CA2320EN.pdf

Mangoes mango mangosteen and guava global exports of

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MANGOES (MANGO, MANGOSTEEN AND GUAVA) Global exports of mangoes increased by approximately 7 percent in the first half of 2018, to an estimated 1 million tonnes, suggesting that total exports in 2018 could reach 1.9 million tonnes. The two leading mango suppliers, Mexico and Peru, registered significant growth in exports, expanding their shipments by 9 percent and 39 percent, respectively. While Mexico ships approximately 85 percent of its produce to the US, Peru mainly caters for the European market. Demand for mangoes remained strong in the two key import markets, the US and EU, supported by the fruit’s unique flavour and its novelty compared with 2 In the absence of reported price data for the commodities in question, indica- tive unit values were calculated from trade values and quantities in selected markets, and are an assumed proxy for international prices. more common fruits such as bananas and pineapples. While indicative EU import unit values for mangoes have continued to display strong seasonal fluctuations, ample demand resulted in increases from USD 1 650 per tonne in January 2018 to USD 2 500 per tonne in August 2018. AVOCADOS Global exports of avocados reached an estimated 1.2 million tonnes in the first half of 2018, a 22 percent increase over the same period of 2017, on account of ample production growth in Mexico, the largest supplier globally, as well as a significant expansion of supplies from emerging producers, namely Peru, South Africa and Kenya. The overall expansion points to exports likely reaching 2 million tonnes in 2018. Mexico shipped about 75 percent of its produce to the US, while exports from all three emerging suppliers were primarily destined to the EU. Driven by rising consumer preferences, avocado has ranked as one of the most demanded tropical fruits in recent years, as reflected by its rising export earnings. Such ample market potential has stimulated investments in avocado production, leading to an expansion not only in established producing countries, but also in emerging production areas. Following the weather-induced shortages in avocado supplies experienced during 2017, which sent prices soaring, indicative import unit values of avocados were strongly affected by the higher volumes of supply in 2018, and declined from a peak of USD 3 040 per tonne in February 2018 to USD 1 970 per tonne in August 2018. PAPAYAS Global exports of papayas declined to an estimated 167 000 tonnes during the first half of 2018, down 18 percent compared to 2017, on account of adverse weather conditions in Mexico, the world’s leading supplier. Based on this pace, papaya exports in 2018 could decline to 285 000 tonnes. Papaya supplies from Mexico are exclusively destined to the US market, where demand for the fruit is particularly strong during the summer months of the northern hemisphere. In light of low supplies, Mexican exports to the US experienced a 24 percent year-on-year decline during the period January-June 2018 – a gap which could not be filled by Mexico’s main competitors, Guatemala and Brazil.
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