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Business

Avocado Continues to Rise, at 49.95 Pesos per Kilo

The price of avocados increased 10.69 pesos this week, which adds to the increase of 12 pesos per kilo from the previous week

Avocado, photo: Commons.wikimedia
By The News Whatsapp Twitter Facebook Share
1 year ago

MEXICO CITY — For the second consecutive week, the avocado increased in price, selling at up to 49.95 pesos per kilogram, according to the Federal Consumer Protection Agency (Profeco).

According to information obtained in convenience stores in Mexico City, the price of the fruit increased 10.69 pesos, which adds to the increase of 12 pesos per kilo from the previous week.

Last week, the U.S. Department of Agriculture’s (USDA) Animal and Plant Health Inspection Service Officials (APHIS) amended regulations to allow the importation of Hass avocados from all areas of Mexico into the continental United States, according to a press release from the U.S. Embassy in Mexico.

According to the statement, approximately 181,000 shipments totaling over 3.2 million metric tons of fresh Hass avocado from Michoacán have been imported into the United States since 2004. The new amendment will allow all Mexican states to export if they meet the requirements spelled out in the final rule.

In 2015, the United States imported $1.5 billion of Hass avocados from Mexico, an increase of 18 percent in 2014.

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