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Mexican mango exports continue to grow in 2020

According to data from the Ministry of Agriculture, during the first semester of 2020, Mexican mango exports registered a 7.1% year-on-year growth in value, totaling 201.4 million dollars, and 2.4% growth in volume, with 238,200 tons. In the last decade, Mexican mango exports have experienced significant growth, going from 128 million dollars in 2009 to 422 million dollars in 2019.

Mango exports
According to the Food and Agriculture Organization of the United Nations (FAO), it is estimated that worldwide exports of mango, mangosteen, and fresh guava increased by up to 2 million tons in 2019, which represents a 23% year-on-year increase. This increased positioned this product group among the fastest-growing tropical fruits in 2019.

The main driver of this strong positive development was Thailand's nearly 90% increase in exports, which are estimated reached 480,000 tons in 2019.

World production of mangoes, mangosteens, and guavas is projected to reach 72.8 million tons in 2029, increasing by 2.9% per year over the next decade.

According to forecasts, Asia, the largest mango and mangosteen producing region, will have a 71% share of the world production in 2029 and a per capita consumption of 12.1 kilograms, going up from the 9.8 kilograms consumed in the base period. This increase will be mainly due to income growth and changes in food preferences in the world's two main consuming countries, India and China.

Trends
Per capita consumption in both countries is expected to increase by 2 to 3% per year during the period covered by the projections reaching 17.6 kilograms in India and 4.3 kilograms in China by 2029.

India's mango production is largely destined for informal local markets and is forecast to amount to 26.7 million tons in 2029, i.e. 36.6% of the world's production.

Imports from China, which has a comparatively low mango domestic production and is expected to produce 5.8 million tons in 2029, are forecast to grow by 5.1% per year due to the strong increase in demand for mangosteen, accounting for 21% of the total volume of world imports in 2029.

Mexico, the world's leading supplier of mangoes, is expected to benefit from higher imports from its main market, the US. It is also expected to grow by 4% each year during the projection period, reaching a global volume share of 25.7% in 2029.

 

Source: opportimes.com 


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