Avocado

Camposol Holding PLC sales amounted to USD 154.1 million and registered a gross profit margin of 29.5%, during the first half of 2023. EBITDA from continuing operations amounted to USD 33.6 million, up 44.37% compared to the same period in 2022, and the corresponding EBITDA margin was 21.8%.
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Chile has become a key market for Peruvian avocado exports, with volume rocketing by 91% in the first 6 months of this year and value rising by 62%. Chile has now overtaken the US as an importer of Peruvian avocado, with shipments to the US dropping by 62% in volume and 51% in value during the
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The Chairperson of the Portfolio Committee on Agriculture, Land Reform and Rural Development, Nkosi Zwelivelile Mandela, has welcomed the agreement with the Chinese Minister of Foreign Affairs Mr Wang Yi (on behalf of Chinese Agriculture Minister Tang Ranijan) for the export of avocado to the
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The Algarve is responsible for 90% of Portugal’s orange production; orange trees need a lot of water (much more than avocados, for example) and with the drought, this has almost been impossible. Whatever trees have produced this year is generally smaller, less in number – and certainly
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Despite the looming threat of water scarcity, Morocco’s avocado industry has been on a remarkable upward trajectory; over the past six years, exports have surged more than fourfold, making Morocco the 9th largest avocado exporter in the world. And this trend continues to gain momentum. In the
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Last night, the South African parliament issued a statement to welcome an avocado export agreement with China, calling it "concrete evidence of the immense benefits that BRICS holds for us and all our partners." read more

Avocado producer and packer Granot International Company has officially started its operations in Kenya. The farm is located in Ndabibi, Naivasha, in Nakuru County. Granot operates the largest avocado packing house in Israel and produces one-third of Israel’s total avocado yield. read more

“In Europe, avocado demand exceeds its supply," Abdelkader Benchagra, owner of the Dutch company Maroc Avocado, sums up the favorable avocado market. He notes that is especially true for quality avocados. "Consumers are aware of quality, and demand reflects that." read more

Kakuzi PLC has announced a Kshs 171.1 (€1.1 mln) million half-year pretax profit on the back of a difficult trading period due to the prevailing macadamia global glut. read more

Research is underway in Western Australia and interstate to determine how the addition of calcium fertiliser can help improve the robustness of avocados as they move through the supply chain destined for the consumer. read more

Peru and India have agreed to resume talks for a free trade agreement, with the South American country seeking to export its avocados, fresh grapes and blueberries to the giant Asian market. Vice Foreign Trade Minister of Peru Teresa Stella Mera Gomez said that technical teams of India and Peru
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South African avocados have been granted access to China after a new agreement was signed at the Brazil, Russia, India, China and South Africa (BRICS) summit. read more

Along with other destinations, Morocco has been actively increasing its avocado exports to Germany, reports EastFruit. The exports to the German market have more than quadrupled since the MY 2016/17 (Jul-Jun) and reached 5,000 tonnes valued at $17 mln. read more

Multinational avocado supplier Westfalia has opened its first avocado ripening centre in India, a market it describes as “exciting” and packed with potential. read more

Westfalia Fruit India has announced the launch of its first Avocado ripening facility in Mumbai, India. This will allow the company to supply avocados that are ready to eat to consumers in Mumbai and neighbouring areas. read more

Larger size avocados are short at the moment from all supplying regions. Volumes from Peru are declining as the latter part of the avocado season approaches. “It was a condensed season and Peru is wrapping up much earlier than initially anticipated,” says David Fausset with Westfalia Fruit
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Along with other destinations, Morocco has been actively increasing its avocado exports to Germany, reports EastFruit. The exports to the German market have more than quadrupled since the MY 2016/17 (Jul-Jun) and reached 5,000 tonnes valued at $17 mln. read more

Across South Africa, avocados registered a price reduction year-on-year. Hester Vermeulen, economist at the Bureau for Food and Agricultural Policy (BFAP), explained that when consumer budgets were strained, they tended to limit their spending on high-value items, such as avocados. read more

A giant avocado's pictures have gone viral on Twitter. This avocado is as big as a watermelon and weighs at least 2 kilos. read more

One of Australia’s largest banana growers Mackay Farming Group has listed its nine farms and total farming operations across the Tully and Lakeland regions of Far North Queensland for sale after 75 years of family ownership. read more