Europe ends the year with a diversified avocado market
The European avocado market is ending the year with signs of a shift in its import dynamics. During the last week, 684 shipments were imported, a figure lower than the peak reached the previous week, marking a 14% drop. This adjustment is not surprising, considering that the previous week was an exception with an increase.
Chile, a key player in supplying avocados to Europe during the last quarter, has been losing ground to other exporting countries . Currently, its share represents 19% of the imported volume, surpassed by Israel (24%), Colombia (22%), and Morocco (21%). Spain, a traditional player in the market, ended the week with 12% of the total.
The steady decline in Chilean exports reflects the fact that the country is reaching the peak of its season, allowing other countries to take a more prominent role in supply. Israel, meanwhile, has shown a 3% decrease compared to the previous week, an unusual phenomenon considering it had registered sustained increases since the start of its season.
Although precise price data is unavailable this week, volumes and overall trends point to relative stability, supported by the typical slowdown in trading activity during the end-of-year holidays. However, uncertainty surrounding the performance of key markets, such as Israel, and the gradual decline in Chile, suggest that the outlook could continue to evolve in the coming weeks.
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