
China - Avocados - Market Analysis, Forecast, Size, Trends and Insights
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China: Avocado Market Overview 2021
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Avocado Market Size in China
In 2019, the Chinese avocado market decreased by -X% to $X for the first time since 2011, thus ending a seven-year rising trend. Over the period under review, consumption, however, showed a prominent increase. The growth pace was the most rapid in 2017 when the market value increased by X% against the previous year. Avocado consumption peaked at $X in 2018, and then reduced rapidly in the following year.
Avocado Production in China
In value terms, avocado production declined significantly to $X in 2019 estimated in export prices. In general, production showed a tangible increase. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2018, and then dropped notably in the following year.
The average yield of avocados in China stood at X tonnes per ha in 2019, picking up by X% compared with the year before. Overall, the yield, however, saw a slight slump. Over the period under review, the average avocado yield hit record highs at X tonnes per ha in 2007; however, from 2008 to 2019, the yield stood at a somewhat 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 China amounted to X ha in 2019, remaining relatively unchanged against 2018 figures. Over the period under review, the total harvested area indicated a tangible expansion from 2007 to 2019: its figure increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, avocado harvested area increased by +X% against 2007 indices. The growth pace was the most rapid in 2016 when the harvested area increased by X% y-o-y. The avocado harvested area peaked in 2019 and is likely to see steady growth in the near future.
Avocado Exports
Exports from China
In 2019, shipments abroad of avocados increased by X% to X tonnes, rising for the second consecutive year after two years of decline. Overall, exports posted prominent growth. The pace of growth was the most pronounced in 2010 when exports increased by X% y-o-y. Over the period under review, exports reached the peak figure at X tonnes in 2015; however, from 2016 to 2019, exports failed to regain the momentum.
In value terms, avocado exports amounted to $X in 2019. Over the period under review, exports enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Exports peaked at $X in 2016; however, from 2017 to 2019, exports failed to regain the momentum.
Exports by Country
The Netherlands (X tonnes), Hong Kong SAR (X tonnes) and Saudi Arabia (X tonnes) were the main destinations of avocado exports from China, with a combined X% share of total exports. These countries were followed by Kazakhstan, which accounted for a further X 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Kazakhstan (+X% per year), while exports for the other leaders experienced more modest paces of growth.
In value terms, the Netherlands ($X) emerged as the key foreign market for avocado exports from China, comprising X% of total exports. The second position in the ranking was occupied by Hong Kong SAR ($X), with a X% share of total exports. It was followed by Saudi Arabia, with a X% share.
From 2007 to 2019, the average annual growth rate of value to the Netherlands stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (+X% per year) and Saudi Arabia (-X% per year).
Export Prices by Country
In 2019, the average avocado export price amounted to $X per tonne, with a decrease of -X% against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of X% y-o-y. The export price peaked at $X per tonne in 2018, and then dropped dramatically in the following year.
There were significant differences in the average prices for the major external markets. In 2019, the country with the highest price was the Netherlands ($X per tonne), while the average price for exports to Saudi Arabia ($X per tonne) was amongst the lowest.
From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands, while the prices for the other major destinations experienced mixed trend patterns.
Avocado Imports
Imports into China
In 2019, overseas purchases of avocados decreased by -X% to X tonnes for the first time since 2011, thus ending a seven-year rising trend. Over the period under review, imports, however, recorded a significant increase. The pace of growth was the most pronounced in 2010 when imports increased by X% y-o-y. Imports peaked at X tonnes in 2018, and then dropped in the following year.
In value terms, avocado imports declined markedly to $X in 2019. Overall, imports, however, enjoyed significant growth. The growth pace was the most rapid in 2016 when imports increased by X% year-to-year. Over the period under review, imports reached the maximum at $X in 2018, and then declined markedly in the following year.
Imports by Country
Hong Kong SAR (X tonnes), Chile (X tonnes) and Peru (X tonnes) were the main suppliers of avocado imports to China, together accounting for X% of total imports.
From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Chile (+X% per year), while imports for the other leaders experienced more modest paces of growth.
In value terms, Chile ($X), Peru ($X) and Hong Kong SAR ($X) were the largest avocado suppliers to China, together comprising X% of total imports.
Among the main suppliers, Chile (+X% per year) recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
The average avocado import price stood at $X per tonne in 2019, dropping by -X% against the previous year. In general, the import price showed a pronounced descent. The pace of growth was the most pronounced in 2011 an increase of X% year-to-year. Over the period under review, average import prices reached the peak figure at $X per tonne in 2007; however, from 2008 to 2019, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2019, the highest prices were recorded for prices from Peru ($X per tonne) and Chile ($X per tonne), while the price for Hong Kong SAR ($X per tonne) and Mexico ($X per tonne) were amongst the lowest.
From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Peru, while the prices for the other major suppliers experienced a decline.
Source: IndexBox AI Platform
Frequently Asked Questions (FAQ) :
What are the largest markets for avocados in the world?+
The countries with the highest volumes of avocado consumption in 2019 were the U.S. (1.2M tonnes), Mexico (1.1M tonnes) and the Dominican Republic (640K tonnes), together accounting for 43% of global consumption.
What are the largest producers of avocados in the world?+
Mexico (2.1M tonnes) remains the largest avocado producing country worldwide, comprising approx. 33% of total volume. Moreover, avocado production in Mexico exceeded the figures recorded by the second-largest producer, the Dominican Republic (659K tonnes), threefold. The third position in this ranking was occupied by Peru (499K tonnes), with a 7.7% share.
What are the leading suppliers of avocados to China?+
In value terms, Chile ($36M), Peru ($33M) and Hong Kong SAR ($31M) constituted the largest avocado suppliers to China, together accounting for 81% of total imports.
What are the leading importers of avocados from China?+
In value terms, the Netherlands ($239K) emerged as the key foreign market for avocado exports from China, comprising 61% of total exports. The second position in the ranking was occupied by Hong Kong SAR ($99K), with a 25% share of total exports. It was followed by Saudi Arabia, with a 8.2% share.
What is the average export price for avocados in China?+
The average avocado export price stood at $1,780 per tonne in 2019, declining by -30.9% against the previous year.
What is the average import price for avocados in China?+
The average avocado import price stood at $2,616 per tonne in 2019, shrinking by -2.8% against the previous year.
This report provides an in-depth analysis of the avocado market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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