Life Eat & Drink Avocado prices set to fall as fruit numbers smash record

Avocado prices set to fall as fruit numbers smash record

avocado prices
Avocados have found a popular spot on breakfast menus across Australia. Photo: ABC
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Australia’s favourite breakfast smash could soon become cheaper to come by with a record harvest tipped for the industry.

And local growers look set avoid the brunt of any price changes as global consumption continues to drive significant improvements in grower returns.

The nation’s peak avocado body is forecasting an abundant supply of the popular fruit in 2017/18, with initial estimates expecting 75,000 tonnes of avocados to be produced this financial year.

This is a far cry from early 2016, where a tightened supply saw consumers paying up to $6 per piece of fruit and leading to some using avocados as a barometer for modern house prices.

Riverland fruit grower Colin Fechner said steadying retail prices, as well as the increasing farmgate returns for producers, was a win for everyone.

“The volume of fruit going through the market keeps moving, the consumers are happy because fruit isn’t stale, and everybody is happy,” Mr Fechner said.