Chile: Avocado Market 2024

Avocado Market Size in Chile

After two years of growth, the Chilean avocado market decreased by X% to $X in 2022. In general, consumption, however, saw a remarkable increase. Over the period under review, the market attained the maximum level at $X in 2021, and then reduced in the following year.

Avocado Production in Chile

In value terms, avocado production rose remarkably to $X in 2022 estimated in export price. In general, the total production indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. Avocado production peaked at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

The average yield of avocados in Chile stood at X tons per ha in 2022, standing approx. at the previous year. The yield figure increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, the average avocado yield hit record highs at X tons per ha in 2017; however, from 2018 to 2022, the 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.

The avocado harvested area in Chile totaled X ha in 2022, almost unchanged from the previous year's figure. In general, the harvested area, however, continues to indicate a mild decrease. The growth pace was the most rapid in 2020 when the harvested area increased by X%. The avocado harvested area peaked at X ha in 2012; however, from 2013 to 2022, the harvested area remained at a lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Avocado Exports

Exports from Chile

In 2022, exports of avocados from Chile stood at X tons, increasing by X% against 2021 figures. Overall, total exports indicated a modest increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The growth pace was the most rapid in 2016 when exports increased by X% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, avocado exports reduced markedly to $X in 2022. In general, exports recorded a measured increase. The pace of growth was the most pronounced in 2016 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

The Netherlands (X tons) was the main destination for avocado exports from Chile, accounting for a X% share of total exports. Moreover, avocado exports to the Netherlands exceeded the volume sent to the second major destination, Argentina (X tons), twofold. The UK (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the Netherlands amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Argentina (X% per year) and the UK (X% per year).

In value terms, the largest markets for avocado exported from Chile were the Netherlands ($X), Argentina ($X) and the UK ($X), with a combined X% share of total exports. China, the United States, Spain and Germany lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, China, with a CAGR of X%, recorded 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 ton in 2022, falling by X% against the previous year. In general, export price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. The export price peaked at $X per ton in 2021, and then reduced markedly in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (X%), while the prices for the other major destinations experienced more modest paces of growth.

Avocado Imports

Imports into Chile

After two years of growth, supplies from abroad of avocados decreased by X% to X tons in 2022. In general, imports, however, recorded significant growth. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2021, and then declined dramatically in the following year.

In value terms, avocado imports declined markedly to $X in 2022. Over the period under review, imports, however, showed a significant expansion. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Imports peaked at $X in 2021, and then shrank sharply in the following year.

Imports by Country

In 2022, Peru (X tons) was the main avocado supplier to Chile, with a X% share of total imports. It was followed by Mexico (X kg), with less than X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Peru stood at X%.

In value terms, Peru ($X) constituted the largest supplier of avocados to Chile, comprising X% of total imports. The second position in the ranking was taken by Mexico ($X), with less than X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Peru stood at X%.

Import Prices by Country

The average avocado import price stood at $X per ton in 2022, with a decrease of X% against the previous year. Over the period under review, the import price continues to indicate a perceptible descent. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Mexico ($X per ton), while the price for Peru totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (X%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :