Reunion: Papaya Market 2020

Papaya Market Size in Reunion

The revenue of the papaya market in Reunion amounted to $X in 2018, rising by X% against the previous year. Over the period under review, papaya consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. Reunion papaya consumption peaked at $X in 2012; however, from 2013 to 2018, consumption stood at a somewhat lower figure.

Papaya Production in Reunion

In value terms, papaya production stood at $X in 2018 estimated in export prices. Overall, papaya production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. Reunion papaya production peaked at $X in 2012; however, from 2013 to 2018, production failed to regain its momentum.

Average yield of papayas in Reunion totaled X ton per ha in 2018, jumping 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 relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2012 with an increase of X% against the previous year. The global papaya yield peaked in 2018 and is likely to continue its growth in the immediate term. 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 in Reunion; lowering by -X% against the previous year. In general, the papaya harvested area continues to indicate a moderate shrinkage. The most prominent rate of growth was recorded in 2013 when harvested area increased by X% year-to-year. Over the period under review, the harvested area dedicated to papaya production attained its maximum at X ha in 2007; however, from 2008 to 2018, harvested area stood at a somewhat lower figure.

Papaya Exports

Exports by Country

In 2018, Mexico (X tons) was the key exporter of papayas, committing X% of total exports. Guatemala (X tons) took an X% share (based on tons) of total exports, which put it in second place, followed by Brazil (X%). The following exporters - the U.S. (X tons), India (X tons), Malaysia (X tons), the Netherlands (X tons) and Sri Lanka (X tons) - 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, Sri Lanka (+X%), Guatemala (+X%), India (+X%), the U.S. (+X%) and Brazil (+X%) displayed positive paces of growth. Moreover, Sri Lanka emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. The Netherlands experienced a relatively flat trend pattern. By contrast, Malaysia (-X%) illustrated a downward trend over the same period. While the share of Mexico (+X p.p.), Guatemala (+X p.p.), Brazil (+X p.p.), India (+X p.p.) and Sri Lanka (+X p.p.) increased significantly in terms of the global exports from 2007-2018, the share of Malaysia (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest papaya markets from Reunion were Mexico ($X), Brazil ($X) and Guatemala ($X), together accounting for X% of total exports.

Among the main exporting countries, Guatemala experienced the highest growth rate of exports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the papaya export price in Reunion amounted to $X per ton, standing approx. at the previous year. Overall, the papaya export price continues to indicate a relatively flat trend pattern.

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

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

Papaya Imports

Imports by Country

The U.S. prevails in papaya imports structure, finishing at X tons, which was approx. X% of total imports in 2018. El Salvador (X tons) took the second position in the ranking, followed by Singapore (X tons) and Canada (X tons). All these countries together occupied approx. X% share of total imports. Germany (X tons), Portugal (X tons), Spain (X tons), the Netherlands (X tons), the UK (X tons) and the United Arab Emirates (X tons) followed a long way behind the leaders.

Imports into the U.S. increased at an average annual rate of +X% from 2007 to 2018. At the same time, El Salvador (+X%), Portugal (+X%), Spain (+X%), Germany (+X%), the UK (+X%) and Canada (+X%) displayed positive paces of growth. Moreover, El Salvador emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. Singapore experienced a relatively flat trend pattern. By contrast, the United Arab Emirates (-X%) and the Netherlands (-X%) illustrated a downward trend over the same period. The U.S. (+X p.p.) and El Salvador (+X p.p.) significantly strengthened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported papayas into Reunion, comprising X% of global imports. The second position in the ranking was occupied by Germany ($X), with a X% share of global imports. It was followed by Canada, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value in the U.S. amounted to +X%. In the other countries, the average annual rates were as follows: Germany (+X% per year) and Canada (+X% per year).

Import Prices by Country

In 2018, the papaya import price in Reunion amounted to $X per ton, approximately equating the previous year. In general, the papaya import price continues to indicate a relatively flat trend pattern.

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

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

Source: IndexBox Platform