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.
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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 |
---|---|---|---|---|
USD per ton | ||||
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 |
---|---|---|---|---|
USD per ton | ||||
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.
Avocado - Top Importers
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
---|---|---|---|---|
billion USD | ||||
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 |
---|---|---|---|---|
billion USD | ||||
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
This report provides an in-depth analysis of the global avocado market.
This report provides an in-depth analysis of the avocado market in the Middle East.
This report provides an in-depth analysis of the avocado market in Africa.
This report provides an in-depth analysis of the avocado market in Latin America and the Caribbean.
This report provides an in-depth analysis of the avocado market in Eastern Asia.
This report provides an in-depth analysis of the avocado market in Northern America.
This report provides an in-depth analysis of the avocado market in Southern Asia.
This report provides an in-depth analysis of the avocado market in Australia and Oceania.
This report provides an in-depth analysis of the avocado market in South-Eastern Asia.
This report provides an in-depth analysis of the avocado market in Central Asia.
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