Seasonal swings in Sri Lanka’s mango market, balancing act with economic insights

Published 2024년 7월 9일

Tridge summary

Sri Lankan mango growers are experiencing financial difficulties due to fluctuating market prices despite increased cultivation and production. Anuradhapura has become the leading area for mango cultivation, and exports have grown, but seasonality causes significant price volatility, affecting growers' incomes. This volatility also impacts low-income households who rely on mangoes for essential nutrients. To address these issues, a multi-pronged approach is suggested, including promoting value-added products, optimizing logistics, forming farmer clusters, and enhancing export potential. Coordinated efforts among value chain actors and ongoing initiatives are crucial for stabilizing prices and ensuring year-round availability.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Despite investing in high-yielding cultivars, growers face unpredictable income due to fluctuating market prices, creating financial strain Growth and distribution of Sri Lanka’s mango cultivation Mango is the most widely cultivated fruit crop after bananas in Sri Lanka. According to the Department of Census and Statistics (2023), the average mango cultivation area over the past five years (2018-2023) has expanded by 6.9%, reaching 28,372 hectares, compared to the 2002-2007 average. Furthermore, national mango fruit production has demonstrated a remarkable rise of 12.2%, with an increase per hectare of mango fruit production by 5% (Figure 1). Sri Lanka boasts a longstanding tradition of mango cultivation. Mangoes are the third-highest consumed fruit in terms of value, following only bananas and papayas. The traditional cultivars ‘Betti’, ‘Karthacolomban’, ‘Vellaicolomban’, ‘Kohu’, and ‘Villard’, and the modern cultivar ‘TomEJC’ have become dominant players within Sri Lankan ...

Source: Ft