A dark year in Europe for the Mexican avocado
- Published on 21/03/2022 - Published by FRUITROP
- Free
Avocat du Mexique
The 2021-21 Mexican avocado campaign can be regarded as finished in Europe, with incoming shipments at a standstill from the beginning of January, and the prospects for recovery very limited given the market context. This is a highly atypical situation, with Mexican fruit normally maintaining a big presence from January to March. The preliminary review is as surprising as it is bad. In the very likely hypothesis that incoming shipments do not resume, the combined volumes shipped to the EU27+UK should be around 45 000 t in 2021-22, as opposed to more than 100 000 t in 2020-21 (with approximately 24 000 t for Jalisco, as opposed to 46 000 t in 2020-21). This collapse is due both to the production level, considerably lower than expected, in both Michoacán and Jalisco, and of course to the diametrically opposite price trajectories in the USA and Europe (rates soaring on the other side of the Atlantic, compared to the worst winter campaign for many a year on the Old Continent). It marks a clean break in Mexico’s comeback trend on the EC market observed since 2019-20.
Sources: Eurostat, professional sources
