Australia: Avocado Market Overview 2020

Avocado Market Size in Australia

The revenue of the avocado market in Australia amounted to $X in 2018, reducing by -X% against the previous year. Over the period under review, avocado consumption continues to indicate strong growth. The most prominent rate of growth was recorded in 2012 with an increase of X% against the previous year. Avocado consumption peaked at $X in 2017, and then declined slightly in the following year.

Avocado Production in Australia

In value terms, avocado production amounted to $X in 2018 estimated in export prices. Over the period under review, avocado production continues to indicate a strong expansion. The pace of growth was the most pronounced in 2012 with an increase of X% against the previous year. Over the period under review, avocado production attained its maximum level at $X in 2017, and then declined slightly in the following year.

In 2018, the average yield of avocados in Australia amounted to X tonne per ha, remaining relatively unchanged against the previous year. In general, the avocado yield continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2012 with an increase of X% y-o-y. In that year, the average avocado yield attained its peak level of X tonne per ha. From 2013 to 2018, 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 2018, the avocado harvested area in Australia stood at X ha, growing by X% against the previous year. The harvested area increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. In that year, the avocado harvested area reached its peak level of X ha. From 2017 to 2018, the growth of the avocado harvested area failed to regain its momentum.

Avocado Exports

Exports from Australia

Avocado exports from Australia stood at X tonnes in 2018, increasing by X% against the previous year. Over the period under review, avocado exports continue to indicate a remarkable expansion. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Exports peaked in 2018 and are expected to retain its growth in the immediate term.

In value terms, avocado exports stood at $X in 2018. Overall, avocado exports continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. Over the period under review, avocado exports attained their peak figure in 2018 and are likely to see steady growth in the immediate term.

Exports by Country

Singapore (X tonnes), Malaysia (X tonnes) and Thailand (X tonnes) were the main destinations of avocado exports from Australia, together accounting for X% of total exports. These countries were followed by China, Hong Kong SAR and Indonesia, which together accounted for a further X 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Indonesia, while 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 China, Hong Kong SAR ($X), together comprising X% of total exports. Thailand and Indonesia lagged somewhat behind, together comprising a further X experienced the highest rates of growth with regard to exports, among the main countries of destination over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average avocado export price amounted to $X per tonne, waning by -X% against the previous year. In general, the export price indicated a noticeable expansion from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2008 when the average export price increased by X% y-o-y. The export price peaked at $X per tonne in 2017, and then declined slightly in the following year.

Prices varied noticeably by the country of destination; the country with the highest price was Indonesia ($X per tonne), while the average price for exports to Thailand ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to China, 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 stood at X tonnes in 2018, surging by X% against the previous year. Overall, avocado imports continue to indicate buoyant growth. The pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. In that year, avocado imports attained their peak of X tonnes. From 2015 to 2018, the growth of avocado imports remained at a somewhat lower figure.

In value terms, avocado imports amounted to $X in 2018. Overall, avocado imports continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Imports peaked in 2018 and are expected to retain its growth in the near future.

Imports by Country

In 2018, New Zealand (X tonnes) was the main avocado supplier to Australia, accounting for a approx. X% share of total imports.

From 2007 to 2018, the average annual rate of growth in terms of volume from New Zealand amounted to +X%.

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

From 2007 to 2018, the average annual growth rate of value from New Zealand stood at +X%.

Import Prices by Country

In 2018, the average avocado import price amounted to $X per tonne, surging by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2010 an increase of X% y-o-y. Over the period under review, the average import prices for avocados reached their maximum in 2018 and is likely to continue its growth in the near future.

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

From 2007 to 2018, the rate of growth in terms of prices for New Zealand amounted to +X% per year.

Source: IndexBox AI Platform