Price of Hass avocado is 40% lower this year compared to Fuerte in South Africa

Published 2021년 8월 26일

Tridge summary

The market for the avocado variety Fuerte in South Africa is experiencing a surge with prices reaching €6.20 and €7.30 for a 4 kg carton, nearing record highs, due to low supply of only 18,000 cartons compared to the usual 28,000 at this time of year. Despite the high demand, the price for the other variety, Hass, is significantly lower at €3.38 and €3.95 for a 4 kg carton. The increased demand for Hass is anticipated due to the decrease in imports from Peru. However, the riots in KwaZulu-Natal and a cyber attack on Transnet's systems have impacted exports, highlighting the importance of efficient logistics for the horticulture sector.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The market for Fuerte is currently high, €6.20 and €7.30 for a 4 kg carton, which is very close to record levels, and the price has been at this high level for a month, says Ricardo Kotze, avocado specialist at GROW BothaRoodt on Johannesburg's municipal fruit and vegetable market. There are no large quantities of Fuerte, but there is a steady flow and, he adds, buyers are willing to pay extra for this variety. The quality of avocados from Eswatini (former Swaziland), which sends significant quantities to South Africa, is very good, he notes. "The market supply is very low, we are at 18,000 cartons while we are normally at 28,000 cartons at this time of year. We are still getting fruit from growers in Nelspruit and KwaZulu-Natal, but many of them are waiting for the export market to improve before they are starting to pick. We expect the supply to start to pick up in the coming weeks." For Hass, the price on the market in Johannesburg is much lower, namely €3.38 and €3.95 for a 4 ...
Source: AGF

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