Mango monthly review: September 2023

  • Published on 16/10/2023 - Published by GERBAUD Pierre
  • Free

A balanced market

In September, the mango market remained balanced. Demand was on the sluggish side, since because of inflation and falling purchasing power, households had to keep a closer eye on their food budget. The costs incurred due to the new academic year also deterred a section of consumers from food expenditure. Yet this quiet context in consumption terms was greatly disrupted by the Israeli and Spanish trading campaigns. Heavily scaled back by poor weather conditions during the blooming and fruit bearing periods, the production levels from these origins caused a general market under-supply. In September, Israeli shipments saw a distinct dip, while Spanish volumes, despite rising, did not manage to offset the supply trough. Furthermore, Brazil also supplied mangos, though at the same tempo as in previous campaigns, with primarily the Keitt and Palmer varieties. Ultimately, mango rates maintained a stable, high level throughout the month, with indeed a considerable rise at the end of the period as shipments of Spanish Osteen – the jewel of the origin’s sector – waned. Spain also shipped Irwin mangos (€4.50-€5.50/kg) and Kent mangos (€3.50-€4.50/kg) during the same period, though in limited quantities.

As the Israeli campaign wound down with the Shelly and then David varieties, the air-freight mango market saw the same trajectory as the sea-freight mango market. The protracted Mexican and Egyptian campaigns could not make up the fruit shortage. Kent exports from Brazil only partially offset the under-supply, with modest quantities and produce of highly variable quality. However the quantitative shortfall benefitted this origin, with strong and high sale prices.

    

mango - europe - incoming shipments sept 2023

    

mango - france - import price sept 2023

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