Low prices for Peruvian avocado in USA
From week 18 to date, Peru has exported to the US about 4 times the volume exported at the same time last year, which has had a strong impact on the prices of avocados from that origin in that market. Although prices at the beginning of the season were similar to the prices of Mexican fruit, they have dropped every week reaching a difference of between 7 USD and 8 USD per box compared to the prices of Mexico and California.
According to what was mentioned by several USA’s fruit receivers, the market is oversupplied with Peruvian fruit, especially large sizes, 48 and larger; Peru has even sent 28 size, being the only provider that has supplied that size. Large size fruit does not reach good prices, causing that average prices per box of Peruvian fruit have fallen down below those of Mexico and California. Some importers also mention that the condition of Peruvian avocado presents problems impeding that its prices reach the same prices of its competitors. The average price for Peruvian avocado this season is 3.17% lower than the previous season.
Source: iqconsulting.com
