Report World - Papayas - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jan 21, 2023

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

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Global Papaya Market 2023

Papaya Market Size

In 2021, the global papaya market was finally on the rise to reach $X after two years of decline. The market value increased at an average annual rate of +2.5% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. Over the period under review, the global market attained the peak level at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Papaya Production

In value terms, papaya production rose modestly to $X in 2021 estimated in export price. In general, the total production indicated a tangible expansion from 2012 to 2021: its value increased at an average annual rate of +4.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -13.1% against 2018 indices. The pace of growth appeared the most rapid in 2013 when the production volume increased by 23%. Global production peaked at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

India (X tons) constituted the country with the largest volume of papaya production, comprising approx. 44% of total volume. Moreover, papaya production in India exceeded the figures recorded by the second-largest producer, the Dominican Republic (X tons), fivefold. Brazil (X tons) ranked third in terms of total production with an 8.7% share.

In India, papaya production expanded at an average annual rate of +1.3% over the period from 2012-2021. The remaining producing countries recorded the following average annual rates of production growth: the Dominican Republic (+10.0% per year) and Brazil (-2.5% per year).

The global average papaya yield reached X tons per ha in 2021, remaining relatively unchanged against 2020. In general, the yield showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the yield increased by 2.6%. Over the period under review, the average papaya yield hit record highs at X tons per ha in 2019; however, from 2020 to 2021, 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 2021, the global papaya harvested area contracted modestly to X ha, which is down by -1.6% compared with the previous year's figure. Over the period under review, the harvested area, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of 6.1%. Over the period under review, the harvested area dedicated to papaya production reached the peak figure at X ha in 2020, and then shrank in the following year.

Papaya Exports

Exports

In 2021, overseas shipments of papayas increased by 32% to X tons, rising for the third consecutive year after three years of decline. The total export volume increased at an average annual rate of +5.0% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, papaya exports rose markedly to $X in 2021. The total export value increased at an average annual rate of +5.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 with an increase of 13% against the previous year. Over the period under review, the global exports attained the peak figure in 2021 and are likely to continue growth in the immediate term.

Exports by Country

Mexico represented the largest exporting country with an export of about X tons, which finished at 47% of total exports. It was distantly followed by Brazil (X tons) and Guatemala (X tons), together creating a 25% share of total exports. The following exporters - the United States (X tons), Sri Lanka (X tons), Malaysia (X tons), China (X tons), the Netherlands (X tons), Spain (X tons) and India (X tons) - together made up 20% of total exports.

Exports from Mexico increased at an average annual rate of +6.0% from 2012 to 2021. At the same time, Sri Lanka (+20.3%), Spain (+18.1%), China (+10.0%), Guatemala (+8.9%), Brazil (+7.5%), the United States (+3.4%) and the Netherlands (+2.0%) displayed positive paces of growth. Moreover, Sri Lanka emerged as the fastest-growing exporter exported in the world, with a CAGR of +20.3% from 2012-2021. By contrast, Malaysia (-4.5%) and India (-8.6%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Mexico, Guatemala, Sri Lanka and Brazil increased by +4, +3.4, +2.9 and +2.5 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) remains the largest papaya supplier worldwide, comprising 34% of global exports. The second position in the ranking was held by Brazil ($X), with a 15% share of global exports. It was followed by the Netherlands, with an 8.9% share.

In Mexico, papaya exports increased at an average annual rate of +6.6% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Brazil (+3.8% per year) and the Netherlands (+4.4% per year).

Export Prices by Country

The average papaya export price stood at $X per ton in 2021, falling by -18.9% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average export price increased by 14%. The global export price peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was the Netherlands ($X per ton), while India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+13.4%), while the other global leaders experienced more modest paces of growth.

Papaya Imports

Imports

In 2021, the amount of papayas imported worldwide rose notably to X tons, growing by 5.6% against the previous year's figure. The total import volume increased at an average annual rate of +4.6% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2015 with an increase of 12%. Global imports peaked in 2021 and are likely to see steady growth in the near future.

In value terms, papaya imports rose markedly to $X in 2021. The total import value increased at an average annual rate of +4.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 when imports increased by 13%. Global imports peaked in 2021 and are likely to see gradual growth in years to come.

Imports by Country

The United States prevails in imports structure, accounting for X tons, which was approx. 58% of total imports in 2021. Canada (X tons) took a 6.3% share (based on physical terms) of total imports, which put it in second place, followed by El Salvador (4.7%). The following importers - Germany (X tons), Portugal (X tons), the Netherlands (X tons), South Africa (X tons), Spain (X tons), the United Arab Emirates (X tons) and the UK (X tons) - together made up 18% of total imports.

Imports into the United States increased at an average annual rate of +3.8% from 2012 to 2021. At the same time, South Africa (+40.3%), Portugal (+10.6%), Germany (+8.2%), El Salvador (+6.0%), Spain (+5.3%), the United Arab Emirates (+5.1%), Canada (+4.2%) and the Netherlands (+3.0%) displayed positive paces of growth. Moreover, South Africa emerged as the fastest-growing importer imported in the world, with a CAGR of +40.3% from 2012-2021. The UK experienced a relatively flat trend pattern. South Africa (+2.4 p.p.) significantly strengthened its position in terms of the global imports, while the United States saw its share reduced by -4.1% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported papayas worldwide, comprising 33% of global imports. The second position in the ranking was taken by Germany ($X), with a 10% share of global imports. It was followed by Portugal, with a 7.5% share.

In the United States, papaya imports increased at an average annual rate of +3.0% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Germany (+7.4% per year) and Portugal (+11.1% per year).

Import Prices by Country

In 2021, the average papaya import price amounted to $X per ton, rising by 5.8% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 6.8% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Germany ($X per ton), while El Salvador ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by El Salvador (+3.6%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for papayas in the world?
+
India constituted the country with the largest volume of papaya consumption, comprising approx. 44% of total volume. Moreover, papaya consumption in India exceeded the figures recorded by the second-largest consumer, the Dominican Republic, fivefold. Brazil ranked third in terms of total consumption with an 8.4% share.
What are the largest producers of papayas in the world?
+
India constituted the country with the largest volume of papaya production, accounting for 44% of total volume. Moreover, papaya production in India exceeded the figures recorded by the second-largest producer, the Dominican Republic, fivefold. Brazil ranked third in terms of total production with an 8.7% share.
What are the leading exporters of papayas in the world?
+
In value terms, Mexico remains the largest papaya supplier worldwide, comprising 34% of global exports. The second position in the ranking was taken by Brazil, with a 15% share of global exports. It was followed by the Netherlands, with an 8.9% share.
What are the leading importers of papayas in the world?
+
In value terms, the United States constitutes the largest market for imported papayas worldwide, comprising 33% of global imports. The second position in the ranking was held by Germany, with a 10% share of global imports. It was followed by Portugal, with a 7.5% share.
What is the average export price for papayas in the world?
+
The average papaya export price stood at $853 per ton in 2021, falling by -18.9% against the previous year.
What is the average import price for papayas in the world?
+
The average papaya import price stood at $1,109 per ton in 2021, with an increase of 5.8% against the previous year.

This report provides an in-depth analysis of the global papaya market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.


Product coverage:
• FCL 600 - Papayas

Data coverage:
• Global market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Global production, split by region and country
• Global trade (exports and imports)
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
7.3
HARVESTED AREA AND YIELD BY COUNTRY
8. GLOBAL IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

United States
China
Japan
Germany
United Kingdom
France
Brazil
Italy
Russian Federation
India
Canada
Australia
Republic of Korea
Spain
Mexico
Indonesia
Netherlands
Turkey
Saudi Arabia
Switzerland
Sweden
Nigeria
Poland
Belgium
Argentina
Norway
Austria
Thailand
United Arab Emirates
Colombia
Denmark
South Africa
Malaysia
Israel
Singapore
Egypt
Philippines
Finland
Chile
Ireland
Pakistan
Greece
Portugal
Kazakhstan
Algeria
Czech Republic
Qatar
Peru
Romania
Vietnam
LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption, By Country, 2018–2022
Table 5:
Production, In Physical Terms, By Country, 2012–2022
Table 6:
Harvested Area, By Country, 2007-2022
Table 7:
Yield, By Country, 2007-2022
Table 8:
Imports, In Physical Terms, By Country, 2012–2022
Table 9:
Imports, In Value Terms, By Country, 2012–2022
Table 10:
Import Prices, By Country Of Destination, 2012–2022
Table 11:
Exports, In Physical Terms, By Country, 2012–2022
Table 12:
Exports, In Value Terms, By Country, 2012–2022
Table 13:
Export Prices, By Country Of Origin, 2012–2022
Table 14:
Producer Prices, By Major Producing Country, 2022
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), By Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Consumption, By Country, 2022
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Yield And Growth
Figure 11:
Exports And Growth
Figure 12:
Export Prices And Growth
Figure 13:
Market Size And Growth
Figure 14:
Per Capita Consumption
Figure 15:
Imports And Growth
Figure 16:
Import Prices
Figure 17:
Production, In Physical Terms, 2012–2022
Figure 18:
Production, In Value Terms, 2012–2022
Figure 19:
Area Harvested, 2012–2022
Figure 20:
Yield, 2012–2022
Figure 21:
Production, By Country, 2022
Figure 22:
Production, In Physical Terms, By Country, 2012–2022
Figure 23:
Harvested Area, By Country, 2022
Figure 24:
Harvested Area, By Country, 2007-2022
Figure 25:
Yield, By Country, 2007-2022
Figure 26:
Imports, In Physical Terms, 2012–2022
Figure 27:
Imports, In Value Terms, 2012–2022
Figure 28:
Imports, In Physical Terms, By Country, 2022
Figure 29:
Imports, In Physical Terms, By Country, 2012–2022
Figure 30:
Imports, In Value Terms, By Country, 2012–2022
Figure 31:
Import Prices, By Country, 2012–2022
Figure 32:
Exports, In Physical Terms, 2012–2022
Figure 33:
Exports, In Value Terms, 2012–2022
Figure 34:
Exports, In Physical Terms, By Country, 2022
Figure 35:
Exports, In Physical Terms, By Country, 2012–2022
Figure 36:
Exports, In Value Terms, By Country, 2012–2022
Figure 37:
Export Prices, 2012–2022
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