What is the price of bananas per kilogram/pound in New Zealand today?
The retail price range for New Zealand bananas is between US$ 2.38 and US$ 3.58 per kilogram or between US$ 1.08 and US$ 1.62 per pound(lb). Click here to see today's exact prices of bananas in New Zealand
The retail price range in New Zealand Dollar for bananas is between NZD 3.79 and NZD 5.70 per kilogram or between NZD 1.72 and NZD 2.58 per pound(lb) in Wellington and Auckland.
Wholesale prices
In 2024, the approximate wholesale price range for New Zealand bananas is between US$ 1.67 and US$ 2.51 per kilogram or between US$ 0.76 and US$ 1.14 per pound(lb).
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New Zealand Bananas Export Prices - Historical, Trends and Prediction
The export price per kilogram of Bananas from New Zealand has seen a steady increase over the last five years. In 2017, the export price was 2.20 US $ per kg, followed by a decrease to 0.71 US $ per kg in 2018. However, the price has since increased to 2.07 US $ per kg in 2019 and 1.42 US $ per kg in 2020. The latest data shows that the export price of Bananas from New Zealand is 2.81 US $ per kg in 2021. Based on this trend, it is predicted that the export price of Bananas from New Zealand will be 2.22 US $ per kg in 2022 and 2.43 US $ per kg in 2023. It is also expected that the export price will continue to increase in 2024, reaching 2.64 US $ per kg.The bananas exports from New Zealand are classified as:
- Bananas, incl. plantains, fresh or dried (HS code 080300)
- Fresh or dried bananas (excluding plantains) (HS code 080390)
New Zealand Bananas Import Prices - Historical, Trends and Prediction
The import price per kilogram of Bananas into New Zealand over the last five years has been quite varied. In 2017, the price was $2.20, followed by a sharp drop to $0.71 in 2018. In 2019, the price rose again to $2.07, before dropping to $1.42 in 2020. 2021 saw a significant increase to $2.81, and the price has since stabilized at $2.22 in 2022. Looking ahead, it is likely that the import price per kilogram of Bananas into New Zealand will remain relatively stable in the next two years. We predict that the price will be $2.22 in 2023 and $2.22 in 2024.Export values for New Zealand bananas
The total values in export for bananas in New Zealand were US$ 14, US$ 11, US$ 41 and US$ 31 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Fruits category in New Zealand: 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.
New Zealand bananas - Production, Exports, Imports, Seasons and HS Codes
The quantity of bananas shipped by New Zealand in 2020 was 24 tons. In 2019 New Zealand shipped 15 tonnes of bananas. In 2019 alone, the interest in New Zealand bananas (fruits category) has decreased, flactuating by -74.138 % compared to the year 2018. Between 2017 and 2019, bananas' exports increased by 200 pc earning the exporter US$0.03m for the year 2019. New Zealand's bananas exports are categorised as:
- Bananas, incl. plantains, fresh or dried (HS code 080300)
- Fresh or dried bananas (excluding plantains) (HS code 080390)
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New Zealand bananas export values
In 2019, New Zealand shipped bananas valued at 0.03m USD, a contraction of -26.83% from 2018's total bananas export of 0.041m USD. The annual change in value of New Zealand bananas between 2017 to 2018 was 272.727 percent.
The yearly variation in the amount of New Zealand's bananas exports between 2017 and 2019 was 200 per cent in comparison to a variation of -74.138% in the period between 2018 and 2019.
New Zealand's share of the world's total bananas' exports in 2019 was 2.6%. The country is ranked position 9 in world exports of bananas.
Export markets for New Zealand bananas ( in '000$ )
New Zealand's top destinations for bananas are Tonga, Fiji, Singapore, French Polynesia and China.
Import/Export Trends
New Zealand is a net exporter of bananas. The annual growth of New Zealand bananas in value between 2015 to 2019 was 16%, per annum, while annual growth in quantity for the same period was 7%, per annum.
New Zealand brought in 93,217 tonnes of bananas in 2019.