What is the price of bananas per kilogram/pound in Canada today?
The retail price range for Canada bananas is between US$ 0.95 and US$ 7.62 per kilogram or between US$ 0.43 and US$ 3.46 per pound(lb). Click here to see today's exact prices of bananas in Canada
The retail price range in Canadian Dollar for bananas is between CAD 1.29 and CAD 10.29 per kilogram or between CAD 0.58 and CAD 4.67 per pound(lb) in Ottawa and Montréal.
Wholesale prices
In 2024, the approximate wholesale price range for Canada bananas is between US$ 0.67 and US$ 5.34 per kilogram or between US$ 0.30 and US$ 2.42 per pound(lb).
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Canada Bananas Export Prices - Historical, Trends and Prediction
The export price per kilogram of Bananas from Canada has seen a steady increase over the last five years. In 2017, the export price was 1.43 US $ per kg, which increased to 2.34 US $ per kg in 2018. In 2019, the export price rose to 3.43 US $ per kg and in 2020, it was 2.58 US $ per kg. The highest export price was recorded in 2021, at 4.59 US $ per kg, and in 2022, it was 5.15 US $ per kg. Based on this trend, it is predicted that the export price of Bananas from Canada in 2023 will be around 6.30 US $ per kg and in 2024, it will be around 7.45 US $ per kg.The exports of bananas from Canada are categorised as:
- Bananas, incl. plantains, fresh or dried (HS code 080300)
- Fresh or dried bananas (excluding plantains) (HS code 080390)
Canada Bananas Import Prices - Historical, Trends and Prediction
The import price per kilogram of Bananas into Canada over the last five years has been quite volatile. In 2017, the price was $1.43, followed by a sharp increase to $2.34 in 2018. This was followed by a further increase to $3.43 in 2019, before dropping to $2.58 in 2020. The price then rose again to $4.59 in 2021 and is currently at $5.15 in 2022. Based on this trend, it is likely that the import price per kilogram of Bananas into Canada will continue to increase in the next two years, with an estimated price of $6.27 in 2023 and $7.44 in 2024.Export values for Canada bananas
The total values in export for bananas in Canada were US$ 45, US$ 50, US$ 131 and US$ 199 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Fruits category in Canada: 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 North America: Canada bananas, US bananas, Anguilla bananas, Antigua and Barbuda bananas, Bermuda bananas, Bonaire, Sint Eustatius and Saba bananas, St.Pierre and Miquelon bananas, United States Minor Outlying Islands bananas, Cayman Islands bananas & Greenland bananas.
Canada bananas - Production, Exports, Imports, Seasons and HS Codes
The amount of bananas shipped by Canada in 2020 was 65 tons. In 2019 Canada exported 58 tonnes of bananas. For the year 2019 alone, the interest in Canada bananas (fruits category) has escalated, flactuating by 3.571 pc compared to the year 2018. Between 2017 and 2019, bananas' exports increased by 65.71 percent netting the country US$0.20m for the year 2019. Canada's bananas exports are categorised as:
- Fresh or dried bananas (excluding plantains) (HS code 080390)
- Bananas, incl. plantains, fresh or dried (HS code 080300)
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Canada bananas export values
In 2019, Canada supplied bananas costing 0.20m USD, an improvement of 52.67% from 2018's total bananas export of 0.131m USD. The yearly increase in value of Canada bananas between 2017 to 2018 was 162%.
The yearly variation in the quantity of Canada's bananas exports between 2017 and 2019 was 65.71 percent in comparison to a variation of 3.571% in the period between 2018 and 2019.
Canada's share of the world's total bananas' exports in 2019 was less than 1%. Canada holds number 15 in world exports of bananas.
Export markets for Canada bananas ( in '000$ )
Canada's best performing destinations for bananas are France, US, Trinidad and Tobago, South Korea and Italy.
Import/Export Trends
Canada is a net importer of bananas. The annual growth of Canada bananas in value between 2015 to 2019 was -9%, per year, while annual growth in quantity for the same period was -24%, per annum.
Canada ordered 580,736 tonnes of bananas in 2019.