What is the price of bananas per kilogram/pound in Australia today?
The retail price range for Australia bananas is between US$ 1.71 and US$ 3.81 per kilogram or between US$ 0.77 and US$ 1.73 per pound(lb). Click here to see today's exact prices of bananas in Australia
The retail price range in Australian Dollar for bananas is between AUD 2.57 and AUD 5.74 per kilogram or between AUD 1.16 and AUD 2.60 per pound(lb) in Canberra and Melbourne.
Wholesale prices
In 2024, the approximate wholesale price range for Australia bananas is between US$ 1.19 and US$ 2.67 per kilogram or between US$ 0.54 and US$ 1.21 per pound(lb).
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Australia Bananas Export Prices - Historical, Trends and Prediction
The export price per kilogram of Bananas from Australia has seen a steady decline over the last five years. In 2011, the export price was 8.00 US dollars per kilogram, but by 2021, it had dropped to 2.32 US dollars per kilogram. The average export price for the last five years was 2.30 US dollars per kilogram. We can expect the export price of Bananas from Australia to remain around 2.30 US dollars per kilogram in 2023 and 2024.The exports of bananas from Australia are categorised as:
- Fresh or dried bananas (excluding plantains) (HS code 080390)
- Bananas, incl. plantains, fresh or dried (HS code 080300)
Australia Bananas Import Prices - Historical, Trends and Prediction
The import price per kilogram of Bananas into Australia over the last five years has been quite varied. In 2016, the price was at its lowest at $1.56, before increasing to $1.68 in 2017. This was followed by a slight decrease to $1.63 in 2018, before rising again to $2.02 in 2019. The price then increased further to $2.16 in 2020, and then to $2.32 in 2021. The most recent data point is for 2022, where the import price per kilogram of Bananas was $2.88. Looking ahead, we can predict that the import price per kilogram of Bananas into Australia will continue to increase in the next two years. We can expect the price to reach $3.02 in 2023 and $3.16 in 2024.Export values for Australia bananas
The total values in export for bananas in Australia were US$ 214, US$ 239, US$ 153 and US$ 251 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Fruits category in Australia: Olives, Pumpkins, squash and gourds, Sweetcorn, Dates, Figs, Pineapples, Avocados, Mangoes, Oranges & Mandarin Oranges (tangerines and clementines.
See prices of bananas in other countries across Oceania: Fiji bananas, French Polynesia bananas, Guam bananas, Micronesia bananas, New Caledonia bananas, Papua New Guinea bananas, Samoa bananas, Solomon Islands bananas, Tonga bananas & Vanuatu bananas.
Australia bananas - Production, Exports, Imports, Seasons and HS Codes
The quantity of bananas shipped by Australia in 2020 was 45 tonnes. In 2019 Australia shipped 124 tonnes of bananas. In 2019 alone, the demand for Australia bananas (fruits category) has gone up, recording a change of 31.915 per cent compared to the year 2018. Between 2017 and 2019, bananas' exports decreased by -12.68 pc netting the country US$0.25m for the year 2019. Australia's bananas exports are categorised as:
- Bananas, incl. plantains, fresh or dried (HS code 080300)
- Fresh or dried bananas (excluding plantains) (HS code 080390)
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Australia bananas export values
In 2019, Australia exported bananas with a value of 0.25m USD, a growth of 63.40% from 2018's total bananas export of 0.153m USD. The yearly increase in value of Australia bananas between 2017 to 2018 was -35.983 per cent.
The annual variation in the quantity of Australia's bananas exports between 2017 and 2019 was -12.68 percent when compared to a variation of 31.915% in the growth rate between 2018 and 2019.
Australia's stake of the world's total bananas' exports in 2019 was less than 1%. Australia holds number 20 in world exports of bananas.
Export markets for Australia bananas ( in '000$ )
Australia's top export markets for bananas are Japan, Hong Kong, China, New Zealand and Papua New Guinea.
Import/Export Trends
Australia is a net exporter of bananas. The annual growth of Australia bananas in value between 2015 to 2019 was 10%, per year, while annual growth in quantity during the same period was 4%, per annum.
Australia brought in 51 tonnes of bananas in 2019.
Production
The production of bananas in Australia was 620,320 tonnes in 2019 and is projected to change by an average of -17.05%. The country had an estimated 23,804.00 hectares under bananas cultivation.