-organic.
Please note that due to the Spring bank holiday on Monday 26th May 2025, the next publication will be released on Tuesday 27th May 2025.
This series gives the average wholesale prices of bananas by country of origin. The prices are national averages of the most usual prices charged for bananas at wholesale markets in Birmingham and London. This publication is updated fortnightly.
All prices are in pounds (£) per kg.
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Banana price (USA) in , May, 2025 For that commodity indicator, we provide data from January 1960 to May 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
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Graph and download economic data for Global price of Bananas (PBANSOPUSDM) from Jan 1990 to Apr 2025 about fruits, World, and price.
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 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.
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Get the latest insights on price movement and trend analysis of Banana in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Report Features | Details |
Product Name | Banana |
Industrial Uses | Alcohol Production, Banana chips, Banana processing, Cosmetics and skincare, Animal feed |
HS Code | 08039010 |
Supplier Database | Fresh Del Monte, Chiquita Brands International Sarl, Fyffes, Dole Food Company, Reybanpac |
Region/Countries Covered | Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru Africa: South Africa, Nigeria, Egypt, Algeria, Morocco |
Currency | US$ (Data can also be provided in local currency) |
Supplier Database Availability | Yes |
Customization Scope | The report can be customized as per the requirements of the customer |
Post-Sale Analyst Support | 360-degree analyst support after report delivery |
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Graph and download economic data for Wholesale Price of Bananas for New York, NY (M0436CUS35620M287NNBR) from Mar 1936 to Dec 1942 about fruits, wholesale, New York, NY, price, and USA.
The monthly average price for bananas in Egypt amounted to 12.39 Egyptian pounds (0.4 U.S. dollars) per kilogram as of May 2023. This represented a minor decline of roughly 4.32 percent from the preceding month. In the period under review, the mean price per kilogram of bananas ranged from 6.82 Egyptian pounds (0.22 U.S. dollars) and 18.74 Egyptian pounds (0.61 U.S. dollars) in January and February 2019, and November 2019, respectively.
The Wholesale Price Index of banana across India during financial year 2024 was over 167. The price index value of banana increased by about 48 percent from the base year of 2012. An overall increase in the price index was seen over the years from financial year 2013 in the country.
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After two years of decline, supplies from abroad of bananas increased by 0.8% to 4.6M tons in 2023.
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Ireland Consumer Price: Avg: Fruit: Bananas data was reported at 1.399 EUR/kg in May 2018. This records a decrease from the previous number of 1.400 EUR/kg for Apr 2018. Ireland Consumer Price: Avg: Fruit: Bananas data is updated monthly, averaging 1.377 EUR/kg from Dec 2001 (Median) to May 2018, with 198 observations. The data reached an all-time high of 1.694 EUR/kg in Nov 2002 and a record low of 1.060 EUR/kg in Jan 2010. Ireland Consumer Price: Avg: Fruit: Bananas data remains active status in CEIC and is reported by Central Statistics Office of Ireland. The data is categorized under Global Database’s Ireland – Table IE.P001: Consumer Price: Average.
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Graph and download economic data for Global price of Bananas (PBANSOPUSDQ) from Q1 1990 to Q1 2025 about fruits, World, and price.
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Historical and current average prices for Bananas in the United States, measured per pound
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Banana price (Europe) in , May, 2025 For that commodity indicator, we provide data from January 1997 to May 2025. The average value during that period was 0.96 USD per kilogram with a minimum of 0.49 USD per kilogram in August 2003 and a maximum of 1.64 USD per kilogram in March 2008. | TheGlobalEconomy.com
This statistic shows the import value of bananas worldwide in 2023, by country. That year, the United States was the leading importer of bananas, receiving approximately 3.1 billion U.S. dollars worth of the world's bananas.
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In July 2022, the banana price stood at $697 per ton (CIF, United Kingdom), declining by -2.5% against the previous month.
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In 2023, after three years of growth, there was significant decline in supplies from abroad of bananas, when their volume decreased by -99.8% to 3.2K tons.
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Philippines Retail Price: Banana: Lakatan: National Capital Region data was reported at 104.920 PHP/kg in 15 May 2025. This records an increase from the previous number of 103.540 PHP/kg for 30 Apr 2025. Philippines Retail Price: Banana: Lakatan: National Capital Region data is updated daily, averaging 87.095 PHP/kg from Jan 2021 (Median) to 15 May 2025, with 102 observations. The data reached an all-time high of 106.690 PHP/kg in 15 Jan 2025 and a record low of 62.660 PHP/kg in 31 Dec 2021. Philippines Retail Price: Banana: Lakatan: National Capital Region data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.P: Retail Price: Selected Agricultural Commodities.
In 2024, the retail price of one pound of bananas in the United States dereased slightly compared to the year before and registered at 0.62 cents. Prices have hovered around 58 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 2.8 billion U.S. dollars worth of the fruit in 2021. Its main partner in the banana trade was Guatemala, from which it received around 1.1 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 26.4 pounds per year, with a high of 28.54 pounds in 2018. Banana production has largely kept pace with consumption, increasing about 11 percent in the last six years.