Mangoes Prices

Mangoes Prices December 2023

In the fourth quarter of 2023, the price of mangoes in the USA reached 2,195 USD/MT. In China, the mangoes prices hit 2,085 USD/MT during December 2023.

Mangoes Price Trend, Market Analysis, and News

IMARC's latest publication, “Mangoes Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” presents a detailed examination of the mangoes market, providing insights into both global and regional trends that are shaping prices. This report delves into the spot price of mangoes at major ports and analyzes the composition of prices, including FOB and CIF terms. It also presents a detailed mangoes price trend analysis by region, covering North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The factors affecting mangoes pricing, such as the dynamics of supply and demand, geopolitical influences, and sector-specific developments, are thoroughly explored. This comprehensive report helps stakeholders stay informed with the latest market news, regulatory updates, and technological progress, facilitating informed strategic decision-making and forecasting.

Mangoes Market Analysis

The global mangoes market size reached US$ 64.7 Billion in 2023. By 2032, IMARC Group expects the market to reach US$ 106.48 Billion, at a projected CAGR of 5.70% during 2023-2032.

• Mangoes are not only good for dishes or recipes, but they also have various health benefits making them a valuable and adaptable fruit in both old-style and modern medicine. Mangoes are also rich in vitamins A and C, helpful for good vision and a bolstered immune system. They are a source of fiber and important for healthier digestion and gut health. Mangoes are an excellent source of antioxidants, including beta-carotene and flavonoids, compounds that protect the body against oxidative stress and chronic inflammation. The pulp of the fruit is a rich wellspring of vitamin D, which alongside zinc endorses improved reproductive health. In traditional Indian remedy (Ayurveda), different parts of mango tree are utilized for the treatment of various ailments specifically as anti-asthmatic, laxative, and sedative. A 2023 article by Cleveland Clinic Health Essentials stated that mangoes contain folate, magnesium, and potassium.
• Mango butter is extracted from the seed part of the ripe mango fruit and it moisturizes the skin because of its emollient properties. This substance is present in creams, lotions, and lip balms that are used to nourish the skin as well as protect it. Since mangoes contain powerful antioxidants and vitamins, mango is indeed a good anti-aging food to combat wrinkles as well as fight against fine lines. Moreover, mango extracts are added to shampoos and conditioners for their capability to moisturize hair and make it stronger.
• The rich sweet pulp of mangoes has been enjoyed in the field of culinary applications for centuries due to its aroma. The skin being removed, and mangoes are normally consumed whole or in fruit salads. Mango is used in these parts of the world, to make traditional dishes. They are also a popular ingredient in desserts, including ice cream, sorbets, puddings, and cakes. In addition to this, mango puree and juice are widely used in beverages to provide a tropical taste to smoothies, cocktails, or soft drinks. In 2023, Coca-Cola India announced the launch of “Maaza Gold”, which is a premium mango drink made from high-quality mangoes.

Mangoes News

The report covers the latest developments, updates, and trends impacting the price of mangoes, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, technological innovations, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the mangoes price trend.

Latest developments in the mangoes industry:

• May 2023: Bacardi launched Mango Chile rum in the US, inspired by a popular Mexican snack.
• September 2023: J₂O expanded its mocktail range with three strong non-alcoholic options, including Strawberry and Orange Blossom Mojito, White Peach and Mango Daiquiri, and Blackberry and Blueberry Martini flavors.

Product Description

Mangoes are a tropical stone fruit belonging to the Anacardiaceae family and have a unique flavor, fragrance, and taste. They prefer well-drained soils and require proper sunlight for optimal growth. They offer numerous health benefits due to their rich nutritional profile. They are an excellent source of vitamins A and C, which are essential for immune function, skin health, and vision. Vitamin A in mangoes helps maintain healthy mucous membranes and skin, while vitamin C aids in collagen formation and wound healing. Mangoes contain antioxidants such as beta-carotene and flavonoids, which protect cells from damage by free radicals. Mangoes also have a low glycemic index, making them a suitable fruit for people with diabetes when consumed in moderation. They provide hydration due to their high water content, which is especially beneficial in hot climates.

Regional Coverage

The report provides a detailed analysis of the market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of FOB and CIF prices, as well as the key factors influencing the mangoes price trend.

Global Mangoes Price

The report offers a holistic view of the global mangoes pricing trends in the form of mangoes price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights current price levels but also provides insights into historical price of mangoes, enabling stakeholders to understand past fluctuations and their underlying causes. The report also delves into price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed mangoes demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape.

Europe Mangoes Price

European mangoes prices are examined, highlighting the market-specific influences in the region, such as stringent environmental regulations, the competitive landscape, and import-export imbalances that significantly affect pricing structures.

Detailed price information for mangoes can also be provided for an extensive list of European countries.

North America Mangoes Price

The analysis of mangoes prices in North America delves into the regional industry dynamics, encompassing the impact of local production and the trade flows between North America and other significant global markets.

Specific mangoes historical data within the United States and Canada can also be provided.

Middle East and Africa Mangoes Price

The report explores the mangoes pricing trends in the Middle East and Africa, considering factors like the availability of natural resources, and geopolitical tensions that uniquely influence market prices.

Region-wise data and information on specific countries within these regions can also be provided.

Asia Pacific Mangoes Price

The mangoes pricing trends in the Asia Pacific are examined, reflecting the role of the region as a major global producer and consumer of agricultural products, with price dynamics heavily influenced by supply chain efficiencies, regional demand surges, and policy shifts in major economies.

This mangoes price analysis can be expanded to include a comprehensive list of countries within the region.

Latin America Mangoes Price

The analysis of mangoes prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, agricultural output, and trade frameworks.

This comprehensive review can be extended to include specific countries within Latin America.

Report Coverage

Key Benefits for Stakeholders:

• IMARC’s report presents a detailed analysis of mangoes pricing, covering global and regional trends, spot prices at key ports, and a breakdown of FOB and CIF prices.
• The study examines factors affecting mangoes price trend, including input costs, supply-demand shifts, and geopolitical impacts, offering insights for informed decision-making.
• The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
• IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The mangoes price charts ensure our clients remain at the forefront of the industry.