Experts say you may be paying more for your avocado toast in the short term, and distributors may be looking beyond Mexico to guard against future supply disruptions.
Inflation has been about 5% for the past eight months, and the latest reading is at a 40-decade high of 7.5%.MEXICO CITY -- Experts say you may be paying more for your avocado toast in the short term, and the effects of the U.S. temporary ban on imports of the fruit is already being felt by avocado pickers inMexico is negotiating security guarantees for U.S. inspectors who certify Mexican avocados for export. The inspections were halted last week after one of the U.S.
While avocados that were already inspected can still be shipped north, there were signs Thursday that supplies will tighten and companies that import avocados may have to look beyond Mexico, which currently supplies about 80% of U.S. imports of the fruit. Peru, Colombia and Chile already ship avocados to the United States, but in quantities that are only a tiny fraction of Mexico's production. That may change.
“We are working to restore avocado exports as soon as possible,” wrote Michoacan Gov. Alfredo Ramírez Bedolla. It also remains to be seen how U.S. consumers will react if they start seeing prices rise. While there is concern about the deforestation and violence that have resulted from the avocado boom in Michoacan, the fruit has become a staple in the United States, where per capita consumption of avocados tripled since 2001 to 8 pounds per person in 2018.
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