Beyond Mexico and Peru, the new players in the international avocado market

Published 2024년 12월 2일

Tridge summary

The avocado market is seeing an increase in participation with the number of exporting countries expected to rise to 30 by 2030, according to a report by Gonzalo Salinas at the Global Avocado Summit 2024. Currently, Mexico and Peru are the dominant suppliers, but countries like Colombia, Brazil, and Ecuador, as well as Africa's Kenya, South Africa, and Morocco, are gaining traction. The Dominican Republic leads in Central America and the Caribbean. Australia and New Zealand are also emerging, with a focus on the Asian market. This growth in availability is expected to keep the avocado market dynamic until at least 2023.

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

Original content

With ups and downs, all markets are dynamic, including the fruit market, including the avocado market. During the Global Avocado Summit 2024, Gonzalo Salinas, research analyst at Rabo Research, analyzed not only the supply and demand of the fruit, but also the new 'players' in the global trade of this sought-after fruit. Salinas began his presentation by talking about global avocado exports over the last 12 years, a period in which Mexico was and is the great undisputed leader of the scene, but with other suppliers opening an important path, such as Peru, which is already second. Unlike what can happen with other fruits, in the case of avocados, a significant number of new players have emerged, or rather been incorporated, in international trade in recent years, which could exceed 3 million tons before the end of the decade. “If 10 years ago there were 14 countries that exported, in 2023 there were already 23 and it is very likely that in the next seasons or between now and 2030, ...

Source: MXfruit