United States market
A turbulent week for Mexican avocados, with prices pushing size 48 up to US$63
Imports fell 12.4% in the United States, while Mexico experienced a very volatile week of prices.
Week 21 sent a clear signal to the US avocado market: rising prices. Imports reached 1,376 truckloads, reflecting a decrease compared to the previous week and also to the same period last year. Meanwhile, prices for 25-pound boxes in Texas saw a significant increase, led by size 48, which reached US$63, followed by size 60, which reached US$60 midweek. Prices began to decline over the weekend, but remained volatile.
Behind this trend is Mexico, the main supplier to the US market. During week 21, it accounted for 66.5% of the market share, followed by California with 31.6%, while Peru represented 1.2% of the available supply.
According to Gary Clevenger, the price increase was driven by a slower Mexican harvest, which adjusted supply at a crucial time for demand. However, the analyst warned that this scenario could change rapidly if Mexico recovers its usual production levels and volumes once again flow strongly to the United States, triggering a price correction as swift as the recent rise.
Remember that the details of each figure and the weekly evolution of the movements of the world avocado market in all markets and origins can be found in the AvoReport Premium.
