Balancing production and pricing on Peruvian and Mexican mangoes

From Fresh Plaza | 14 February 2023

Overview of mangos from Mexico and Peru in the U.S. market, complemented by charts from Agronometrics. Original published on February 13, 2023. 

Growers and shippers are hoping that the mango market in Canada will stabilize now that Mexico is well underway with production. “We had a very difficult market with an overflow of product from northern Peru. They had too much product and too many new shippers of mango and that has affected the sales of the start of Mexico,” says Giorgio Ceciarelli of GC Imports based in Toronto, Canada.

Peru, which will stay in production until March, is currently shipping the Kent variety. “We’re still seeing a lot of fruit from Peru. Now that the north of Peru has finished, they’re going to the south of Peru which is more expensive and less abundant,” says Ceciarelli, who says the country began shipping its red mangoes starting at the end of December. “Hopefully that will help stabilize the market so Mexico can drop the price a little bit and the flow of mangoes can restart.”

mango volumes by origin

Source: USDA Market News via Agronometrics.
(Agronometrics users can view this chart with live updates here)

Start of Mexico

Indeed, Mexico began its season in the second half of December with higher-priced Ataulfo mangoes on its low crops in southern regions in Mexico including Chiapas and Oaxaca. “The crops in Mexico are also smaller than other years and the price has been higher and this has slowed down the market overall,” says Ceciarelli. “The market has been slow since the start of this new year. I believe the overall consumption of mango has gone down.”

However as Mexico brings on more growing regions and moves closer to its peak production season, April to July, pricing will likely come back down again as the volume rises from those regions collectively.

The News in Charts is a collection of stories from the industry complemented by charts from Agronometrics to help better tell their story.

Access the original article with this (Link)

Leave a comment

Your email address will not be published. Required fields are marked *

Share via
Copy link
Powered by Social Snap