What is the price of bananas per kilogram/pound in Cyprus today?
The retail price range for Cyprus bananas is between US$ 0.59 and US$ 1.42 per kilogram or between US$ 0.27 and US$ 0.64 per pound(lb). Click here to see today's exact prices of bananas in Cyprus
The retail price range in Euro for bananas is between EUR 0.55 and EUR 1.31 per kilogram or between EUR 0.25 and EUR 0.59 per pound(lb) in Nicosia and Larnaca.
Wholesale prices
In 2024, the approximate wholesale price range for Cyprus bananas is between US$ 0.42 and US$ 0.99 per kilogram or between US$ 0.19 and US$ 0.45 per pound(lb).
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Cyprus Bananas Export Prices - Historical, Trends and Prediction
The export price per kilogram of Bananas from Cyprus over the last five years has been relatively stable. In 2013, the price was 0.93 US $ per kg, and in 2014 it increased to 1.15 US $ per kg. In 2015, the price dropped to 1.00 US $ per kg, and in 2016 it decreased further to 0.95 US $ per kg. In 2017, the price returned to 1.00 US $ per kg, and in 2018 it increased to 1.24 US $ per kg. The most recent year, 2020, saw the highest price of 1.44 US $ per kg, followed by a decrease to 0.69 US $ per kg in 2021. The price then increased again to 0.83 US $ per kg in 2022. Based on this data, it is predicted that the export price per kilogram of Bananas from Cyprus in 2023 will be 0.90 US $ per kg, and in 2024 it will be 1.02 US $ per kg.The Cyprus bananas exports are classified as:
- Bananas, incl. plantains, fresh or dried (HS code 080300)
- Fresh or dried bananas (excluding plantains) (HS code 080390)
Cyprus Bananas Import Prices - Historical, Trends and Prediction
The import price per kilogram of Bananas into Cyprus over the last five years has been quite varied. In 2013, the price was 0.93 US dollars per kg, followed by a slight increase to 1.15 US dollars per kg in 2014. In 2015, the price dropped to 1.00 US dollars per kg, before dropping again to 0.95 US dollars per kg in 2016. In 2017, the price rose back up to 1.00 US dollars per kg, before increasing again to 1.24 US dollars per kg in 2018. The price then rose to 1.44 US dollars per kg in 2020, before dropping to 0.69 US dollars per kg in 2021. The most recent data shows the price at 0.83 US dollars per kg in 2022. Based on the data, it is likely that the import price per kilogram of Bananas into Cyprus will remain relatively stable in the next two years. We predict that the price will be 0.84 US dollars per kg in 2023 and 0.85 US dollars per kg in 2024.Export values for Cyprus bananas
The total values in export for bananas in Cyprus were US$ 330, US$ 18 and US$ 62 in US dollar thousand for the years 2016, 2017 and 2018 in that order.
Prices of other produce in the Fruits category in Cyprus: 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 Middle East: Bahrain bananas, Cyprus bananas, Iraq bananas, Israel bananas, Jordan bananas, Kuwait bananas, Lebanon bananas, Palestine bananas, Oman bananas & Qatar bananas.
Cyprus bananas - Production, Exports, Imports, Seasons and HS Codes
The volume of bananas exported by Cyprus in 2020 was 9 tons. In 2019 Cyprus sold small quantities of bananas. Through 2019 alone, the demand for Cyprus bananas (fruits category) has , with a change of % compared to the year 2018. Between 2017 and 2019, bananas' exports reduced by -100 percent earning the nation US$0.00m for the year 2019. Cyprus' bananas exports are classified as:
- Fresh or dried bananas (excluding plantains) (HS code 080390)
- Bananas, incl. plantains, fresh or dried (HS code 080300)
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Cyprus bananas export values
In 2019, Cyprus exported bananas with a value of 0.00m USD, a drop of -100.00% from 2018's total bananas export of 0.062m USD. The yearly change in value of Cyprus bananas between 2017 to 2018 was 244.444 per cent.
The per year change in the volume of Cyprus' bananas exports between 2017 and 2019 was -100 percent between 2018 and 2019.
Cyprus' stake of the world's total bananas' exports in 2019 was less than 1%. Cyprus is ranked number 71 in world exports of bananas.
Export markets for Cyprus bananas ( in '000$ )
Cyprus' leading export markets for bananas are Bulgaria and Greece.
Import/Export Trends
Cyprus is a net importer of bananas. The annual growth of Cyprus bananas in value between 2015 to 2019 was -54%, per year, while annual growth in quantity through the same period was %, per annum.
Cyprus brought in 6,613 tonnes of bananas in 2019.
Production
The production of bananas in Cyprus was 10,680 tonnes in 2019 and is estimated to change by an average of -7.77%. The country had approximately 420.00 hectares under bananas cultivation.