The farmgate prices of Indian bananas are reported to have increased from the previous year’s approximate price of Rs.14-15 per kg to Rs.27-28 per kg.
The prices of bananas had previously suffered a depression. Many major producers of different varieties of bananas had turned to export. The total export of bananas in the previous year had touched 3.78 lakh tonnes which was an increase of 62 per cent compared to the total exports in 2020-21.
The price increase of bananas is feared to affect their exports negatively as many producers are now unwilling to sell their produce to exporters as they can get better prices from the local markets. Indian banana varieties have high demand from foreign countries like Iran.
India produces many varieties of bananas like Cavendish, Robusta and Nendaran which is a special variety from the southern parts of the country.
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Last updated: 22/12/2023
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