Low prices Peruvian avocado export

Market research firm Fresh Fruit reports that Peruvian avocado exports in the first nine months of this year, which typically represent 99% of shipments, reached 613,947 tons at $976 million. Compared to last year, this is 11% more in volume, but 10% less in value. The average price of $1.59 per kilo this season was one of the lowest in recent years. Over the past five years, the acreage has more than doubled and is expected to reach approximately 43,000 hectares by the end of 2022. In 2021, avocado was the third most important Peruvian fruit and vegetable export product and it is expected to remain in the top 5 for 2022 as well. International challenges"Due to the global logistics crisis, many markets have chosen to prioritize importing products grown closer to home. The European market is a good example of this: major importers such as the Netherlands and Spain preferred products from Israel, Slovenia or Morocco, for example. This has led to a significant increase in competition ...