Paraguay: Mango And Mangosteen Market 2024

Mango And Mangosteen Market Size in Paraguay

The Paraguayan mango and mangosteen market expanded rapidly to $X in 2022, rising by 6.2% against the previous year. Over the period under review, consumption, however, showed a noticeable slump. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Mango And Mangosteen Production in Paraguay

In value terms, mango and mangosteen production expanded rapidly to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a deep setback. The growth pace was the most rapid in 2020 with an increase of 60% against the previous year. Mango and mangosteen production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

The average yield of mangoes, mangosteens and guavas in Paraguay shrank to X tons per ha in 2022, approximately equating the previous year's figure. Overall, the yield recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 with an increase of 0.7%. The mango and mangosteen yield peaked at X tons per ha in 2012; however, from 2013 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of mangoes, mangosteens and guavas were harvested in Paraguay; approximately reflecting 2021 figures. In general, the harvested area saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the harvested area increased by 6% against the previous year. Over the period under review, the harvested area dedicated to mango and mangosteen production reached the maximum at X ha in 2014; however, from 2015 to 2022, the harvested area stood at a somewhat lower figure.

Mango And Mangosteen Exports

Exports from Paraguay

In 2022, shipments abroad of mangoes, mangosteens and guavas decreased by -92.1% to X kg, falling for the third consecutive year after two years of growth. Overall, exports, however, showed resilient growth. The pace of growth appeared the most rapid in 2016 with an increase of 717% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, mango and mangosteen exports shrank remarkably to $X in 2022. In general, exports, however, posted significant growth. The pace of growth appeared the most rapid in 2016 when exports increased by 535%. Over the period under review, the exports reached the maximum at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Germany (X kg) was the main destination for mango and mangosteen exports from Paraguay, accounting for a 91% share of total exports. Moreover, mango and mangosteen exports to Germany exceeded the volume sent to the second major destination, Canada (X kg), tenfold.

From 2012 to 2022, the average annual growth rate of volume to Germany stood at -12.5%.

In value terms, Germany ($X) emerged as the key foreign market for mangoes, mangosteens and guavas exports from Paraguay, comprising 76% of total exports. The second position in the ranking was taken by Canada ($X), with a 24% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Germany was relatively modest.

Export Prices by Country

The average mango and mangosteen export price stood at $X per ton in 2022, jumping by 693% against the previous year. In general, the export price continues to indicate a resilient increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($X per ton), while the average price for exports to Germany stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+45.1%), while the prices for the other major destinations experienced mixed trend patterns.

Mango And Mangosteen Imports

Imports into Paraguay

In 2022, purchases abroad of mangoes, mangosteens and guavas increased by 134% to X tons, rising for the third consecutive year after four years of decline. Overall, imports recorded a remarkable increase. The growth pace was the most rapid in 2013 when imports increased by 220%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, mango and mangosteen imports stood at $X in 2022. Over the period under review, imports continue to indicate a prominent increase. The pace of growth appeared the most rapid in 2013 when imports increased by 174%. Imports peaked at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Brazil (X tons) was the main mango and mangosteen supplier to Paraguay, accounting for a approx. 100% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Brazil stood at +14.5%.

In value terms, Brazil ($X) constituted the largest supplier of mangoes, mangosteens and guavas to Paraguay.

From 2012 to 2022, the average annual growth rate of value from Brazil stood at +12.0%.

Import Prices by Country

In 2022, the average mango and mangosteen import price amounted to $X per ton, with a decrease of -56.3% against the previous year. Overall, the import price recorded a perceptible curtailment. The pace of growth was the most pronounced in 2016 an increase of 31%. The import price peaked at $X per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Brazil.

From 2012 to 2022, the rate of growth in terms of prices for Brazil amounted to -2.1% per year.

Source: IndexBox Platform