The leap in avocado prices has caused much consternation among those in the industry, but Australian consumers can now relax, as the prices which skyrocketed as high as $7 this year, should soon drop back to their usual $2 or $3. This is due to fruit from Queensland soon hitting shelves around the country, however the industry warns that supply will still probably not keep up with demand.
Shortly after Christmas, Australians were hit with unprecedented avocado prices, which caused unrest in the industry as accusations were flung back-and-forth about who was responsible.
Now, the great avocado shortage of 2016 looks set to end. Avocados from Bundaberg in Queensland are about to hit shelves around the country, followed by avocados from Cairns, according to News Limited.
The current chief executive of Avocados Australia, John Tyas, said when that happened, prices would tumble. But he warned it could be hard for growers to keep up with local demand.
“Australians seem to be having a love affair with avocados and it shows no sign of stopping, Tyas told News Limited.
“Even with 1m trees in the ground and many new plantings, we still think demand will continue to grow.”
Source: Fresh Plaza