August marks the lowest prices in the US market in the last seven years.
The U.S. market saw 1,558 avocado shipments arrive by week 32, a 16% increase over the previous week and a 6% increase compared to the same period last year. Mexico accounted for two-thirds of the supply, while Peru contributed 19%, California 9%, and Colombia 6%.
The performance of the different origins shows contrasts. Peru and California reduced their shipments by around 10% compared to the previous week, while Colombia increased its shipments by 40%. Mexico, for its part, strengthened its market position by growing in volume by 30%, once again surpassing the 40 million pound mark.
In terms of prices, the main movements were concentrated in the 60 gauge, which registered a 10% decrease. Smaller gauges, such as the 70 and 84, remained stable, while variations in larger gauges and the 48 gauge were less than 3%.
Industry sources add nuance to this scenario. Antonio Villaseñor highlighted that Jalisco has achieved a higher harvest percentage than in previous seasons, with an estimated distribution of 80% for Michoacán and 20% for Jalisco, in total shipments to the United States.
For his part, Sergio Paz warned that August is consolidating as the month with the lowest prices in at least the last seven years, reflecting the pressure exerted by the abundance of fruit in the market.
Meanwhile, from Colombia, Jorge Molina noted that Colombian fruit's participation in the U.S. market has been limited. According to CorpoHass, currently only 25% of Colombian fruit is destined for North America, due to the demands and challenges posed by the product's condition, which could further reduce its market share in the coming weeks.
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