The latest Avocado Market report by the consulting firm Maximixe indicates that in 2019 the exports of avocado and its derivatives will increase by 8.5%, generating 853 million dollars, due to the greater demand for fresh avocado from the Netherlands, the United States, Canada, Spain, the United Kingdom, and China.
During 2018, shipments of avocado and its derivatives reached 786 million dollars in value and 375,000 tons in volume, increasing 28.5% in value and 48.7% in volume over the previous year. This disparity between volumes and values is explained by the 14% decrease in the average export price to Europe due to the oversupply from Peru and South Africa, mainly.
Exports of fresh avocado amounted to $455 million in the first half of 2019, growing 9.3% year-on-year. Exports of frozen avocado grew by 34.6%, while pulp and mash avocado exports fell 79.6%.
National avocado production amounted to 386,200 tons in the first half of 2019, i.e. 9.1% more than in the same period of the previous year, due to the increase in production areas in the regions of Ica, Chincha, Pisco, Palpa, and Nazca after the entry of the Peruvian Hass avocado to the Thai market.