In the run up to Cinco de Mayo next month, demand for avocados is likely to increase. The market has been steady so far, but demand and prices could perk up this week.“We're getting a constant supply of avocados out of Mexico right now,” said Kevin Vines of AvoFruit. “Some people have already started to import avocados from Peru, and we will start importing Peruvian fruit in the next couple of weeks.” Along with supplies from California and Mexico, Peruvian avocados could arrive in time for a spike in demand in the coming days.
“Cinco de Mayo is coming up, so we will probably see demand increase,” said Vines. “We haven't seen an increase in prices yet, but it might start happening this week; it's different every year.” On April 20, prices for a carton of Hass 32s were between $36.25 and $38.25 at Mexico crossings through Texas, and demand was reported as fairly good on sizes 32 through 40.
Vines added that volumes of fruit coming from Mexico have increased every year to meet growing demand in the U.S., where consumption is nearing 2.0 billion pounds annually. AvoFruit will have a 52-week supply of avocados this year, supplying markets in Asia and the United States.For more information:
Kevin Vines
AvoFruit
+1 949 251 0963