Global: Meeting the growing demand for avocados is not easy for importers

Fresh Avocado

Kenya

Published Feb 26, 2024

Tridge summary

The global avocado market is grappling with challenges such as poor weather conditions, the Red Sea crisis, and labor shortages. These issues have affected major producers like Colombia, Peru, and Israel, leading to fluctuations in supply. While Colombia's production is expected to rise by 50% by 2024, Peru's is predicted to drop by 25%. The Red Sea crisis has disrupted the supply of African avocados, causing longer transit times and potential quality issues. Labor shortages in Israel have also resulted in a lower supply, and coupled with increased demand in Europe and limited supply from Peru, prices have surged.

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Original content

(Agraria.pe) Avocado continues to rise in the world market, according to Elena Rogojnikova, from the Dutch company The Greenery. "The 2023/2024 season has so far been fraught with obstacles for avocado importers. It is proving difficult to meet the growing demand for this superfood and ensure adequate supply." "Poor weather conditions affected last year's harvest in Colombia, one of the main producers of Hass avocados for the European market. The season ended earlier than expected. By 2024, volumes are expected to be up to 50% higher in the country, according to some producers," says the importer. "On the other hand, production in Peru is expected to decrease by around 25%. There will be many small sizes and a slight shortage of larger sizes." Impact of the Red Sea crisis on the supply of African avocados"The Red Sea crisis has, of course, had a negative impact on the supply of African avocados, especially those from Kenya and Tanzania. Transit times are significantly longer , ...

Source: Agraria