
World - Papayas - Market Analysis, Forecast, Size, Trends and Insights
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 ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by El Salvador (+3.6%), while the other global leaders experienced more modest paces of growth.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Importers on The Market and How They Succeed
The Largest Exporters on The Market and How They Succeed
The Largest Producers on The Market and Their Profiles
The Largest Markets And Their Profiles
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