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Avocados are 40% cheaper due to higher harvests, but consumers cant afford.

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The number of avocados harvested from orchards has resulted in large volumes of the green-single-seeded fruit, driving prices considerably lower than a year ago.

Prices for avocados have dropped 40% from last year this time, to cost as little as R11 per kilogram, Dr Johnny van der Merwe, managing director of agricultural information group Agrimark Trends (AMT), said in his weekly YouTube video.

He said that the decline in the price of avocados was driven mainly by higher volumes of the fruit currently available on the market.
15 Aug 2022 2AM English South Africa Business News · Investing

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