PERU'S "OUT OF CONTROL" MANGO EXPORTS REGISTER 57.5% GROWTH IN 2011 FIRST HALF...THE COMING SEASON WILL BE A CHALLENGE TO AVOID LAST SEASONS MISTAKES...

Peru’s mango exports grow 57.5% in H1


August 26th, 2011

Peruvian consultancy Maximixe has revealed figures showing the country’s mango exports rose 57.5% year-on-year to US$141.4 million in the first half of 2011, website Alertaeconomica.com reported.

The story reported the Netherlands was the largest buyer with 38.4% of total export volumes, followed by the U.S. (36.7%), the U.K. (5.4%), Canada (4.7%) and Spain (4.1%).

Maximixe’s growth figures are slightly under statistics released by the Ministry of Agriculture (MINAG) earlier this month, citing a rise mango shipments of 62% in the first half.

Alertaeconomica.com reported a 22.8% average annual export growth rate for the fruit over the last five years.

Sunshine Export is the country’s leading mango exporter with 10.9% market share, followed by Camposol with 9.7%, the story reported.

Several industry experts and growers have cited an oversupply in the global mango market.

What is your outlook on the global mango market and exporter/grower returns? Please send comments to news@freshfruitportal.com, or let us know on Twitter/Facebook.

Photo: Minag

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