Colombian bananas rose from £0.94 to £0.96 per kg (2% increase), while Costa Rican bananas increased from £0.98 to £0.99 per kg (1% increase). Overall import prices also increased across the board by 2%, signaling stable demand in the market.

Recent data on banana pricing indicates a slight increase in average prices for both Colombian and Costa Rican bananas, as well as overall import prices. Colombian bananas saw an uptick from £0.94 to £0.96 per kilogram, a £0.02 increase equating to a 2% rise. The stable price range for Colombian bananas this week is between £0.95 and £0.99 per kilogram, suggesting consistent demand with minimal market instability.

In comparison, Costa Rican bananas increased from £0.98 to £0.99 per kilogram, a smaller increase of £0.01 or 1%. The price for Costa Rican bananas fluctuates more widely, ranging from £0.88 to £1.06 per kilogram, indicative of potential variations in quality, supply chain consistency, or transportation influences.

Overall, the banana import market reflects a 2% rise in average prices, with the general price climbing from £0.97 to £0.98 per kilogram this week. This aggregate increase denotes a steady growth pattern amid stable demand across imports.

In summary, the banana market is experiencing slight price increases, with Colombian and Costa Rican varieties both reporting upward trends of 2% and 1% respectively. The overall imports show a general price rise, indicating a stable demand environment. Market fluctuations remain stable, although variations in Costa Rican prices suggest broader market influences. These trends highlight key factors affecting banana pricing, including demand stability and potential variances in supply management.

Original Source: www.freshplaza.com