Global avocado exports hold in 2022 amid Mexico supply shortages

In keeping with the 2022 Main Tropical Fruits Market Overview report lately launched by the Meals and Agriculture Group of the United Nations, world avocado exports fell 3.1% to 2.5 million metric tons in 2022 attributable to opposed climate circumstances in Mexico, the world’s largest avocado provider. . Regardless of sturdy development in exports from different producing international locations, this nonetheless can not absolutely compensate for the shortfall in provides from Mexico. Sturdy world demand and rising export costs have continued to drive trade development, resulting in important investments in manufacturing enlargement by rising suppliers.

exports

In keeping with out there knowledge, Mexican avocado exports fell by 16.2% to 1.2 million metric tons in 2022, a lower of greater than 200 thousand metric tons in comparison with the earlier 12 months. Mexico usually accounts for 55-60% of worldwide avocado exports attributable to its year-round manufacturing and give attention to the Hass selection, which has the best demand from world markets. Nevertheless, a devastating storm in June 2022 and a protracted drought in key manufacturing areas precipitated Mexico’s share of worldwide avocado exports to drop to 46%. Within the first eight months of 2022, provide shortages and powerful demand from the USA pushed the typical unit worth of Mexican avocado exports to $4,294 per metric ton, a rise of roughly 87% in comparison with the identical interval the earlier 12 months. The 2022 annual common was $3,092 per metric ton, roughly 28% larger than in 2021.

In the meantime, Peruvian avocado exports continued to learn from favorable climate circumstances and efforts to broaden manufacturing. Information from the Peruvian Ministry of Agriculture signifies that between 2017 and 2021, the nation’s avocado harvested space expanded by a staggering 67%. In 2022, Peru’s avocado exports grew by 4.7%, reaching 584,000 metric tons and accounting for a 23% share of worldwide exports. This represents a rise from the earlier 12 months by 21%, strengthening Peru’s place because the second largest avocado provider on this planet.

Kenya is an rising provider of avocados globally in addition to a serious exporter in Africa. In 2022, the nation’s avocado exports rose by 8.6% to 103,000 metric tons. Official manufacturing knowledge submitted to the Meals and Agriculture Group reveal that the nation has made nice strides in increasing its avocado rising space in recent times. The realm harvested has nearly tripled since 2015, reaching 25,918 hectares by 2021. Greater than half of Kenya’s avocado shipments are despatched to the European Union, the place they’ve confirmed extremely aggressive attributable to their engaging low costs.

In 2022, Chilean avocado exports noticed a major enhance of 11.3%, reaching 110,000 metric tons. Nevertheless, additional development in exports has been hampered by sturdy home demand and manufacturing challenges attributable to drought. In the meantime, South Africa noticed a bumper harvest in 2022, with exports rising 19.3% to 63,000 metric tons. Commerce knowledge signifies that the European Union accounted for practically 75% of South Africa’s avocado exports in 2022.

Imports

In keeping with out there knowledge and knowledge, world avocado imports in 2022 witnessed a decline of seven% to 2.4 million metric tons. Regardless of sturdy market demand from the USA and the European Union, which accounted for 45% and 28% respectively of worldwide imports in 2022, avocado commerce worldwide has been hampered by inadequate provides from Mexico.

In 2022, the USA imported 1.1 million metric tons of avocados, representing a 6.4% lower, whereas the European Union imported 677,000 metric tons, remaining comparatively secure. It’s price noting that the Italian, Polish and French markets confirmed sturdy development, with Italian imports specifically seeing a notable enhance of twenty-two%.

Picture: Pixabay

This text has been translated from Chinese language. Learn the unique article.

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