Global Papaya Market Overview 2020

Papaya Market Size

The global papaya market reached $X in 2019, leveling off at the previous year. The market value increased at an average annual rate of +X% from 2007 to 2019; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. Global consumption peaked at $X in 2016; afterwards, it flattened through to 2019.

Papaya Production

In value terms, papaya production declined to $X in 2019 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2019; however, the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. Global production peaked at $X in 2018, and then declined in the following year.

The country with the largest volume of papaya production was India (X tonnes), comprising approx. X% of total volume. Moreover, papaya production in India exceeded the figures recorded by the second-largest producer, the Dominican Republic (X tonnes), sixfold. Mexico (X tonnes) ranked third in terms of total production with a X% share.

From 2007 to 2019, the average annual growth rate of volume in India totaled +X%. The remaining producing countries recorded the following average annual rates of production growth: the Dominican Republic (+X% per year) and Mexico (+X% per year).

In 2019, the global average yield of papayas soared to X tonnes per ha, jumping by X% against the previous year. In general, the yield saw a relatively flat trend pattern. The global yield peaked at X tonnes per ha in 2014; however, from 2015 to 2019, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2019, the global papaya harvested area plummeted to X ha, shrinking by -X% compared with the previous year's figure. Over the period under review, the harvested area, however, enjoyed a measured increase. The most prominent rate of growth was recorded in 2018 when the harvested area increased by X% y-o-y. As a result, the harvested area reached the peak level of X ha, and then dropped significantly in the following year.

Production By Country

India (X tonnes) constituted the country with the largest volume of papaya production, comprising approx. X% of total volume. Moreover, papaya production in India exceeded the figures recorded by the second-largest producer, the Dominican Republic (X tonnes), sixfold. The third position in this ranking was occupied by Mexico (X tonnes), with a X% share.

From 2007 to 2019, the average annual growth rate of volume in India amounted to +X%. The remaining producing countries recorded the following average annual rates of production growth: the Dominican Republic (+X% per year) and Mexico (+X% per year).

Papaya Exports

Exports

For the eighth year in a row, the global market recorded growth in overseas shipments of papayas, which increased by X% to X tonnes in 2019. In general, total exports indicated a moderate increase from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, exports increased by +X% against 2010 indices. The pace of growth appeared the most rapid in 2013 with an increase of X% y-o-y. Global exports peaked in 2019 and are expected to retain growth in the immediate term.

In value terms, papaya exports dropped modestly to $X in 2019. Over the period under review, total exports indicated a perceptible expansion from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, exports increased by +X% against 2009 indices. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, exports attained the peak of $X, and then declined slightly in the following year.

Exports by Country

In 2019, Mexico (X tonnes) was the main exporter of papayas, achieving X% of total exports. Guatemala (X tonnes) occupied the second position in the ranking, followed by Brazil (X tonnes) and Malaysia (X tonnes). All these countries together held near X% share of total exports. The U.S. (X tonnes), China (X tonnes), India (X tonnes), Sri Lanka (X tonnes) and the Netherlands (X tonnes) followed a long way behind the leaders.

From 2007 to 2019, average annual rates of growth with regard to papaya exports from Mexico stood at +X%. At the same time, Guatemala (+X%), Sri Lanka (+X%), China (+X%), India (+X%), Malaysia (+X%), the U.S. (+X%) and Brazil (+X%) displayed positive paces of growth. Moreover, Guatemala emerged as the fastest-growing exporter exported in the world, with a CAGR of +X% from 2007-2019. By contrast, the Netherlands (-X%) illustrated a downward trend over the same period. From 2007 to 2019, the share of Guatemala, Mexico, Malaysia, Brazil, China, Sri Lanka and India increased by +X%, +X%, +X%, +X%, +X%, +X% and +X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X), Brazil ($X) and Guatemala ($X) appeared to be the countries with the highest levels of exports in 2019, with a combined X% share of global exports.

Guatemala saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average papaya export price stood at $X per tonne in 2019, waning by -X% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of X% y-o-y. Global export price peaked at $X per tonne in 2012; however, from 2013 to 2019, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was the Netherlands ($X per tonne), while Malaysia ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by China, while the other global leaders experienced more modest paces of growth.

Papaya Imports

Imports

In 2019, after two years of decline, there was growth in supplies from abroad of papayas, when their volume increased by X% to X tonnes. Overall, total imports indicated tangible growth from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports decreased by -X% against 2016 indices. The pace of growth appeared the most rapid in 2012 when imports increased by X% y-o-y. Over the period under review, global imports hit record highs at X tonnes in 2016; however, from 2017 to 2019, imports stood at a somewhat lower figure.

In value terms, papaya imports expanded rapidly to $X in 2019. Over the period under review, total imports indicated moderate growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports increased by +X% against 2017 indices. The pace of growth appeared the most rapid in 2014 when imports increased by X% year-to-year. Over the period under review, global imports reached the peak figure in 2019 and are likely to see steady growth in the near future.

Imports by Country

The U.S. prevails in papaya imports structure, resulting at X tonnes, which was approx. X% of total imports in 2019. It was distantly followed by Canada (X tonnes), comprising a X% share of total imports. The following importers - Germany (X tonnes), Portugal (X tonnes), Spain (X tonnes), the UK (X tonnes) and the Netherlands (X tonnes) - together made up X% of total imports.

From 2007 to 2019, average annual rates of growth with regard to papaya imports into the U.S. stood at +X%. At the same time, Portugal (+X%), Spain (+X%), the UK (+X%), Germany (+X%) and Canada (+X%) displayed positive paces of growth. Moreover, Portugal emerged as the fastest-growing importer imported in the world, with a CAGR of +X% from 2007-2019. By contrast, the Netherlands (-X%) illustrated a downward trend over the same period. From 2007 to 2019, the share of the U.S. and Portugal increased by +X% and +X% percentage points, while the Netherlands (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In the U.S., papaya imports increased at an average annual rate of +X% over the period from 2007-2019. In the other countries, the average annual rates were as follows: Germany (+X% per year) and Portugal (+X% per year).

Import Prices by Country

In 2019, the average papaya import price amounted to $X per tonne, picking up by X% against the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2011 an increase of X% against the previous year. As a result, import price attained the peak level of $X per tonne. From 2012 to 2019, the growth in terms of the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2019, the country with the highest price was Germany ($X per tonne), while the U.S. ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Spain, while the other global leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for papayas in the world?

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India (6.4M tonnes) constituted the country with the largest volume of papaya consumption, accounting for 46% of total volume. Moreover, papaya consumption in India exceeded the figures recorded by the second-largest consumer, the Dominican Republic (1.1M tonnes), sixfold. The third position in this ranking was occupied by Brazil (966K tonnes), with a 7% share.

What are the largest producers of papayas in the world?

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The country with the largest volume of papaya production was India (6.4M tonnes), accounting for 46% of total volume. Moreover, papaya production in India exceeded the figures recorded by the second-largest producer, the Dominican Republic (1.1M tonnes), sixfold. The third position in this ranking was occupied by Mexico (1.1M tonnes), with a 7.6% share.

What are the leading suppliers of papayas in the world?

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In value terms, Mexico ($94M), Brazil ($47M) and Guatemala ($31M) appeared to be the countries with the highest levels of exports in 2019, with a combined 56% share of global exports.

What are the leading importers of papayas in the world?

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In value terms, the U.S. ($130M) constitutes the largest market for imported papayas worldwide, comprising 40% of global imports. The second position in the ranking was occupied by Germany ($30M), with a 9.1% share of global imports. It was followed by Portugal, with a 7.4% share.

What is the average export price for papayas in the world?

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In 2019, the average papaya export price amounted to $853 per tonne, dropping by -4.7% against the previous year.

What is the average import price for papayas in the world?

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In 2019, the average papaya import price amounted to $1,131 per tonne, with an increase of 9.5% against the previous year.