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Spain’s Rising Dominance in Mango Imports

by Tatyana Ivanovich
July 8, 2024
in Fruit, News
0
Spain’s Rising Dominance in Mango Imports

Spain’s Expanding Mango Market: Trends and Projections

Spain has become a central hub for mango imports in Europe, with 2023 marking a record year. Import volumes exceeded 85,000 tons, and revenues surpassed 60 million EUR, reflecting a substantial 21.6% increase from 2022. This upsurge indicates not just a quantitative growth but also an economic enhancement, as the market’s value has risen significantly over the past five years—from 43 million EUR in 2019 to 51.4 million EUR in 2021.

Brazil remains the dominant supplier, providing approximately 47,000 tons of mangoes to Spain in 2023. This contribution highlights a consistent and growing export trend, reinforcing Brazil’s position as a key player in the global mango trade. Specifically, about 93% of these exports originate from the São Francisco Valley in northeastern Brazil, predominantly from Bahia and Pernambuco, which account for 47.3% and 45.4% of the exports, respectively. Other states like São Paulo, Rio Grande do Norte, and Ceará also contribute to Brazil’s mango exports.

Looking ahead to 2024, Brazilian exporters anticipate favorable conditions despite a slight decrease in overall fruit production. They expect advantageous pricing and increased export volumes in the first half of the year. This optimism is driven by strong demand and strategic market positioning, ensuring that Spain remains a critical destination for Brazilian mangoes.

The increasing import volumes and rising economic value underscore Spain’s growing influence in the mango import market. This trend not only benefits the Spanish market but also highlights the robust trade relationships and economic interdependencies between Spain and Brazil.

Spain’s role in the global mango import market continues to expand, with significant increases in import volumes and revenue. The strong partnership with Brazil, the leading supplier, is crucial to this growth. As Spain’s demand for mangoes rises, it strengthens its position as a key player in the European market, while Brazil’s consistent export growth underscores its dominance in the mango trade. The outlook for 2024 is optimistic, with expectations of favorable market conditions and continued growth in imports.

Tags: Agricultural TrendsAgricultureBrazil Mango ExportsFarm BusinessFruit Tradeglobal agriculturehorticultureMango Importsmarket growthSpain Agriculture
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