Northeast region of Brazil is at the forefront of the mango market

In the latter half of the previous year, a decline in production coupled with strong international demand led to increased prices for producers. Agrodan, for instance, experienced a significant revenue and profit boost, as stated by CEO Paulo Dantas. Despite facing challenges in 2022, the company's average selling price and annual profit in 2023 jumped by approximately 40%, maintaining the same export volume of mangoes.

Agrodan's operations, encompassing around 1.3 thousand hectares in the São Francisco River basin, primarily focus on exports, which constitute about 97% of its revenue. The company exported 30 thousand out of the 33 thousand tons produced.

Data from the Mango Observatory highlights the fluctuating prices of the Palmer mango variety, with producer prices reaching up to R$5.50 in the early months of the year and then dropping to around R$1.90 in February 2023.

Despite the current positive outlook, experts like João Ricardo Ferreira de Lima from Embrapa Semiárido in Pernambuco anticipate an increase in production in the latter half of the year, though this is contingent on weather conditions. Lima also expressed skepticism regarding the repetition of 2023's favorable conditions.

Brazil is ranked sixth globally among mango producers, with the Northeast and Southeast regions accounting for 99% of national production, of which the Northeast contributes 82%.

Source: abrafrutas.org