US reorders calibers and China curbs price increases
While major destinations adjust their margins and prices, the global supply is preparing for a contraction in total volumes due to the climate impact on Peruvian orchards, which will limit future shipments to Europe.
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While the US has seen five consecutive weeks of decline, Europe is registering higher prices than North Americans for the first time since week 19.
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International avocado market: Price adjustments in North America and strong Peruvian dominance in Europe and Asia
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The international avocado market shows price drops in the US and Europe, while Peru and Mexico consolidate their global leadership.
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