Australia Finds Avocado Buyers In Japan, Finally!
Overproduction of avocados is hurting the Australian farmer. But help has come from an Asian partner and everyone is happy at the moment. Prices have dipped due to overproduction and low consumption. Growers are now keen to find new markets knowing more trees are about to mature this year and avocado prices dived under a $1 in stores last year. Farmers are looking for a prospective market so that they can sell their excess yield; possibly get a better price out of the production too. Sources claim that avocados sold for $3,000 for a 400-kilogram bin last year. Opportunities are coming from across the ocean. Avocados Australia chief executive John Tyas said with lots of new plantings in the past five years securing new markets was time critical. In 2021, national avocado production was 90,000 tonnes. "That's expected to almost double and grow to 170,000 tonnes by 2026," Mr. Tyas said. "There's no way the domestic market will be able to absorb the volumes t...