Australia and Oceania: Avocado Market 2024

Avocado Market Size in Australia and Oceania

The avocado market in Australia and Oceania expanded markedly to $X in 2022, with an increase of X% against the previous year. The total consumption indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Avocado Production in Australia and Oceania

In value terms, avocado production expanded significantly to $X in 2022 estimated in export price. Overall, production showed a prominent expansion. The pace of growth was the most pronounced in 2020 with an increase of X%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Australia (X tons) remains the largest avocado producing country in Australia and Oceania, comprising approx. X% of total volume. Moreover, avocado production in Australia exceeded the figures recorded by the second-largest producer, New Zealand (X tons), twofold.

In Australia, avocado production increased at an average annual rate of X% over the period from 2012-2022.

The average avocado yield reached X tons per ha in 2022, approximately equating the previous year's figure. Over the period under review, the yield showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the yield increased by X%. As a result, the yield attained the peak level of X tons per ha. From 2015 to 2022, the growth of the avocado yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of avocados production in Australia and Oceania shrank modestly to X ha, approximately mirroring the previous year's figure. The total harvested area indicated a temperate expansion from 2012 to 2022: its figure increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, avocado harvested area decreased by X% against 2019 indices. The growth pace was the most rapid in 2016 when the harvested area increased by X%. Over the period under review, the harvested area dedicated to avocado production reached the peak figure at X ha in 2019; however, from 2020 to 2022, the harvested area remained at a lower figure.

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Avocado Exports

Exports in Australia and Oceania

After three years of growth, shipments abroad of avocados decreased by X% to X tons in 2022. Overall, exports, however, saw prominent growth. The most prominent rate of growth was recorded in 2014 when exports increased by X%. Over the period under review, the exports reached the maximum at X tons in 2021, and then dropped in the following year.

In value terms, avocado exports dropped remarkably to $X in 2022. Total exports indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. The level of export peaked at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

New Zealand represented the main exporting country with an export of about X tons, which finished at X% of total exports. It was distantly followed by Australia (X tons), achieving a X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Australia (with a CAGR of X%).

In value terms, New Zealand ($X) and Australia ($X) were the countries with the highest levels of exports in 2022.

Australia, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review.

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per ton, declining by X% against the previous year. Over the period under review, the export price showed a slight shrinkage. The pace of growth appeared the most rapid in 2017 when the export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2018 to 2022, the export prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Australia ($X per ton), while New Zealand totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (X%).

Avocado Imports

Imports in Australia and Oceania

In 2022, supplies from abroad of avocados decreased by X% to X tons, falling for the second consecutive year after two years of growth. Total imports indicated a tangible increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, avocado imports declined sharply to $X in 2022. Over the period under review, imports, however, posted a mild expansion. The pace of growth was the most pronounced in 2020 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

The countries with the highest levels of avocado imports in 2022 were Australia (X tons), together amounting to X% of total import.

Australia was also the fastest-growing in terms of the avocados imports, with a CAGR of X% from 2012 to 2022. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported avocados in Australia and Oceania.

In Australia, avocado imports expanded at an average annual rate of X% over the period from 2012-2022.

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2022, waning by X% against the previous year. Overall, the import price recorded a mild setback. The most prominent rate of growth was recorded in 2017 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2018 to 2022, the import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Australia.

From 2012 to 2022, the rate of growth in terms of prices for Australia amounted to X% per year.

Source: IndexBox Platform

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