Andalusia, Spain : Synthesis of the 2021/22 avocado campaign

Published 2022년 10월 27일

Tridge summary

The European avocado market is experiencing a price drop due to an oversupply of fruit and decreased demand. The average price of avocados has fallen to €1.89/kg, the first time it has been below €2.00/kg since the 2014/15 campaign, marking a 20% decrease from the average price of 2016/20. All varieties have been affected, with Hass, the most popular, down 19%. The market has been saturated with high productions from various origins and an increase in cultivation areas in countries such as Colombia, Kenya, Morocco, Israel, and South Africa. The market has also been destabilized by the large number of origins and different sizes. The production in Andalusia has been affected by heat waves and strong winds. Some farmers have withheld their produce in hopes of a market improvement, resulting in unharvested fruit at the end of the campaign.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The high volume of fruit in the European market, together with a reduced demand due to the loss of purchasing power and international tensions, have had a negative impact on prices at origin. The average price of avocados stood at €1.89/kg, well below the levels of recent companies. According to the records of the Prices and Markets Observatory, for the first time since the 2014/15 campaign, the final price of avocado is below €2.00/kg. In relative terms, it represents a drop of 20% compared to the average price of the 2016/20 period (€2.36/kg). All varieties have been negatively affected. In the case of Hass, with a representation of 83% of the marketed production, the decrease was 19% compared to the same period (€2.53/kg). Since the beginning of the campaign, the European market has been affected by the high productions from different origins that have been overlapping over the months. In addition to the volumes that correspond to a year of abundant production, as in the case ...
Source: Agronoticias

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