Chile - Avocados - Market Analysis, Forecast, Size, Trends and Insights

Chile: Avocado Market Overview 2019

Avocado Market Size in Chile

The revenue of the avocado market in Chile amounted to $X in 2017, jumping by X% against the previous year. In general, the total market indicated a remarkable growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the avocado consumption increased by +X% against 2014 indices. The most prominent rate of growth was recorded in 2015, with an increase of X% against the previous year. The avocado consumption peaked in 2017, and is likely to continue its growth in the immediate term.

Avocado Production in Chile

In 2017, production of avocados in Chile stood at X tonnes, going up by X% against the previous year. Overall, the total output indicated a modest growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the avocado production increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2009, with an increase of X% against the previous year. The avocado production peaked in 2017, and is likely to see steady growth in the near future. Avocado output in Chile indicated a slight expansion, which was largely conditioned by a slight expansion of the harvested area and an abrupt curtailment in yield figures.

In 2017, average yield of avocados in Chile totaled X tonne per ha, reducing by -X% against the previous year. In general, avocado yield continues to indicate a drastic deduction. The pace of growth appeared the most rapid in 2009, when it surged by X% against the previous year. The avocado yield peaked of X tonne per ha in 2007; however, from 2008 to 2017, it 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.

Avocado harvested area in Chile amounted to X ha in 2017, approximately reflecting the previous year. The harvested area increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2008, with an increase of X% against the previous year. The avocado harvested area peaked of X ha in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Avocado Exports from Chile

In 2017, approx. X tonnes of avocados were exported from Chile; rising by X% against the previous year. Overall, avocado exports continue to indicate a slight expansion. The pace of growth appeared the most rapid in 2009, when it surged by X% y-o-y. The exports peaked in 2017, and are likely to continue its growth in the immediate term.

In value terms, avocado exports amounted to $X in 2017. Overall, avocado exports continue to indicate a remarkable growth. Over the period under review, the avocado exports attained its peak figure level in 2017, and are expected to retain its growth in the near future.

Avocado Exports by Country from Chile

The Netherlands (X tonnes), the U.S. (X tonnes) and the UK (X tonnes) were the main destinations of avocado exports from Chile, with a combined X% share of total exports. These countries were followed by Argentina, Spain, Norway and France, which together accounted for a further X%.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Norway (+X% per year), while the other leaders experienced more modest paces of growth.

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

Argentina (+X% per year) recorded the highest rates of growth with regard to exports, in terms of the main countries of destination over the last decade, while the other leaders experienced more modest paces of growth.

Avocado Export Prices by Country in Chile

In 2017, the average avocado export price amounted to $X per tonne, increasing by X% against the previous year. Overall, the export price indicated a prominent growth from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the avocado export price increased by +X% against 2012 indices. The pace of growth was the most pronounced in 2008, an increase of X% against the previous year. Over the period under review, the average export prices for avocados attained its peak figure level in 2017, and is likely to continue its growth in the near future.

Export prices varied noticeably by the country of destination; the country with the highest export price was Norway ($X per tonne), while average price for exports to Argentina ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was recorded for supplies to Argentina (+X% per year), the export prices for other major destinations experienced more modest paces of growth.

Avocado Imports into Chile

In 2017, approx. X tonnes of avocados were imported into Chile; dropping by -X% against the previous year. Overall, avocado imports continue to indicate a skyrocketing growth. The growth pace was the most rapid in 2012, with an increase of X% year-to-year. Over the period under review, the avocado imports reached its peak figure volume of X tonnes in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

In value terms, avocado imports stood at $X in 2017. In general, avocado imports continue to indicate an outstanding expansion. Over the period under review, the avocado imports attained its peak figure level of $X in 2016, and then declined slightly in the following year.

Avocado Imports by Country into Chile

Argentina (X tonnes), Peru (X tonnes) and Mexico (X tonnes) were the main suppliers of avocado imports to Chile, together accounting for X% of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Argentina (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Peru ($X), Argentina ($X) and Mexico ($X) constituted the largest avocado suppliers to Chile, together comprising X% of total imports.

Peru (+X% per year) experienced the highest rates of growth with regard to imports, among the main suppliers over the last decade, while the other leaders experienced more modest paces of growth.

Avocado Import Prices by Country in Chile

The average avocado import price stood at $X per tonne in 2017, going up by X% against the previous year. Overall, avocado import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016, when the average import prices increased by X% y-o-y. Over the period under review, the average import prices for avocados reached its peak figure level in 2017, and is likely to continue its growth in the immediate term.

Import prices varied noticeably by the country of destination; the country with the highest import price was Mexico ($X per tonne), while prices for avocado imports from Argentina ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Peru (+X% per year), the import prices for other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform