The price of avocadoes from Mexico – by far the largest producer in the world, and therefore used an international benchmark – is up 140% since the start of the year.
It is now at an all-time high.
Supply is dwindling while demand is rising around the world, especially in China.
South Africa is the world’s 12th largest avocado producer.
Should South Africa ramp up production to take advantage?
The Money Show’s Bruce Whitfield interviewed Stanlib Asset Management Chief Economist Kevin Lings.
Listen to the interview in the audio below.
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