Market research

Bananas market in Grenada

Release date: Mar 28, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Earlier Report Observations

Grenada's banana market volume experienced a pronounced decline from 5 031 t in 2018 to 2 159 t by 2023. The initial downturn was largely driven by the impact of crop diseases, particularly Moko disease and Black Sigatoka, which caused significant destruction in northern plantations and reduced fruit quality, leading to lower production.

A partial recovery to 3 253 t occurred in 2021, but volumes fell again in the following years. This subsequent drop coincided with reported global challenges for the banana sector, including ongoing disease pressures and supply chain disruptions, which likely affected Grenada's market.

Recent developments have focused on disease prevention, with regional efforts to safeguard against threats like Panama disease TR4 through enhanced biosecurity. Furthermore, from April 2024, Fairtrade introduced entry limitations for new fresh banana producers, a policy shift aimed at supporting smallholders that may influence future market structure.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Grenada
  1. 5.1.1. Annual dynamics of production in Grenada in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in Grenada in value, 2018-2023, $ US
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Exports
1. 6.1. Exports (Direct Data)
  1. 6.1.1. Exports - Total information
  2. 6.1.2. Exports in kind, kg
    1. 6.1.2.1. Annual dynamics of product's exports from Grenada in kind, 2018-2024, kg
    2. 6.1.2.2. Dynamics of product's exports in kind from Grenada by countries, 2018-2024, kg
    3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.1.3. Exports in value, $ US
    1. 6.1.3.1. Annual dynamics of product's exports from Grenada in value, 2018-2024, $ US
    2. 6.1.3.2. Dynamics of product's exports in value from Grenada by countries, 2018-2024, $ US
    3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's exports, $ US/kg
    1. 6.1.4.1. Annual dynamics of average price of product's exports from Grenada, 2018-2024, $ US/kg
    2. 6.1.4.2. Dynamics of average price of product's exports from Grenada by countries, 2018-2024, $ US/kg
2. 6.2. Exports (Mirror Data)
  1. 6.2.1. Exports - Total information
  2. 6.2.2. Exports in kind, kg
    1. 6.2.2.1. Annual dynamics of product's exports from Grenada in kind, 2018-2024, kg
    2. 6.2.2.2. Dynamics of product's exports in kind from Grenada by countries, 2018-2024, kg
    3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.2.3. Exports in value, $ US
    1. 6.2.3.1. Annual dynamics of product's exports from Grenada in value, 2018-2024, $ US
    2. 6.2.3.2. Dynamics of product's exports in value from Grenada by countries, 2018-2024, $ US
    3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's exports, $ US/kg
    1. 6.2.4.1. Annual dynamics of average price of product's exports from Grenada, 2018-2024, $ US/kg
    2. 6.2.4.2. Dynamics of average price of product's exports from Grenada by countries, 2018-2024, $ US/kg
7. Imports
1. 7.1. Imports (Direct Data)
  1. 7.1.1. Imports - Total information
  2. 7.1.2. Imports in kind, kg
    1. 7.1.2.1. Annual dynamics of product's imports to Grenada in kind, 2018-2024, kg
    2. 7.1.2.2. Dynamics of product's imports in kind to Grenada by countries, 2018-2024, kg
    3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.1.3. Imports in value, $ US
    1. 7.1.3.1. Annual dynamics of product's imports to Grenada in value, 2018-2024, $ US
    2. 7.1.3.2. Dynamics of product's imports in value to Grenada by countries, 2018-2024, $ US
    3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's imports, $ US/kg
    1. 7.1.4.1. Annual dynamics of average price of product's imports to Grenada, 2018-2024, $ US/kg
    2. 7.1.4.2. Dynamics of average price of product's imports to Grenada by countries, 2018-2024, $ US/kg
2. 7.2. Imports (Mirror Data)
  1. 7.2.1. Imports - Total information
  2. 7.2.2. Imports in kind, kg
    1. 7.2.2.1. Annual dynamics of product's imports to Grenada in kind, 2018-2024, kg
    2. 7.2.2.2. Dynamics of product's imports in kind to Grenada by countries, 2018-2024, kg
    3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.2.3. Imports in value, $ US
    1. 7.2.3.1. Annual dynamics of product's imports to Grenada in value, 2018-2024, $ US
    2. 7.2.3.2. Dynamics of product's imports in value to Grenada by countries, 2018-2024, $ US
    3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's imports, $ US/kg
    1. 7.2.4.1. Annual dynamics of average price of product's imports to Grenada, 2018-2024, $ US/kg
    2. 7.2.4.2. Dynamics of average price of product's imports to Grenada by countries, 2018-2024, $ US/kg
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, kg
  2. 8.1.2. In value, $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, kg
  2. 8.2.2. In value, $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production bananas in Grenada

In kind, 2017-2020, t

Top producers of bananas, 2017-2020

Source: SHEV.io

World map of production of bananas, 2017-2020

Source: SHEV.io

Grenada's banana production volume declined for the third consecutive year. In 2020, the country produced 2,458 tonnes of bananas, representing a 35.0% decrease compared to 2019. Over the period from 2017 to 2020, production fell by 63%, with a compound annual growth rate (CAGR) of -28.2%.

Annual dynamics of production in Grenada in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(24.2%)	(24.9%)	(35.0%)	(28.2%)

Source: SHEV.io

Exports bananas from Grenada

Exports in kind, kg

Grenada's banana export volume increased for the second consecutive year. In 2019, exports reached 1,687 kilograms, marking a substantial year-over-year advance of 16.2%. Between 2017 and 2019, exports surged by 1,168.4%, equating to an annualized growth rate of 133.2%.

Annual dynamics of product's exports from Grenada in kind, 2017-2020, kg

Parameter		2018	2019	2020	CAGR
1	Change from last year	991.7%	16.2%	n/a	-

Source: SHEV.io

From 2017 to 2020, three principal markets—Trinidad and Tobago, the United Kingdom, and the United States—together accounted for 49.7% of Grenada's total banana exports in kind.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Grenada in kind, 2017-2020

Source: SHEV.io

Exports in value, $ US

There were noticeable fluctuations in market performance during this period. The span from 2017 to 2018 saw a peak-to-trough amplitude of 8.2 times. In 2019, Grenada's banana exports in value terms totaled 912 US dollars, showing a drop of 49.4% compared to the previous year. The maximum value was recorded in 2018 at 1,803 US dollars, with the largest increase also occurring in 2018 at 719.5%.

Annual dynamics of product's exports from Grenada in value, 2017-2020, $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	719.5%	(49.4%)	n/a	-

Source: SHEV.io

From 2017 to 2020, Trinidad and Tobago (17.5% of exports in value terms), the United Kingdom (13.1%), and the United States (4.5%) formed the main group of destinations for Grenada's banana exports in value terms, with a combined share of 35.1% of total flows.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Grenada in value, 2017-2020

Source: SHEV.io

Imports bananas to Grenada

Imports in kind, kg

In 2020, Grenada's cross-border shipments of bananas were recorded at 235 kilograms, reflecting a negligible variation compared to 2019. Between 2018 and 2020, imports decreased by 91.8%, equating to an annualized decline rate of 56.5%.

Annual dynamics of product's imports to Grenada in kind, 2017-2020, kg

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	n/a	n/a	-

Source: SHEV.io

From 2017 to 2020, Saint Vincent and the Grenadines and the United States dominated Grenada's banana imports in kind, together accounting for 100.0% of total flows.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Grenada in kind, 2017-2020

Source: SHEV.io

Imports in value, $ US

Grenada imported 393 US dollars worth of bananas in 2020, showing very little change from 2019. Between 2018 and 2020, imports decreased by 88.8%, equating to an annualized decline rate of 51.9%.

Annual dynamics of product's imports to Grenada in value, 2017-2020, $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	n/a	n/a	-

Source: SHEV.io

From 2017 to 2020, Saint Vincent and the Grenadines and the United States remained the two key markets for Grenada's banana imports in value terms, together taking 100.0% of total flows.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Grenada in value, 2017-2020

Source: SHEV.io