Overview of the world mango market

Published 2022년 11월 11일

Tridge summary

Political unrest in Brazil and heavy rainfall have led to a decrease in mango shipments, resulting in a shortage and a surge in prices in Europe. Additionally, weather conditions have affected harvests in Europe, South Africa, and Spain, contributing to the supply shortage. Despite these challenges, demand for mangoes remains strong, further driving up prices. The situation is expected to stabilize in November and December, but prices may drop in December or January, depending on the volume of harvest from Peru. In the meanwhile, mango prices in Germany and Italy are within expected ranges, with Spanish and Brazilian mangoes available in Germany and only Spanish mangoes in Italy, where prices are high due to low consumption and high export costs.

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

Original content

The prices of mangoes are high for this time of year, especially in Europe, it seems. Due to the political unrest after the recent elections in Brazil, the usual shipments from this country are missing. Recent rainfall has also affected the harvest, slowing it down and further limiting the current supply. Europe itself has also had its own weather issues, with last summer's heatwaves leading to an oversupply of smaller calibre mangoes, and a similar scenario in South Africa, where the harvest also started late. However, demand generally remains good at the moment, which, combined with the lower supply, has pushed up mango prices. The Netherlands: Little supply, high mango prices. Good prices are currently happening on the mango market. "There is quite a lot of demand and the supply from Brazil is very limited. That currently results in a price level of around 8-9 euros," says a Dutch importer. "It will also be tight in the coming weeks, the unrest in the country following the ...

Source: AGF