Papaya Market Overview in Latin America and the Caribbean
In value terms, papaya production reached $ in 2019 estimated in export prices. The total output value increased at an average annual rate of +% over the period from 2007 to 2019; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2018 with an increase of % y-o-y. The level of production peaked at $ in 2014; however, from 2015 to 2019, production remained at a lower figure.
The countries with the highest volumes of papaya production in 2019 were the Dominican Republic ( tonnes), Mexico ( tonnes) and Brazil ( tonnes), together comprising % of total production. Venezuela, Cuba, Colombia, Peru, Guatemala and Costa Rica lagged somewhat behind, together accounting for a further %.
From 2007 to 2019, the biggest increases were in Costa Rica, while papaya production for the other leaders experienced more modest paces of growth.
The average papaya yield amounted to tonnes per ha in 2019, remaining stable against 2018 figures. Overall, the yield, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009 with an increase of % year-to-year. The level of yield peaked at tonnes per ha in 2007; however, from 2008 to 2019, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
The papaya harvested area was estimated at ha in 2019, approximately mirroring the year before. Over the period under review, the harvested area showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the harvested area increased by % year-to-year. As a result, the harvested area reached the peak level of ha. From 2017 to 2019, the growth of the papaya harvested area failed to regain the momentum.
The size of the papaya market in Latin America and the Caribbean stood at $ in 2019, 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). The market value increased at an average annual rate of +% from 2007 to 2019; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 when the market value increased by % against the previous year. Over the period under review, the market hit record highs at $ in 2014; however, from 2015 to 2019, consumption failed to regain the momentum.
From 2007 to 2019, the most notable rate of growth in terms of papaya consumption, amongst the key consuming countries, was attained by Cuba, while papaya consumption for the other leaders experienced more modest paces of growth.
In value terms, the largest papaya markets in Latin America and the Caribbean were Brazil ($), the Dominican Republic ($) and Mexico ($), together comprising % of the total market.
Among the main consuming countries, the Dominican Republic saw the highest rates of growth with regard to market size, over the period under review, while papaya market for the other leaders experienced more modest paces of growth.
In 2019, 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.
In the Dominican Republic, papaya per capita consumption expanded at an average annual rate of +% over the period from 2007-2019. The remaining consuming countries recorded the following average annual rates of per capita consumption growth: Cuba (+% per year) and Mexico (-% per year).