Peruvian avocado shipments to Europe reached their highest volume so far this year, and exports to Canada are growing for Mexico.
The Avobook W 28 Report shows that shipments from Michoacán to Canada have increased by 10% compared to weeks 1-28 of last year, at the expense of a radical decline in Mexican avocados in Europe, a continent where Peru exceeded 600 containers in the final stage of its season.
The data from the Avobook W 28 Report is clear: avocado volumes arriving in Europe from Peru are the highest so far this year. Across all origins, 961 containers will arrive, significantly higher than the 750 recorded at the same time last year. A large portion of these shipments comes from Peru, which for the first time in 2024 has surpassed 600 containers, reaching 640. Kenya also increased its shipments, contributing to the overall growth.
But a sharp decline is expected in the coming weeks, falling to 300 containers, awaiting the arrival of Chilean fruit.
Prices remain stable compared to the previous week, both in the port area of Amsterdam and in Spain, where they fall slightly in the smaller sizes.
United States: Mexico regains ground and Peru remains strong
In the United States, Mexican avocados are gradually regaining ground, reaching a 45% market share. As this growth occurs, they are displacing California avocados, which now account for 28% of the market, dropping from 21 million pounds last week to 16 million.
Peru remains a strong supplier, with 11 million pounds, well ahead of Colombia, which contributes 4.5 million. However, Colombia's performance is noteworthy because it has maintained stable shipments over the last two weeks, improving on last year's performance and exceeding seasonal expectations.
An interesting fact about the North American market is the growth in exports to Canada from Michoacán: last year, Canada accounted for 50% of shipments to markets other than the United States, based on cumulative data from weeks 1 to 27. In the same period this year, that figure has already reached 60%. Part of this growth is proportional to the decline in shipments to Europe, which fell from 7% to 0.8%, thus creating opportunities for other origins to fill that gap.
Prices in that destination remain stable, far from the peak reached two weeks ago. Only one size rose above the norm: size 70, which increased 17% compared to the previous week.
China sustains itself with Peruvian avocados
In the case of the Asian market, Peru remains the sole player in China, with 44 containers, which will decrease rapidly in the coming weeks, going from 28 to 40 in the W and so on, regressively.
The characteristics of this market remain, such as the small price difference between large and small sizes, with the latter sometimes fetching higher prices. In fact, the difference between sizes fluctuates very slightly, between $2.40 and $2.70 per kilo.
Peru gains energy in its final stretch
We have analyzed the Peruvian case in other Avobook publications, noting that the season could end early this year.
Their shipments have gained momentum, with record volumes in Europe. This trend is expected to continue. In fact, they are already matching the volume shipped by the same date last season. However, the curve is expected to decline sooner, coinciding with the arrival of Chilean avocados in both Europe and Asia.
The details of all the data on each origin and destination of avocados in the world can be found in the Avobook W 28 Report .
