The United States halted the decline in prices
The US market closed the week receiving 1,327 truckloads and containers of avocados, a figure very similar to the previous week, despite a slight decrease of 2%. Nevertheless, the volume of fruit remains 10% higher than at the same time last season, in a campaign dominated by the Mexican harvest.
Their shipments cover 81% of the US market, consolidating their dominance through sustained growth, confirmed week after week. Meanwhile, California and Peru are experiencing a sharp decline: the local supplier fell by a significant 39%, retaining only a tenth of the market, while Peru saw a 17% drop. California's figures are evidence that it has begun a decline that will result in very little fruit available starting in October.
In this context of economic contraction, Latin American fruit is experiencing a slow but steady recovery, with Chile now accounting for 2.5% of the market with shipments of 1.3 million pounds. While percentages can sometimes be misleading, it's worth noting that Chile's shipments jumped 81% compared to the previous week.
As for prices, the downward trend that affected medium sizes seems to have stopped, as they remain stable for all fruit sizes.
Remember that the details of each figure and the weekly evolution of the movements of the world avocado market in all markets and origins can be found in the Avobook Premium Report of Week 37.
