World - Papayas - Market Analysis, Forecast, Size, Trends and Insights

Global Papaya Market Overview 2018

Papaya Production

Global papaya market revenue amounted to $X in 2017, ascending by X% against the previous year. This figure reflects 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 strong growth from 2007 to 2017: it value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the papaya consumption decreased by -X% against 2014 indices. The pace of growth was the most pronounced in 2012, an increase of X% from the previous year. Global papaya consumption peaked of $X in 2014; however, from 2015 to 2017, it failed to regain its strength.

Global papaya production totaled X tonnes in 2017, picking up by X% against the previous year. The total output volume had been increasing at an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. The pace of growth was the most pronounced in 2016, when it surged by X% y-o-y. Global papaya production peaked in 2017, and is expected to retain its growth in the near future. The general positive trend of papaya output was largely conditioned by a conspicuous growth of the harvested area and a mild increase in yield figures.

India (X tonnes) remains the largest papaya producing country worldwide, comprising approx. X% of total production. Moreover, papaya production in India exceeded the figures recorded by the world's second largest producer, Brazil (X tonnes), fourfold. Mexico (X tonnes) ranked third in terms of total production with a X% share.

In India, papaya production expanded at an average annual rate of +X% over the period from 2007-2017. The remaining producing countries recorded the following average annual rates of production: Brazil (-X% per year) and Mexico (+X% per year).

Global average papaya yield totaled X tonne per ha in 2017, coming up by X% against the previous year. The yield figure had been increasing at an average annual rate of +X% from 2007 to 2017; the trend pattern remained consistent, with only minor fluctuations over the period under review. The most prominent rate of growth was recorded in 2009, an increase of X% y-o-y. Global papaya yield peaked in 2017, and is likely to see steady growth in the immediate term. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2017, the global papaya harvested area amounted to X ha, going up by X% against the previous year. The harvested area had been increasing at an average annual rate of +X% from 2007 to 2017; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2008, when it surged by X% against the previous year. Global papaya harvested area peaked in 2017, and is expected to retain its growth in the immediate term.

Papaya Exports

In 2017, approx. X tonnes of papayas were exported worldwide; rising by X% against the previous year. The total export volume had been increasing at an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. The most prominent rate of growth was recorded in 2013, when it surged by X% y-o-y. Over the period under review, the global papaya exports attained its peak figure volume in 2017, and are likely to see steady growth in the near future.

In value terms, papaya exports amounted to $X in 2017. In general, the total exports indicated a prominent increase from 2007 to 2017: it value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the papaya exports increased by +X% against 2009 indices. Over the period under review, the global papaya exports attained its peak figure level in 2017, and are expected to retain its growth in the near future.

Papaya Exports by Country

Mexico was the key exporter of papayas in the world, with the volume of exports recording X tonnes, which was approx. X% of total exports in 2017. Guatemala (X tonnes) held a X% share (based on tonnes) of total exports, which put it in second place, followed by Brazil (X%), Belize (X%), and Malaysia (X%). The U.S. (X tonnes), and India (X tonnes) followed a long way behind the leaders.

Exports from Mexico increased at an average annual rate of +X% from 2007 to 2017. At the same time, Guatemala (+X%), the U.S. (+X%), and Brazil (+X%) displayed positive paces of growth. Moreover, Guatemala emerged as the fastest growing exporter in the world, with a CAGR of +X% from 2007-2017. India, and Malaysia experienced a relatively flat trend pattern. By contrast, Belize (-X%) illustrated a downward trend over the same period. Brazil (-X%), Guatemala (-X%), and Mexico (-X%) significantly weakened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X), Brazil ($X), and Guatemala ($X) constituted the countries with the highest levels of exports in 2017, with a combined X% share of global exports.

Guatemala (+X% per year) had the highest growth rate of exports, in terms of the main exporting countries, over the last X years, while the other global leaders experienced more modest paces of growth.

Papaya Export Prices by Country

In 2017, the average export price for papayas amounted to $X per tonne, remaining constant against the previous year. Overall, papaya export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012, an increase of X% from the previous year. Over the period under review, the average export prices for papayas attained its maximum level of $X per tonne in 2014; however, from 2015 to 2017, it failed to regain its strength.

Export prices varied noticeably by country of destination; the country with the highest export price was the U.S. ($X per tonne), while Belize ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable growth rate of export prices was attained by Guatemala (+X% per year), while the other global leaders experienced more modest paces of growth.