Peruvian avocado industry resilient in the face of complexity

Fresh Avocado

Fruits

Peru

Market & Price Trends

Published Feb 15, 2024

Tridge summary

Despite challenges such as the El Niño Phenomenon, Cyclone Yaku, social protests, and inadequate irrigation infrastructure, Peruvian avocado exports grew by 4.4% in 2023, reaching US$950 million. The Netherlands, Spain, the United States, Chile, and the United Kingdom were the main importers. However, high temperatures affected the fruit's physiological processes, causing a stagnation in dry matter content and increased fruit drop. Peru aims to export 25% of its avocado production to the United States by 2025, with strategies to increase the dry matter content in the fruit and improve post-harvest management practices. The article also highlights the use of Agronometrics, a data visualization tool that helps industry professionals track daily market prices and make informed decisions.

Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

In this installment of the "Agronometrics in Graphics" series, Sarah Ilyas reviews the state of the Peruvian avocado industry. Each week, the series looks at a different horticultural product, focusing on a specific origin or theme and visualizing the market factors driving change. Peruvian avocado exports reached US$950 million during the 2023 campaign (March-October), showing a growth of 4.4% compared to the previous year, according to the Association of Exporters (ADEX). Despite this positive trend, the sector faced multiple challenges, including the impact of the El Niño Phenomenon, Cyclone Yaku, social protests and problems related to inadequate irrigation infrastructure, according to Claudia Solano Oré, ADEX Agroexport Manager. According to data from the ADEX Data Trade Commercial Intelligence System, the Netherlands emerged as the main importer, making purchases worth 282 million dollars, which represents 30% of the total and experiencing a notable increase of +109%. Spain ...

Source: MXfruit