Designed using Magazine News Byte Premium. We think there isn’t that enough volumes to fill one,” said the directorate. In this report, Holm Akhdar is investigating the story of cultivating the first avocado tree in Yemen, and how avocado seeds were introduced to the country. The healthy nature and multiple uses of avocados result in a strong consumer demand for avocados. Your email address will not be published. Powered by WordPress. According to market analysts, the price of a 4 Kg carton of avocado is 1,760 shillings, compared to 1,100 shillings in the same period last year. Avocado growing is basically a long-term investment, and therefore there is need to be careful when venturing into it. Save my name, email, and website in this browser for the next time I comment. Some years back, most of the avocados were sold in local markets, but this has drastically changed today where three quarters of the avocado … Payment Terms: For orders less than one container per week, prepayment (by Telegraphic Transfer) is required. During that window, the price of a 4kg carton can go as high as €20 (Ksh2,250). At Kenya Fruits Exporters Packhouse all avocados are graded to eliminate fruit with physical quality defects such as insect, wind damage, sunburn, bruising and the fruit is also weight sized. Due to the high demand of the Kenyan variety of avocado called Fuertes, the prices have been going up since last year. The market is segmented by Geography (North America, Europe, Asia … - Sharing information, expertise, and technologies - Discounted participation in international conferences - Participation in human resource development programs. Trend. This is especially notable after 2007 when Mexico became the most important exporters to the U.S. Prices reflect the fact that … Official data shows that avocado is the most grown permanent crop in Kenya, with close to 966,976 families in Kenya growing it by end of August last year, according to Census data. According to Transparency Market Research (TMR), the global avocado market was valued at US$13.64 bn in 2018 and is predicted to attain an overall value of US$21.56 bn by 2026.The market is projected to show a healthy CAGR of 5.9% every year during the forecast period of 2018-2026. Parklands, Nairob, Kenya, Kenya,P.O. At the same time, the U.S. (+X%), Peru (+X%), the Netherlands (+X%), Kenya (+X%) and Spain (+X%) displayed positive paces of growth. Avocados are packed into cartons with net weights of either 4 kg or bulk packs of 8 kg. In 2018 the, highest prices for Kenya avocados per kilogram were for exports to Iceland, Switzerland, Singapore and Norway respectively. The Directorate of Horticulture said exporters with the Jumbo variety, who are still allowed to ship out, will only do it by air and not sea with the size expected to be at least 184 grammes for a single fruit. The Hass Avocado Board (HAB) exists to help make avocados America’s most popular fruit. This seasonality of prices in the European avocado market is recurrent, however, in 2018, prices fell more sharply and further than usual following the seasonal high in April. Avocado farming has taken Kenya by storm, due to the low maintenance and the ready market, locally and abroad. Normally the directory lifts the ban on Fuerte variety on around February 15 followed by Hass on March 15. Required fields are marked *. The two most However, with reopenings, prices are expected to recover. According to the directorate, the review on the resumption of the export would be done on January 10. More on statistics. 14 billion. For example, a dozen Haas avocados, distinguished by their dark green and brown skin and smaller than average avocado stone, sell for 3.5 Kenyan Shillings ($0.03) in domestic markets. The supply of avocados is increasing fast, but the European market still has room for growth and can absorb the higher volumes. I SOURCE GREEN COFFEE ARABICA AA GRADE FROM KENYA, MACADAMIA NUTS, AND CRUDE AVOCADO OIL. Fresh Produce Exporters Association of Kenya CEO Hosea Machuki said that Kenya is ranked eighth globally in the export of avocados accounting for 2.1 percent … Avocado Market includes Production Analysis (Volume), Consumption Analysis (Volume and Value), trade in-terms of Import Analysis (Volume and Value) and Export Analysis (Volume and Value), and Price Trend Analysis. Kenya produces an estimated 115,000 metric tons of avocado annually, 70% of which is grown by small-scale farmers. Hass avocado is mainly cultivated by both small scale and large scale farmers in Kenya. HAB is the only avocado organization that equips the entire global industry for success by collecting, focusing and distributing investments to maintain and expand demand for avocados in the United States. The global avocado market is projected to register a CAGR of 6.0% during the forecast period (2021-2026). We use cookies to improve your experience on our website. Kenya’s avocado exports jumped 15 per cent to 68,000 metric tonnes over the 12 months to October, fetching Sh14 billion(USD 125 million). Kenya has earned KSh 8 billion from avocado exports in the first half of 2020, a record high compared to a similar period last year, thanks to the COVID-19 pandemic which boosted sales. Such is the success of the avocado market in Kenya that it has Price range per box is US$ 5 – US$ 7 (FOB). In 2017, Kenya accounted for 38.9% of Africa's total avocado exports and for 1.3% of the fruit's global trade.. South Africa: A supplier for the European market South African avocado growers had to reduce their production estimates down to 14.5 million 4 kilo boxes. Mexican avocado prices typically set the standards for the average price of avocados in the market more generally. ... 2019-2020 world avocado statistics Production, exports, imports World Avocado FruiTrop n°271, Page From 108 to 109. By browsing this website, you agree to our use of cookies. This is mostly on account of higher prices offered in international markets. Agronomy Avocado Growing. Export prices of avocado have risen to Sh800 (USD 7.15) per four-kilogramme pack in November, propped up demand for the few supplies available in the market as the main crop season dragged to a close. The 2020 estimate price range for Kenya avocados is $ 1.51 and $ 1.64 per kg. Industry players have been enforcing quality standards amid pressure to deal with cartels, which are seeking to profiteer from high global demand for avocado. The fast growth in demand and prices are setting up avocado as one of the top crops to be traded. Moreover, since the farms are situated in Mt Kenya region with high altitudes, the crop protection requires little, thus making it purely organic. From 2007 to 2019, average annual rates of growth with regard to avocado exports from Mexico stood at +X%. The market statistics provided here are collected from AMRIC, USDA databases, and cooperative data sharing between avocado suppliers. Kenya produces an estimate of 115,000 metric tonnes of avocado per year. The ban follows rampant cases of traders picking young crops, encouraged by high prices of the commodity. November 15, 2020. However, as an indication, the prices (FOB) range from US$1.25 – US$1.75 per kg. The majority of Kenya’s avocados are sent to Europe, and with the onset of COVID-19, this has also brought a drop in prices. According to the Association of Fresh Produce Exporters, Kenya exported 59,000 tons of avocado in 2019 that was worth Ksh 10.6 billion ($100.6). Click here for market analysis of Kenya avocados. PHOTO: Avocado has been a major contributor to the income from the horticulture earnings, raking in nearly half of the total returns from fruits. Kenya earned Sh6.5bn and Sh5.2bn in 2016 and 2015 from avocado exports respectively, according to the Kenya National Bureau of Statistics. Selina Wamucii is a platform for food & agricultural produce from Africa’s cooperatives, farmers groups, agro-processors and other organizations that work directly with family farmers. Avocado Packhouses. Some of the crooks paid little regard to quality, putting Kenyan exports at risk of rejection in the global markets. The latest rally in avocado prices has attracted phoney traders hoping to profiteer from illegal exports. Kenya is ranked number 8 globally in avocado production. Kenya, which is ranked eight globally in avocado production, netted Sh10 billion from 59,000 tonnes of the fruit exported over a similar period of last year. The 2020 estimate price range for Kenya avocados is $ 1.51 and $ 1.64 per kg. Fruit businesses can free-ride on the promotion of avocados, but to join the success in trade your supply must be consistent and of high quality. Mexico: avocado wholesale prices growth 2018-2019, by month Fresh avocados: import volume of the U.S. 2012/13-2019/20 Fresh avocados: export volume of the U.S. 2012/13-2019/20 Hass Avocado Prices (Price Reported) | Non-Organic ... it is likely that Mexico will continue to see diminished volumes for the next ten weeks or so before the 2020-21 crop begins to build up. Before 2018, 1 kilo of avocados was going for US$1.34 in 2015 and US$1.51 in 2017. However, the good news is that the avocado season in Kenya starts in April and extends to around early October, a time during which there is low supply in the global market hence prices are high and fairly stable. Our real time prices vary due to the many factors at play. The main crop season for the three major avocado varieties — Jumbo, Hass and Fuerte –traditionally closes in the fourth quarter of the year. The geographical position of Kenya makes it easy to export to Europe, Asia, and China, as compared to other leading Avocado growing countries such as Mexico and other South American countries. increased interest in investing in the avocado industry Price Trends At the beginning of the harvest season, prices of Myanmarese avocados are not very high at around USD 0.29 (MMK 400) for one avocado, which increases up to USD 0.50 (MMK 700) toward the end of the season, as there is a high demand but limited supply. According to Transparency Market Research (TMR), the global avocado market was valued at US$13.64 bn in 2018 and is predicted to attain an overall value of US$21.56 bn by 2026. OUR QUALITY IS UNMATCHED.WORK WITH RELIABLE COMPANIES HERE IN KENYA. While in 2020, up to the end of October, Kenya exported 68,000 tons of avocado valued at Ksh. Selling avocados requires understanding market conditions, pressures from imported avocado volume, current inventory levels and consumer demands. All rights reserved. Let’s keep in mind that the best paid avocado farmer in Kenya gets Ksh48 for his best fruit (For avocado prices in Kenya in 2019 read “Sweet Pay for Kenyan Avocado Farmers in 2020”). Indeed, prices tumbled from an average price of 14.34 EUR/4kg box in April 2018 to just 6.49 EUR in July, as prices … Kenya has exported 68,000 tons of avocado valued at Sh14 billion by the end of October 2020; compared to 59, 000 tons in the entire 2019 valued at Sh10.6 billion. Market prices for Kenya avocados have varied across the years. Kenya (X tonnes) and the U.S. (X tonnes) followed a long way behind the leaders. Avocado has been a major contributor to the income from the horticulture earnings, raking in nearly half of the total returns from fruits. PHOTO: NMG/Business Daily, Virtual workshop series on “Safeguarding the Banana Industry from Fusarium Wilt: Research Updates and Opportunities in Asia Pacific”, Phytosanitary Requirements for Selected Tropical Fruits, KENYA: How to produce export-worthy avocados, KENYA: Farmers plead for help over fall in banana prices, KENYA: Mango farmers form association in chase of higher prices, KENYA: Nakuru eyes avocado exports to China, USA: Avocados have biggest price surge in 10 years amid Trump's threat to close the U.S.-Mexico border. Click here for market analysis of Kenya avocados. Export prices of avocado have risen to Sh800 (USD 7.15) per four-kilogramme pack in November, propped up demand for the few supplies available in the market as the main crop season dragged to a close. 70% of this is grown by small-scale farmers. “We want those exporting Jumbo to use air to curb the export of immature crop as using sea would require one to fill a container. Export prices of avocado have risen to Sh800 per four-kilogramme pack in November, propped up demand for the few supplies available in the market as the main crop season dragged to a … This scenario begs the question “Is the significant difference in price due to the cost … According to the most recent Department of Agriculture weekly retail price report, the average national price of a Haas avocado was $2.10 July … Box 38262-0023 Interested in export to distributors, or even small upcoming businesses.We have our own craftsmen for jewelery, curios manufacture and also painters agriculture products team of selectors who buy from various selected farms special orders. Set on equator, Kenyan avocado production lasts for longer seasons and enjoys ideal conditions for natural ripening of this tropical fruit. Data by the Horticulture Directorate shows that the November prices represented a 33.33 per cent jump when compared to a similar month of 2019 when a four-kilo package of the fruit retailed at Sh600 (USD 5.37) in the export market.