Brazil breaks export record with mangoes produced in the Northeast

Fresh Mango

Fruits

Brazil

Market & Price Trends

Published Mar 24, 2024

Tridge summary

In 2023, Brazilian mango exports hit a record high, generating around US$315 million in revenue, up from US$249 million in 2021. This was largely due to crop failures in other countries and the ability to produce mangoes year-round in the São Francisco Valley, despite a slight decrease in national production. The majority of these exports came from the Northeast region, particularly the São Francisco Valley. Internationally, the main markets are the European Union, especially the Netherlands, followed by the United States, Spain, the UK, and Portugal. The company Agrodan saw a significant increase in revenue and profit, with a 40% growth in its average selling price and annual profit.

Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

Brazilian mango exports reached historic marks in 2023, generating revenue of approximately US$315 million. The value surpassed US$249 million in 2021, the most profitable year so far. Export volumes increased by 15% compared to the previous year, with around 266 thousand tons. The data comes from the Ministry of Development, Industry, Commerce and Services and was reprocessed by Embrapa's Mango Market Observatory. Around 93% of the mangoes exported by the country came from the São Francisco Valley, in the Northeast region, especially from the states of Bahia and Pernambuco, which account for 47.36% and 45.42% of exports, respectively. The remainder came from São Paulo (3.25%), Rio Grande do Norte (2.54%) and Ceará (0.79%). The good results were achieved even though there was a slight reduction in national production in 2023, which was estimated at 1.2 million tons – slightly less than the 1.5 million tons in 2022. According to the coordinator of the Observatory of Mango Market, ...

Source: CanalRural