Title: Avocado Prices Rise With Increasing Demand – Here is Why – Market.Biz
Headings: Avocado Prices Rise With Increasing Demand – Here is Why
Avocado Prices Rise With Increasing Demand – Here is Why
Why Avocado Prices are Rising
Consequences of Rising Avocado Demand and Reducing Supply
Cost of Avocados Might Increase Further
About Pete Nisbet

Content: A strike by Mexican avocado growers added to this shortage, and the shortfall in supply against demand has persisted into 2017. Peru: Most of Peru’s avocado farms are situated in Southern Peru This area suffered severe flooding last year, and many of the country’s avocado farms were badly affected. Not only did this result in a significant reduction in production, but also in forecasts for this year’s crop to be downgraded. Not just that, but avocado consumption rose in the U.S. from around 3.5 pound weight per person in 2006 to 6.9 lb in 2015. An increase of almost 100% in demand in the USA alone. To complicate matters further, there is an increasing demand from Europe and China. Both of these are importing increasingly more of Mexico’s crop. This leaves less for American consumption. Consequences of Rising Avocado Demand and Reducing Supply
The overall result is a significant reduction in supply from one year to the next combined with a generally increasing demand.