News

Peru faces a greater supply of Israeli avocado in Europe due to the war

Fresh Avocado
Israel
Peru
Published Jun 10, 2022

Tridge summary

Avocado faces low prices that, despite the fact that it is a trend that has been recorded since 2018, this year was aggravated by Russia's invasion of Ukraine, which has increased the supply of product -such as that from Israel- in the European market, the most important export market for Peru. “The Israeli oversupply is too great and it is due to the fact that that country was left without exporting to the Russian Federation, its main market, due to the war with Ukraine.

Original content

Due to these problems, prices have reached very low levels," says José Luis San Martín, commercial director of the company American Fruits Export SAC. It should be remembered that, in terms of prices, since the 2018-2019 campaign, avocado producers have not seen such low prices in the European market. José Luis San Martín explains that last year a box of four kilos of avocado was sold in Spain for a maximum of 14.80 dollars, but currently the price has fallen to 8.34 dollars, causing great concern to producers and exporters. Peruvians. In the case of the US market, the Peruvian campaign begins at the end of May and US buyers are evaluating how much fruit they are going to buy, due to the increased supply from ...
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