What are the reasons for the high demand of mangoes from China and Mexico in the international market?
Answers
China: High demand and limited supply
The mango season is in full swing in China. The main production areas in China are Hainan, Guangxi, Yunnan, Sichuan and Taiwan. Next month, the mangoes from Taiwan will hit the market. There is currently a strong demand and a limited supply, so prices are high. Mangoes are also imported from other countries, such as Cambodia, Vietnam and India.
US: Mexican volumes are increasing
As Mexican cultivation shifts from one area to another, the volumes are increasing every week. “We started in mid-January with three to five loads a week, and this number increased in early February," says a Texas trader. "We now have about six to seven loads coming in every day, and this figure is expected to increase even more in the coming week." At the moment, Mexico is mostly supplying smaller sizes. For the larger sizes, the volumes are smaller.
The increase in the supply is accompanied by a growing demand. "As the weather improves, the demand also grows," says the trader. “We are able to sell everything we get almost immediately. We accumulate no stocks. Supermarkets in particular continue to demand more. ”The prices for larger sizes amount to around $ 8- $ 9 / FOB. The smaller sizes are sold for $ 5- $ 6. When the season started in January, the price for the large sizes was still $ 12.
Answer:
pakistan's ranking has declined in the export of mangoes and has declined to fourth position to second in the world .This is due to fact that Mexico and China have both taken over much of the market share by increasing their production through plant protection and area expansion