Mexican mango exports increased 7.1 percent year to year in value, totaling $201.4 million, during the first semester of 2020, according to data from the Ministry of Agriculture.
In terms of volume, there was a 2.4 percent increase, totaling 238,200 tons. Mexican mango exports have had tremendous growth in the last decade, gong from $128 million in 2009 to $422 million in 2019, as reported by Opportimes.
According to the Food and Agriculture Organization of the United Nations (FAO), it’s estimated that worldwide exports of mango, mangosteen, and fresh guava increased by up to 2 million tons in 2019, representing a 23 percent year to year increase.
This growth has positioned this product group among one of the fastest growing tropical fruits in 2019 with one of the main drivers behind this being Thailand’s 90 percent increase in exports, which were estimated to have reached 480,000 tons in 2019.
It’s estimated that worldwide production of mangos, mangosteen, and guava will reach 72.8 million tons in 2029, with an increase of 2.9 percent per year over the next decade.
As a native region to mangos and mangosteens, and as the largest producer of them, it is forecasted that Asia will have a share of 71 percent of worldwide product in 2029, with a per capita consumption of 12.1 kilograms, an increase from the 9.8 kilogram consumed in the base period.
Income growth and changes in food preferences in India and China, the world’s two main consumers, will be the main cause of this increase.
Both countries are expected to experience an increase in per capita consumption of 2 to 3 percent during the period covered by the projections, reaching 17.6 kilograms in India and 4.3 kilograms in China by 2029.
Mango production in India is manly destined for local markets and is predicted to reach 26.7 million tons in 2029, that is to say, 36 percent of the worldwide production.
In China, local production is comparatively low and is expected to reach 5.8 million tons in 2029 while imports forecasted to grow by 5.1 percent per year as a result of the strong demand for mangosteen, accounting for 21 percent of the total volume of world imports in 2029.
As the worlds leading mango supplied, Mexico is expected to benefit from an increase in demand from its major market, the U.S. Its expected to grow 4 percent each year during the projection period, reaching a global volume share of 25 percent in 2029.