While U.S. market prices for Mexican avocado shippers were stable during the first part of the year, as of May prices have been rising significantly and continue to grow.

According to date from Chilean startup Agronometrics, prices have skyrocketed from US$1.5 per kilo in week 17 to the current US$4.65 per kilo.

As of week 24, the prices have been the highest recorded in the last four years.

Mexico is the largest supplier of avocados in the U.S. market during this period, and so supplies from the Latin American country tend to have a strong influence on market prices.

California avocados have also been fetching high prices, although volumes from the state are lower than those from Mexico.

Meanwhile, Peru is finishing up its season as Chile is starting, with the first containers having arrived in the second week of August.

Over the last two weeks (week 37 and 38), Mexico supplied 27,771 metric tons (MT) of avocados in the U.S. market, followed by California (2,255MT), Chile (1,814MT), the Dominican Republic (422MT) and Peru (305MT), according to the Hass Avocado Board (HAB).

Year-on-year, Chile's volumes in the U.S. market are three-times higher, while Peru's supplies are 57% greater. California and Mexico's volumes are down 18% and 4% respectively.

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