date:Jul 29, 2022
rate to boost margins and escape this price race to 0$, are eyeing exports, with avocado sales abroad already being up 350% in 2021.
Some producers would find these current prices difficult to break even, Pia Piggot, RaboResearch associate, tells.
Margin for growth
Singapore and Malaysia already import half (46%) of their avocados from Australia. Other interesting markets for the product are Hong Kong, the Middle East and Japan. Rabobank underscores that India and Thailand offer vast growth o