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Australia - Avocados - Market Analysis, Forecast, Size, Trends and Insights
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Australia: Avocado Market Overview 2021

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Avocado Market Size in Australia

In 2019, the Australian avocado market was finally on the rise to reach $X for the first time since 2016, thus ending a two-year declining trend. Overall, the total consumption indicated perceptible growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2010 with an increase of X% y-o-y. Avocado consumption peaked in 2019 and is expected to retain growth in years to come.

Avocado Production in Australia

In value terms, avocado production expanded remarkably to $X in 2019 estimated in export prices. Over the period under review, production saw a resilient expansion. The most prominent rate of growth was recorded in 2012 with an increase of X% year-to-year. Over the period under review, production reached the maximum level in 2019 and is likely to continue growth in the near future.

The average yield of avocados in Australia amounted to X tonnes per ha in 2019, approximately reflecting 2018. Overall, the yield, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2012 when the yield increased by X% year-to-year. As a result, the yield reached the peak level of X tonnes per ha. From 2013 to 2019, the growth of the average 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 2019, the harvested area of avocados in Australia reached X ha, surging by X% against 2018. In general, the total harvested area indicated temperate growth from 2007 to 2019: its figure increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, avocado harvested area decreased by -X% against 2016 indices. The pace of growth appeared the most rapid in 2016 with an increase of X% year-to-year. As a result, the harvested area reached the peak level of X ha. From 2017 to 2019, the growth of the avocado harvested area remained at a somewhat lower figure.

Avocado Exports

Exports from Australia

After four years of growth, overseas shipments of avocados decreased by -X% to X tonnes in 2019. Over the period under review, exports, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2016 when exports increased by X% y-o-y. Over the period under review, exports hit record highs at X tonnes in 2018, and then dropped in the following year.

In value terms, avocado exports dropped to $X in 2019. In general, exports, however, continue to indicate a strong increase. The most prominent rate of growth was recorded in 2008 when exports increased by X% y-o-y. Over the period under review, exports hit record highs at $X in 2018, and then dropped in the following year.

Exports by Country

Singapore (X tonnes), Malaysia (X tonnes) and Hong Kong SAR (X tonnes) were the main destinations of avocado exports from Australia, together comprising X% of total exports. Indonesia lagged somewhat behind, accounting for a further X 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Indonesia, while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for avocado exported from Australia were Malaysia ($X), Singapore ($X) and Hong Kong SAR ($X), with a combined X% share of total exports. These countries were followed by Indonesia, which accounted for a further X saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average avocado export price stood at $X per tonne in 2019, growing by X% against the previous year. Overall, export price indicated perceptible growth from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, avocado export price decreased by -X% against 2017 indices. The pace of growth was the most pronounced in 2008 when the average export price increased by X% year-to-year. The export price peaked at $X per tonne in 2017; however, from 2018 to 2019, export prices failed to regain the momentum.

Average prices varied somewhat for the major external markets. In 2019, the countries with the highest prices were Indonesia ($X per tonne) and Hong Kong SAR ($X per tonne), while the average price for exports to Singapore ($X per tonne) and Malaysia ($X per tonne) were amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR, while the prices for the other major destinations experienced more modest paces of growth.

Avocado Imports

Imports into Australia

Avocado imports into Australia reached X tonnes in 2019, therefore, remained relatively stable against the previous year. Over the period under review, total imports indicated a pronounced expansion from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports decreased by -X% against 2014 indices. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. As a result, imports reached the peak of X tonnes. From 2015 to 2019, the growth imports remained at a lower figure.

In value terms, avocado imports skyrocketed to $X in 2019. In general, imports saw a resilient increase. The pace of growth was the most pronounced in 2014 with an increase of X% y-o-y. As a result, imports attained the peak of $X. From 2015 to 2019, the growth imports failed to regain the momentum.

Imports by Country

In 2019, New Zealand (X tonnes) was the main avocado supplier to Australia, accounting for a approx. X% share of total imports.

From 2007 to 2019, the average annual rate of growth in terms of volume from New Zealand totaled +X%.

In value terms, New Zealand ($X) constituted the largest supplier of avocado to Australia.

From 2007 to 2019, the average annual growth rate of value from New Zealand stood at +X%.

Import Prices by Country

In 2019, the average avocado import price amounted to $X per tonne, with an increase of X% against the previous year. In general, import price indicated a resilient expansion from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, avocado import price decreased by -X% against 2017 indices. The most prominent rate of growth was recorded in 2008 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the maximum at $X per tonne in 2017; however, from 2018 to 2019, import prices failed to regain the momentum.

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

From 2007 to 2019, the rate of growth in terms of prices for New Zealand amounted to +X% per year.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for avocados in the world?
+
The countries with the highest volumes of avocado consumption in 2019 were the U.S. (1.2M tonnes), Mexico (1.1M tonnes) and the Dominican Republic (640K tonnes), together comprising 43% of global consumption.
What are the largest producers of avocados in the world?
+
Mexico (2.1M tonnes) remains the largest avocado producing country worldwide, accounting for 33% of total volume. Moreover, avocado production in Mexico exceeded the figures recorded by the second-largest producer, the Dominican Republic (659K tonnes), threefold. The third position in this ranking was occupied by Peru (499K tonnes), with a 7.7% share.
What are the leading suppliers of avocados to Australia?
+
In value terms, New Zealand ($69M) constituted the largest supplier of avocado to Australia.
What are the leading importers of avocados from Australia?
+
In value terms, Malaysia ($4.2M), Singapore ($4.1M) and Hong Kong SAR ($1.9M) constituted the largest markets for avocado exported from Australia worldwide, with a combined 93% share of total exports. These countries were followed by Indonesia, which accounted for a further 2.7%.
What is the average export price for avocados in Australia?
+
In 2019, the average avocado export price amounted to $3,578 per tonne, rising by 9.8% against the previous year.
What is the average import price for avocados in Australia?
+
In 2019, the average avocado import price amounted to $3,417 per tonne, surging by 20% against the previous year.

Product coverage:
• FCL 572 - Avocados

This report provides an in-depth analysis of the avocado market in Australia. 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 2025.


Country coverage:
• Australia

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Australia
• 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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2019
Figure 22:
Production, In Value Terms, 2007–2019
Figure 23:
Area Harvested, 2007–2019
Figure 24:
Yield, 2007–2019
Figure 25:
Imports, In Physical Terms, 2007–2019
Figure 26:
Imports, In Value Terms, 2007–2019
Figure 27:
Imports, In Physical Terms, By Country, 2019
Figure 28:
Imports, In Physical Terms, By Country, 2007–2019
Figure 29:
Imports, In Value Terms, By Country, 2007–2019
Figure 30:
Import Prices, By Country Of Origin, 2007–2019
Figure 31:
Exports, In Physical Terms, 2007–2019
Figure 32:
Exports, In Value Terms, 2007–2019
Figure 33:
Exports, In Physical Terms, By Country, 2019
Figure 34:
Exports, In Physical Terms, By Country, 2007–2019
Figure 35:
Exports, In Value Terms, By Country, 2007–2019
Figure 36:
Export Prices, By Country Of Destination, 2007–2019

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