Papaya Market Overview in Latin America and the Caribbean
In value terms, papaya production dropped modestly to $ in estimated in export prices. Overall, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of % year-to-year. Over the period under review, production reached the maximum level at $ in 2008; however, from 2009 to , production remained at a lower figure.
The countries with the highest volumes of papaya production in were the Dominican Republic ( tonnes), Brazil ( tonnes) and Mexico ( tonnes), together comprising % of total production.
From 2007 to , the most notable rate of growth in terms of papaya production, amongst the leading producing countries, was attained by the Dominican Republic, while papaya production for the other leaders experienced more modest paces of growth.
In , the average papaya yield in Latin America and the Caribbean reached tonnes per ha, growing by % compared with the year before. In general, the yield recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the yield increased by % year-to-year. Over the period under review, the papaya yield attained the peak level in and is likely to see steady growth in the immediate term. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
In , approx. ha of papayas were harvested in Latin America and the Caribbean; approximately reflecting 2019 figures. In general, the harvested area, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of % y-o-y. As a result, the harvested area attained the peak level of ha. from 2017 to , the growth of the papaya harvested area failed to regain the momentum.
The revenue of the papaya market in Latin America and the Caribbean declined modestly to $ in , approximately equating the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of % against the previous year. Over the period under review, the market hit record highs at $ in 2014; however, from 2015 to , consumption stood at a somewhat lower figure.
From 2007 to , the most notable rate of growth in terms of papaya consumption, amongst the key consuming countries, was attained by the Dominican Republic, while papaya consumption for the other leaders experienced more modest paces of growth.
In value terms, the Dominican Republic ($), Brazil ($) and Mexico ($) constituted the countries with the highest levels of market value in , with a combined % share of the total market.
The Dominican Republic saw the highest rates of growth with regard to market size, among the main consuming countries over the period under review, while papaya market for the other leaders experienced more modest paces of growth.
In , the highest levels of papaya per capita consumption was registered in the Dominican Republic ( kg per person), followed by Cuba ( kg per person), Mexico ( kg per person) and Venezuela ( kg per person), while the world average per capita consumption of papaya was estimated at kg per person.
From 2007 to , the average annual growth rate of the papaya per capita consumption in the Dominican Republic stood at +%. The remaining consuming countries recorded the following average annual rates of per capita consumption growth: Cuba (+% per year) and Mexico (-% per year).