Avocado prices in Spain reach a new high

Published Oct 8, 2024

Tridge summary

The Avobook report for week 40 reveals significant trends in the global avocado market. In Europe, Spain has seen a surge in avocado prices, reaching a high of 4 dollars per kilo, the highest since week 21. Meanwhile, in North America, the United States is dominating the market with over 90% share, followed by Chile in second place. The value of avocado transactions in North America has slightly increased. In contrast, China has seen a decrease in avocado prices, making it the lowest in three years for week 40. The Chilean Avocado Committee and Yentzen Group are organizing the Global Avocado Summit on November 21.

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

Original content

The Avobook report for week 40 shows interesting news in the global avocado market. In Europe, Spain recorded a new high in prices, reaching 4 dollars per kilo. With this, the Avobook report details, it exceeds what was observed in week 21, when it was at 3.97 dollars. In the case of North America, the United States is “filled” with Mexican fruit that, according to the information, exceeds 90% of market share, with Chile catching up with Canada in second place, although lower with 2.5%. “This market shows a slight increase in the value of avocado transactions, which is transversal to all sizes,” the document states. In Asia, unlike what happens in Spain, China presents two weeks of falling prices. So much so, that they are the ...

Source: MXfruit