U.S. - Papayas - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPapaya Price in the United States - 2023
Contents:
- Papaya Price in the United States (CIF) - 2023
- Papaya Price in the United States (FOB) - 2023
- Papaya Imports in the United States
- Papaya Exports in the United States
Papaya Price in the United States (CIF) - 2023
In September 2023, the average papaya import price amounted to $576 per ton, dropping by -5.4% against the previous month. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 an increase of 12% month-to-month. As a result, import price attained the peak level of $676 per ton. From March 2023 to September 2023, the average import prices remained at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In September 2023, the country with the highest price was Guatemala ($703 per ton), while the price for Mexico stood at $556 per ton.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Guatemala (+0.1%).
Papaya Price in the United States (FOB) - 2023
In September 2023, the average papaya export price amounted to $1,558 per ton, growing by 13% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +1.2%. The most prominent rate of growth was recorded in February 2023 when the average export price increased by 14% m-o-m. As a result, the export price reached the peak level of $1,802 per ton. From March 2023 to September 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Hong Kong SAR ($4,639 per ton), while the average price for exports to Mexico ($1,067 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+1.1%), while the prices for the other major destinations experienced mixed trend patterns.
Papaya Imports in the United States
Papaya imports into the United States stood at 213K tons in 2022, surging by 6.6% compared with 2021. The total import volume increased at an average annual rate of +4.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, papaya imports amounted to $135M in 2022. The total import value increased at an average annual rate of +1.3% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 7.6%. Imports peaked in 2022 and are expected to retain growth in years to come.
Import of Papaya in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Mexico | 92.4 | 87.0 | 101 | 110 | 6.0% |
Guatemala | 32.3 | 26.2 | 20.9 | 20.8 | -13.6% |
Others | 5.2 | 3.9 | 3.9 | 4.0 | -8.4% |
Total | 130 | 117 | 126 | 135 | 1.3% |
Top Suppliers of Papaya to the United States in 2022:
- Mexico (178.4K tons)
- Guatemala (30.3K tons)
Papaya Exports in the United States
After three years of growth, overseas shipments of papayas decreased by -19.4% to 13K tons in 2022. Over the period under review, exports saw a slight slump. The pace of growth appeared the most rapid in 2021 with an increase of 12%. As a result, the exports attained the peak of 17K tons, and then reduced rapidly in the following year.
In value terms, papaya exports reduced dramatically to $20M in 2022. Overall, exports showed a mild decline. The growth pace was the most rapid in 2021 with an increase of 10%. As a result, the exports reached the peak of $25M, and then shrank remarkably in the following year.
Export of Papaya in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Canada | 18.1 | 19.8 | 22.4 | 17.6 | -0.9% |
Hong Kong SAR | 2.0 | 2.3 | 2.1 | 2.0 | 0.0% |
Others | 1.1 | 0.8 | 0.8 | 0.8 | -10.1% |
Total | 21.2 | 22.9 | 25.3 | 20.4 | -1.3% |
Top Export Markets for Papaya from the United States in 2022:
- Canada (12.7K tons)
- Hong Kong SAR (0.5K tons)
This report provides an in-depth analysis of the papaya market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 600 - Papayas
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In July 2022, the papaya price per ton amounted to $658, almost unchanged from the previous month.
In May 2022, the papaya price per ton amounted to $678 per ton, which is down by -3.1% against the previous month.
In 2020, American papaya imports reached $134M, the highest point over the last decade. Both in volume and value terms, imports grow for the second year in a row despite the pandemic. Mexico and Guatemala rule the American import market, comprising 98% of the total volume of shipments to the U.S. In 2020, the average papaya import price in the U.S. rose by +2% compared to the previous year's figures.
In August 2022, the fruit price per ton amounted to $958.2, reducing by -7.3% against the previous month.
In August 2022, the watermelon price per ton stood at $307, surging by 37% against the previous month.
In June 2022, the watermelon price per ton amounted to $492 per ton, declining by -3.7% against the previous month.
The average import watermelon price per ton stood at $540 in Apr 2022, with an increase of 11% against the previous month.
From 2017 to 2023, Melon imports saw steady growth, reaching $379M in 2023.
In February 2023, the price of melons per ton (CIF, US) was $724, a decrease of -3.5% compared to the month prior.
In August 2022, the melon price per ton amounted to $308.1, dropping by -53.5% against the previous month.