Agronometrics in Charts: Best pricing scenarios of avocado in the U.S. market

In this week’s “In Charts”, we’ll take a tour of avocado prices and volumes in the North American market.

Avocados in the U.S. market began with prices lower this year than in 2020. The price of avocados began to rise and from week 11 until week 26, slightly exceeding reported prices year on year.

The rise was produced by the large volumes of the fruit that arrived from Mexico as you will see in a later graph.

As of week 27, avocado prices (USD/KG) began to see a significant increase year on year, staying on trend until last week, or week 31.

If we look at the graph below, we can see that in week 31, the price of avocados in the North American market was around $3.02 per kilogram, representing a 22 percent increase year on year.

Currently, the average prices are mainly made up of those from the Hass variety, whose volumes are from California, Mexico and Peru as shown in the graph below.

It is also worth noting, according to the graph is that avocados from California have the best average prices in the U.S. market.

This price increase happened despite high volumes arriving in the U.S. market in July, as can be seen in the following graph.

If we do a weekly breakdown, we can see in the graph below that these volumes decreased from week 25, with a rise in week 28 and proceeded to decrease again, mainly those from Southern California.

Written by: Cristian Crespo F.
Original published in FreshFruitPortal.com on August 10, 2021 (Link)