India: Avocado Market 2022

Avocado Exports

Exports from India

In 2020, overseas shipments of avocados increased by X% to X tonnes, rising for the third year in a row after nine years of decline. Over the period under review, exports posted a resilient increase. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2020 and are likely to continue growth in years to come.

In value terms, avocado exports surged to $X in 2020. In general, exports saw a prominent increase. The pace of growth appeared the most rapid in 2019 when exports increased by X% year-to-year. The exports peaked in 2020 and are expected to retain growth in the near future.

Exports by Country

Saudi Arabia (X tonnes) was the main destination for avocado exports from India, with a X% share of total exports. Moreover, avocado exports to Saudi Arabia exceeded the volume sent to the second major destination, Switzerland (X tonnes), more than tenfold. Nepal (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to Saudi Arabia stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (+X% per year) and Nepal (+X% per year).

In value terms, Saudi Arabia ($X) remains the key foreign market for avocado exports from India, comprising X% of total exports. The second position in the ranking was occupied by Switzerland ($X), with a X% share of total exports. It was followed by Austria, with a X% share.

From 2007 to 2020, the average annual growth rate of value to Saudi Arabia stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (+X% per year) and Austria (+X% per year).

Export Prices by Country

In 2020, the average avocado export price amounted to $X per tonne, remaining relatively unchanged against the previous year. Over the last thirteen years, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2019 an increase of X% y-o-y. The export price peaked in 2020 and is expected to retain growth in the immediate term.

Prices varied noticeably by the country of destination: the country with the highest price was Austria ($X per tonne), while the average price for exports to Nepal ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Avocado Imports

Imports into India

For the seventh year in a row, India recorded decline in supplies from abroad of avocados, which decreased by -X% to X tonnes in 2020. Overall, imports recorded a abrupt slump. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. Imports peaked at X tonnes in 2007; however, from 2008 to 2020, imports stood at a somewhat lower figure.

In value terms, avocado imports dropped modestly to $X in 2020. Over the period under review, imports recorded a pronounced downturn. The growth pace was the most rapid in 2011 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, the Netherlands (X tonnes) constituted the largest avocado supplier to India, with a X% share of total imports. Moreover, avocado imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Myanmar (X kg), fourfold.

From 2007 to 2020, the average annual growth rate of volume from the Netherlands amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Myanmar (-X% per year) and Chile (-X% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of avocado to India, comprising X% of total imports. The second position in the ranking was occupied by Chile ($X), with a X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of value from the Netherlands amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Chile (+X% per year) and Myanmar (-X% per year).

Import Prices by Country

The average avocado import price stood at $X per tonne in 2020, growing by X% against the previous year. Over the period under review, the import price enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2009 an increase of X% y-o-y. Over the period under review, average import prices reached the peak figure at $X per tonne in 2012; however, from 2013 to 2020, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Chile ($X per tonne), while the price for Myanmar ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Chile (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform