Avobook Report Preview W51-2024
Mexico's exports to the United States fall by 20%, while Colombia boosts its global shipments with a 15% increase.
In the United States, exports decreased by 20% compared to the previous week, largely due to a 21% reduction in shipments from Mexico. However, Colombia managed to increase its exports by 11%. Mexico's market share fell from 97% to 94%, allowing Colombia and the Dominican Republic to each increase their share to 3%. Regarding prices, large sizes (32 to 40) led the way with highs of $67.50 USD per 25-pound box, while medium and small sizes, such as 48, fell by 9%.
In Europe, shipments grew by 20%, reaching 796 containers. Chile led the market with a 22% share, followed by Israel (21%), Colombia (19%), Spain (18%), and Morocco (18%). Israel stood out by increasing its exports by 17%, while prices in the Netherlands, a key indicator in the European market, registered a notable increase in smaller sizes, such as size 30, which rose by 33%.
In China, although volumes are still modest, shipments increased by 19%, with Chile dominating more than 90% of the market.
For its part, Chile reported a total of 190 containers exported at the close of week 50, marking a weekly increase of 4% and a year-on-year increase of 78%. However, its trade focus is diversifying: Europe reduced its share to 44%, while Latin America and Asia gained ground with 29% and 22%, respectively.
Colombia reached a record 250 exported containers, surpassing the 200 of the previous week, with a weekly growth of 15%. Europe continues to be its main market, representing 73% of its exports in 2024, while the United States accounts for 27%.
This is just a portion of what's detailed in the Avobook Premium Week 51 Report . See Avobook Premium W51
