Mango monthly review: February 2023
- Published on 6/03/2023 - Published by GERBAUD Pierre
- Free
Distinct improvement
After a heavy January, due to the magnitude of the volumes placed and the stocks built up at the end of 2022, sales conditions in February saw a distinct improvement. The temporary fall in shipments from Peru and regularity of shipments from Brazil, as well as major promotions in most European countries, helped clear up the market. Mango rates out of Peru, the dominant supply origin, gradually rallied in the first half of the month, before stabilising until the end of the period. The dip in the Peruvian supply was attributable to the change in harvest zone, with the switch to the Motupe and Casma regions as the Piura region closed down. The destination of the flows also contributed to this trend, with increased shipments to the North American markets. The last Kent mangos from Brazil sold until the middle of the month at lower prices than for competing fruit, with this origin abandoned by purchasers in favour of Peru, which remained on supermarket sector listings until May. Brazil saw its supply go through changes, with the Palmer variety becoming dominant, taking advantage of the improved market conditions, but also lower prices.
The air-freight mango market had a more mixed February. The stop-start shipments led to price variations, which reached up to €6.00/kg when shipments subsided. Conversely, many batches of advanced maturity were valued on a footing of €4.00-€4.50/kg. The receipt of air-freight quality sea-freight mangos muddled up the selling conditions, with this fruit offered at €3.00/kg. The last Brazilian mangos struggled to sell in the first half of February, before disappearing completely.
mango - france - import prices february 2023
