Avocado prices have skyrocketed thanks to the combination of increasing consumer demand and reduced yields. Top view (iStock) Get ready to pay a higher price for your next order of avocado toast or chips and guac. A grower's strike in Mexico is also putting a strain on supplies of the fruit, with 82% of avocados imported to the US coming from its southern neighbour. California produces the remainder of the US avocado supply, but drought conditions are likely to put a 44% damper on yields annually , according to the state's Avocado Commission . Meanwhile, avocado exports from Mexico to China have jumped by 44% this year and reports say Michoacan conglomerate Shenzhen Kendal is buying Australia 's largest avocado farm for 24 billion pounds to meet rising demand.
Avocado prices have skyrocketed thanks to the combination of increasing consumer demand and reduced yields. A grower's strike in Mexico is also putting a strain on supplies of the fruit, with 82% of avocados imported to the US coming from its southern neighbour. California produces the remainder of the US avocado supply, but drought conditions are likely to put a 44% damper on yields annually , according to the state's Avocado Commission . Meanwhile, avocado exports from Mexico to China have jumped by 44% this year and reports say Michoacan conglomerate Shenzhen Kendal is buying Australia 's largest avocado farm for 24 billion pounds to meet rising demand.