Peru would send 22,000 more tons of avocado to Europe in the 2023 campaign

Fresh Avocado

Fruits

Peru

Published Mar 10, 2023

Tridge summary

At the crossroads of the hemispheres, the Mediterranean avocado campaign is coming to an end. A campaign that, in a context of deficit production, has been relatively well oriented in terms of prices and sales flows. "All winter productions have been in deficit this season, except Colombia and Mexico, which have not been able to make up for the lack of production in Spain and Israel," reports François Bellivier, Capexo's development director. The avocado supply continues to decrease with the arrival of the last Mediterranean fruits of the season. "We are in a transition period with dwindling supply. Mediterranean origins will continue to be available for the next 15 days, then Peru will take over with very sizeable volumes expected again this year, mainly arriving from early May to late August (between weeks 19 and 35)”. With a total production of 70,000 tons more than last year and a planned export to Europe of 22,000 tons more (7%).

Original content

(Agraria.pe) But given that the US market may be difficult this year due to the large production from Mexico, this number is likely to be revised upwards. Meanwhile, and in this context of supply deficit, the market promises to be good and rising for the next four/five weeks. But after this transitory period, there is still the risk that the market will remain high in the face of a growing supply at the start of the campaign: "It is because there is a shortage of supply that the market has risen, not because consumption has increased. The The risk is that prices remain high at the beginning of the Peruvian campaign with increasing volumes.In this case, the product is unattractive to the consumer: it is expensive and represents an early season fruit that has not reached its optimum maturity. On the other hand, an attractive market also attracts the interest of some exporters, regardless of the quality of their products. This causes a slowdown in consumption. And in this case, ...

Source: Agraria