Avocado Pricing and Inventory Analysis
Price Trends by Type
Organic and conventional avocado prices are positively correlated, moving in tandem but with organic consistently priced higher. Also, Prices show a seasonal pattern, peaking 2017 (July to Oct) when demand is likely high, and dipping early in the year (January to March) when demand may be lower or supply higher.
Top Regions by Volume
The West and California regions dominate avocado volume, contributing over a billion units each from 2015-2018. Other regions like New York show significantly lower volumes, highlighting regional demand disparities.
Volume Share by Year
Both type of avocado volumes peaked around mid-2017 and declined thereafter, suggesting a potential shift in consumer preference or supply issues.
Price vs. Volume
The scatter plot reveals that higher volumes of conventional avocados are associated with lower prices, whereas organic avocados show a wider price range with lower volumes, indicating potential supply scarcity or premium pricing.