Average retail price for bananas in Canada 2015-2022
The average retail price for one kilogram of bananas in Canada was 1.63 Canadian dollars in February 2022. This price remained relatively stable in 2021 and into 2022, staying between 1.56 and 1.63 Canadian dollars per kilogram. Prices were higher in 2015, with an average monthly cost of 1.7 dollars.
The banana market in Canada
Bananas are a fruit which need to be grown in tropical climates, therefore Canada must import bananas to provide their consumers with this popular fruit. In 2021, around 586,520 metric tons of bananas were imported into Canada. This figure has risen consistently in past years, increasing by over 100,000 metric tons since 2008. An average Canadian household spent 59 Canadian dollars on fresh bananas and plantains in 2017.
Leading banana producers worldwide
Regionally, Asia is the leading producer of bananas. In 2020, Asia produced some 64.73 million metric tons of the popular fruit. India was the leading producing country within Asia, as they were responsible for almost half of Asia’s total production in the same year. Mainland China ranked in second place, producing around 11.51 million metric tons of bananas.
The banana market in Canada
Bananas are a fruit which need to be grown in tropical climates, therefore Canada must import bananas to provide their consumers with this popular fruit. In 2021, around 586,520 metric tons of bananas were imported into Canada. This figure has risen consistently in past years, increasing by over 100,000 metric tons since 2008. An average Canadian household spent 59 Canadian dollars on fresh bananas and plantains in 2017.
Leading banana producers worldwide
Regionally, Asia is the leading producer of bananas. In 2020, Asia produced some 64.73 million metric tons of the popular fruit. India was the leading producing country within Asia, as they were responsible for almost half of Asia’s total production in the same year. Mainland China ranked in second place, producing around 11.51 million metric tons of bananas.
