Mango prices in China see sharp rise in November

Published 2024년 12월 26일

Tridge summary

In November, China experienced a limited domestic mango supply, with the majority of fruits sourced from Hainan, and smaller contributions from Yunnan and Sichuan provinces, totaling around 20,000 metric tons. This led to a significant increase in farm gate prices, which were three to four times the peak levels from June to August, and a 12.3% rise in the average wholesale price in producing regions compared to the previous year. The article also discusses the seasonal nature of domestic mango prices, the regional variation in prices, and China's mango export dynamics over the first 10 months of 2024. Exports to Asia, particularly Vietnam, Russia, and Hong Kong, saw a 108% and 107% increase in volume and value, respectively, compared to the previous year, driven by high demand and competitive pricing.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In November, China’s domestic mango supply was limited, with the fruit primarily sourced from Hainan alongside smaller contributions from high-altitude regions in Yunnan and Sichuan provinces. Nationwide production for the month totaled approximately 20,000 metric tons, and the main varieties available were Jinhuang (金煌), Tainong (台农), Guifei (贵妃) and Keitt. Owing to the limited supply, farm gate prices surged to three to four times the peak levels recorded between June and August. The average wholesale price in producing regions rose to 11.5 Chinese yuan ($1.58) per kilogram, representing a 12.3% increase compared with the same period of last year. Hainan’s production faced challenges due to heavy rainfall between September and November, disrupting crop management and affecting both fruit quality and market demand. A significant portion of the harvest is anticipated to reach the market after the Tomb Sweeping Festival in April 2025. This delay has constrained efforts to boost ...

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.