OVERVIEW OF GLOBAL PAPAYA MARKET
The drought in Brazil is causing a worldwide shortage. In Europe and the United States, the supply is falling and prices are on the rise. This is a bad situation, given the growing popularity of the fruit. Central America is a major papaya production area. Belize, Costa Rica, Guatemala and Mexico are some of the main growers. In Ghana, drought conditions have been playing tricks on the producers. India is a major producer, but its fruit is mainly intended for the domestic market. Relative newcomers include Israel and Spain. In the latter, the sector foresees plenty of potential for this crop.
Drought disastrous for Brazil
Belize is losing ground
Guatemala, the largest exporter