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Pakistan mango exports projected to drop 30 percent
Traders expect Pakistan's mango export sales to decline at least 30 percent this season. Shipping costs have risen from $1,400 to between $6,000 and $7,000 per container.
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Pakistan's mango export sales are projected to fall at least 30 percent this season, according to traders. The decline stems from reduced demand in Gulf markets and higher shipping costs linked to regional conflict.
Export volume and markets Total mango exports are expected to shrink by around 30,000 tonnes from last season to 80,000 tonnes. Roughly 80 percent of exports normally go to the Gulf region, Iran, and Afghanistan.
Domestic sales and costs Local households facing higher inflation are buying fewer mangoes despite lower prices. Inflation rose to 10 percent in the three months after the conflict began, up from 5.5 percent in the prior period. Shipping a 25-tonne container of mangoes now costs $6,000 to $7,000, compared with $1,400 last year.
The preliminary agreement announced this week to halt fighting came after the mango season had already started in southern Sindh province.
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LeftNeutralRightGeopolitical export collapseSeasonal freight adjustment
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CorroborationModerate · 2 sources
