Plátano de Canarias price might drop in June

2025-05-02

Many Spaniards have noticed that the price of Canary Islands bananas is higher than in previous years. A farmer has explained the factors behind this price increase and when it might decline.

The anticipated decrease in price depends on several factors, one of which is demand. Prices are expected to fall when demand decreases, possibly in June when schools close.

Regarding the high prices, the farmer stated, "This is because there aren't enough bananas." The reasons for this shortage are multiple. In December, strong winds hit the Canary Islands, destroying many banana plantations and greenhouses and significantly affecting production.

Additionally, the cold temperatures at the end of winter have impacted banana growth. The farmer noted, "If you notice, nighttime temperatures drop significantly, which slows the growth of banana bunches."

Now, the big question: When will the price of bananas go down? The farmer pointed to physical and demand-related factors: "Prices will drop when the weather warms up and the banana bunches start filling out."

Another key factor to consider is supply and demand. The farmer explained, "If fruit demand is high, prices rise. When will demand decrease? Demand drops when schools close, when melons and watermelons are available at good prices, and when stone fruits begin to appear."