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Avocado prices finally climbing

2020-08-29 foodmate

Tag: market Price Avocado

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Lately, theres been an abundance of avocados at low prices on the market. However, in the last two weeks, these prices have started climbing. "Demand is rising, and the supply is decreasing a little. So, prices have recovered somewhat. Prices are stable again. Were back to a normal level for this time of year again," says Ive Lambert of Starfruit, in Belgium.

"This summer wasnt the best for avocados. Weve never experienced that. In recent years, demand was always higher than supply. Even new plantations couldnt keep up with demand and the markets growth. This expansion has now leveled off. But I think the Hass avocado market will continue growing. Just a little slower. Thats been the case with blueberries and pomegranates. Every product has a ceiling."

Currently, Peru and South Africa are the main players on the market. Colombia supplements them. The Mexican season is slowing getting started. "There are some Kenyan avocados on the market too. This is, however, not a favorite Hass country of origin. Avocados from Kenya dont have great dry matter and oil content. So, the typical avocado flavor doesnt come to the fore so well," Ive concludes.

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