The global mango market is experiencing dynamic shifts in 2024, driven by impressive export growth from India’s western powerhouse, Gujarat, robust domestic production, and an overall steady price environment for processed mango products. Gujarat has reinforced its position as a key player—responsible not just for the iconic Gir Kesar mango, but for nearly a third of its five-year mango exports in the most recent fiscal year alone.
With over 177,000 hectares now cultivated and output up more than 21% since 2021–22, Gujarat’s top-growing districts—Navsari, Valsad, and Gir Somnath—are fueling India’s response to soaring global demand. International buyers, especially in the U.S. and South Africa, are taking advantage of USDA-approved, irradiated shipments, further strengthening India’s export profile. Meanwhile, current market prices for dried mango remain firm in Europe and Asia, as supply chains adjust to increased production and ongoing weather risks. Looking ahead, weather patterns in major growing regions, trading sentiment, and local fundamentals will be decisive factors shaping prices and market direction this season.
Exclusive Offers on CMBroker
Mango dried
chunks: : 2 – 3 cm. Thickness: 2 mm. – 15 mm MOISTURE 13 – 19 %
FOB 5.62 €/kg
(from VN)
Mango dried
slices: 5 – 9 cm. Chunks: : 2 – 3 cm. Thickness: 2 mm. – 15 mm
FOB 5.85 €/kg
(from VN)
Mango dried
normal sugar, 8-10 mm
FCA 4.55 €/kg
(from NL)
📈 Latest Mango Prices
| Product | Origin | Location | Delivery Terms | Price (EUR/kg) | Weekly Change | Market Sentiment |
|---|---|---|---|---|---|---|
| Mango dried (chunks, 2–3 cm) | Vietnam | Hanoi | FOB | 5.62 | 0% | Stable |
| Mango dried (slices/chunks, 5–9 cm/2–3 cm) | Vietnam | Hanoi | FOB | 5.85 | 0% | Stable |
| Mango dried (normal sugar, 8–10 mm) | Thailand | Dordrecht (NL) | FCA | 4.55 | 0% | Stable |
🌍 Supply & Demand Drivers
- Gujarat Exports Surge: 29% of five-year mango exports shipped in 2024-25 fiscal—prompted by enhanced processing and irradiation facilities for the U.S. market.
- Production Boom: Mango output in Gujarat grew from 917,000 tonnes (2021–22) to 1.115 million tonnes (2023–24): +21% in two seasons.
- Plantation Expansion: Area under mango rose 8.4% since 2021–22. Major districts: Navsari (217k t), Valsad (209k t), Gir Somnath (112k t).
- Global Demand: Strong from key destinations including the U.S., South Africa, and Middle East. GI-tagged Gir Kesar boosts premium demand.
- Irradiation for Exports: 805 t processed at USDA-APHIS-approved Bavla plant in last five years; essential for U.S. shipments.
📊 Fundamentals & Global Comparisons
- Top Indian Exporter: Gujarat’s cultivation (177,000 ha) leads Indian states in growth and premium quality output.
- Comparative Output: India remains top mango producer (2024 proj: 25 million t). Other key exporters: Mexico (2.5 million t), Peru, Thailand.
- Stock Situation: India’s robust 2023–24 crop supports steady global availability, offsetting erratic crops from some Latin American competitors due to El Niño impacts.
🌦️ Weather Outlook & Yield Impact
- Gujarat: Most districts recorded average monsoon onset this season, supporting optimum fruit set and ripening.
Short-term forecast: Saurashtra & Southern Gujarat see patchy showers, but no major cyclones predicted this week, supporting harvests. - Western India & South Asia: Monsoon intensity near normal—limited flooding or drought stress expected through the week; conducive to continued harvesting operations.
- Potential Risks: Persistent humidity may elevate fruit-fly infestation risks. Close monitoring and rapid-field management advised in export-oriented districts.
📌 Key Insights & Recommendations
- ▶ Exporters: Leverage strong global demand, especially for GI-tagged Gir Kesar. Utilize irradiation capacity for North America shipments.
- ▶ Producers: Maintain field vigilance for pests post-monsoon and optimize post-harvest handling to maximize export-grade yields.
- ▶ Buyers/Traders: Secure forward contracts at current prices. Minimal upside risk as supply exceeds early-season projections.
- ▶ Processors: Consider stock build-up—stable prices and good raw material inflow likely.
📆 3-Day Regional Price Forecast (Dried Mango)
| Product | Location | 2025-07-19 | 2025-07-20 | 2025-07-21 |
|---|---|---|---|---|
| Dried Mango (chunks, 2–3 cm) | Hanoi | 5.62 EUR | 5.62 EUR | 5.62 EUR |
| Dried Mango (slices/chunks, 5–9 cm/2–3 cm) | Hanoi | 5.85 EUR | 5.85 EUR | 5.85 EUR |
| Dried Mango (normal sugar, 8–10 mm) | Dordrecht (NL) | 4.55 EUR | 4.55 EUR | 4.55 EUR |
