Why is avocado so expensive in Colombia? Price increased more than 60% in the last year

Published 2024년 4월 3일

Tridge summary

In Colombia, particularly in Támesis, Antioquia, the avocado industry is facing significant challenges due to the El Niño phenomenon, which has led to a decrease in supply and subsequent price increases for varieties such as Hass and Papelillo. This situation has affected consumer purchases and local businesses, with a notable gap between the main and secondary harvests exacerbating the issue. Despite these challenges, Colombia remains a significant exporter of avocados, with exports reaching countries like the Netherlands, the United States, and Hong Kong, among others. The country exported at least 147,244 tons of avocados and is looking to expand its market reach to Chile and Asia. Corpohass projects a 20% growth in Hass avocado exports by the end of 2024, indicating a hopeful outlook for the industry despite current supply and price issues.

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

Original content

Norberto Pérez makes a living selling fruits and vegetables in Támesis, Antioquia, but for several days he decided not to sell avocados in his awning anymore, because people were not buying them due to their high prices. This behavior began to be seen in several businesses in the municipality. And those who still resist have noticed the decrease in sales of this fruit. “It is unbuyable, it is already a luxury to eat it,” says Don Pacho, another Antioquia merchant. But this situation does not only occur in that municipality in the Southwest of Antioquia. Although food ceased to be the item that contributed the most to inflation in Colombia for more than a year (it had an annual increase of 1.89% in February), throughout the country there has been a strong increase in the value of avocado, both Hass and the Papelillo or Lorena variety. According to data from the Dane Agricultural Sector Price and Supply System (Sipsa), in the Wholesale Central of Antioquia the Hass avocado went from ...

Source: Elcolombiano