| Product | Region | Incoterm Basis | Price | Last Updated Month |
|---|---|---|---|---|
| Banana | China | EXW | USD 978.01/MT | August 2026 |
| Banana | India | EXW | USD 470.41/MT | August 2026 |
| Banana | Spain | CIF | USD 1,091.60/MT | August 2026 |
| Banana | China | EXW | USD 975.16/MT | July 2026 |
| Banana | India | EXW | USD 527.41/MT | July 2026 |
| Banana | Spain | CIF | USD 1,108.79/MT | July 2026 |
Stay updated with the latest Banana prices, historical data, and tailored regional analysis
In Spain, the average price of Banana eased from ~USD 1,108.79/MT (CIF) in July to ~USD 1,091.60/MT in August, a decline of ~1.6%. European prices came under pressure from heavy shipments from Ecuador, the largest exporter. Ecuador's shipments to the EU rose 14.68% in the first seven months of the year, and its July exports jumped 19.10% from a year earlier, as higher temperatures increased fruit output. Demand in Europe also slowed in July with the start of the low season and summer holidays, leaving the market oversupplied. China held almost flat, edging up about 0.3% from ~USD 975.16/MT (EXW) to ~USD 978.01/MT, while India saw a sharper fall of about 10.8%, from ~USD 527.41/MT (EXW) to ~USD 470.41/MT. In China, origin prices rebounded briefly in early August, which kept monthly averages steady, but then fell sharply in mid-August, pushing premium Hainan bananas well below farmers' break-even levels. Wholesale prices kept easing into late September. Indian prices also declined, in line with the wider trend of ample supply and softer demand.
Analyst Insight
According to Procurement Resource, in the near term, banana prices are likely to stay soft as strong export supply continues, though demand may improve after the summer holidays.
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In China, Banana was listed at USD 995.00/MT in June 2026. Chinese banana markets weakened during Q2 as increasing arrivals and stronger competition from seasonal fruits pressured wholesale values. Liaoning banana prices declined through April, May, and June, with warmer weather improving supply availability and reducing buyer urgency. India recorded a lower June value, with Banana priced at USD 374.00/MT. Indian conditions remained influenced by domestic production cycles, regional supply availability, and steady consumption demand. In Japan, the market moved in the opposite direction, with imported banana wholesale values rising from early April into June as available volumes tightened. European markets were generally softer during Q2. Spain showed a June price of USD 486.00/MT, while broader European wholesale trends indicated weaker conditions as supply improved. French overseas banana prices declined through the quarter, reflecting easier availability and reduced market pressure. Disease management remained an important long-term supply factor, with research on biological solutions for Fusarium wilt highlighting efforts to improve banana crop resilience.
Bananas are tropical fruits which are popularly consumed around the globe as they have a delicious taste and high nutritional profile. They consist high carbohydrate, dietary fiber, vitamins and minerals index, thus providing overall nutrition to consumers. They are often consumed as a snack or in combination with various formulations such as smoothies, desserts, and baked goods.
Alcohol Production, Banana chips, Banana processing, Cosmetics and skincare, Animal feed
Fresh Del Monte, Chiquita Brands International Sarl, Fyffes, Dole Food Company, Reybanpac
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