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U.S. retail price of bananas 1995-2018

Retail price of bananas in the United States from 1995 to 2018 (in U.S. dollars per pound)

by Jan Conway, last edited Aug 9, 2019
U.S. retail price of bananas 1995-2018 The retail price of one pound of bananas in the United States climbed 2 cents to 58 cents in 2018. This two-cent change is the largest of the past six years as prices have remained quite stable, only varying by one cent. Banana prices peaked in 2008 at 62 cents per pound.
Banana trade

Consumers in the United States love bananas. The country was the biggest importer of bananas by a wide margin, receiving nearly 3 billion U.S. dollars worth of the fruit in 2018. Its main partner in the banana trade was Guatemala, from which it received over a third of its imports.

Banana consumption

Bananas were the most consumed fruit in the United States in 2017. Popularity can, in part, explain the stability of banana prices. Over the last 18 years, average per capita consumption was approximately 26.4 pounds per year, with a high of 28.54 pounds in 2018. Banana production has largely kept pace with consumption, increasing just 5 percent in the last eight years.
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Retail price of bananas in the United States from 1995 to 2018 (in U.S. dollars per pound)

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