In 2020, the production of Xiaptaonong mangoes in Hainan was limited, and the market demand was strong. Some growers were reluctant to sell but the market demand was unabated, eventually leading to high prices. However, this year is different. Prices have been declining since the beginning of the season. The market has even seen prices as low as 1.8 yuan per half a kilo.
A frustrated grower in Hainan said, “There are mainly two reasons for this. First, Hainan as a whole is seeing a bumper harvest. The production has increased significantly compared with last year, and the market price is naturally under pressure. Secondly, more imported mangoes are pouring into the Chinese market, such as Cambodian mangoes, which poses a threat to local products, including products from Hainan."
"Since last month, a large volume of Cambodian mangoes have come into the Chinese market. Their costs, including land leases, labor costs, and logistics costs, are lower than ours. Therefore, Cambodian mangoes are having an impact on the Chinese mangoes, whether in volume or in prices.” He explained.
In fact, not only mangoes from Hainan but local Golek mangoes available on the market soon are also facing the same situation. Although these mangoes are available earlier this season, the overall market is not optimistic. A grower in Yunnan said, “This year, the production of most production areas in China has increased, and the volume of imported mangos is also high. Although the varieties are different, consumers now have more choices, which will naturally affect sales. Thankfully, there has been less rain in the production areas this year, and the overall quality is good."