Although the avocado market is normally a little slower over the summer, there is no evidence of that this year. "The market has turned around completely compared to a month and a half ago," says sourcing manager Nico Spruijt of Yex. "The main reason is that Mexico is supplying less avocados than expected and the United States is still buying a lot of trade for good prices."
Nico (right) with his South African supplier
"We saw a considerable dip in the prices in May, which meant the players in Europe held their volumes closer. Now there aren't enough avocados to meet the demand. I expect the market to remain difficult until mid August until more countries come until more countries come into production," according to Nico.
"The Mexican avocados all almost immediately go to the United States. The rest is the production from Peru, Colombia and South Africa, supplemented with a small supply from Kenya, but Colombia is in their down season and South Africa also has a smaller harvest. All in all, shortages all round," concludes Nico.
For more information:
Nico Spruijt
Yex
Tel: 0174 214 543
n.spruijt@yex.nl
www.yex.nl