7/15/2013

Growers in Kenya say a rising flood of avocado exports to Europe from Peru is driving down prices, making it difficult for them to maintain their previous market share. "Peru started planting avocado a few years ago in very big volume, and plantings are increasing by about 30% per year," said Anton Bothma of Eagle Fruit Alliance, Kenya's fourth-largest avocado exporter. "Their main market is the U.S. and any 'overspill' will go to Europe, but the volume is, however, so huge that as from May they are loading between 180 and 200 containers a week to Europe."

Related Summaries