Click here to go directly to the content

Europe: Growing supply and falling prices for small sizes

Week 50 marked a significant increase in avocado arrivals to the European market, with 679 containers registered. This volume represented a 9% increase compared to the previous week and a 27% increase compared to the same period in 2023, when 535 containers were imported.

Four main origins led the supply, accounting for almost 90% of the total: Chile with 24%, Colombia with 22%, Israel with 21%, and Morocco with another 21%. Spain maintained a 10% share, while Mexico and Peru shared the remaining 2%. In terms of changes, Chile reduced its shipments by 5%, while Israel saw a 7% increase compared to the previous week.

In Rotterdam, market activity slowed, reflecting high supply and cautious demand. Despite this, sizes larger than #20 remained stable, while sizes #22 and #24 faced increased pressure due to excess product. The approach of the Christmas holidays generated moderate expectations regarding market behavior in the following weeks.

In Spain, the situation was different for smaller sizes, which registered notable fluctuations. Size #30 fell from $1.89 USD/kg to $1.57 USD/kg, representing a 17% decrease, marking a downward trend that reflected the challenges of adjusting supply to demand in this segment.

The constantly evolving European market continues to show how different origins and price dynamics are shaping a competitive landscape in the avocado industry.

You can find all the details of the global avocado market in the Avobook Premium Report . Subscribe at avobook.com

Tags

Related articles

Ramón Paz: “Mexico must also grow in value.”
Ramón Paz: “Mexico must also grow in value.”

Ramón Paz identifies opportunities in the southeastern United States, new generations, and food service to sustain the value of avocados.

View more
Sensors and AI to classify avocado maturity
Sensors and AI to classify avocado maturity

A study explores a wearable device for classifying avocado ripeness. Advances and challenges of NIR and AI technology in fruit.

View more
India and avocados:
India and avocados: "There is a significant risk of oversupply"

Ashish Banerjee, co-founder of H Fruits & Co, analyzes the keys to consolidating the avocado market in India: consistent quality and affordable prices.

View more