The chart illustrates how much money was required for bananas in Japan, France, Germany, and the USA from 1994 to 2004.
Overall, four countries underwent considerable changes in banana costs, with Japan seeing the highest in 1995 and France witnessing the lowest in 2003. Meanwhile, banana prices in the USA slightly fell at the end of the period.
Specifically, banana costs in Japan, whose starting price was 1,9$, rose to a peak of about 2,8$ in 1995, twice Germany’s. Nevertheless, one year later it plummeted to 2$ but then recovered slightly to about 2,2$. In 2001, there was a significant drop in the amount of money paid for this fruit, which hit its lowest point at 1,5$. However, after this, it bounced back to 2,5$, ranking first in the chart. Moving on to France, which had the second highest banana price, its figure virtually hovered around 1,75 in the first 5 years, despite experiencing a slight fall to 1,5$ in 1998 and a slight increase to 1,8 in 1999, surpassing Japan. However, from 2002 to 2003, France residents only had to pay 1$ per kilogram, which was the lowest price. At the end of the period, it made a recovery to 1,5$ per kilogram.
Germany witnessed a radical change over time, fluctuating around 1,4$ from 1994 to 2000 and then falling to 1,2$ in the last 3 years, surpassing the banana costs of France in 2002. Furthermore, with the starting point at the lowest (under 1$ per kilogram), the USA’s banana expenditure spiked to 1,2$ in 1995, then dropped to 1$ in 1997. A steady increase was seen after that, but its figure decreased relatively until it reached 1,2$.