China is running out of avocados as the supply from Peru is delayed, reportedly due to the quality of the recent batch not meeting the required standards of the Peruvian government.
Only available are a limited supply of early-season plateau avocados.
According to sources, Peru has dispatched large volumes of avocados last week and the temporary supply shortage is expected to be over by early June.
A spokesperson for an avocado import company from Guangzhou noted that Peruvian avocados from large plantations should have already entered the Chinese market in large volumes by this time of the year.
Because supply is limited, the Chinese market price of Peruvian avocados is very high, with the wholesale price in Guangzhou around $29.52 per four kilograms.
A report from the US Department of Agriculture shows that Peru expects to increase avocado exports by 10 percent in 2021 to 450,000 tons.
Only about 3 percent of Peru's avocado export volume was destined for the Chinese market in 2020.
China's main avocado suppliers are still Chile, Peru, and Mexico, but other countries have obtained permission to export to China, including the US, New Zealand, the Philippines, and Kenya.


Oil Crisis Escalates: Trump Threatens Iran as Strait of Hormuz Closure Pushes Prices Above $110
Trump-Xi Summit 2026: U.S.-China Trade War Tensions and Tariff Talks
China's Fermented Feed Push: Cutting Soybean Dependence Amid Trade War
Morgan Stanley: Fed Rate Cuts Still on Track Despite Oil-Driven Inflation
MATCH Act Targets ASML and Chinese Chipmakers in New U.S. Export Crackdown
Strait of Hormuz Disruption Sparks Global Oil Supply Fears
India's Central Bank Holds Rates Amid Iran War Energy Shock
LG Electronics Posts Record Q1 Revenue Amid Strong Demand and Cost Improvements
Trump Administration Plans 100% Tariffs on Pharmaceutical Imports
Samsung Electronics Posts Eightfold Profit Surge Driven by AI Chip Demand
U.S. Futures Drop as Trump Issues Iran Military Deadline, Oil Prices Jump
Microsoft Eyes $7B Texas Energy Deal to Power AI Data Centers
Nike Beats Q3 Estimates but China Weakness and Margin Pressure Weigh on Outlook
Tesla Q1 2026 Deliveries Miss Estimates as AI Strategy Takes Center Stage
SpaceX Eyes Historic IPO at $1.75 Trillion Valuation
Elon Musk Ties SpaceX IPO Access to Mandatory Grok AI Subscriptions 



