Growth perspective for Peruvian avocado consumption in the United States market

Fresh Avocado
Market & Price Trends
Published Apr 18, 2024

Tridge summary

The Peruvian avocado campaign is currently facing challenges such as lower production, smaller fruit sizes, and a significant pest issue exacerbated by high temperatures. Producers are delaying harvests to improve fruit size for better market distribution, especially targeting the United States and Europe. Despite these challenges, avocado consumption in the U.S. is on the rise, and Peru is expanding its market reach, including new exports to Malaysia. The industry is also bracing for the potential impacts of the La Niña phenomenon, which could affect production differently across regions. While dealing with these challenges, Peru views South Africa and Colombia as its main competitors due to overlapping production seasons, unlike Chile, which collaborates with Peru due to different harvest times. Mexico's year-round production also presents a unique competitive dynamic in the global avocado market.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

( Lower production along with smaller caliber fruit due to the yield of the fields. These are some of the issues that mark the current Peruvian avocado campaign, according to what was stated by the president of the Association of Hass Avocado Producers and Exporters of Peru (Prohass), Juan Carlos Paredes. The president of Prohass stated that the country's main markets, such as the United States and Europe, will receive this fruit well. “Many of the producers in Peru are choosing to hold their harvest for 4 or 5 weeks waiting for the size to grow more, which will make the peak in Peru not so pronounced. Peru's offer will be more fluid and less concentrated, which will help a lot. At this time of year there are shipments to Europe, Asia and in May shipments to the United States increase,” he indicated. As for challenges, in addition to caliber, he explained that a key issue is the Queresas pests (Fiorinia fioriniae), which have increased their presence due to high ...
Source: Agraria
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