The country’s export shipments are due to fall in 2024, however, as a result of poor weather conditions in the country and reduced plantings
The value of Peruvian avocado exports grew 12 per cent in the second quarter of 2024 compared with the same period last year despite shipments falling 14 per cent in volume.
According to consultancy Fresh Fruit Peru, the country shipped 286,389 tonnes of avocados worth US$559m in the three months from April to June.
The increased value was due to better prices – at US$1.95 per kilogram, the average price was 31 per cent higher than in the same period of 2023.
The main destinations were the Netherlands with a 31 per cent market share, Spain with 19 per cent and the US with 17 per cent.
Industry body ProHass said a projected 16 per cent decline in Peruvian Hass avocado exports this year would likely reduce the risk of an oversupplied European market this summer.
Shipments are projected to reach 468,000 tonnes in 2024, down from 558,000 tonnes last year, mainly due to unfavourable climatic conditions and a slowdown in new plantings.