Mexico leads the US avocado market; Peru gains market share and Colombia loses ground.
At the close of week 25, the U.S. avocado market recorded an estimated total of 1,585 shipments, including both truckloads and container loads. This figure represents a marginal decrease of 2% compared to the previous week, although it remains significantly higher than the same period last year, indicating a still favorable situation for the avocado trade.
Regarding market share by origin, Mexico continues to lead with 56%. Peru climbed to second place with 22%, displacing California, which fell to 16%. Colombia captured the remaining 6%. While Mexico and California maintained their levels without significant changes compared to the previous week, Peru stood out with a 21% increase in shipment volume, consolidating its market share. In contrast, Colombia experienced a 12% contraction in its shipments.
In terms of prices, a general downward trend was observed in larger gauges, especially from 32 to 40. Gauge 48 showed the most pronounced decline, with a 9% drop, followed by gauge 60, which fell by 6%. However, gauge 70 showed a recovery with a 7% increase, while gauge 84 remained unchanged.
From a technical analysis perspective, Sergio Paz emphasized that, although there is still seasonal fruit to be harvested, the start of the new harvest has slowed, impacting the current supply. He also anticipated a downward trend in Mexican fruit prices in the coming days.
Antonio Villaseñor added to the overview, indicating that the market is going through a transition period, characterized by a mix of dark fruit and fruit of inconsistent quality, a phenomenon that will continue for several weeks. It is estimated that by August, the supply will consist exclusively of fruit from the new season.
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