Avocado market: Moroccan fruit makes its way into Europe

Published 2024년 11월 21일

Tridge summary

The Avobook Report for Week 46 highlights two significant trends in the global avocado market. First, Mexico's dominance in the US market has increased, accounting for 97% of the market, while Europe is diversifying its sources, with Morocco becoming a more prominent supplier due to reduced imports from Chile and Colombia. Despite this, the total volume of avocados received in China is not yet at the same level as in 2023. The report also notes a decrease in exports from Chile and Colombia in the latter half of Week 46, with a 30% and 13% drop, respectively. Finally, the report announces the Global Avocado Summit, scheduled for November 21, organized by the Chilean Avocado Committee and Yentzen Group.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Avobook Report for Week 46 (W46) has two data points that draw attention. The first, the weekly increase in Mexican fruit that impacts the increase in the total volume of avocados arriving in the United States and the more diversified distribution of the European market. In the case of the first, Mexico increased its arrivals to the US market, taking 97% of the market, while on the other side of the Atlantic, in Europe, Morocco is beginning to fill the spaces left by the reduction in arrivals from Chile and Colombia, with fairly stable prices in the comparison between weeks. In the case of the reception of avocados in China, despite the total volume increasing, it is still far from the figures recorded on the same date in 2023, details the Avobook report. The same document indicates that the two South American countries that remain at the top of exports in that region had ...

Source: MXfruit