Bahamas: Avocado Market Overview 2020

Avocado Market Size in Bahamas

The revenue of the avocado market in Bahamas amounted to $X in 2018, shrinking by -X% against the previous year. Over the period under review, the total market indicated remarkable growth from 2007 to 2018: its value 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. Based on 2018 figures, avocado consumption increased by +X% against 2011 indices. The pace of growth appeared the most rapid in 2011 when the market value increased by X% against the previous year. Avocado consumption peaked at $X in 2017, and then declined slightly in the following year.

Avocado Production in Bahamas

In value terms, avocado production totaled $X in 2018 estimated in export prices. Overall, the total output indicated a resilient increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, avocado production increased by +X% against 2011 indices. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. In that year, avocado production attained its peak level of $X, and then declined slightly in the following year.

In 2018, the average avocado yield in Bahamas stood at X tonne per ha, approximately equating the previous year. Over the period under review, the avocado yield continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Avocado yield peaked at X tonne per ha in 2016; however, from 2017 to 2018, yield failed to regain its momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2018, approx. X ha of avocados were harvested in Bahamas; surging by X% against the previous year. The harvested area increased at an average annual rate of +X% from 2007 to 2018; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to avocado production reached its maximum in 2018 and is expected to retain its growth in the near future.

Avocado Exports

Exports from Bahamas

Avocado exports from Bahamas stood at X kg in 2018, falling by -X% against the previous year. Overall, avocado exports continue to indicate a dramatic shrinkage. The pace of growth appeared the most rapid in 2013 with a decrease of -X% against the previous year. Over the period under review, avocado exports attained their maximum at X kg in 2007; however, from 2008 to 2018, exports remained at a lower figure.

In value terms, avocado exports totaled $X in 2018. Over the period under review, avocado exports continue to indicate a relatively flat trend pattern. Over the period under review, avocado exports reached their maximum at $X in 2007; afterwards, it flattened through to 2018.

Avocado Imports

Imports into Bahamas

In 2018, the imports of avocados into Bahamas stood at X tonnes, coming down by -X% against the previous year. In general, avocado imports continue to indicate a measured reduction. The growth pace was the most rapid in 2011 with an increase of X% year-to-year. In that year, avocado imports attained their peak of X tonnes. From 2012 to 2018, the growth of avocado imports remained at a lower figure.

In value terms, avocado imports totaled $X in 2018. In general, avocado imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2012 with an increase of X% y-o-y. Imports peaked at $X in 2013; however, from 2014 to 2018, imports stood at a somewhat lower figure.

Source: IndexBox AI Platform