Overview of the Peru's avocado exports, complemented by charts from Agronometrics.
Original published in FreshPlaza.com on Janauary 08, 2020
Peru exported almost 100,000 metric tons (MT) more of avocados in 2020 than in the previous year, according to news website Agraria.pe.
Exports rose by 32 percent year-on-year, totaling over 410,000MT
However, this increased supply was not matched by an increased value. Data from Agrodata Peru showed the value of Peruvian avocado shipments for the year that just ended as reaching $771 million. This represents a growth of only 3.5 percent in comparison to 2019.
The lower increase in value, when compared to volume, is attributable to the low avocado prices in the international market. As a result of the fruit’s high supply, many destination markets were saturated. On average prices sank to $1.88 per kilo from the $2.40 seen in 2019
The primary market for Peruvian avocados was the Netherlands, which accounted for 33 percent of the total exports. The second most prominent destination was the United States with 22 percent and then Spain with 17 percent.
Volumes (in KG) of avocados from Peru in the US marketSource: USDA Market News via Agronometrics.
(Agronometrics users can view this chart with live updates here)
Other, smaller percentages of Peruvian avocado supply were directed toward countries such as the United Kingdom, Chile, China, Russia, Japan, and South Korea.
In terms of avocado exporters, the main players for 2020 were: Avocado Packing Company, Westfalia Fruit Peru , Agrícola Cerro Prieto, Camposol, Agrícola Drokasa, and Virú amongst others
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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