If guacamole is your go-to, we have some excellent news! Somehow or other, avocados had a glow-up during the 2010s when the fruit became the number one topping for toast and even found itself in brownies. Unfortunately, avocados are also super expensive. Until now.
Although inflation has sent the price of almost everything soaring through the roof (RIP butter), avos are, surprisingly, one of the cheaper items at the grocery store these days. According to reports, the wholesale price for avocados is actually down 35% year on year. It makes a nice change to last June when avocados were 67% more expensive than now.
More than 90% of avocados in the United States actually come from Mexico, and so, import issues were the reason that the price increased earlier this year. Now that trade has normalized, avos are back on the market.
Ordinarily, bumper crops would be exported around the world. But, significant food inflation in Europe, the war between Russia and Ukraine, and COVID issues in China have meant that most of the oversupply has wound up in the United States. And that means avocados are currently much more affordable.
Avos for all!
