Global Mango and Mangosteen Market - Growth Remains Buoyant, With The Market Size Overcoming $65B

IndexBox has just published a new report: 'World - Mangoes, Mangosteens And Guavas - Market Analysis, Forecast, Size, Trends and Insights'. Here is a summary of the report's key findings.

The global mango and mangosteen market revenue amounted to $X in 2018, going up by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, the total market indicated a prominent growth from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, the mango and mangosteen consumption increased by +X% against 2007 indices. The most prominent rate of growth was recorded in 2010, when the market value increased by X% y-o-y. Over the period under review, the global mango and mangosteen market reached its maximum level in 2018, and is likely to see steady growth in the near future.

Production 2007-2018

Global mango and mangosteen production totaled X tonnes in 2018, rising by X% against the previous year. The total output volume increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review.

Exports 2007-2018

In 2018, the amount of mangoes, mangosteens and guavas exported worldwide stood at X tonnes, coming down by -X% against the previous year. The total export volume increased at an average annual rate of +X% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. In value terms, mango and mangosteen exports amounted to $X (IndexBox estimates) in 2018.

Exports by Country

In 2018, Mexico (X tonnes), distantly followed by Peru (X tonnes), Brazil (X tonnes), India (X tonnes) and Thailand (X tonnes) represented the major exporters of mangoes, mangosteens and guavas, together constituting X% of total exports. The following exporters - Pakistan (X tonnes), Ecuador (X tonnes), Spain (X tonnes), the Netherlands (X tonnes) and Cote d'Ivoire (X tonnes) - together made up X% of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Spain, while the other global leaders experienced more modest paces of growth.

In value terms, Mexico ($X), Peru ($X) and Brazil ($X) constituted the countries with the highest levels of exports in 2018, together comprising X% of global exports. India, Spain, Thailand, the Netherlands, Pakistan, Ecuador and Cote d'Ivoire lagged somewhat behind, together accounting for a further X%.

Export Prices by Country

In 2018, the average mango and mangosteen export price amounted to $X per tonne, lowering by -X% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. Export prices varied noticeably by the country of origin; the country with the highest export price was Spain ($X per tonne), while Pakistan ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of export prices was attained by Cote d'Ivoire, while the other global leaders experienced more modest paces of growth.

Imports 2007-2018

Global imports stood at X tonnes in 2018, rising by X% against the previous year. Over the period under review, the total imports indicated a strong increase from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, the mango and mangosteen imports decreased by -X% against 2016 indices. In value terms, mango and mangosteen imports amounted to $X (IndexBox estimates) in 2018.

Imports by Country

The U.S. was the main importing country with an import of about X tonnes, which accounted for X% of total imports. It was distantly followed by the Netherlands (X tonnes), Vietnam (X tonnes), China (X tonnes) and Germany (X tonnes), together creating X% share of total imports. The following importers - Canada (X tonnes), the UK (X tonnes), the United Arab Emirates (X tonnes), Spain (X tonnes), Saudi Arabia (X tonnes), France (X tonnes) and Belgium (X tonnes) - together made up X% of total imports.

Imports into the U.S. increased at an average annual rate of +X% from 2007 to 2018. At the same time, Vietnam (+X%), China (+X%), Spain (+X%), Germany (+X%), the Netherlands (+X%), Belgium (+X%) and Canada (+X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest growing importer in the world, with a CAGR of +X% from 2007-2018. Saudi Arabia, the UK and France experienced a relatively flat trend pattern. By contrast, the United Arab Emirates (-X%) illustrated a downward trend over the same period. The U.S. (+X p.p.), Vietnam (+X p.p.), the Netherlands (+X p.p.), China (+X p.p.), Germany (+X p.p.) and Spain (+X p.p.) significantly strengthened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported mangoes, mangosteens and guavas worldwide, comprising X% of global imports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of global imports. It was followed by Germany, with a X% share.

Import Prices by Country

In 2018, the average mango and mangosteen import price amounted to $X per tonne, falling by -X% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. Import prices varied noticeably by the country of destination; the country with the highest import price was France ($X per tonne), while Vietnam ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of import prices was attained by Belgium, while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform