China: Volume rebound and slight rise in prices
The Chinese market interrupts the stability of previous weeks with a sharp 51% jump in arrivals, maintaining a preference for Peruvian fruit.
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The Chinese market interrupts the stability of previous weeks with a sharp 51% jump in arrivals, maintaining a preference for Peruvian fruit.
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Trade values show a slight drop after five consecutive weeks of increases, in a scenario where the consumer mostly rewards the quality of the avocado.
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The Asian port stabilizes the pace of revenue and registers the most significant price increase since week 22.
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Weekly arrivals have increased by 50%, with 76 shipments originating entirely from Peru. Prices in Asia have risen for the fourth consecutive week.
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Shipments are down due to port logistics, while values at destination continue their upward trend.
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Shipments to Asia have recovered strongly after overcoming logistical hurdles, although prices are still below last year's levels.
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A sharp drop in shipments to Asia reflects the high variability of its ports. Despite the decline, Peru remains the leading exporter.
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Imports are exceeding last year's levels, while prices have been falling for four consecutive weeks.
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Imported shipments rose to 168 in week 21, while prices completed three consecutive weeks of decline.
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Week 20 saw only 22 avocado shipments, all from Peru, while prices continued to adjust downwards in the main sizes.
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The Chinese market recorded 126 shipments from Peru in week 19, with a year-on-year increase of 27% and price adjustments.
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Week 18 ended with 39 shipments, all from Peru, while the 4-kilo box is once again approaching US$6 per kilo.
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A sharp weekly drop in arrivals contrasts with an average of nearly 70 shipments, while prices are falling but remain above historical levels.
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The Chinese market went from a single shipment to nearly 200 in week 16, all from Peru, in a scenario of prices that continue to rise.
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The growth of the crop in Yunnan and other areas is beginning to shape a scenario of greater competition for exporters such as Chile, Peru and Kenya.
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