Avocado imports rise in Europe, decline in China
Specialized intelligence company Avobook's week 29 report noted interesting movements in the global avocado market.
European avocado imports saw a 23% rise compared to the same week in 2023. Interestingly, the report points out that this has not induced a price reduction.
The interesting thing, the report points out, is that this has not induced a price reduction.
Something different can be observed in China, where arrivals from Peru have decreased by more than half year-on-year. Peruvian supplies usually dominate the market at this time of the year.
In the case of the United States, Avobook explains that Mexican supplies account for 40% of the market, while California's account for 28%, and Peru's, 24%. The scenario in the U.S. market shows slightly lower prices than the previous week in all grades.
Review the full report here.
The Global Avocado Summit, organized by the Chilean Avocado Committee and the Yentzen Group, will be held on November 21 at the Casino Monticello event center in Chile.