Avocado prices on the rise in the United States
The Avobook Report for week 39 shows that the US market closed the previous week with 10% less total volume than the previous week. A similar trend is observed when compared to the same period last year, with a 24% decrease in fruit volume.
This is a scenario where Mexico continues to grow its presence, now holding 87% of the market, with California relegated to a 5% share. Peru is declining, but still maintains 4%, and Chile reaches 2.5%. Further down the list are Colombia and the Dominican Republic with smaller volumes.
Despite the overwhelming presence of Mexican fruit, the quantity of avocados from this origin decreased from week to week. During week 37, it contributed 45 million pounds.
And now it stands at 40 million, which represents a 13% decrease. But this is a very brief drop, and the next reports should show a return to its upward trend.
California is another story: from one week to the next, its tonnage contribution decreased by 32%. Chile, with its small percentage of the total volume, grew by 28%.
Prices increased across the board. The largest increase was in size 60 (medium), which rose from $30 to $35 per 25-pound box (+14%).
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 39.
