Banana industry market updates

Queensland produced approximately 365,000 tonnes of bananas in 2017–18, with the majority of these bananas sold through the major national supermarket chains.

Banana industry outlook

The industry produced approximately $517 million gross value of commodities produced (GVP) in 2020–21. Consumer demand is relatively strong and prices per carton are forecast to stay at the current levels.

For more information, read the latest AgTrends report for economic forecasts for Queensland's banana industry.

Maintaining fruit quality

Like many other commodities the retail sector has quality standards that growers are required to meet. This means 5–20% of total annual banana yield is discarded at the packhouse.

Damage to fruit quality can happen at all points along the supply chain, from harvest to retail display, and can be caused by rough or excessive handling, inappropriate packing, packaging failure and poor temperature management. Learn more about managing risk in supply chains.

Growcom offers training courses to give growers and packers the tools to identify and manage food safety and quality risks.

Banana varieties

The 2 most common varieties of bananas are:

  • Cavendish, which accounts for approximately 97% of the market
  • Lady Finger and other niche varieties, which account for approximately 3% of the market.

Banana industry contacts

  • The Australian Banana Growers' Council (ABGC) is the Australian banana industry's peak national organisation, representing over 600 banana growers. It publishes information about banana pricing, transport figures, employment opportunities and industry reports.
  • Hort Innovation (Horticulture Innovation Australia Limited) works in partnership with Australia's horticulture industries to invest in research, development and marketing programs that provide benefit to industry and the wider community.
  • Australian Bananas has a range of information about growing, picking, ripening, packing and marketing bananas.
  • Growcom is the peak representative body for Queensland horticulture.