News

The evolution of the mango market in the US

Fresh Mango
Mexico
Published Apr 16, 2024

Tridge summary

The article provides an in-depth analysis of the current mango market in the United States, focusing on the export seasons and market dynamics of Peru, Mexico, Guatemala, and Nicaragua. It highlights the significant decline in Peru's mango exports by 66.9% due to Cyclone Yaku, affecting the Kent variety which is a major export. Meanwhile, Mexico's mango production is expected to see a slight increase, projecting 97 million boxes despite export challenges. Guatemala and Nicaragua are also experiencing growth in their mango exports by 6% and 7% respectively. The article also touches on the economic and social impacts of these market fluctuations, especially in Peru where the decline has led to unemployment and economic instability. Additionally, it compares Nicaragua's fruit shipments, showing a significant decrease from the previous year, and provides insights into pricing data for US domestic and imported fruits, as part of the In Charts series aimed at illustrating industry trends.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In this installment of the "Agronometrics in Charts" series, Sarah Ilyas reviews the state of the mango market in the United States. Each week, the series examines a different horticultural product, focusing on a particular origin or theme and visualizing the market factors driving change. Peru's mango export season is coming to an end following a drastic decline in volumes, while Mexico, Guatemala and Nicaragua are currently leading the way in harvesting and packaging. According to the National Mango Board, total mango volume shipped from week 14 to week 19 is anticipated to be approximately 1% higher year-over-year, with arrivals expected during weeks 15 to 20. Specifically, it is expected that for the 2024 Mexican season there will be a 2% increase in volumes compared to the previous year. An increase of approximately 6% is expected for Guatemala and a 7% increase for Nicaragua compared to 2023. The Peruvian mango export sector has experienced a significant decline during the ...
Source: MXfruit
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