January 21, 2025 | 12:00 GMT +7

  • Click to copy
Sunday- 15:04, 24/11/2024

Global Avocado Summit 2024 focuses on export markets

(VAN) The Global Avocado Summit 2024, organized jointly by the Chilean Avocado Committee and Yentzen Group, drew a full crowd.
The avocado industry has experienced significant changes globally,.

The avocado industry has experienced significant changes globally,.

The Global Avocado Summit 2024, organized jointly by the Chilean Avocado Committee and Yentzen Group, drew a full crowd. The event brought together national and international industry members for a series of presentations focusing on analysis, statistics, consumer trends, marketing, commercialization, and sustainability, among other key topics.

The Global Avocado Summit is a revamped version of the traditional "Avocado Day," previously held in Chile, which returned after a seven-year hiatus.

The avocado industry has experienced significant changes globally, particularly in Chile. New supplier countries have emerged, markets are expanding, local consumption is growing, and challenges like sustainability promotion have come to the forefront.

Carmen Gloria Lüttges, the president of the Chilean Avocado Committee and the first woman to hold this position, welcomed attendees to "the new and much-anticipated version of the Global Avocado Summit."

"This event returns with great strength to discuss new trends, technologies, innovation, opportunities to increase consumption, and markets, always with a focus on sustainability, which is becoming increasingly important for this superfruit, which is desired not only by Chilean consumers but by people all over the world," she said.

She also emphasized that in Chile, avocados are grown with "exceptional quality and flavor."

Lüttges pointed out the importance of discussing and sharing best practices within the avocado industry and developing a shared vision for the future of the fruit and the factors that will continue to strengthen its position as a superfruit.

Chilean Avocado Market Projections

Lüttges noted that the latest projections indicate a strong season ahead, driven by good fruit and favorable weather conditions.

A total production of 200,000 tons is anticipated—a 33% increase compared to the previous season. Of this, 55% will remain in Chile, which is the second-largest avocado consumer in the world. The remaining 45% will be exported, primarily to the European market, followed by Latin America, Asia, and the United States.

Avocado Market Challenges

Lüttges highlighted the industry's significant progress while acknowledging ongoing challenges in both the avocado sector and the broader fruit market.

"We know that, despite the favorable rainfall this year in the central region of the country, drought remains a structural problem due to climate change, and it must be addressed in a public-private manner," she explained. "It is a reality that we need more infrastructure to store water."

"In this difficult scenario," she added, "we must continue supporting our communities by sharing access to water resources and optimizing every drop of water available."

Another challenge is attracting foreign labor to Chilean fields in a legal, safe, and organized manner. She emphasized the importance of streamlining the issuance of Mercosur visas to support "quality jobs" in the agricultural sector.

She also stressed the need to strengthen phytosanitary standards to maintain Chile's special credentials for the quality and health of its fruit, highlighting the importance of public-private collaboration in this area.

New Markets and Sustainability

Lüttges expressed optimism about untapped markets for avocados: "We are watching with great interest what may happen in the long term in destinations like India, but we still need to resolve the logistical challenges that will allow us to deliver high-quality products."

Regarding sustainability, she emphasized that the issue presents a significant opportunity requiring ongoing effort: "The growth we have experienced in the industry has been centered around sustainability, a fundamental pillar of our work alongside our partners."

"We are convinced that sustainability is not a trend, but rather a movement that must be upheld over time, because there is still much work to be done, and we must do it together."

The Avocado Committee has adopted 14 essential sustainability commitments under three key pillars: social, economic, and environmental.

HD

freshfruitportal

Corn, soybean futures rally on USDA data

Corn, soybean futures rally on USDA data

(VAN) Bringing the bulls to market was the USDA’s downward revision of 2024-25 forecasts for US corn and soybean carryover, production and yields.

Cinnamon leaves have become an export commodity to India

Cinnamon leaves have become an export commodity to India

(VAN) A cooperative has processed cinnamon leaves for export to India, creating regular employment for dozens of workers who have a stable income from this byproduct.

Wood and wood products exports set a new record

Wood and wood products exports set a new record

(VAN) Wood and wood products exports in 2024 have surpassed the record set in 2022, establishing a new milestone in export revenue.

USDA raises soybean oil exports for a third time

USDA raises soybean oil exports for a third time

(VAN) The US Department of Agriculture seems to have had a difficult time projecting US soybean oil exports for this marketing year.

U.S. egg industry sees record chicken deaths from bird flu outbreak

U.S. egg industry sees record chicken deaths from bird flu outbreak

(VAN) Data from the USDA shows more than 20 million egg-laying chickens in the U.S. died last quarter because of bird flu.

The first farm in Dak Nong exports vegetables to Singapore

The first farm in Dak Nong exports vegetables to Singapore

(VAN) DNo Farm is the first entity to cultivate vegetables and fruits that meet GlobalGAP standards, and it is also the first and only entity in Dak Nong to export these products to Singapore.

Will USDA data dump spoil the bullish party for corn?

Will USDA data dump spoil the bullish party for corn?

(VAN) If anything can derail a price rally, it is a curveball from the U.S. Department of Agriculture.

Read more