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Mexico: Avocado export value continues to grow

According to official figures, the value of Mexican avocado exports continues to rise. This, in a context in which shipments from Mexico to other nations have plummeted as a result of the Covid-19 pandemic.

According to a study by the Consultative Group of Agricultural Markets (GCMA), based on data from the National Institute of Statistics and Geography (Inegi), between January and April, the value of avocado exports was 1,132 million dollars, 3.4 percent higher than one thousand 95 million in the same period of 2019.

This increase occurred despite the fact that the export volume of this fruit fell 11.8 percent in said period, going from 507,000 to 448,000 tons.

Experts say  that, although the quantity of product shipped from Mexico to other countries was lower, demand increased, as people made purchases for the new coronavirus, which caused the price to rise. GCMA analysts indicate that during the first four months of the year the public price of avocado has risen around 18 percent, which has increased the income of producers by 22 percent.

With an annual production of more than 2.3 billion dollars, Mexico alone dominates that market. Far away, with around 730,000 tons, is the Netherlands, and further behind come Peru, 730,000; Spain, 340,000; Chile, 320,000, and the United States, approximately 180,000.

In Mexico, production is dominated by a single state: Michoacán, whose producers are responsible for 50 percent of the harvest of the so-called green gold.

Source: explica.co


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