What is the price of bananas per kilogram/pound in Indonesia today?
The retail price range for Indonesia bananas is between US$ 0.63 and US$ 1.10 per kilogram or between US$ 0.29 and US$ 0.50 per pound(lb). Click here to see today's exact prices of bananas in Indonesia
The retail price range in Rupiah for bananas is between IDR 10,487.47 and IDR 18,353.07 per kilogram or between IDR 4,756.22 and IDR 8,323.39 per pound(lb) in Jakarta and Surabaya.
Wholesale prices
In 2024, the approximate wholesale price range for Indonesia bananas is between US$ 0.44 and US$ 0.77 per kilogram or between US$ 0.20 and US$ 0.35 per pound(lb).
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Indonesia Bananas Export Prices - Historical, Trends and Prediction
The export price per kilogram of Bananas from Indonesia over the last five years has seen a steady decline. In 2012, the export price was 1.22 US $ per kg, and by 2021, it had dropped to 0.56 US $ per kg. The lowest price was recorded in 2015, at 0.37 US $ per kg. The export price has been relatively stable since then, with the latest price in 2022 being 0.50 US $ per kg. Based on the current trend, it is likely that the export price of Bananas from Indonesia will remain around 0.50 US $ per kg in 2023 and 2024.The exports of bananas from Indonesia are classified as:
- Fresh or dried bananas (excluding plantains) (HS code 080390)
- Bananas, incl. plantains, fresh or dried (HS code 080300)
Indonesia Bananas Import Prices - Historical, Trends and Prediction
The import price per kilogram of Bananas into Indonesia over the last five years has been relatively stable. In 2016, the price was $0.54, followed by $0.56 in 2017 and 2018, and $0.53 in 2020. The lowest price was recorded in 2015, at $0.37 per kilogram. The price has been gradually increasing since then, reaching $0.56 in 2021. Based on the data, it is likely that the import price of Bananas into Indonesia will remain stable in the next two years, with an estimated price of $0.56 per kilogram in 2023 and 2024.Export values for Indonesia bananas
The total values in export for bananas in Indonesia were US$ 5,007, US$ 922, US$ 7,875 and US$ 9,585 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Fruits category in Indonesia: 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 Asia: Kazakhstan bananas, Kyrgyzstan bananas, Tajikistan bananas, Turkmenistan bananas, Uzbekistan bananas, China bananas, Hong Kong bananas, Macao bananas, North Korea bananas & Mongolia bananas.
Indonesia bananas - Production, Exports, Imports, Seasons and HS Codes
In 2019 Indonesia shipped 17,110 tonnes of bananas. In 2019 alone, the market for Indonesia bananas (fruits category) has escalated, changing by 12.922 % compared to the year 2018. Between 2017 and 2019, bananas' exports grew by 947.76% earning the exporter US$9.58m for the year 2019. Indonesia's bananas exports are categorised as:
- Bananas, incl. plantains, fresh or dried (HS code 080300)
- Fresh or dried bananas (excluding plantains) (HS code 080390)
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Indonesia bananas export values
In 2019, Indonesia supplied bananas worth 9.58m USD, a surge of 21.65% from 2018's total bananas export of 7.875m USD. The annual increase in value of Indonesia bananas between 2017 to 2018 was 754.121 per cent.
The annual change in the volume of Indonesia's bananas exports between 2017 and 2019 was 947.76% when compared to a variation of 12.922% in the growth rate between 2018 and 2019.
Indonesia's share of the world's total bananas' exports in 2019 was 1%. The country is ranked number 12 in world exports of bananas.
Export markets for Indonesia bananas ( in '000$ )
Indonesia's leading export markets for bananas are China, Japan, United Arab Emirates (UAE), Oman and South Korea.
Import/Export Trends
Indonesia is a net exporter of bananas. The annual growth of Indonesia bananas in value between 2015 to 2019 was -29%, per year, while annual growth in quantity during the same period was -35%, per annum.
Indonesia imported 4 tonnes of bananas in 2019.
Production
The production of bananas in Indonesia was 14,561,318 tonnes in 2019 and is forecast to change by an average of 0.22%. The country had approximately 264,428.00 hectares under bananas cultivation.