Mango Price per Ton May 2022

U.S. Mango Price per Ton May 2022

In May 2022, the mango price per ton amounted to $1,320 (CIF, US), rising by 13% against the previous month. In general, the import price, however, saw a pronounced decline. The import price peaked at $1,462 per ton in Jan 2022; however, from Feb 2022 to May 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was India ($5,285 per ton), while the price for Guatemala ($890 per ton) was amongst the lowest.

From Jan 2022 to May 2022, the most notable rate of growth in terms of prices was attained by Guatemala (+11.7%), while the prices for the other major suppliers experienced mixed trend patterns.

U.S. Mango Imports

In May 2022, the amount of mangoes, mangosteens and guavas imported into the United States soared to 67K tons, with an increase of 19% compared with Apr 2022 figures. In general, total imports indicated a significant expansion from Jan 2022 to May 2022: its volume increased at an average monthly rate of +20.9% over the last four months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on May 2022 figures, imports increased by +113.5% against Jan 2022 indices. The most prominent rate of growth was recorded in Feb 2022 when imports increased by 38% m-o-m. Over the period under review, imports hit record highs in May 2022 and are likely to see gradual growth in months to come.

In value terms, mango and mangosteen imports soared to $89M (IndexBox estimates) in May 2022. Overall, total imports indicated resilient growth from Jan 2022 to May 2022: its value increased at an average monthly rate of +20.9% over the last four - month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on May 2022 figures, imports increased by +92.8% against Jan 2022 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

U.S. Mango Imports by Country

In May 2022, Mexico (57K tons) constituted the largest supplier of mango and mangosteen to the United States, accounting for a 85% share of total imports. Moreover, mango and mangosteen imports from Mexico exceeded the figures recorded by the second-largest supplier, Guatemala (2.4K tons), more than tenfold. The Dominican Republic (2.3K tons) ranked third in terms of total imports with a 3.5% share.

From Jan 2022 to May 2022, the average monthly rate of growth in terms of volume from Mexico amounted to +86.0%. The remaining supplying countries recorded the following average monthly rates of imports growth: Guatemala (+178.8% per month) and the Dominican Republic (+120.2% per month).

In value terms, Mexico ($62M) constituted the largest supplier of mango and mangosteen to the United States, comprising 70% of total imports. The second position in the ranking was occupied by India ($5.4M), with a 6.1% share of total imports. It was followed by Haiti, with a 3.4% share.

From Jan 2022 to May 2022, the average monthly rate of growth in terms of value from Mexico totaled +55.1%. The remaining supplying countries recorded the following average monthly rates of imports growth: India (+112.5% per month) and Haiti (+78.8% per month).

Source: IndexBox Platform