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

Global Papaya Market Overview 2019

Papaya Market Size

The global papaya market revenue amounted to $X in 2018, picking up by X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2018; however, the trend pattern remained relatively stable, with only minor fluctuations over the period under review. The pace of growth appeared the most rapid in 2008, with an increase of X% against the previous year. Over the period under review, the global papaya market attained its peak figure level at $X in 2011; however, from 2012 to 2018, consumption remained at a lower figure.

Papaya Production

In value terms, papaya production amounted to $X in 2018 estimated in export prices. Over the period under review, papaya production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010, with an increase of X% year-to-year. In that year, global papaya production attained its peak level of $X. From 2011 to 2018, global papaya production growth remained at a somewhat lower figure.

India (X tonnes) constituted the country with the largest volume of papaya production, 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), sixfold. Mexico (X tonnes) ranked third in terms of total production with a X% share.

From 2007 to 2018, 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: Brazil (-X% per year) and Mexico (+X% per year).

Global average papaya yield totaled X tonne per ha in 2018, picking up by X% against the previous year. The yield figure increased at an average annual rate of +X% from 2007 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2009, with an increase of X% y-o-y. Global papaya yield peaked in 2018, and is expected to retain its growth in the near future. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2018, approx. X ha of papayas were harvested worldwide; picking up by X% against the previous year. The harvested area increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2016, with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to papaya production attained its peak figure in 2018, and is expected to retain its growth in the near future.

Papaya Exports

Exports 2007-2018

In 2018, approx. X tonnes of papayas were exported worldwide; remaining constant against the previous year. Overall, the total exports indicated a pronounced growth from 2007 to 2018: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, the papaya exports increased by +X% against 2011 indices. The most prominent rate of growth was recorded in 2009, when the exports increased by X% year-to-year. Global exports peaked at X tonnes in 2017, leveling off in the following year.

In value terms, papaya exports totaled $X in 2018. Over the period under review, the total exports indicated a remarkable growth from 2007 to 2018: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, the papaya exports increased by +X% against 2009 indices. The pace of growth was the most pronounced in 2014, with an increase of X% year-to-year. Global exports peaked in 2018, and are likely to continue its growth in the immediate term.

Exports by Country

Mexico represented the key exporting country with an export of around X tonnes, which accounted for X% of total exports. Guatemala (X tonnes) took a X% share (based on tonnes) of total exports, which put it in second place, followed by Brazil (X%). The following exporters - the U.S. (X tonnes), China (X tonnes), India (X tonnes) and the Netherlands (X tonnes) together made up X% of total exports.

Exports from Mexico increased at an average annual rate of +X% from 2007 to 2018. At the same time, Guatemala (+X%), China (+X%), India (+X%), the U.S. (+X%), Brazil (+X%) and the Netherlands (+X%) displayed positive paces of growth. Moreover, Guatemala emerged as the fastest growing exporter in the world, with a CAGR of +X% from 2007-2018. From 2007 to 2018, the share of the U.S., India, China, Brazil, Mexico and Guatemala decreased by -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, the largest papaya markets worldwide were Mexico ($X), Brazil ($X) and Guatemala ($X), together accounting for X% of global exports.

In terms of the main exporting countries, Guatemala recorded the highest growth rate of exports, over the last decade, while 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 2018, increasing by X% against the previous year. In general, the papaya export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2010, when the average export price increased by X% y-o-y. Global export price peaked at $X per tonne in 2011; however, from 2012 to 2018, export prices remained at a lower figure.

There were significant differences in the average export prices amongst the major exporting countries. In 2018, the country with the highest export price was the Netherlands ($X per tonne), while India ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of export prices was attained by the Netherlands, while the other global leaders experienced more modest paces of growth.

Papaya Imports

Imports 2007-2018

In 2018, the amount of papayas imported worldwide stood at X tonnes, going down by -X% against the previous year. In general, the total imports indicated a mild expansion from 2007 to 2018: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017, when the imports increased by X% year-to-year. In that year, global papaya imports attained their peak of X tonnes, and then declined slightly in the following year.

In value terms, papaya imports stood at $X in 2018. The total import value increased at an average annual rate of +X% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2014, when the imports increased by X% y-o-y. Global imports peaked at $X in 2016; however, from 2017 to 2018, imports failed to regain their momentum.

Imports by Country

The U.S. dominates papaya imports structure, amounting to X tonnes, which was approx. X% of total imports in 2018. It was distantly followed by Canada (X tonnes), making up X% share of total imports. Portugal (X tonnes), Germany (X tonnes), Spain (X tonnes), the Netherlands (X tonnes) and the UK (X tonnes) followed a long way behind the leaders.

From 2007 to 2018, 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%) and Canada (+X%) displayed positive paces of growth. Moreover, Portugal emerged as the fastest growing importer in the world, with a CAGR of +X% from 2007-2018. Germany experienced a relatively flat trend pattern. By contrast, the UK (-X%) and the Netherlands (-X%) illustrated a downward trend over the same period. While the share of the U.S. (-X%) decreased significantly, 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 2007-2018. 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 2018, the average papaya import price amounted to $X per kg, jumping by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2018, when the average import price increased by X% y-o-y. Over the period under review, the average import prices for papayas attained their peak figure at $X per tonne in 2014; however, from 2015 to 2018, import prices failed to regain their momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2018, the country with the highest import price was Germany ($X per tonne), while the U.S. ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of import prices was attained by Germany, while the other global leaders experienced more modest paces of growth.

Source: IndexBox AI Platform