Australia’s avocado oversupply is causing a domestic price drop but boosting exports, particularly those to Asia.
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According to Australian media reports , following a bumper harvest of Hass avocados in Western Australia, Queensland’s Shepard avocados have also experienced a record harvest, resulting in an oversupply on the domestic market. Lawrence Massasso, a grower in Far North Queensland and director of Avocados Australia , stated that the surplus avocados are being sent to international markets, driving exports to record levels. This season, 20% of Australia’s Shepard avocados have been exported overseas, up from just 10% in previous years. Matthew Watt, managing director of Watt Exports, highlighted that international demand, particularly from Asia, has grown significantly. Asian consumers have become more familiar with avocados and are increasingly incorporating them into their daily diets. The company now exports approximately 10,000 cartons of avocados to Asia each week, up from about 4,000 cartons just five years ago. Key markets include Singapore, Hong Kong and Malaysia, with demand ...