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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

The Australian avocado market soared to $X in 2020, jumping by X% against the previous year. In general, consumption showed prominent growth. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. Over the period under review, the market reached the peak level in 2020 and is expected to retain growth in years to come.

Avocado Production in Australia

In value terms, avocado production soared to $X in 2020 estimated in export prices. Overall, production posted a prominent expansion. The most prominent rate of growth was recorded in 2012 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level in 2020 and is expected to retain growth in years to come.

The average yield of avocados in Australia contracted slightly to X tonnes per ha in 2020, therefore, remained relatively stable against 2019 figures. Overall, the yield continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2012 when the yield increased by X% against the previous year. As a result, the yield reached the peak level of X tonnes per ha. from 2013 to 2020, the growth of the average avocado yield failed to regain the momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The avocado harvested area in Australia rose modestly to X ha in 2020, increasing by X% on the year before. Over the period under review, the total harvested area indicated moderate growth from 2007 to 2020: its figure increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, avocado harvested area increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2016 when the harvested area increased by X% y-o-y. Over the period under review, the harvested area dedicated to avocado production reached the peak figure in 2020 and is likely to see steady growth in the near future.

Avocado Exports

Exports from Australia

After five years of growth, overseas shipments of avocados decreased by -X% to X tonnes in 2020. In general, exports, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2016 when exports increased by X% year-to-year. Over the period under review, exports reached the peak figure at X tonnes in 2019, and then reduced remarkably in the following year.

In value terms, avocado exports fell rapidly to $X in 2020. Over the period under review, exports, however, recorded a resilient expansion. The pace of growth appeared the most rapid in 2008 with an increase of X% against the previous year. Exports peaked at $X in 2019, and then declined dramatically in the following year.

Exports by Country

Malaysia (X tonnes), Singapore (X tonnes) and Hong Kong SAR (X tonnes) were the main destinations of avocado exports from Australia, with a combined X% share of total exports. Indonesia lagged somewhat behind, accounting for a further X 2007 to 2020, the biggest increases were in Indonesia, while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for avocado exported from Australia were Malaysia ($X), Hong Kong SAR ($X) and Singapore ($X), together accounting for X% 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, in terms of 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

In 2020, the average avocado export price amounted to $X per tonne, growing by X% against the previous year. Over the period under review, export price indicated strong growth from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was Indonesia ($X per tonne), while the average price for exports to Singapore ($X per tonne) was amongst the lowest.

From 2007 to 2020, 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

In 2020, overseas purchases of avocados increased by X% to X tonnes, rising for the second consecutive year after two years of decline. Overall, imports enjoyed a strong increase. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Imports peaked in 2020 and are likely to see steady growth in the near future.

In value terms, avocado imports skyrocketed to $X in 2020. In general, imports saw a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2020, New Zealand (X tonnes) was the main supplier of avocado to Australia, accounting for a X% share of total imports. Moreover, avocado imports from New Zealand exceeded the figures recorded by the second-largest supplier, Chile (X tonnes), more than tenfold.

From 2007 to 2020, the average annual growth rate of volume from New Zealand totaled +X%.

In value terms, New Zealand ($X) constituted the largest supplier of avocado to Australia, comprising X% of total imports. The second position in the ranking was occupied by Chile ($X), with a X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of value from New Zealand stood at +X%.

Import Prices by Country

The average avocado import price stood at $X per tonne in 2020, rising by X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2020, the country with the highest price was New Zealand ($X per tonne), while the price for Chile stood at $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by New Zealand.

Source: IndexBox 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 2020 were Mexico (1.3M tonnes), the U.S. (1.2M tonnes) and the Dominican Republic (692K tonnes), together accounting for 40% of global consumption. These countries were followed by Colombia, Indonesia, the Netherlands, Haiti, Brazil, Peru, Kenya, China, France and Venezuela, which together accounted for a further 34%.
What are the largest producers of avocados in the world?
+
Mexico (2.4M tonnes) constituted the country with the largest volume of avocado production, comprising approx. 31% of total volume. Moreover, avocado production in Mexico exceeded the figures recorded by the second-largest producer, the Dominican Republic (736K tonnes), threefold. Peru (606K tonnes) ranked third in terms of total production with a 7.8% share.
What are the leading suppliers of avocados to Australia?
+
In value terms, New Zealand ($105M) constituted the largest supplier of avocado to Australia, comprising 93% of total imports. The second position in the ranking was occupied by Chile ($8.1M), with a 7.2% share of total imports.
What are the leading importers of avocados from Australia?
+
In value terms, the largest markets for avocado exported from Australia were Malaysia ($4.6M), Hong Kong SAR ($4.4M) and Singapore ($3.7M), together accounting for 96% of total exports. These countries were followed by Indonesia, which accounted for a further 2.1%.
What is the average export price for avocados in Australia?
+
The average avocado export price stood at $5,741 per tonne in 2020, with an increase of 44% against the previous year.
What is the average import price for avocados in Australia?
+
The average avocado import price stood at $4,560 per tonne in 2020, jumping by 28% 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 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
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 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
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, 2007–2020
Figure 22:
Production, In Value Terms, 2007–2020
Figure 23:
Area Harvested, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, In Physical Terms, 2007–2020
Figure 26:
Imports, In Value Terms, 2007–2020
Figure 27:
Imports, In Physical Terms, By Country, 2020
Figure 28:
Imports, In Physical Terms, By Country, 2007–2020
Figure 29:
Imports, In Value Terms, By Country, 2007–2020
Figure 30:
Import Prices, By Country Of Origin, 2007–2020
Figure 31:
Exports, In Physical Terms, 2007–2020
Figure 32:
Exports, In Value Terms, 2007–2020
Figure 33:
Exports, In Physical Terms, By Country, 2020
Figure 34:
Exports, In Physical Terms, By Country, 2007–2020
Figure 35:
Exports, In Value Terms, By Country, 2007–2020
Figure 36:
Export Prices, By Country Of Destination, 2007–2020

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