Peruvian Hass avocado export projections lowered
From
| 25 July 2023
Overview of avocados from Peru in the U.S. market, complemented by charts from Agronometrics. Original published on July 20, 2023.
The Hass Avocado Producers Association of Peru (ProHass) reduced the projection of exports of avocados 598,344 tons in 2023, after estimating shipments of more than 630,000 in March, according to La Republica.
This projection is even less than the 624,000 tons that ProHass announced in January and represents only 8 percent more than the 554,299 tons that were shipped in 2022. Until a few months ago, a growth of 14 percent was expected for the current year.
Source: USDA Market News via Agronometrics.
(Agronometrics users can view this chart with live updates here)
Juan Carlos Paredes, president of ProHass, attributed this setback to a harvest with fruits between 10-15 percent smaller due to the effects of the La Niña phenomenon in 2022. The estimate for shipments to Europe in 2023 had already gone from 358,685 to 341,850 tons.
“During the last few years, we have had a very large growth in avocado exports to the world. This year we expect to close at close to 600,000 tons, an advance of 8 percent compared to 2022,” Paredes said at a press conference.
ProHass expects export growth in the order of 10 percent by 2024. By 2023, it anticipates that demand growth will remain between 6-8 percent per year nationally and internationally.
“Initially, growth was projected at 14 percent, but we have reduced the figure due to a smaller fruit size. It is equally important, with Peru being the second exporter worldwide,” said Paredes.
It is not the only obstacle that the sector has encountered this year. The transit time to Asian countries –one of the markets most sought after by producers — has not yet recovered its pre-pandemic levels. Insurers also do not cover port diversion delays.
Consequently, the avocado is no longer exported to prevent it from spoiling along the way, and with this, the entry with larger volumes to still incipient markets for the Peruvian Hass avocado such as India, Japan, Korea, and China is lost. The latter has been multiplying the number of containers it receives.
“Transit times are long, which makes trade with countries on this continent difficult,” Paredes added.
Currently, Peru has around 60,000 hectares of Hass avocado, managed by a total of 23,675 producers. It is the second largest global exporter, only behind Mexico, to the point that 80 percent of the avocado consumed in the countries of Europe in summer is Peruvian.
The News in Charts is a collection of stories from the industry complemented by charts from Agronometrics to help better tell their story.
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