Agronometrics Shorts: Avocado Prices Hit Record Highs Amid Supply Squeeze

Hass avocados, especially large-size 48s from California, are selling at around $6.47 per kg—a 41% increase year-over-year. The spike is largely driven by a shortage of large-sized fruit in the U.S. market, just as California begins harvesting its largest crop since 2020. While this robust domestic production is helping fill the gap, it’s only partially offsetting lower volumes from Mexico, the top avocado supplier to the U.S. Adding to the upward pressure, avocados from Peru and Colombia are now subject to a 10% import tariff, with no clear timeline for repeal. This limits the potential for relief on prices during the upcoming summer months, when demand typically climbs. Industry analysts expect tight supply and strong pricing to persist until Mexican production recovers in the 2025/26 marketing season. Until then, guacamole may be more of a luxury than a staple at summer cookouts.

Source: USDA Market News via Agronometrics.

(Agronometrics users can view this chart with live updates here)

Source: USDA Market News via Agronometrics.

(Agronometrics users can view this chart with live updates here)

Source: USDA Market News via Agronometrics.

(Agronometrics users can view this chart with live updates here)

Written by Sarah Ilyas