Global avocado: Mexico lowered participation in the United States

Published 2024년 6월 26일

Tridge summary

A recent Avobook's report highlights the effects of the temporary suspension of avocado imports from Michoacán, Mexico, on the US market. The suspension led to a decrease in Mexican avocado shipments from 33 to 27 million pounds, but the country still has 22.3 million tons in inventory, enough for third place in the market behind the US and Mexico. Meanwhile, Peru's avocado exports to the US have seen a significant increase, reaching a 14% market share. The report also addresses price fluctuations in Europe and China, with Peru being the dominant supplier in China after Kenya's departure.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The temporary suspension of avocado imports from Michoacán, Mexico, to the United States, following an incident involving two APHIS officials, had an impact on shipments from the main supplier of this fruit to the US market in recent weeks. According to Avobook's week 25 report, Mexican shipments showed a drop in volume from 33 to 27 million pounds, putting its market share at 50%. However, the report indicates, there are still 22.3 million tons of Mexican avocado in inventories, equaling the Californian supply that maintains a third of the market. Related news: Mexico and the United States reach an agreement to restore avocado exports In the case of Peru, the country stands out with a significant increase, reaching 14% participation in the United States, while Colombia stands at 5%. Prices have experienced the largest increase of the year, exceeding expectations, the report highlights. Europe Avobook reported that, as Brazil finishes its harvest, its weekly shipments will be ...
Source: MXfruit

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