Banana Price Trend

Procurement Resource Evaluates The Price Trends Of Banana In Its Latest Insights And Dashboard

In the first two quarters of 2023, banana prices in Indian markets witnessed a significant increase, primarily due to limited availability caused by adverse weather conditions and unseasonal rains affecting production. Additional factors contributing to the price surge included higher transportation and marketing costs. The onset of the festival season heightened demand, with day-to-day sales nearly doubling, exacerbating the supply-demand gap. Some producers in Maharashtra, Gujarat, and Andhra Pradesh reduced their rates amid the pandemic, further affecting the banana market. Exports also flourished due to international demand, collectively propelling banana prices upward during this period.


Bananas are tropical fruits characterized by their elongated, curved shape, and vibrant yellow skin when ripe. They are celebrated for their sweet and creamy-textured flesh, rich in essential nutrients like potassium, vitamin C, and dietary fiber. Bananas are a popular and nutritious snack, known for their natural energy-boosting properties. They are versatile and commonly used in a variety of culinary applications, including baking, smoothies, desserts, and breakfast dishes. Bananas are valued not only for their delicious taste but also for their nutritional content and portability, making them a convenient and healthy choice for people of all ages.

Request for Real-Time Banana Prices:

Key Details About the Banana Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on Banana in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as Excel files that can be used offline.

The Banana Price Chart, including India Banana price, USA Banana Price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting the Banana Price Trend:

Procurement Resource Evaluates The Price Trends Of Banana In Its Latest Insights And DashboardBananas, primarily enjoyed as a fresh fruit, have limited industrial applications compared to some other crops. However, they do have a few industrial uses. Banana peels, for instance, contain compounds like tannins, which have been explored for their potential as natural dyes in the textile industry. Additionally, banana plants’ fibers can be extracted and used to make textiles and paper. While these applications are relatively niche, the primary industrial use of bananas lies in the production of banana-based products like banana chips and dried banana, which are processed and packaged on an industrial scale for snacks and culinary use.

Key Players:

  • Fresh Del Monte
  • Chiquita Brands International Sarl
  • Fyffes
  • Dole Food Company
  • Reybanpac

About Us:

Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.

We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence providing you with the latest and consistent data.

To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients with up-to-date and pioneering practices in the industry to understand procurement methods, supply chains, and industry trends so that they can build strategies to achieve maximum growth.

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Company Name: Procurement Resource
Contact Person: Chris Byrd
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