Markets and Trade

Commodity in focus

Global production of tropical fruits has grown steadily over the past decade, predominantly in response to increasing demand in major producer areas. While tropical fruits play a small role in global agricultural trade in overall quantities, accounting for a mere 3 percent of world agricultural food products exports, their high average export unit value is well above USD 1 000 per tonne and places them as the third most valuable fruit group globally, behind bananas and apples. Trade in tropical fruits generates a substantial income for smallholder producers, as well as significant export earnings for many of the producing countries, thereby contributing to their food security.

Global trade in tropical fruits has expanded to unprecedented heights in recent years, reaching an estimated aggregate export volume of close to 11 million tonnes in 2023. Strong demand growth in key importing countries has led to ample investments in improving productivity and expanding production areas in supplying countries, notably for avocados.

Current releases
Major Tropical Fruits Market Review. Preliminary results 2024
24/12/2024

The Tropical Fruits Market Review Preliminary Results is issued on an annual basis to Members and Observers of the Sub-Group on Tropical Fruits of the...

Minor Tropical Fruits Global Trade Overview 2024
07/11/2024

This report provides a concise evaluation of the latest trends and developments in the global trade of minor tropical fruits as recorded under HS code...

More Publications
02/07/2002

The new 2002/03 marketing season could mark the beginning of a much tighter supply and demand situation for cereals: opening stocks are smaller than in the previous season, production is forecast to fall and consumption is expected to rise. A total of 31 countries throughout the world are currently experiencing severe food shortages and require international food assistance. A new food crisis has emerged in southern Africa, following two successive years of poor harvests in most countries of the subregion, calling for immediate international response. FAO’s forecast of global cereal output in 2002 has been revised downward to 1 878 million tones, considerably less than expectations in May, and marginally below last year’s level. On latest indications, output of wheat is forecast at 578 million tonnes, down 0.6 percent, while that of coarse grains would be down 0.3 percent at 903 million tones. Production of rice is seen to remain virtually unchanged from the previous year, at 397 million tonnes (milled basis). World cereal trade in 2002/03 is forecast at 235 million tonnes, down 1 million tonnes from 2001/02, mostly due to smaller wheat and rice imports, while trade in coarse grains is expected to increase slightly. A sharp reduction in imports by the developed countries would be almost offset by a large increase for the developing countries. World cereal utilization is forecast to reach 1 938 million tones in 2001/02, 1.4 percent up from the previous year’s level. Early indications for 2002/03 indicate that the growth in cereal utilization could continue but at a slower pace. World cereal stocks by the end of the crop seasons in 2003 are forecast to fall sharply to 498 million tonnes, 71 million tonnes down from their already reduced opening level. At the global level, the anticipated decline in wheat inventories would be most significant but reductions in coarse grains and rice stocks are also expected to be substantial. International cereal prices moved up in the past two months. Wheat prices rose considerably in response to poorer crop prospects in a number of major exporting countries. Maize prices have also strengthened, largely reflecting faster pace in import purchases in recent weeks. Rice prices rose slightly, reflecting tighter supplies in some exporting countries and policy measures in others.

03/05/2002

FAO’s first forecasts for cereal production in 2002 and utilization in 2002/03 indicate that output will remain below the expected level of utilization and stocks will have to be drawn down again in 2003 for the fourth consecutive year. However, supplies are expected to remain ample, particularly of wheat and coarse grains. Despite a generally favourable global food outlook, some 34 countries around the world are experiencing food shortages. The emerging situation in southern Africa gives particular cause for concern. World cereal output in 2002 is forecast at 1 905 million tonnes (including rice in milled equivalent), up 1.1 percent from 2001. Output of wheat is forecast at 603 million tonnes, up 3.7 percent, while that of coarse grains is seen to rise marginally to 910 million tonnes. By contrast, production of rice is tentatively forecast at 392 million tonnes (milled basis), down 1.1 percent from 2001. FAO’s first forecast of world cereal trade in 2002/03 is 236 million tonnes, 1 million tonnes down from the estimated volume in 2001/02. Global imports of wheat are forecast to decline in the 2002/03 July/June trade year while those of coarse grains are expected to increase. Rice trade in 2003 is tentatively forecast to decrease. International wheat and coarse grain prices remain under downward pressure, on the basis of large exportable supplies and generally favourable production prospects. By contrast, rice prices have held steady notwithstanding the arrival of new crop supply on the market. Meat supplies on international markets are expected to rebound in 2002 as animal disease restrictions are lifted for previously afflicted meat exporting countries. A return to normal consumption patterns should favour increased trade, but large supplies of all meats are expected to dampen any significant upward price movement. International prices for dairy products have fallen substantially since mid-2001, with the result that prices for most dairy products are currently at levels rarely seen over the past decade. It would appear that the decline has bottomed out and that prices for some dairy products may rise during the second-half of the year. Growth in global output of oils and fats is forecast to slow down in 2001/02, but could increase for oilcakes and meals. While international prices for oils and fats are expected to recover further from the previous season, the oilcakes and meals sector could suffer downward price pressure as supplies increase relatively more than demand. World pulse production is forecast to grow strongly in 2002, and trade could also increase, but prices will likely decline as exportable supplies are expected to be large. Sugar production is forecast to increase again in 2002/03, signaling another season of excess supply and potentially weaker prices.

 

 With around 2 700 species, tropical fruits are not only a source of nutrition, but also of income generation for farmers who produce them for export.
 In global commodity trade, tropical fruits constitute a comparatively new group and since 1970, they have emerged as significant in the international marketplace.
 Export volumes of fresh tropical fruits display the fastest average annual growth rates among internationally traded food commodities.
 Advances in transportation, trade agreements and shifting consumer preferences in favour of these fruits led to trade growth.
 Tropical fruits are highly perishable during production and distribution, and so environmental challenges are among the key obstacles to sustaining production and ensuring that international markets are supplied.
 Increasingly, erratic weather events are a particularly acute challenge to growing tropical fruits because the vast majority are produced on smallholder farms of less than 5 ha where cultivation is highly dependent on rainfall.

 

 

An estimated 99 percent of tropical fruit production originates in developing countries, predominantly in Asia and Latin America and a smaller share in Africa.

 

In most producing zones, tropical fruits continue to be cultivated at the subsistence rather than the commercial level.

 

The combined exports of the four major tropical fruits represent only 5 percent of total production volume, and the remainder is consumed or otherwise utilized domestically.