Global market of papaya:
If you are in the business of growing and export of papaya, the market trends of papaya are of great interest to you.
You’d want to know of the latest developments in the industry and how they impact your business.
If that describes you—then you are at the right place.
In this short post we will examine:
- The market prices of papaya in the various export markets of Netherlands, Germany, France, Italy and South Africa,
- What is affecting the current prices,
- And the actions various players are taking so as to benefit from the current papaya market dynamics.
Market overview of Papaya (Current Trends as at 2022)
- Prices of papaya are high globally
- The high prices are caused by: Rising Airfreight costs, Low papaya volumes of export quality, adverse weather like hail and drought.
- Greatest news to all papaya growers and exporters is “the market demand is strong despite the price increases.”
- Most markets continue to purchase the fruit in increased despite the high prices.
Market Overview in Various Countries and Markets
Netherlands: ‘Despite higher prices, no declining demand for papaya’
- Papaya prices are a lot higher than a few years ago, according to Dutch importers.
- Fortunately, the demand is not decreasing because of the higher prices. It remains the same and in some cases, it even increases slightly.
- The sales are fairly stable.
- Peak in papaya sales is still around the European holidays like Christmas, Easter and 3-Kings.
- Germany: Prices on the rise due to increased freight costs
The fruits are hardly getting any color due to the current weather conditions.
- The papayas are relatively green in color, but still rare and relatively expensive compared to last year.
- This is certainly also due to the increased freight prices, which is still a large problem for importers.
France: High prices due to cost of air freight
The French papaya market is dominated by very small quantities by Brazilian origin, as well as Spanish and African papaya,
- Importers who rely on air transport are facing logistical difficulties:
- As for consumption, it is currently rather stable.
- People consume more and more papaya all year round.
- There is no real spike in sales, they are currently quite level.”
Italy: Lack of good quality fruit puts pressure on papaya market
There is a lack of adequate fruit in quality, good-looking and colorful; prices are too high. “
- The few who manage to get good quality fruit are also getting attractive prices despite the fact that there is a contraction of markets globally.
- An average sale is currently around 20 euro for a 4 kg box, coming by air from Brazil.” The wholesaler expects an improvement in quantities from mid-November.
- “For a 4.5 kg case of Formosa variety, you pay at least 18 euro. However, this is a very good quality product imported by air from Brazil.
- Other kinds of product, for example papaya shipped from Africa, have no market in Italy and are not imported.”
- South Africa: Unusually low volumes push up papaya prices
Papaya volumes coming out of the Lowveld are low.
- The reasons for the sharp drop in volumes since February are not clear.
- Amarket agent notes that a hail event in November last year reduced volumes and now, after last week’s heatwave, sunburn is becoming a problem.
- Overcast conditions from November to February are also mentioned as a possible reason for the low crop.
- “After February production died down and March was very difficult with extremely low volumes,” says a papaya marketer. “It has been a difficult papaya year.”
- “For the past three years the weather hasn’t been normal,” remarks a Lowveld papaya grower. “Our winter was about two weeks long, and we even had light rain during winter, which is unheard of in the Lowveld.”
- Demand is quite good at the moment and prices are, relatively speaking, higher than normal this time of the year, which is purely volume-related.
- Others, however, note that papaya demand and prices are under heavy pressure. South African consumers are having a hard time, but with summer temperatures come the urge to make fruit salad.