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Category Intelligence on Avocado covers the following
Supply and demand of avocado are expected to be more balanced in 2018 when compared to the previous year, since production is expected to increase by 3 percent, supported by favorable weather conditions in key producing regions .Mexico's avocado production is estimated to be approx. 1.8 MMT during 2017–2018 .Prices are estimated to rise moderately, due to surging demand from both existing and new markets
Supply: Supply in major producing regions, like Mexico, California, and Peru are expected to be high for this season. Peru's production is expected to increase by 10–15 percent in 2018, owing to favorable weather conditions
Risk: Avocados are sensitive to climatic changes and water supply. They are also prone to fungal and bacterial attacks
Demand: Demand from regular consuming countries, like Europe, the US, Japan, etc., is likely to increase. Demand from new markets, like China and Australia, is also expected to increase rapidly
Mexico is the preferable destination for the US and European imports, whereas Chile, South Africa, and Peru are preferable for Asia, Eastern Europe, and Middle East imports, since their export markets are likely to expand in the next few years.
Mexico is the major producer of avocados, exporting majorly to the US and other growing markets, like Japan, China, and Europe.
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Avocado
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