Peruvian avocado exports affected by low prices

Published 2022년 10월 28일

Tridge summary

From January to September of 2022, Peru experienced an 11% increase in avocado export volume, reaching a total of 613,947 tons, but a 10% decrease in export value, resulting in a revenue of $976 million and an average price of $1.59 per kilogram, one of the lowest in the past four years. Despite the price drop, the avocado cultivation area is expected to expand from 18,000 hectares in 2017 to 43,000 hectares by the end of 2022, with major production regions being La Libertad, Lambayeque, and Lima. The Netherlands, the U.S., and Spain have been the primary importers of Peruvian avocados, experiencing changes in both volume and value compared to the previous year.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Peruvian avocado exports are exported during most of the year, however, from January to September is when 99 percent of shipments are made. During this period of 2022, avocado shipments totaled 613,947 tons worth $976 million, resulting in a growth in volume of 11 percent but a decrease in value of 10 percent.The drop in price in key markets attributed to this decrease in value, where the average Peruvian exported only received $1.59 per kilogram, one of the lowest prices recorded in the last four years, as reported by Peru’s Fresh Fruit media.In 2017 there were about 18,000 hectares of avocado in Peru and by the end of 2022 it is forecasted that about 43,000 hectares will be reached. Regions that have stood out the most in production are La Libertad, Lambayeque, and Lima with 34, 20, and 15 percent of the participation, respectively.Until 2022, the main destinations for Peruvian avocados were the Netherlands with a 29 percent share, the U.S. with 28 percent, and Spain with 14 ...

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