The mango market is currently under-supplied. Fewer volumes are coming in from Peru and Brazil. The Brazilian season has nearly come to an end, and Peru began later. Both countries were only able to ship small numbers in the first three weeks of the year. "Prices are rather high because of this," says Eryvan Pires of Fruitmarket. "And that will continue for a few weeks, because until week 6, shipments from Peru will be very limited. This means the market has controlled volumes until week 9."
Good prices
The prices are about 25% above the annual average. Eryvan is satisfied with the price levels. "This is good for all parties involved: growers, importers and consumers. When prices go down too much, only the traders profit, while the grower suffers."
Big contrast
Eryvan explains that mango is a biennial crop. "One year there is too much, the next year less comes in. But the weather has also affected the productions in Peru and Brazil. The Brazilian harvest was late this year, and Peru is also facing a delay now. At the moment, only a few shipments with 'fibreless' varieties are arriving from Brazil. The shipments from Peru will increase weekly, starting next week." Compared to the same time last year, he sees a big contrast. "Back then, there were a lot more mangoes. During the first weeks of the year, there was excess supply, we were still going through the stocks from Brazil when Peru also came with many volumes."
Satisfied
Looking back on 2014, he says it was a positive year for mangoes. "The quality from all origins was generally good. The prices for growers from Peru, Spain and Brazil, the main suppliers, were satisfactory and good volumes were sold."
For more information:
Eryvan Leal Pires
Fruitmarket Agribusiness BV
Lichtenauerlaan 102-120
3062 ME Rotterdam, NL
Ph: +31 10 340-0125
Skype: eryvan
www.fruitmarket.com