Banana prices on the rise as climate change affects supply chain

Banana prices on the rise as climate change affects supply chain

Banana prices have risen by up to 18.5% since January and by 35% in the past year as climate change puts a squeeze on supply, new data has revealed.

A five-pack of Asda’s Organic Fairtrade Bananas was subject to the biggest annual rise of 35% from £1 to £1.35, found analysis of Assosia data by The Grocer. The same line has risen 13.5% since January 2024.

Meanwhile, the price of Waitrose Essential Fairtrade Bananas has increased by 25% in the past year, from 16p to 20p per banana.

Eleven banana lines out of 60 in the mults have risen by more than 10% in the past year.

Read more: thegrocer.co.uk

Photo: thegrocer.co.uk

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