Avocado: Europe punishes prices for small sizes

Published Nov 13, 2024

Tridge summary

The Avobook Report for Week 45 (W45) reveals a decrease in the total volume of avocados in the United States for the third consecutive week, coupled with an increase in prices across various sizes. Mexico continues to dominate the market with 95% share, but there is a decrease in the amount of fruit imported. In Europe, avocado imports have fallen by 8%, with Chile still leading the market but experiencing a 25% decrease in volume. This reduction is balanced by a 40% increase in avocados from Colombia and a 30% increase from Israel. In China, prices remain steady and the total volume has grown by 11% due to 21 arrivals each from Chile and Peru. The Global Avocado Summit is scheduled for November 21, organized by the Chilean Avocado Committee and Yentzen Group.

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

Original content

The Avobook Report for Week 45 (W45) details that, for the third consecutive week, the total volume in the United States shows a decrease and there is an increase in the price of practically all sizes. “It is a week with less Mexican fruit in the weekly comparison, which does not prevent it from maintaining 95% of the market, with small complements of Chilean, Colombian and Dominican Republic fruit,” indicates Avobook. In Europe, less fruit was also imported, in this case 8%, with Chile maintaining the leadership in market share, but decreasing its volume by 25%. The entity explained that the fruit that is subtracted from the European market is partially assumed with the increase in avocados from Colombia (+40%) and Israel + (30%), which this week reaches third place in presence on this continent. Regarding prices in Europe, those of small sizes are very pressured, registering decreases that will continue next week. In China, prices are almost identical to ...

Source: MXfruit