In marketing year (MY) 2021/22 Chile will produce 220,000 metric tons of avocado, a 57 percent increase over MY2020/21, due to favorable climatic conditions. Eighty nine percent of the avocados planted in Chile are the Hass variety. Demand for avocados is strong from both the domestic market and the export market, which has pushed prices upwards in the past two marketing years. The top export destinations for Chilean avocados are the Netherlands, Argentina, the UK, and the United States. Domestic avocado consumption will reach 100,000 MT in MY2021/22.
Consumption
Avocado domestic consumption in MY2021/22 will reach 100,000 MT which represents 45.5 percent of production. In Chile, there is strong domestic demand for avocado since Chileans use avocado in every meal.
Chile also imports avocado during the offseason (between May and June) from the United States, Mexico, and Peru to cover its domestic consumption. The average consumer price for avocado increased significantly between January and May 2021 (see Figure 2) due to the seasonality of Chilean avocado production, but also because of lower domestic supply that came from reduced production in MY2020/21. Avocado price reached a historical maximum of 6.8 USD/kg in May 2021. However, in August 2021, prices started to decrease as domestic production increased, stabilizing around 4.7 USD per kilogram.
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Source: fas.usda.gov