The Peruvian mango industry is facing a significant reduction in production, with a 90% decrease in frozen mango production. This has led to a price increase and a decline in quality, affecting exports to Japan and Korea. Dominus, a major Peruvian producer, is diversifying and importing products to mitigate the impact. Meanwhile, Vietnam is emerging as a significant competitor in the mango industry, potentially becoming an alternative supplier for the European and US markets, which are facing a shortage of South American supplies. This development is being closely monitored as it could reshape the global mango market.
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
The last projection made by the Peruvian mango industry had estimated a reduction of 76% compared to the volume of the previous campaign. In this context, Johanna Mateo, Dominus' frozen commercial manager, maintains that the decrease in frozen mango production would reach 90% compared to the last campaign. «At Dominus, we have significantly experienced volume decline; In a normal campaign, we used to process around 350 containers, but currently, we have handled only 25, which is approximately 10% of our usual production capacity,” he says. “Some of our clients have accepted the new prices that we are offering in the market. However, other customers, unfortunately, have not been able to reach these price levels and have been forced to source from other sources. An example is Vietnam, which has entered significantly this season with very competitive prices,” he says. Strategies Mateo highlights that frozen mango is the company's star product, but due to the current situation, they ...
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