The boom in the global tropical fruit market will come to a halt in 2022
Published Mar 10, 2023
Original content
For the first time in more than a decade, global trade in tropical fruits – pineapple, avocado, mango, papaya – contracted in 2022 to below $10 billion, down 5% from 2021 according to preliminary FAO data. In volume, mango, mangosteen and guava exports would fall by 5% to 2.1 million tonnes (Mt), those of pineapple would contract by 5% to 3.2 Mt, those of avocado by 6% to 2 .4 Mt and those of papayas by 1% to 370,000 tons. But this contraction does not mean that consumers are losing love for tropical fruits. It is supply that is the main factor to which are added persistent bottlenecks in global supply chains. Unfavorable weather conditions have led to production declines in several major tropical fruit production areas, particularly for supplies of pineapples from Costa Rica and avocados from Mexico. As for Ukraine, it imported some 20,000 to 30,000 tons of the main tropical fruits per year, mainly avocados and pineapples from Peru and Costa Rica. High prices but shrinking ...
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