As of 2018/2019, the preliminary sales average price of bananas on markets in South Africa was at 6,438 South African Rands (396.78 U.S. dollars) per metric ton, a slight increase of roughly 2.8 percent from the preceding year. The selling price grew substantially since 2000. At that year, one metric ton of bananas was sold at 1,583 Rands (97.56 U.S. dollars). The upward trend demonstrated that the demand for bananas in the local markets also increased. Two main factors affecting the price were the supply and the quality of the product.
Sales average price of bananas on markets in South Africa from 2000 to 2019
(in South African Rands per metric ton)
Data for 2018/2019 is preliminary.
Year starts in July and ends in June of the next calendar year.
From 2001/02, sales on the 17 major fresh produce markets.
From 2003/04, sales on the 19 major fresh produce markets.
From 2004/05, sales on the 20 major fresh produce markets.
From 2010/11, sales on the 19 major fresh produce markets.
From 2014/15, sales on the 21 major fresh produce markets.
Conversion rate on 02/11/2020.
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DAFF (South Africa). (September 4, 2020). Sales average price of bananas on markets in South Africa from 2000 to 2019 (in South African Rands per metric ton) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1155339/sales-price-of-bananas-on-markets-in-south-africa/
DAFF (South Africa). "Sales average price of bananas on markets in South Africa from 2000 to 2019 (in South African Rands per metric ton)." Chart. September 4, 2020. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1155339/sales-price-of-bananas-on-markets-in-south-africa/
DAFF (South Africa). (2020). Sales average price of bananas on markets in South Africa from 2000 to 2019 (in South African Rands per metric ton). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1155339/sales-price-of-bananas-on-markets-in-south-africa/
DAFF (South Africa). "Sales Average Price of Bananas on Markets in South Africa from 2000 to 2019 (in South African Rands per Metric Ton)." Statista, Statista Inc., 4 Sep 2020, https://www.statista.com/statistics/1155339/sales-price-of-bananas-on-markets-in-south-africa/
DAFF (South Africa), Sales average price of bananas on markets in South Africa from 2000 to 2019 (in South African Rands per metric ton) Statista, https://www.statista.com/statistics/1155339/sales-price-of-bananas-on-markets-in-south-africa/ (last visited November 21, 2024)
Sales average price of bananas on markets in South Africa from 2000 to 2019 (in South African Rands per metric ton) [Graph], DAFF (South Africa), September 4, 2020. [Online]. Available: https://www.statista.com/statistics/1155339/sales-price-of-bananas-on-markets-in-south-africa/