Peru: Avocado price rises to more than 12 soles per kilo in Lima markets

Published Nov 11, 2022

Tridge summary

Retail prices of strong avocados in Lima have surged by up to 53% in the past two months, according to the Civil Political and Development Association (APYD). The price hike is due to the La Niña phenomenon, which has likely delayed the growth and maturation of avocado trees, leading to a reduced supply. Despite this, avocado production in Peru has seen significant growth, rising from 71 MT in 2002 to 727,000 MT in 2022, with the majority of production concentrated in the regions of La Libertad, Lambayeque, and Lima.

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Original content

In the last two months, the price of strong avocados has increased in the retail markets of Lima, with an increase of up to 53%, according to an analysis by the Civil Political and Development Association (APYD). ýAccording to data taken from the Ministry of Agriculture and Irrigation (Midagri), the price of strong avocados rose, going from S/ 8.30 on September 7 to S/ 12.7 on the last Monday, November 7 in Metropolitan Lima,ý APYD highlighted. Likewise, he reported that, in Lambayeque, the region where the largest strong avocado is produced nationwide, prices per kilo are lower than in the capital, however, they went from costing S/ 8.2 to S/ 10.1, which implies an increase of 23%. Why did the avocado go up? According to APYD, the rise in the price of avocados directly affects households and the gastronomic sector, which has been facing a joint increase in basic supplies for the kitchen such as lemons, potatoes, among others. ýThe increase in the price of avocado may be due to ...

Source: AgroForumPeru