India is set to import avocados from Brazil for the first time, aiming to address the high prices of the fruit in the domestic market, which range from ₹100 to ₹2,000 per kilogram depending on the variety. This move is part of a broader agriculture deal being negotiated between the two countries.
Avocado imports are permitted under India's Open General Licence (OGL). Brazil, known for being one of the largest avocado producers globally, will supply hass avocados to India initially. Negotiations between Indian buyers and Brazilian sellers are underway, with contracts expected to be finalized soon.
Brazil plans to export smaller avocados that are less consumed domestically, starting with shipments potentially as early as February 2025. The initiative aims to introduce Brazilian avocados to Indian consumers, potentially stabilizing prices and offering more affordable options compared to the current imported varieties.
To promote this new trade, Brazil's export promotion agency, ApexBrasil, will conduct a workshop in Mumbai by the end of August to familiarize Indian stakeholders with Brazilian avocados' flavors and quality.
So far, Indian demand has mostly been met by imports from Tanzania, Australia, New Zealand, Peru and US.
Source: www.livemint.com