Baika Colombia: Panorama 2024
Considering that the 2024 avocado off-season in Colombia will be drawing to a close in July, we can already begin to draw some general conclusions about the industry's performance compared to the previous year. While as of May 31st, the Colombian industry shows a 5% drop in exports compared to the same month in 2023, companies like Baika Colombia have demonstrated remarkable growth, outperforming the national trend with a 10% increase in exports during the first five months of the year. Despite the overall market contraction, Baika Colombia has positioned itself as an engine of growth, driving the national industry forward with its focus on quality, sustainability, and efficiency.
Baika has not only achieved 10% growth so far in 2024, but has also exported more than 6,000 tons of avocados during 2023, solidifying the company's position as one of the leading players in the sector. In addition, Baika Colombia has a presence in key international markets with its own offices, including Europe, the United States, Peru, Mexico, and Chile.
Looking to the future: A promising horizon
Despite the decline in national exports during the first quarter of 2024, the outlook for the rest of the year is promising. Volumes for June and July are expected to experience significant growth, driving the sector's recovery and shifting the industry trend, likely resulting in higher export volumes when comparing calendar year 2024 to 2023. Baika Colombia is poised to capitalize on this growth, aiming for higher volumes by the end of 2024, with a target of reaching approximately 9,000 tons of avocados, both from its own production and from partner growers. The company is confident that its commitment to quality, sustainability, and innovation will make it an even more important player in the global avocado market.
With over 6 years of presence in Colombia, Baika has developed a deep understanding of the local market and the needs of its international clients.
Looking to the future, Baika Colombia is committed to remaining a leader in the export of Colombian avocados, working closely with local producers to promote the sustainable development of the industry and bring high-quality avocados to consumers around the world.
