Honduras: Avocado Market Overview 2020

Avocado Market Size in Honduras

The revenue of the avocado market in Honduras amounted to $X in 2018, going down by -X% against the previous year. Overall, avocado consumption continues to indicate a modest expansion. The growth pace was the most rapid in 2012 with an increase of X% y-o-y. Avocado consumption peaked at $X in 2013; however, from 2014 to 2018, consumption stood at a somewhat lower figure.

Avocado Production in Honduras

In value terms, avocado production amounted to $X in 2018 estimated in export prices. Overall, avocado production continues to indicate a deep contraction. The pace of growth appeared the most rapid in 2012 when production volume increased by X% y-o-y. Over the period under review, avocado production attained its peak figure level at $X in 2013; however, from 2014 to 2018, production stood at a somewhat lower figure.

In 2018, the average yield of avocados in Honduras amounted to X tonne per ha, picking up by X% against the previous year. The yield figure increased at an average annual rate of +X% from 2007 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. Avocado yield peaked in 2018 and is likely to continue its growth in the near future. 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 Honduras stood at X ha in 2018, waning by -X% against the previous year. In general, the avocado harvested area continues to indicate an abrupt downturn. The most prominent rate of growth was recorded in 2009 with an increase of X% y-o-y. In that year, the avocado harvested area attained its peak level of X ha. From 2010 to 2018, the growth of the avocado harvested area remained at a lower figure.

Avocado Exports

Exports from Honduras

Avocado exports from Honduras amounted to X tonnes in 2018, rising by X% against the previous year. Over the period under review, avocado exports continue to indicate a remarkable expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. Over the period under review, avocado exports reached their peak figure in 2018 and are likely to continue its growth in the immediate term.

In value terms, avocado exports totaled $X in 2018. In general, avocado exports continue to indicate buoyant growth. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. Over the period under review, avocado exports attained their peak figure at $X in 2014; however, from 2015 to 2018, exports failed to regain their momentum.

Avocado Imports

Imports into Honduras

In 2018, the avocado imports into Honduras amounted to X tonnes, rising by X% against the previous year. Overall, the total imports indicated measured growth from 2007 to 2018: its volume 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. The growth pace was the most rapid in 2012 when imports increased by X% y-o-y. Over the period under review, avocado imports reached their peak figure in 2018 and are expected to retain its growth in the near future.

In value terms, avocado imports totaled $X in 2018. Overall, avocado imports continue to indicate a prominent increase. The pace of growth appeared the most rapid in 2018 when imports increased by X% year-to-year. In that year, avocado imports reached their peak and are likely to continue its growth in the immediate term.

Source: IndexBox AI Platform