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Industry News | 3 min read
Miguel Angel Miranda
February 2, 2023
Miguel Angel Miranda
February 2, 2023

Early mango flowering in Mexico could benefit prices.

This year’s mango flowering could occur weeks earlier than expected, according to ProducePay’s Field Operations team. There has been early flowering in some orchards in Jalisco and Nayarit, and in Oaxaca some crops have already been harvested.

In Mexico, mango flowering peaks between March and April, the time of year when warm soil and environmental temperatures create ideal conditions for the trees to achieve their maximum growth potential and flower production. However, during the last few years mango production has begun a few weeks later than expected.

The impact of early flowering on prices

An earlier flowering date, by even a couple of weeks, creates the possibility of a lower domestic peak this year compared to past ones, which historically occurs in June. Therefore, it is possible that the price may not decrease that much in the mid-year, since there would be a constant supply during the previous months.

In 2022, the Ataulfo mango had its lowest price during April, May and June, at 0.46, 0.44 and 0.44 dollars per pound, respectively. This is due to the large production volume during these months, while at the beginning and end of the year prices reached their highest, peaking at $1 per pound in December. This is according to the national average prices from the Mexican National System of Information and Integration of Markets (SNIIM).

Mexican mangos gain worldwide relevance

Mangos are an increasingly important export for Mexico, due mainly to the work of growers in terms of plant health, innovation, research and productivity, as well as to public policies that have encouraged the opening of export markets.

This tropical fruit is grown in 23 of the country’s 32 states and according to the Mexican Agricultural and Fisheries Information Service (SIAP), Sinaloa, Guerrero, Nayarit, Chiapas, and Oaxaca are the top mango-producing states, accounting for 76.5% of domestic production in 2021.

Mexico is among the world’s leading mango producers and exporters, with a production of 2,156,040 metric tons in 2021, a 3.4% increase compared to the previous year, and with a production value of $577.5 million dollars.

Problems for Peruvian mango producers

The Peruvian Association of Mango Producers and Exporters (APEM) currently expects an 8.5% increase in mango export volumes for the 2022/2023 season, in contrast to initial estimations of a 20-25% increase. For Peru, mangos represent the fourth largest exported fresh fruit just behind grapes, blueberries, and avocados.

Furthermore, prices are lower compared to last year due to higher volumes arriving in the United States, as European markets have shown lower demand due to their economic situation.

What can growers and buyers do?

Produce buyers can take advantage of this situation by scheduling their mango purchases in advance. Platforms like the ProducePay Marketplace will allow them to connect with Mexican and Peruvian growers to maximize their business opportunities in the global market. Growers and buyers alike will discover pre-vetted business partners who are looking for or offering high-quality mangoes, as well as connect with them directly and establish lasting business relationships in the fresh produce market.

Sources: El Horizonte, Red Agrícola, Fresh Plaza