By Will Cavan
Executive Director
International Mango Organization (IMO)
Vista, California
August 23, 2011
The first containers of Brazil mangoes have arrived USA and movement was brisk as importers are waiting for the second vessel to arrive which is estimated to have 80 containers on board.
There is a projected gap in shipping between the second and third vessels in September out of Brazil. This could see pricing move up a little as supplies tighten up.
The major importers this year from Brazil are Expected to be Amazon Produce, Continental Fresh, Panorama, and Dayka & Hackett.
Amazon Produce should be the lead importer with almost 50% of product on the first arrivals and then backing off to one third of the overall deal out of Brazil with roughly 2,000,000 (4kg) cartons this year.
Veteran importers Continental Fresh, Panorama and Dayka & Hackett all expect to import roughly 100 containers each.
Alpine Marketing will no longer be in the Brazil deal after more than 15 seasons and one of the pioneers in Brazil.
Vanguard will be out as well this year.
With a strong domestic market for mangoes and a strong local currency exports from Brazil are very hard to justify for mango farmers.
It is hoped that the tighter supplies will keep FOB sales in the $6.00 - $8.00 range this year.
Executive Director
International Mango Organization (IMO)
Vista, California
August 23, 2011
The first containers of Brazil mangoes have arrived USA and movement was brisk as importers are waiting for the second vessel to arrive which is estimated to have 80 containers on board.
There is a projected gap in shipping between the second and third vessels in September out of Brazil. This could see pricing move up a little as supplies tighten up.
The major importers this year from Brazil are Expected to be Amazon Produce, Continental Fresh, Panorama, and Dayka & Hackett.
Amazon Produce should be the lead importer with almost 50% of product on the first arrivals and then backing off to one third of the overall deal out of Brazil with roughly 2,000,000 (4kg) cartons this year.
Veteran importers Continental Fresh, Panorama and Dayka & Hackett all expect to import roughly 100 containers each.
Alpine Marketing will no longer be in the Brazil deal after more than 15 seasons and one of the pioneers in Brazil.
Vanguard will be out as well this year.
With a strong domestic market for mangoes and a strong local currency exports from Brazil are very hard to justify for mango farmers.
It is hoped that the tighter supplies will keep FOB sales in the $6.00 - $8.00 range this year.