Chile, avocado: the green gold hits some stumbling blocks

Published 2021년 1월 5일

Tridge summary

The avocado market has seen significant growth due to its consistent availability, the introduction of the high-quality Hass avocado, competitive pricing, and effective promotional campaigns. Mexico remains a key player in avocado production, which has expanded globally to countries such as Peru, the Dominican Republic, Colombia, the U.S., and Chile. However, the 2020 pandemic brought challenges, including a surge in supply and a decline in alternative sales channels. This led to an oversupply and a drop in prices, impacting the industry's previous success. To maintain growth, the avocado industry needs to adapt, adapt shipping plans, meet market demands, and diversify destination markets.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

By TopInfo The avocado one of the most successful fruits of recent years thanks to its increasing popularity. Now a fashionable fruit, avocados have gone from being considered an exotic fruit for sporadic consumption to a habitual purchase. This accomplishment stems from the fruit being made available year-round, the introduction of the Hass avocado which has higher culinary quality than previous varieties, competitive pricing, and promotional campaigns. Avocados are closely associated with Mexico, the product’s place of origin where it is incorporated into many foods and traditions. One out of every three avocados worldwide is Mexican. Avocado production is already enormous but nevertheless continues to grow at a gigantic rate. The ‘Green Gold Fever’ has also spread to other countries which have strongly expanded avocado cultivation and commercialization. Such is the case with Peru, the Dominican Republic, Columbia, and on a lesser level, the U.S. and Chile. World supply has ...

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