Tropical Fruit Market Update 31.10.23

Date: 31st October 2023 Category: Latest News
Tropical Fruit Market Update 31.10.23

Pineapple

The pineapple supply against winter crop is expected to remain not good until February 2024. This is due to the drought in Thailand, which has had a negative impact on the crop. The canned pineapple factories have also not resumed their operations yet, which is contributing to the shortage.

I hope that the situation improves soon and that the pineapple supply against the winter crop returns to normal levels. In the meantime, consumers may need to pay higher prices for pineapples or switch to other fruits.

Papaya

The price of papaya to increase slightly during this winter crop. This is a reasonable expectation, given the recent crop and weather reports.

The winter crop of papaya is typically smaller than the summer crop, due to the shorter days and cooler temperatures. This reduced supply is likely to put upward pressure on prices.

Additionally, the canned food industry is likely to increase its demand for papayas during the winter months, as consumers tend to eat more canned fruits and vegetables during the colder months. This increased demand is also likely to contribute to higher prices.

Overall, the price of papaya is likely to increase slightly during this winter crop.

Mango

The supply of natural mangoes is still low, especially during the winter months. This is because mango trees are a subtropical fruit trees, and they produce their largest crops in warm weather. Mango trees also tend to produce smaller crops in the winter, even in subtropical climates.

This shortage of natural mangoes is likely to continue until the spring - when the weather warms up and the mango trees begin to produce their larger summer crops. In the meantime, consumers may want to consider purchasing other types of mangoes, such as frozen or canned mangoes.

Ginger

It is interesting to note that the price has softened a bit during the last week of October, but remains at a high level compared to 2022. It is also good to know that the crop is expected to last until the end of November or early December.

There are a few possible reasons for the high price of ginger in 2023. One possibility is that there has been a decrease in supply due to unfavorable weather conditions or other factors. Another possibility is that there has been an increase in demand for ginger, perhaps due to its growing popularity as a health food. It is also possible that a combination of both supply and demand factors is responsible for the high price.

The fact that the crop is expected to last until the end of November or early December is good news for consumers, as it means that ginger should be available at a reasonable price for the next few months. However, it is important to note that the price of ginger can be volatile, so it is always a good idea to check the current price before buying.

Overall, it is interesting to see how the ginger market is evolving in 2023. The high price of ginger is likely due to a combination of supply and demand factors. However, the fact that the crop is expected to last until the end of November or early December is good news for consumers.