What is the price of bananas per kilogram/pound in Cyprus today?
The retail price range for Cyprus bananas is between US$ 0.60 and US$ 1.44 per kilogram or between US$ 0.27 and US$ 0.65 per pound(lb). Click here to see today's exact prices of bananas in Cyprus
The retail price range in Euro for bananas is between EUR 0.56 and EUR 1.33 per kilogram or between EUR 0.25 and EUR 0.60 per pound(lb) in Nicosia and Larnaca.
In 2023, the approximate wholesale price range for Cyprus bananas is between US$ 0.42 and US$ 1.01 per kilogram or between US$ 0.19 and US$ 0.46 per pound(lb).
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Cyprus Bananas Export Prices - Historical, Trends and Prediction
The export price per kilogram of Bananas from Cyprus over the last five years has been relatively stable. In 2013, the price was 0.93 US $ per kg, and in 2014 it increased to 1.15 US $ per kg. In 2015, the price dropped to 1.00 US $ per kg, and in 2016 it decreased further to 0.95 US $ per kg. In 2017, the price returned to 1.00 US $ per kg, and in 2018 it increased to 1.24 US $ per kg. The most recent year, 2020, saw the highest price of 1.44 US $ per kg, followed by a decrease to 0.69 US $ per kg in 2021. The price then increased again to 0.83 US $ per kg in 2022. Based on this data, it is predicted that the export price per kilogram of Bananas from Cyprus in 2023 will be 0.90 US $ per kg, and in 2024 it will be 1.02 US $ per kg.
The Cyprus bananas exports are classified as:
- Bananas, incl. plantains, fresh or dried (HS code 080300)
- Fresh or dried bananas (excluding plantains) (HS code 080390)
Cyprus Bananas Import Prices - Historical, Trends and Prediction
The import price per kilogram of Bananas into Cyprus over the last five years has been quite varied. In 2013, the price was 0.93 US dollars per kg, followed by a slight increase to 1.15 US dollars per kg in 2014. In 2015, the price dropped to 1.00 US dollars per kg, before dropping again to 0.95 US dollars per kg in 2016. In 2017, the price rose back up to 1.00 US dollars per kg, before increasing again to 1.24 US dollars per kg in 2018. The price then rose to 1.44 US dollars per kg in 2020, before dropping to 0.69 US dollars per kg in 2021. The most recent data shows the price at 0.83 US dollars per kg in 2022.
Based on the data, it is likely that the import price per kilogram of Bananas into Cyprus will remain relatively stable in the next two years. We predict that the price will be 0.84 US dollars per kg in 2023 and 0.85 US dollars per kg in 2024.
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Export values for Cyprus bananas
The total values in export for bananas in Cyprus were US$ 330, US$ 18 and US$ 62 in US dollar thousand for the years 2016, 2017 and 2018 in that order.