Austria: Avocado Market Overview 2021

Avocado Market Size in Austria

The Austrian avocado market expanded rapidly to $X in 2020, with an increase of X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption saw resilient growth. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. Avocado consumption peaked in 2020 and is likely to continue growth in the immediate term.

Avocado Exports

Exports from Austria

In 2020, the amount of avocados exported from Austria surged to X tonnes, increasing by X% against 2019 figures. Over the period under review, exports showed a significant expansion. The most prominent rate of growth was recorded in 2015 when exports increased by X% year-to-year. Over the period under review, exports reached the maximum in 2020 and are expected to retain growth in years to come.

In value terms, avocado exports surged to $X in 2020. In general, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2015 with an increase of X% y-o-y. Exports peaked in 2020 and are likely to see gradual growth in years to come.

Exports by Country

Hungary (X tonnes), the Czech Republic (X tonnes) and Slovakia (X tonnes) were the main destinations of avocado exports from Austria, with a combined X% share of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Czech Republic (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, Hungary ($X), the Czech Republic ($X) and Slovakia ($X) were the largest markets for avocado exported from Austria worldwide, together accounting for X% of total exports.

Among the main countries of destination, the Czech Republic (+X% per year) saw the highest growth rate of the value of exports, 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 2020, stabilizing at the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average export price increased by X% y-o-y. The export price peaked at $X per tonne in 2019, and then declined slightly in the following year.

Prices varied noticeably by the country of destination; the country with the highest price was Germany ($X per tonne), while the average price for exports to Hungary ($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 Slovenia, while the prices for the other major destinations experienced more modest paces of growth.

Avocado Imports

Imports into Austria

In 2020, purchases abroad of avocados increased by X% to X tonnes, rising for the eighth year in a row after two years of decline. Over the period under review, imports recorded a strong increase. The pace of growth appeared the most rapid in 2010 when imports increased by X% y-o-y. Imports peaked in 2020 and are likely to see steady growth in the near future.

In value terms, avocado imports rose sharply to $X in 2020. In general, imports saw a significant expansion. The pace of growth appeared the most rapid in 2016 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum in 2020 and are expected to retain growth in the near future.

Imports by Country

Peru (X tonnes), Spain (X tonnes) and Germany (X tonnes) were the main suppliers of avocado imports to Austria, with a combined X% share of total imports. These countries were followed by Chile, Colombia, Mexico and Kenya, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Colombia (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, Peru ($X), Germany ($X) and Chile ($X) appeared to be the largest avocado suppliers to Austria, together accounting for X% of total imports. These countries were followed by Spain, Mexico, Colombia and Kenya, which together accounted for a further X (+X% per year) recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average avocado import price amounted to $X per tonne, falling by -X% against the previous year. Over the period under review, import price indicated a buoyant expansion 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. Based on 2020 figures, avocado import price decreased by -X% against 2017 indices. The most prominent rate of growth was recorded in 2011 an increase of X% y-o-y. Over the period under review, average import prices hit record highs at $X per tonne in 2017; however, from 2018 to 2020, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Chile ($X per tonne), while the price for Kenya ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Spain, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for avocados in the world?

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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), with a combined 40% share of global consumption. Colombia, Indonesia, the Netherlands, Haiti, Brazil, Peru, Kenya, China, France and Venezuela lagged somewhat behind, together comprising a further 34%.

What are the largest producers of avocados in the world?

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Mexico (2.4M tonnes) constituted the country with the largest volume of avocado production, accounting for 31% of total volume. Moreover, avocado production in Mexico exceeded the figures recorded by the second-largest producer, the Dominican Republic (736K tonnes), threefold. The third position in this ranking was occupied by Peru (606K tonnes), with a 7.8% share.

What are the leading suppliers of avocados to Austria?

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In value terms, the largest avocado suppliers to Austria were Peru ($13M), Germany ($7.4M) and Chile ($6.9M), with a combined 58% share of total imports. These countries were followed by Spain, Mexico, Colombia and Kenya, which together accounted for a further 29%.

What are the leading importers of avocados from Austria?

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In value terms, Hungary ($2M), the Czech Republic ($1.4M) and Slovakia ($861K) constituted the largest markets for avocado exported from Austria worldwide, together accounting for 79% of total exports.

What is the average export price for avocados in Austria?

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In 2020, the average avocado export price amounted to $3,224 per tonne, leveling off at the previous year.

What is the average import price for avocados in Austria?

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The average avocado import price stood at $3,687 per tonne in 2020, falling by -3.1% against the previous year.