Average retail price for bananas in Canada 2015-2019

The average retail price for one kilogram of bananas in Canada was 1.55 Canadian dollars in December 2019. This price remained relatively stable in 2019, staying between 1.54 and 1.57 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 2018, around 571,580 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 2017, Asia produced some 61.72 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 11.17 million metric tons of bananas.

Average retail price for bananas in Canada from January 2015 to December 2019

20152016201720182019
Dec1.671.561.561.561.55
Nov1.681.581.561.571.56
Oct1.691.61.561.571.56
Sep1.71.591.541.561.54
Aug1.721.621.551.561.55
Jul1.711.651.561.61.55
Jun1.721.651.571.611.56
May1.711.661.571.611.56
Apr1.731.711.581.581.56
Mar1.731.711.581.581.56
Feb1.671.711.581.571.56
Jan1.661.711.561.561.57
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Source

Release date

January 2020

Region

Canada

Survey time period

January 2015 to December 2019

Supplementary notes

Statistics Canada collects prices for food, household supply and personal care items from food supermarkets and drugstores, prices for cigarettes from supermarkets, department stores, drug stores and tobacco shops, and prices for regular, unleaded gasoline from gas stations.

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Statistics on "Bananas in North America"

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