Good Prospects for Avocado

Due to growth in demand for the fruit at an international and local level, Guatemalan producers see potential for expanding the crop in the coming years.

Wednesday, August 29, 2018

Since 2002 demand for the fruit in the US has doubled and in Europe it has grown 20% in the last three years, this has generated positive expectations for local producers who foresee business opportunities.

See also "Crop Monitoring in Central America"

Francisco Viteri, general manager of the agricultural firm Popoyán, explained to that " ... at present the crop is dispersed, the patio type predominates, there is no chain of agribusiness nor a national policy."

In relation to the opportunities arising from this crop, Viteri added that " ...'In the countryside there is an extension of land that is not producing anything and avocado are one of the production options guaranteeing the technification and commercialization'."

According to the country's authorities there are about 16,800 manzanas of avocado cultivation in the country, which together amount to a production of close to 2.7 million metric tons per year.

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More on this topic

Avocado: Challenges and Opportunities

February 2020

Encouraging production and raising the quality standards of the fruit are some of the challenges that Guatemala faces in order to take advantage of the multiple opportunities that exist in the international market.

It is estimated that worldwide the demand for avocado grows at a 10% annual rate and in its best season the fruit is quoted in Asian and European markets up to $1.75 per unit.

Agricultural Sector: Opportunities and Challenges

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While declining international prices and smuggling are threatening factors for agricultural production in Guatemala, planned investments in infrastructure would help reduce the costs of the sector.

Estimates by the Bank of Guatemala (Banguat) detail that the agricultural Gross Domestic Product increased 2.6% in 2018, and by 2019 a 2.8% increase is expected.

Agro: Protected Sector, but Not Very Competitive

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In Costa Rica, the productive activity of agricultural goods destined for domestic consumption has been stayed low in recent years, despite the fact that most benefit from the protection afforded by the tariffs imposed on imports of some similar goods.

The Central Bank of Costa Rica calculates the Monthly Index of Agricultural Activity (Imagro), which includes an item called "agricultural products", which monitors the production of basic grains, cereals, pulses and other oil seeds, vegetables, roots and tubers, cane, coffee and fruit trees, which are usually intended for domestic consumption. 

Honduras: Opportunity to Export Avocados

February 2017

The guild of merchants in Cortés is looking for avocado producers are interested in selling the product in Kuwait.

The Chamber of Commerce and Industry of Cortes (CCIC) has announced that through the Embassy of Honduras in Kuwait it has started calling on avocado producers who may be interested in exporting their product to the Middle East country.

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