Agronometrics in Charts: Relief in sight for soaring Mexican avocado prices
Fresh Avocado
Mexico
Published Jun 30, 2022
Tridge summary
In this installment of the ‘Agronometrics In Charts’ series, Sarah Ilyas studies the state of Mexico’s avocado season.
Original content
Each week the series looks at a different horticultural commodity, focusing on a specific origin or topic visualizing the market factors that are driving change. The Jalisco avocado sector maintains commercial openness with more than 30 countries including Canada, Japan, Spain, United Arab Emirates, Russia, Belgium, Netherlands, France, United Kingdom, Uruguay, Portugal and Germany, exporting more than 113,000 tons (249 million pounds) of avocados, with the U.S. soon to join. By entering the U.S. market, Jalisco will establish a new precedent for Mexican avocado exports, making it likely that other states such as Nayarit would soon follow suit. This presents an opportunity for economic growth, since avocados are the second agri-food product that generates the most revenue for the country in terms of exports. The approved date to begin shipping into the U.S. is June 15th. The trending prices for avocados are currently high as Michoacán rounds up its existing crop and prepares for ...
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