Skip to main content

U.S.: Mango prices surge amid low supplies and high demand


Overview of mangoes supplies in U.S. market, by Crespo Organic, complemented by charts from Agronometrics.



Original published in FreshFruitPortal.com on April 24, 2020

Prices of conventional mango in the U.S. market have surged over recent days due to a combination of multiple factors, according to Crespo Organic.

Reported prices (USD) of Tommy Atkins mangoes in U.S. market., 2016-2020.


Source: USDA Market News via Agronometrics.
(Agronometrics users can view this chart with live updates here)

The company said it's essentially "a demand and supply issue that’s fueled by an unforeseen much higher than anticipated demand in the mass market sector, coupled with less than forecasted supplies - during the complicated timing of a regional transition and Covid-19."

Early rains in the southern production region of Oaxaca last week largely brought that season to an abrupt end, the company said.

Many conventional sellers found themselves scrambling for product amid large national retail promotions for Cinco De Mayo.

Further north, Michoacán - an important conventional production region - started late, causing some supply issues. It is expected to peak early with lots of small fruit. With Oaxaca’s abrupt ending, big fruit is high in demand and low in supply.

"Conventional dealers are scrambling and that anxiety is wreaking havoc on prices," Crespo said.

"Organic fruit this time of year is typically lower in volume with the regional shift, and with the lower supply of conventional, the convention stress seeps into what was our smooth running (quiet) consistent demand and supply machine."

The company explained that even in the middle of the pandemic, things have been rather smooth in the organic sector.

Crespo Organic said it's raising prices to align with the conventional markets and to limit the stress on its organic systems. Demand for organic and conventional mangoes is "incredibly strong" and predicted to stay strong for a while, it said.

The company expects supply to come back in line with the high demand. Nayarit’s entry will take a lot of pressure off the system and is expected to start with Ataulfos in early May and Tommy Atkins in mid-May.

"New prices were sent out today effective mid next week and we expect those prices to hold while the supply catches up with the demand," Crespo said.

The News in Charts is a collection of stories from the industry complemented by charts from Agronometrics to help better tell their story.

Access the original article with this (Link)

Popular posts from this blog

Agronometrics in Charts: Demand for berries skyrockets in 2021

This time for the ‘In Charts’ series we will give an update as to how the average prices of berries have been behaving. Specifically, we will look at the prices of blueberries, raspberries, strawberries, and blackberries in the United States market and compare them with previous seasons. An increase in demand, brought on by the tendency to consume “superfoods” such as berries during the Covid-19 pandemic, seem to have pushed prices up despite the fact that volumes imported by the United States have been similar or higher than those of previous years. Let's look at each particular case: Blueberries Blueberry prices experienced a significant increase from week 3 of 2021, showing the highest prices of the last 5 seasons for the same date. If we observe the following chart, we can see that, for week 7 of 2021, the average price of conventional blueberries was $7.60 per kilo. This is 24 percent higher than in 2020 when the average price was $6.14 per kilo. Volumes for blueberr

Peru's blueberry oversupply takes its toll on export price

Overview of the Peruvian blueberry season, complemented by charts from Agronometrics.   Original published in FreshPlaza.com   on November 25, 2020  This year's Peruvian blueberry season began in June with the export of 1,010 tons worth 5 million dollars. These figures represented a 25% increase in volume and a 77% increase in value over the same month of 2019. The lower production in the northern hemisphere due to weather problems allowed producers to achieve attractive prices of $ 5.15 per kilogram in June. Volume (in Kg) of blueberry from Perú in the US market Source: USDA Market News via Agronometrics . (Agronometrics users can view this chart with live updates here ) The good reception of Peruvian blueberries and the increase in prices encouraged exports during July, a month in which the country shipped 4,808 tons (+ 108%) for 26 million dollars (+ 102%). In this month, the increase in the Peruvian supply generated a slight 3% fall in the typical prices of the month,

Tight raspberry volumes make for more “normal” pricing

Overview of the raspberry supply by Ben Escoe of Twin River Berries, complemented by charts from Agronometrics. Original published in FreshPlaza.com   on May 12, 2021  “They’re starting to pick up, but it’s been tight--really tight,” says Ben Escoe of Twin River Berries in Portland, OR, noting this largely has to do with the weather conditions in Mexico. “It’s been cold and windy there which has caused damage in the fields and contributed to the low supply. Year over year, the volume is comparable or even better. But demand is high and forecast to actual supply has been lower.” Mexico grows raspberries for most of the year, stopping only for the rainy season which begins at the end of June or early July. Meanwhile California’s volume won’t really begin until the middle to the end of May. Volumes (in Kg) of raspberries from Mexico in the US Market​ Source: USDA Market News via Agronometrics . (Agronometrics users can view this chart with live updates here ) Higher berry deman