Democratic Republic of the Congo: Avocado Market 2020

Avocado Market Size in Democratic Republic of the Congo

The revenue of the avocado market in Democratic Republic of the Congo amounted to $X in 2018, rising by X% against the previous year. Over the period under review, avocado consumption continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the market value increased by X% against the previous year. Democratic Republic of the Congo avocado consumption peaked in 2018 and is likely to see steady growth in the near future.

Avocado Production in Democratic Republic of the Congo

In value terms, avocado production totaled $X in 2018 estimated in export prices. In general, avocado production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when production volume increased by X% against the previous year. Democratic Republic of the Congo avocado production peaked in 2018 and is likely to continue its growth in the near future.

Average yield of avocados in Democratic Republic of the Congo stood at X ton per ha in 2018, leveling off at the previous year. Overall, the avocado yield continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2012 when yield increased by X% year-to-year. The global avocado yield peaked at X ton per ha in 2007; however, from 2008 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, the harvested area of avocados in Democratic Republic of the Congo stood at X ha, approximately reflecting the previous year. Overall, the avocado harvested area continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 when harvested area increased by X% y-o-y. In that year, the avocado harvested area reached its peak level of X ha. From 2012 to 2018, the growth of the avocado harvested area remained at a lower figure.

Avocado Exports

Exports from Democratic Republic of the Congo

Avocado exports from Democratic Republic of the Congo totaled X kg in 2018, rising by X% against the previous year. The total export volume increased at an average annual rate of +X% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2017 when exports increased by X% y-o-y. Democratic Republic of the Congo exports peaked in 2018 and are likely to see steady growth in the near future.

In value terms, avocado exports amounted to $X in 2018. In general, avocado exports continue to indicate a conspicuous increase. The pace of growth appeared the most rapid in 2017 when exports increased by X% y-o-y. Over the period under review, avocado exports reached their maximum in 2018 and are expected to retain its growth in the near future.

Exports by Country

Mexico represented the largest exporter of avocados in the world, with the volume of exports recording X tons, which was near X% of total exports in 2018. Peru (X tons) took a X% share (based on tons) of total exports, which put it in second place, followed by the Netherlands (X%) and Chile (X%). The following exporters - Spain (X tons), South Africa (X tons), Kenya (X tons) and the U.S. (X tons) - together made up X% of total exports.

From 2007 to 2018, average annual rates of growth with regard to avocado exports from Mexico stood at +X%. At the same time, Peru (+X%), the U.S. (+X%), the Netherlands (+X%), Kenya (+X%), Spain (+X%), South Africa (+X%) and Chile (+X%) displayed positive paces of growth. Moreover, Peru emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. While the share of Mexico (+X p.p.), Peru (+X p.p.), the Netherlands (+X p.p.), Chile (+X p.p.), the U.S. (+X p.p.), Spain (+X p.p.), Kenya (+X p.p.) and South Africa (+X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) remains the largest avocado supplier from Democratic Republic of the Congo, comprising X% of global exports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of global exports. It was followed by Peru, with a X% share.

In Mexico, avocado exports expanded at an average annual rate of +X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: the Netherlands (+X% per year) and Peru (+X% per year).

Export Prices by Country

The avocado export price in Democratic Republic of the Congo stood at $X per ton in 2018, picking up by X% against the previous year. Over the period under review, the avocado export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of X% y-o-y. Democratic Republic of the Congo export price peaked in 2018 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Mexico ($X per ton), while Kenya ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Chile, while the other leaders experienced more modest paces of growth.

Avocado Imports

Imports into Democratic Republic of the Congo

Avocado imports into Democratic Republic of the Congo amounted to X tons in 2018, going up by X% against the previous year. Overall, avocado imports continue to indicate a strong increase. The pace of growth was the most pronounced in 2017 with an increase of X% year-to-year. Democratic Republic of the Congo imports peaked in 2018 and are likely to see steady growth in the immediate term.

In value terms, avocado imports amounted to $X in 2018. Over the period under review, avocado imports continue to indicate a mild curtailment. The most prominent rate of growth was recorded in 2018 when imports increased by X% y-o-y. Democratic Republic of the Congo imports peaked at $X in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

Imports by Country

In 2018, the U.S. (X tons) represented the major importer of avocados, creating X% of total imports. It was distantly followed by the Netherlands (X tons), France (X tons), Canada (X tons), the UK (X tons) and Spain (X tons), together making up a X% share of total imports. Germany (X tons), Japan (X tons) and China (X tons) followed a long way behind the leaders.

From 2007 to 2018, average annual rates of growth with regard to avocado imports into the U.S. stood at +X%. At the same time, China (+X%), Canada (+X%), the Netherlands (+X%), Spain (+X%), Germany (+X%), Japan (+X%), the UK (+X%) and France (+X%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. The U.S. (+X p.p.), the Netherlands (+X p.p.), Canada (+X p.p.), Spain (+X p.p.), the UK (+X p.p.), Germany (+X p.p.) and Japan (+X p.p.) significantly strengthened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported avocados into Democratic Republic of the Congo, comprising X% of global imports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of global imports. It was followed by Canada, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value in the U.S. totaled +X%. In the other countries, the average annual rates were as follows: the Netherlands (+X% per year) and Canada (+X% per year).

Import Prices by Country

In 2018, the avocado import price in Democratic Republic of the Congo amounted to $X per ton, declining by -X% against the previous year. Overall, the avocado import price continues to indicate a drastic curtailment. The pace of growth was the most pronounced in 2016 an increase of X% y-o-y. Over the period under review, the import prices for avocados reached their maximum at $X per ton in 2007; however, from 2008 to 2018, import prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Germany ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the U.S., while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform