Australian avocado farmers are requesting people to eat more of the green fruit as there is currently a massive oversupply.
The author of the report Pia Piggot said that the surge in avocados would continue over the next few years as well.
She said, ”Each year, during that period, over 1,000 hectares of avocado trees were planted, and [those] trees are still too mature and still to produce avocados.
“This year, we’ve seen a large increase, particularly in WA, with acreage maturing there.
“And for the next few years, we’re going to see that increase all across Australia.”
“Simple demand-and-supply economics tells us that when supply increases, the price will drop, so prices this year are 47 per cent below the five-year average as well,” Piggott said.
She added that unsurprisingly the low prices are affecting sales, as consumption is significantly increasing.
Domestic production is said to increase by 40 per cent or 50,000 tonnes over the next five years, with every state seeing tremendous growth.
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Source: Agencies Avocado farmer consumption push Avocado farmer consumption push