Avocado Market Trends and Prices February 2015
Market trends – February 2015
The avocado market in Europe is low supplied but, at the present levels of demand, the average volumes
of one million boxes per week are enough to keep the market balanced. Arrivals from Israel have been
small due to the storms and snow in January when harvesting has been interrupted and vessels have been
regularly delayed because of the weather or because couldn’t be filled-in; exports from Israel are
nevertheless reaching average levels in comparison to last year, even though with some quality problems
and huge losses. Volumes from Spain continue progressing despite the problems occurred (rains) which
limited exports that nevertheless stand just -4% below last year average. Arrivals of hass from Chile are
decreasing and the number of containers to be exported from this product origin has been revised
downwards as a combination of small production volumes and favourable prices in the local market. The
Mediterranean sources and Chile are therefore supplying the large majority of the market. Products from
other countries completed the offer: the first arrivals from Peru showed large price range and importers
complained about the dry matter content and oil level, considered not adequate to ripen the product;
Kenya is on the market with limited volumes and obtain prices in line with all other non-Mediterranean
sources; deliveries from Colombia and Mexico remained limited. In this context, sales of hass avocado
have been quite satisfactory even if not favoured by the high prices, the school holidays and the sluggish
trend of the market for fresh fruits and vegetables in general; prices have been stable and very firm
especially for mid-sizes, with small oscillations during the whole month. The supply of green varieties is
limited due to decreasing volumes from Israel and Spain (bad weather effects for pinkerton and near end
of season for reed): sales have proven active and prices continued to increase (pinkerton +39% above the
average); the first arrivals of fuerte from Brazil obtained quotations above the average.
Prices - Week 9, February 2015 (Euro/4 kg ctn)
F
NL
UK
D
Colombia
Hass
12-14’
--16-18-20’
9,50-10,50
22-24’
8,00-9,00
12-14’
12,00
16-18’
--undetermine
--d
12-14’
--18-20’
---
Israel
Hass
8,50-9,00
10,00-11,00
7,00-9,00
11,00-12,00
--10,23
Israel
green
--6,60-8,50
--6,75-9,00
--9,54
Mexico
Hass
8,50-9,50
11,00-11,50
8,00-9,00
-------
Spain
Hass
9,50-10,50
11,00-11,50
9,50-10,50
----9,54
Spain
Green
--7,00-7,50
------8,86
--12,00-13,00
8,00
---
-----
--12,00-13,00
-----
Comments
F
NL
UK
D
Little information in week 6
due to the Fruit Logistica
Fair in Berlin. Sizes 22-24’
of
Kenyan
avocado
obtained better quotations
in comparison to other nonMediterranean sources in
week 7. Prices for avocado
from Colombia have been
available only in week 9.
Israel and Spain are
largely prevailing product
origins in this market.
Large price range for
pinkerton and fino; the
first fuerte from Brazil
sold at Euro 9,50 while
reed from Spain (in 7 kg
ctn) at Euro 11,25.
Peruvian hass started
selling at very high prices;
some
batches
from
Dominican Republic (10’
12,58). Green varieties
obtained
considerably
higher
prices
in
comparison
to
other
markets.
Small volumes of Peruvian
hass sold at 8,00-10,00
Euro/ctn while the fruits
from Morocco and Chile
obtained
12,00-13,00
Euro/ctn as in the previous
weeks. Low demand for
green varieties (hass is
strongly preferred in this
market).
variety
France
Israel
hass
Kenya
hass
Mexico
hass
Morocco
Spain
hass
hass
Israel
pin
fue
ett
fue
reed
Spain
Netherlands
Colombia
Israel
Morocco
Spain
Brazil
Israel
hass
hass
hass
hass
fue
pin
fue
arad, fino
United Kingdom
Chile
Israel
Peru
Spain
Israel
Spain
hass
hass
hass
hass
pin
green
Prices- February 2015 - Euro/4 kg ctn
sizes
week 6
week 7
week 8
week 9
12-14’
16-18-20’
22-24’
12-14’
16-18-20’
22-24’
12-14’
16-18-20’
22-24’
14’
12-14’
16-18-20’
22-24’
14-16-18’
16’
12’
16’
14-16-18’
10,00
----------------10,00
--12,00-13,00
----6,50
5,50
6,50
---
10,00-11,00
11,00-11,50
9,00-10,00
8,50-9,50
9,50-11,00
8,00-10,00
8,50-9,50
9,50-11,00
7,50-10,00
10,00-11,00
10,00-11,00
10,00-12,00
10,00-11,00
7,00-8,00
7,00
6,50
7,50
7,00-7,50
10,00-11,00
10,50-11,00
9,00-10,00
8,50-9,50
9,50-10,00
8,00-10,00
9,50-10,00
9,50-10,50
8,00-10,00
9,50-10,00
9,50-10,50
10,00-11,50
9,50-10,50
7,50-8,50
7,00
6,50
7,50
7,00-7,50
8,50-9,00
10,00-11,00
7,00-9,00
------8,50-9,50
9,50-11,00
8,00-9,00
10,00
9,50-10,50
11,00-11,50
9,50-10,50
7,00-8,50
6,60
6,60
7,00
7,00-7,50
14’
14’
14’
14’
16-18’
12-14’
12-14’
12-14’
12-14’
11,75
11,00-12,20
11,75
11,75
11,50-12,25
--7,00-9,00
7,50-8,50
7,50-8,50
11,75
11,00-11,75
----11,50-12,25
--8,00-8,75
8,00-8,50
11,75-12,00
11,00-12,00
--------10,00
8,00
7,50-8,50
12,00
11,00-12,00
------9,50
8,50-9,25
8,00-9,00
6,75-9,00
undetermined
undetermined
undetermined
undetermined
undetermined
undetermined
15,89
9,93
--10,93
9,93
7,95
16,15
10,10
----9,76
9,76
--9,45-10,13
16,21
--9,45
9,45
--10,23
15,00
9,54
9,54
8,86
18’ (20’)
18’ (20’)
18’ (20’)
12-14’
12-14’
12-14’
12-14’
12-14’
11,00-12,00
11,00-12,00
11,00-12,00
------7,00-7,50
7,00-7,50
---
12,00-13,00
12,00-13,00
12,00-13,00
------7,00
7,00
---
12,00-13,00
12,00-13,00
12,00-13,00
--7,00-8,00
--7,00-8,00
7,00-8,00
7,50-8,50
12,00-13,00
12,00-13,00
12,00-13,00
9,50
----8,00
8,00
---
---
Ge
Chile
Israel
Spain
Brazil
Israel
Spain
hass
hass
hass
fue
pin
ett
fue
arad, fino
green
Market perspectives
The market situation should remain unchanged until mid-March when the operations for the traditional
Easter programs will start. Arrivals of hass from Israel have reached their peak and will continue to
decrease slightly; Spain will be the origin with the most significant volumes, which will nevertheless be
decreasing also because exports from this product origin might temporarily be suspended in order to have
enough volumes for Easter. The supply from Chile will decrease until week 11 to subsequently be almost
absent from the market and significant volumes from Peru will be available only after Easter; hass from
Brazil is expected at the end of March. With the season from Morocco almost over, Colombia, Kenya and
Mexico will remain complementary sources for now. The market might get tenser in the second half of the
month because moderate volumes will face higher demand and the already high prices might further firmup (with which consequences for the Easter operations?). If total volumes will be too small, the traditional
promotional activities might not take place. The green segment will observe a strong decrease in arrivals:
the last volumes of pinkerton (small due to the adverse weather) start to decrease in 2-3 weeks and will
continue to obtain high prices while reed from Spain will be on the market for two more weeks. The late
varieties (arad, ardit) will remain available and their prices might considerably increase.
Average market prices - Hass avocado
16.00
14.00
Euro/4 kg ctn
12.00
10.00
Chile
8.00
Israel
6.00
Mexico
4.00
Spain
2.00
0.00
w2
w3
w4
w5
w6
w7
w8
w9
Average market prices - Green varieties
9.00
8.00
Euro/ 4 kg ctn
7.00
6.00
5.00
Israel
4.00
Spain
3.00
2.00
1.00
0.00
w2
w3
w4
w5
w6
w7
w8
w9
Notes
This report has been prepared as a service to exporters and industries in developing countries by the International
Trade Centre (ITC) with the objective to provide indications on market prices and market trends to support
producers, exporters, sector associations and other private or public organizations in their decisions and policies.
Quotations are price indications that give a global view of the market; prices are average FOT wholesale market
prices; if not otherwise stated prices are per 4 kg carton, products imported by sea/truck; all prices are in Euro.
Exchange rates of 3/3/2015
United Kingdom
USD
Euro
1 EURO
1 USD
0,728
1,119
1,000
0,651
1,000
0,894
General abbreviations
ctn = carton
rte = ready to eat
prep = prepacked
ex-quai = ex port of delivery
org = organic
air = product imported by air
fot = free on truck
sea
sdls = seedless
sea = product imported by
gr = green
tru = truck-lorry
Product abbreviations
ard = ardith
fue= fuerte
pink= pinkerton
bac = bacon
hass= hass
reed= reed
edr= edranol
lula = lula
ryan= ryan
ett= ettinger
nab= nabal
trop =tropical
fino= fino
wur= wurt
zut= zutano
mini= stoneless avocado / avocat cornichon / mini aguacate / cocktail
The mention of specific product industries or certain commercial products and brand names does not imply
that they are endorsed or recommended by ITC in preference to others of similar nature.
We welcome new sources of information and news that subscribers and readers might have on products
and markets covered by the report as well as inquiries and information requests. For these purposes or for
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