Asia Edition
A late mango season in the Northern Territory has forced the price of mangoes to drop severely. Despite the season nearly being over, the damage had been already done, as local mango farmers had no choice but to leave fruit unpicked on their trees late last year.
A timing issue caused the Northern Territory and North Queensland mango seasons to coincide in December 2022, pushing more mangoes onto the market causing the price to drop considerably.
Australian Mango Industry Association chief executive officer Brett Kelly said prices are beginning to stabilise but much of the damage had already been done: “The key issue is that it has been a late start in the Northern Territory and straight into the North Queensland season. You have all this volume in the market at the one time and with supply and demand, it has put a lot of pressure on price which has made it very difficult for growers."
"It is starting to level out but unfortunately the season tends to start in the Northern Territory, onto North Queensland then it goes down into South-East Queensland then around to Western Australia. You will see pricing start to go up but the unfortunate part is the bulk of the volume has already be done.”
Source: theexpressnewspaper.com.au
