Mango prices rise in the US due to a drop in volumes in South America

Published 2023년 11월 9일

Tridge summary

The United States mango market is currently experiencing tight supply and rising prices due to increased demand. Brazil is currently the dominant player in the market, as Ecuador and Peru have faced disruptions in their mango production due to adverse weather conditions. The reduction in Ecuadorian and Peruvian mango volumes is expected to have a significant impact on the overall mango industry, leading to limited production and potential phytosanitary problems.

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 specific origin or theme and visualizing the market factors driving change. Currently, mango supply is tight and, as a result of increased demand, prices have risen considerably compared to the same period last year. "About three weeks ago, prices on the East Coast were between US$8 and US$9. Currently they are around US$14," says Jesse García of LA Produce Distributors. Once the costs associated with transporting the fruit to the West Coast are incorporated, prices are close to the range of 17 to 18 dollars. Below, we take a look at the evolution of the mango season in the main mango-producing regions of South America. "The mango market is global, and countries influence each other. For example, there is currently a high demand for Brazilian mangoes in the United States. ...

Source: MXfruit