Report Update: Apr 1, 2024

World - Avocados - Market Analysis, Forecast, Size, Trends and Insights

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Avocado Market

Avocado market: discover the latest info powered by an Ai-driven BI platform. Data contain exports, companies, consumption, production, imports, market size, trade, and market prices. There is a breakdown by country, including China, the U.S., EU, the Middle East, Russia, the U.K., Africa, and Latin America. Market dynamics and outlook to 2030 are also provided in the dashboards.

Get FREE access to the latest data and statistics on the Avocado Market.

Avocado - World's Largest Markets

Rating	Country
1	United States
2	Mexico
3	Dominican Republic
4	Colombia
5	Brazil

In value terms, the largest avocado markets worldwide were the United States, Mexico and the Dominican Republic, together accounting for 42% of the global market. Colombia, Brazil, China, Peru, France, Indonesia, Spain, Haiti, Kenya and Guatemala lagged somewhat behind, together accounting for a further 28%.

Among the main consuming countries, Spain saw the highest growth rate of market size, over the period under review, while avocado market for the other global leaders experienced more modest paces of growth.

Avocado Prices

Lowest Prices - FOB - Top Exporters

COUNTRY	2019	2020	2021	CAGR, 2019-2021
COUNTRY	USD per ton			CAGR, 2019-2021
Kenya	1616	1470	1450	-5.3%
South Africa	1474	1631	1609	4.5%
Dominican Republic	1951	1897	1871	-2.1%
Colombia	1998	2213	2183	4.5%
Mexico	2526	2723	2361	-3.3%
Peru	2418	2460	2427	0.2%
Chile	2281	2588	2553	5.8%
United States	2599	2457	2555	-0.9%
Netherlands	3280	3155	3101	-2.8%
Spain	3228	3222	3315	1.3%
Average	2580	2693	2490	-1.8%

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Spain ($3,315 per ton), while Kenya ($1,450 per ton) was amongst the lowest.

From 2019 to 2021, the most notable rate of growth in terms of prices was attained by Chile, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY	2019	2020	2021	CAGR, 2019-2021
COUNTRY	USD per ton			CAGR, 2019-2021
Germany	3589	3151	3260	-4.7%
France	3152	3039	2971	-2.9%
Japan	2611	2816	2893	5.3%
United Kingdom	2554	2396	2735	3.5%
Netherlands	2177	2923	2685	11.1%
United States	2591	2275	2499	-1.8%
Russia	2564	2571	2455	-2.1%
Canada	2504	2502	2280	-4.6%
Spain	2147	2241	2279	3.0%
Chile	1625	1336	1765	4.2%
Average	2613	2565	2608	-0.1%

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Germany ($3,260 per ton), while Chile ($1,765 per ton) was amongst the lowest.

From 2019 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands, while the other global leaders experienced more modest paces of growth.

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Avocado - Top Importers

COUNTRY	2019	2020	2021	CAGR, 2019-2021
COUNTRY	billion USD			CAGR, 2019-2021
United States	2.9	2.5	3	2.9%
Netherlands	0.7	1.2	1.2	35.3%
France	0.5	0.5	0.5	1.7%
Spain	0.3	0.4	0.5	26.1%
Germany	0.3	0.4	0.4	6.3%

In value terms, the United States ($3B) constitutes the largest market for imported avocados worldwide, comprising 37% of global imports. The second position in the ranking was occupied by the Netherlands ($1.2B), with a 15% share of global imports. It was followed by France, with a 6.5% share.

In the United States, avocado imports increased at an average annual rate of +2.9% over the period from 2019-2021. In the other countries, the average annual rates were as follows: the Netherlands (+35.3% per year) and France (+1.7% per year).

Avocado - Top Exporters

COUNTRY	2019	2020	2021	CAGR, 2019-2021
COUNTRY	billion USD			CAGR, 2019-2021
Mexico	2.9	2.7	2.9	0.4%
Netherlands	0.9	1.2	1.3	20.9%
Peru	0.8	1.1	0.9	11.7%
Spain	0.4	0.5	0.5	9.9%
Chile	0.3	0.3	0.3	-7.4%

In value terms, Mexico ($2.9B) remains the largest avocado supplier worldwide, comprising 40% of global exports. The second position in the ranking was occupied by the Netherlands ($1.3B), with a 18% share of global exports. It was followed by Peru, with a 13% share.

In Mexico, avocado exports remained relatively stable over the period from 2019-2021. The remaining exporting countries recorded the following average annual rates of exports growth: the Netherlands (+20.9% per year) and Peru (+11.7% per year).

Avocado - Market Forecast

Driven by increasing demand for avocado worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to accelerate, expanding with an anticipated CAGR of for the period from 2021 to 2030, which is projected to bring the market volume to by the end of 2030.

Avocado - Top Companies

Chiquita Brands International, Inc., Dole Food Company, Inc., ENZAFRUIT NEW ZEALAND INTERNATIONAL LIMITED, DOLE PHILIPPINES, INC., Dhm Holding Company, Inc, Sanya Haitangwan Jinong Planting & Breeding Farmer Specialty Cooperative, Coffee Plantations Development Enterprise, PREMIER FARMS PTY LTD, Henry Avocado Corporation, Gartnerhallen Sa, DAK LAK SEPTEMBER 2ND IMPORT - EXPORT LIMITED COMPANY, Xinjiang Guannong Fruit and Antler Group Co., Ltd., Chiquita Brands L.L.C., NEW ZEALAND APPLE LIMITED, Copefrut, S.A., Agrícola Famosa Ltda, TAGUM AGRICULTURAL DEVELOPMENT COMPANY, INC., DEK Deutsche Extrakt Kaffee GmbH, MONTAGUE BROS. PTY. LTD., SEEKA LIMITED

Avocado - Product Coverage

HS 080440 - Fruit, edible; avocados, fresh or dried

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global avocado market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 572 - Avocados

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

Global market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Global production, split by region and country
Global trade (exports and imports)
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
3. HARVESTED AREA AND YIELD BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Harvested Area, By Country, 2012-2023
7. Yield, By Country, 2012-2023
8. Imports, In Physical Terms, By Country, 2012–2023
9. Imports, In Value Terms, By Country, 2012–2023
10. Import Prices, By Country Of Destination, 2012–2023
11. Exports, In Physical Terms, By Country, 2012–2023
12. Exports, In Value Terms, By Country, 2012–2023
13. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Yield And Growth
12. Exports And Growth
13. Export Prices And Growth
14. Market Size And Growth
15. Per Capita Consumption
16. Imports And Growth
17. Import Prices
18. Production, In Physical Terms, 2012–2023
19. Production, In Value Terms, 2012–2023
20. Area Harvested, 2012–2023
21. Yield, 2012–2023
22. Production, By Country, 2023
23. Production, In Physical Terms, By Country, 2012–2023
24. Harvested Area, By Country, 2023
25. Harvested Area, By Country, 2012-2023
26. Yield, By Country, 2012-2023
27. Imports, In Physical Terms, 2012–2023
28. Imports, In Value Terms, 2012–2023
29. Imports, In Physical Terms, By Country, 2023
30. Imports, In Physical Terms, By Country, 2012–2023
31. Imports, In Value Terms, By Country, 2012–2023
32. Import Prices, By Country, 2012–2023
33. Exports, In Physical Terms, 2012–2023
34. Exports, In Value Terms, 2012–2023
35. Exports, In Physical Terms, By Country, 2023
36. Exports, In Physical Terms, By Country, 2012–2023
37. Exports, In Value Terms, By Country, 2012–2023
38. Export Prices, 2012–2023