California experiences avocado shortage while Mexico lowers avocado prices

From 23 ABC Bakersfield | 22 November 2022

Overview of avocados from California and Mexico in the U.S. market, complemented by charts from Agronometrics. Original published on November 18, 2022. 

CALIFORNIA (KERO) — While it may seem like the price of everything is increasing, Mexican avocado prices are actually decreasing. There’s no shortage of Mexican avocados this season either. There’s actually a surplus leading to much lower prices.

Michael Wolfe, an avocado shack owner, says that last year he paid about $50 per case for Mexican avocados. This year, he is only paying $30 per case, making the average price $1 and 5 cents per pound.

avocado prices by histor 14

Source: USDA Market News via Agronometrics.
(Agronometrics users can view this chart with live updates here)

While the price of Mexican avocados is dropping, the price of California avocados remains high.

“There’s less acreage producing avocados in California than there was 10 years ago,” said Wolfe.

avocado volumes by origi 24

Source: USDA Market News via Agronometrics.
(Agronometrics users can view this chart with live updates here)

It’s not just customers feeling the impact of fewer California avocados. Restaurant owners are struggling as well, leading to menu price increases.

Wolfe explained that, as of right now, the farthest north you can grow avocados in California is San Simeon and the farthest south is San Diego. As temperatures continue to increase, the agricultural landscape could change, meaning avocados could be grown farther north. However, it also means losing acreage farther south.

The News in Charts is a collection of stories from the industry complemented by charts from Agronometrics to help better tell their story.

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