In November 2024, Peru’s fresh mango exports saw a remarkable comeback, reaching a total value of $67.5 million. This is a big jump from the $12.5 million reported in November 2023.
The recovery started in October 2024, after a slower period earlier in the year. From January to November 2024, total fresh mango exports have already surpassed $268 million, which is higher than the entire $254 million exported all through 2023.
In terms of quantity, November 2024 shipments totaled 44,799 tons, almost ten times more than the 4,524 tons exported in the same month last year. Although the average price per kilogram fell from $2.76 in 2023 to $1.51 in 2024, the much larger volume of exports led to a big increase in total export value.
The United States was the biggest market for Peruvian mangoes, making up 40% of all exports. Shipments to the U.S. reached 17,180 tons worth $27.3 million, a thirteenfold increase in volume and an elevenfold jump in value compared to November 2023. However, the average price in this market dropped from $2.01 to $1.59 per kilogram.
The Netherlands was the second biggest importer, buying 13,392 tons worth $17.7 million, which is a fourteenfold increase in volume and an eightfold increase in value from the previous year. The average price there fell from $2.39 to $1.32 per kilogram.
South Korea came in third, importing 1,610 tons valued at $5.2 million, a thirteenfold increase in volume and eight times the value compared to November 2023. The average price dropped from $5.29 to $3.25 per kilogram.
Top Peruvian exporters in November 2024 included Agrocosta Perú S.A.C. (10% market share), Sunshine Export S.A.C. (9%), and Jumar Perú S.A.C. (7%). Agrocosta focused mainly on the U.S. (65% of its exports) and the Netherlands (22%), shifting away from its previous focus on Spain and the Netherlands. Sunshine Export, which had little activity in 2023, made its mark in 2024, exporting 47% to the U.S. and 32% to the Netherlands. Jumar Perú S.A.C. maintained the U.S. as its top destination (56%) while switching its secondary market from Canada to South Korea (23%).
Most of the fresh mango shipments left from Euroandino Port Terminals (87%), followed by Jorge Chávez International Airport (10%) and APM Terminals (2%).
This growth in Peru’s fresh mango exports shows the sector’s recovery and its ability to adapt to changing global market needs.
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