Peru and Ecuador: We are at the height of the mango crisis

Published 2024년 1월 22일

Tridge summary

Due to the consequences of El Niño, both Ecuador and Peru are facing a shortage in the mango market, with Peru having only sent 18-20% of the expected mango supply. This shortage has caused high prices, with mangoes in Miami being sold for up to $3.99 each, instead of the usual $3-4. Despite the current crisis, there is hope for improvement as Mexico is expected to begin importing mangoes in mid-February and other countries like Guatemala and Costa Rica are expected to have offers in March and April.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

(Agraria.pe) The lack of supply in the mango market continues, since both Ecuador and Peru face the consequences of El Niño. Ecuador's mango season is ending, and although Peru began harvesting a while ago, it seems the country is still trying to get going. “To date, Peru has sent around 18% and 20% of what they were supposed to send,” highlights Albert Pérez, of Continental Fresh. For months, there has been talk about how Peru and Ecuador would be affected by El Niño and supply was expected to be reduced by 60 to 70 percent. “That would have been a significant drop, but we didn't know it would be so drastic,” he adds. High prices “It is difficult for producers and exporters to comply with contracts due to the tremendous shortage in the market,” Pérez continues. On the other hand, retailers strive to keep the product on the shelves. In addition, they face high prices, as producers demand high prices due to the low volume available. “Here in Miami, I see mangoes in the store for ...
Source: Agraria

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