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Avocado prices smash all time high

Newshub logoNewshub 13/06/2018 Newshub staff

a pile of fresh produce sitting on top of a wooden table © Provided by MediaWorks NZ Limited

Avocado prices have hit an all-time high, with the average price of a 200g avocado rising to $5.06, a 37% increase from $3.69 in April.

The average price of an avocado in May last year was $3.38.

Statistics New Zealand price manager Matthew Haigh says, "Seasonality impacts avocado prices."

"Typically, avocado prices peak in July and August, as the main harvest season is from August to March."

According to the New Zealand Avocado Growers Association, this year's harvest to June 2018 were down about half of last season, and the decrease has caused avocado prices to rise.

Results from Statistics New Zealand show although avocado prices have risen, other fresh produce such as broccoli and mandarin prices have fallen.

Fruit and vegetable prices fell 2% in the month of May, influenced by lower prices for mandarins, down 35%, kiwifruit down 39% and tomatoes down 6.5%.

Meat, poultry, and fish prices rose by 0.8%.

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