The production of small-sized mangoes in Peru has saturated the market and put downward pressure on prices

Published 2024년 12월 18일

Tridge summary

The Peruvian mango campaign for 2024 faces challenges due to recovery from low production in the previous year and water crisis in Piura, leading to high logistics costs and market saturation with smaller mangoes. Strong competition from Brazil, which offers cheaper mangoes, has impacted Peru's market share in Europe. Despite these challenges, Servinca Export aims to export nearly 100,000 boxes of mango this season, focusing on air transport and diversifying its portfolio to include other products like avocado, blueberry, and asparagus. The future of Peruvian mango export depends on overcoming logistical challenges and maintaining quality.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

(Agraria.pe) The Peruvian mango campaign, which in 2024 faced a cycle marked by challenges and strategic adjustments, began with an unusual advance and abundant production with significant challenges. According to Richard Marillo Núñez, general manager of Servinca Export, "in last year's campaign, production was extremely low, reaching barely 20% of the usual levels due to unfavorable weather conditions. This generated high prices in the market both at origin and destination, but limited Peru's ability to supply key markets, such as Europe, which allowed competitors such as Brazil to occupy part of the Peruvian market share." "This year, production recovered significantly, reaching 80%. However, the campaign started early in October due to weather conditions, which complicated marketing as it coincided with the supply from Brazil. In addition, due to the water crisis that the Piura region has been going through, which has not allowed the fruit to fully develop, the production of ...
Source: Agraria

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