Europe: Peruvian leadership and price stability
In Europe, the volume of avocados received in week 35 was 556 shipments, representing a decrease of 4% compared to the previous week and 39% less than in the same week last year.
This scenario continues to be led by Peru, the main supplier in this market, accounting for 79% of the total, followed by South Africa with 12%. This situation reflects a stable supply, without significant changes in market distribution, which is still awaiting a greater presence of fruit from Chile, whose harvest was slowed by the cold weather and the consequent impact on the dry matter content.
Other origins, such as Morocco, are preparing to begin their export season, but it is scheduled to start in weeks 44 or 45. The same is true for Spain. Furthermore, a decrease in volumes from Peru and South Africa is observed, as well as a reduction in supply from Kenya, which could anticipate a need for a shift in fruit sources in the coming weeks.
This suggests that Chile and Colombia will take the lead in replacing Peruvian fruit, which should be rewarded with good prices. In fact, Colombia will begin its harvest in about a month and will focus its efforts on Europe, which appears more attractive than the United States, where Mexico is setting the standards.
However, the weekly price variation has not been significant, especially in the Netherlands, where no noticeable changes have been recorded compared to the previous week. Prices in Spain have also remained at the same levels, reflecting the overall stability across the continent.
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 35.