Higher Production Volumes Expected to Reduce Chilean Avocado Prices

The price of fresh Chilean avocados has decreased by 41.8% YoY. Currently, the cost of Chilean avocados stands at 4.08 USD per KG, compared to March 2021 when the price was 7.01 UDS per KG. The price drop is attributed to higher production that created an oversupply. The increase in production is attributed to good weather, successful setting of the fruit, and higher workforce availability.