Few mangoes available on European market
This season there are noticeably less mangoes coming to Europe, one of the reasons is that Brazilian mango producers are choosing to send to the US. Various EU importers on tacler are saying that the market is difficult at the moment. "There are few mangoes available at the moment and the prices are high."
Rodrigo Pedro dos Santos and Carlos Andre Faria
According to him, the weak exchange rate is an important reason not to export, even if the European preference is for fibre-less. "The Tommys are the most important variety in Brazil but in Europe they prefer the fibre-less Keith and Kent." Sun City have enough fibre-less mangos left over for their customers from their own production.
He does not expect that the Brazilian production will switch to the fibre-less varieties. "The consumption in the big markets such as Sao Paulo and Rio de Janeiro has, in the last two years, increase enormously, due to an increase in the middle class population and a big change in exchange rates."
The US offers fixed prices, causing Brazilian exporters to choose the American market at the moment. "If European importers don't change, by offering fixed prices the effect will be much less available volumes." The Brazilian producers, according to Carlos Andre, will not take risks any more because there are enough options available to sell the mangoes.
In addition to this the freight charges have also risen dramatically. Carlos Andre says that the shippers have increased charges by 35% since 31 July.
"They know when the season starts, and raise the prices to increase profits. But the Europeans must foot the bill with higher prices based on a low supply. This only increases the risks for exporters."
Contact:
Carlos Andre Faria
Sun City
Klappolder 110
2665 LP Bleiswijk
Tel.: 0031 10 266 76 40
Fax: 0031 10 266 76 49
E-mail
Publication date: 8/26/2011
Contact:
Carlos Andre Faria
Sun City
Klappolder 110
2665 LP Bleiswijk
Tel.: 0031 10 266 76 40
Fax: 0031 10 266 76 49
Publication date: 8/26/2011