Close×

A record avocado harvest has been predicted that should bring prices down for manufacturers and consumers.

Avocados shortages saw prices rise to over $6 per piece last year, but prices are expected to drop as supply rises, ABC Online reports.

75,000 tonnes of avocados are expected to be produced in 2017/18 financial year, and 100,000 tonnes nationally within a decade, according to the avocado industry body Avocados Australia.

Moreover, thanks to rising global consumption, as supply improves, grower returns will continue to rise.

Packaging News

Asahi Beverages says all plastic soft drink bottles it produces in Australia are now made from 100 per cent recycled plastic, excluding caps and labels. The conversion covers 350 million bottles a year.

Australian-headquartered, global fibre-based packaging manufacturer The Detmold Group has opened a 19,000-square-metre manufacturing and warehousing facility in India.

Orora’s Australian cans operation has delivered another year of strong growth, helping the packaging group maintain steady underlying earnings despite challenging conditions across the glass market.