U.S.: Papaya Market 2023

Papaya Market Size in the U.S.

The U.S. papaya market expanded significantly to $X in 2022, growing by 8.5% against the previous year. The market value increased at an average annual rate of +3.0% from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations in certain years. Papaya consumption peaked at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Papaya Production in the U.S.

In value terms, papaya production shrank to $X in 2022. In general, production showed a deep slump. The pace of growth was the most pronounced in 2017 when the production volume increased by 25%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

The average yield of papayas in the United States declined notably to X tons per ha in 2022, reducing by -19.1% against 2021. In general, the yield saw a slight reduction. The most prominent rate of growth was recorded in 2021 when the yield increased by 62%. Over the period under review, the average papaya yield hit record highs at X tons per ha in 2016; however, from 2017 to 2022, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The papaya harvested area in the United States totaled X ha in 2022, flattening at the previous year. Over the period under review, the harvested area showed a abrupt shrinkage. The pace of growth was the most pronounced in 2017 with an increase of 59%. The papaya harvested area peaked at X ha in 2015; however, from 2016 to 2022, the harvested area stood at a somewhat lower figure.

Papaya Exports

Exports from the U.S.

In 2022, overseas shipments of papayas decreased by -19.4% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when exports increased by 23% against the previous year. Over the period under review, the exports hit record highs at X tons in 2021, and then declined dramatically in the following year.

In value terms, papaya exports dropped sharply to $X in 2022. Over the period under review, exports continue to indicate a mild curtailment. The most prominent rate of growth was recorded in 2013 when exports increased by 12%. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Canada (X tons) was the main destination for papaya exports from the United States, accounting for a 94% share of total exports. Moreover, papaya exports to Canada exceeded the volume sent to the second major destination, Hong Kong SAR (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Canada amounted to +1.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (+3.9% per year) and Japan (-9.5% per year).

In value terms, Canada ($X) remains the key foreign market for papayas exports from the United States, comprising 86% of total exports. The second position in the ranking was held by Hong Kong SAR ($X), with a 9.6% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Canada stood at -1.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (+6.2% per year) and Japan (-8.5% per year).

Export Prices by Country

In 2022, the average papaya export price amounted to $X per ton, approximately mirroring the previous year. Overall, the export price saw a noticeable slump. The pace of growth was the most pronounced in 2014 when the average export price increased by 4.7%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per ton), while the average price for exports to Canada ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+2.3%), while the prices for the other major destinations experienced mixed trend patterns.

Papaya Imports

Imports into the U.S.

In 2022, purchases abroad of papayas increased by 6.6% to X tons, rising for the fourth year in a row after two years of decline. The total import volume increased at an average annual rate of +4.1% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2015 when imports increased by 17% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, papaya imports expanded remarkably to $X in 2022. The total import value increased at an average annual rate of +3.4% from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2014 with an increase of 15%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Mexico (X tons) constituted the largest supplier of papaya to the United States, with a 84% share of total imports. Moreover, papaya imports from Mexico exceeded the figures recorded by the second-largest supplier, Guatemala (X tons), sixfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Mexico stood at +5.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Guatemala (+10.4% per year) and Belize (-27.3% per year).

In value terms, Mexico ($X) constituted the largest supplier of papayas to the United States, comprising 82% of total imports. The second position in the ranking was held by Guatemala ($X), with a 15% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Mexico stood at +5.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Guatemala (+8.2% per year) and Belize (-29.0% per year).

Import Prices by Country

The average papaya import price stood at $X per ton in 2022, standing approx. at the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of 12%. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the average import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Guatemala ($X per ton), while the price for Belize ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+0.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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