POST Online Media Lite Edition


Prices of tropical fruits in Mexico increased 200%

Staff writer |
This year, the price of some tropical fruits such as bananas, watermelons, papayas and pineapples, have sky rocketed in Mexico.

Article continues below

These products' prices have had increases between 33 and 220 percent when compared to the same time period in 2013, reports Elgolfo. According to the National Information and Market Integration System (SNIIM), the increases in prices have been a result of the low production caused by the bad weather.

The list of expensive fruits is headed by the lime with seed, which recorded a price increase of 205.2 percent when compared to prices in Mexico City's Supply Centre at the same time in 2013.

"Prices are increasing because there is a 24,000 ton decrease for the months of January, February and March. However, they are also increasing due to the traders' greed. There's no reason why limes should be sold at more than 37 pesos per kilo," said Sergio Ramirez, president of the Mexican Lime Product System.

According to the SNIIM, there won't be new contributions from other entities in the next two weeks, so the supply will still be limited and prices will continue to be adjusted and increased.

Bananas have increased by 59 percent because of a decrease in supply, due to the winter in Chiapas and Tabasco and the flooding experienced by this organization in December. Prices will remain high throughout the next fortnight, as there won't be a speedy recovery in supply.

The macho plantain has increased by 41.67 percent as cold fronts in Chiapas, Veracruz and Oaxaca affected production.

Although it's a scarce fruit in this season, manila mango prices have also had a strong increase, 56.7 percent, compared to the same period in 2013.

Other fruits, such as the papaya and the pineapple, recorded a 25 percent increase. Estimates are that their prices will remain high in the coming weeks because of the decline in production due to the atypical rains that affected the plantations in Nayarit in recent weeks.

What to read next

California droughts just one factor in high prices
State agricultural emergency declared in Florida
Agricultural exports to fall to $144.5 billion in 2015