Avocados - the current situation on world markets

Published 2020년 10월 5일

Tridge summary

The Peruvian avocado export market is experiencing a decline with the end of the season for countries such as South Africa, Kenya, and the US, leading to a shift to other producing countries like Colombia, Spain, Italy, and Mexico. The European market is tight with rising prices, particularly for small and medium sizes, while Mexico's export season to certain countries has been postponed due to market oversaturation from the pandemic. Peru is working to expand its presence in the US market. Colombia is also aiming to become a major player in the avocado industry. The article also discusses the avocado market in Germany, France, and the UK, and anticipates a decline in global avocado production this year.

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

Original content

Peruvian avocados exports are declining, and the end of the season is also visible for countries like South Africa, Kenya and the US (California). The market is now shifting to other producing countries such as Colombia, Spain, Italy, and the undisputed avocado-producing powerhouse: Mexico. The European market is tight at the moment so the price has risen. This is especially true of small and medium sizes. However, prices are still below last year's prices. Mexico's avocado export season to Europe, Japan, Hong Kong and Canada has been postponed by about two months this year due to market oversaturation caused by a downturn in demand as a result of the pandemic. Jalisco farmers started shipping in July instead of May, but now things are mostly back to normal. Most of the countries competing with Mexico have now completed their campaigns and the market has stabilized with a good balance between supply and demand. Jalisco farmers are now switching from Mendez growing to Hass growing, ...

Source: SwiatRolnika