South Africa: sales price of bananas 2000-2019

As of 2018/2019, the preliminary sales average price of bananas on markets in South Africa was at 6,438 South African Rands (396.78 U.S. dollars) per metric ton, a slight increase of roughly 2.8 percent from the preceding year. The selling price grew substantially since 2000. At that year, one metric ton of bananas was sold at 1,583 Rands (97.56 U.S. dollars). The upward trend demonstrated that the demand for bananas in the local markets also increased. Two main factors affecting the price were the supply and the quality of the product.

Sales average price of bananas on markets in South Africa from 2000 to 2019 (in South African Rands per metric ton)

Characteristic	Average price in South African rands
2018/2019	6,438
2017/2018	6,265
2016/2017	7,446
2015/2016	5,463
2014/2015	4,940
2013/2014	4,278
2012/2013	4,408
2011/2012	4,321
2010/2011	3,810
2009/2010	3,648
2008/2009	3,400
2007/2008	3,391
2006/2007	2,814
2005/2006	2,630
2004/2005	2,570
2003/2004	2,662
2002/2003	2,085
2001/2002	1,643
2000/2001	1,583

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Release date

September 2020

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Region

South Africa

Survey time period

2000 to 2019

Supplementary notes

Data for 2018/2019 is preliminary.
Year starts in July and ends in June of the next calendar year.
From 2001/02, sales on the 17 major fresh produce markets.
From 2003/04, sales on the 19 major fresh produce markets.
From 2004/05, sales on the 20 major fresh produce markets.
From 2010/11, sales on the 19 major fresh produce markets.
From 2014/15, sales on the 21 major fresh produce markets.
Conversion rate on 02/11/2020.

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