Announcements

Vacancies

Specials more

Top 5 - yesterday

Top 5 - last week

Top 5 - last month

Major Tropical Fruits Market review - Preliminary results

World exports of major tropical fruits estimated to fall by some 5 percent in 2022

The Major Tropical Fruits Market Review Preliminary Results are issued on an annual basis to Members and Observers of the Subgroup on Tropical Fruits of the Intergovernmental group on Bananas and on Tropical Fruits, which is a subsidiary body of the Committee on Commodity Problems (CCP).

The Team on Responsible Global Value Chains provides research and analyses on global value chains for agricultural commodities, and economic data and analyses on tropical fruits.

Developments at a glance

  • World exports of major tropical fruits are estimated to fall by approximately 5 percent in 2022, to just below USD 10 billion in constant 2014–2016 dollar terms, marking the first decline in over one decade.
  • Production shortages from the major production zones, including a steep drop in global supplies of avocado, have been the main reason hampering a sustained expansion in trade in 2022.
  • High costs for airfreight, meanwhile, have been reported as impeding higher growth prospects for papayas.

Expected developments by commodity in 2022:

  • Global exports of mango, mangosteen and guava are estimated to decline by 5 percent, to 2.1 million tons.
  • Global pineapple exports are expected to contract by 1.5 percent, to 3.2 million tons.
  • Global exports of avocado are expected to fall by 6 percent, to 2.4 million tons.
  • Global exports of papayas are expected to grow by 1 percent, to 370 000 tons.

Amid higher costs, lower supplies and ample global import demand, world average export unit values of all four major tropical fruits have been displaying an overall strong tendency to increase. Indicative average wholesale prices in the United States of America have been similarly displaying a strong tendency to increase for most major tropical fruits, with the exception of papayas, whose average wholesale prices have remained relatively unchanged from the previous year, albeit at a high level.

Click here to read the full report.

 

Source: fao.org


Publication date:



Receive the daily newsletter in your email for free | Click here


Other news in this sector:


Sign up for our daily Newsletter and stay up to date with all the latest news!

Subscribe I am already a subscriber

You are using software which is blocking our advertisements (adblocker).

As we provide the news for free, we are relying on revenues from our banners. So please disable your adblocker and reload the page to continue using this site.
Thanks!

Click here for a guide on disabling your adblocker.