Signs of recovery in the US fresh mango market after shortages in early 2024

Published Aug 8, 2024

Tridge summary

In 2024, the United States fresh mango market faced a significant challenge with a 22% decrease in imports, leading to a surge in retail prices. This decline was largely due to a 71% reduction in mango shipments from Peru, which suffered production setbacks due to unusual weather conditions. Although Mexico continued to be the primary mango supplier, its exports also saw a 5% drop. The suspension of US inspections of Mexican mango and avocado shipments further exacerbated the situation. Despite a rebound in import volumes by July 2024, retail prices remained higher than in 2023.

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

Original content

In early 2024, the fresh mango market in the United States faced major challenges, with a significant decline in import volumes contributing to rising retail prices. During the first five months of this year, fresh mango imports decreased by 22% compared to the same period last year. This decline was mainly attributed to a substantial reduction in mango shipments from Peru, the second largest mango exporter to the United States. Peruvian production faced serious setbacks due to unusually warm temperatures and the adverse effects of El Niño during the flowering period, which significantly reduced production. As a consequence, Peruvian mango imports fell by 71%, creating a notable gap in supply during a crucial period. By contrast, Mexico - the main mango exporter to the United States - usually ships fruit from January to October, with peak volumes in June or July. Mangoes from this country represented on average 64% of import shipments between 2019 and 2023. However, from January ...

Source: MXfruit