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

India: Avocado Market Overview 2020

Avocado Market Size in India

The revenue of the avocado market in India amounted to $X in 2018, going down by -X% against the previous year. In general, avocado consumption, however, continues to indicate an outstanding increase. The pace of growth appeared the most rapid in 2014 when the market value increased by X% y-o-y. Over the period under review, the avocado market reached its peak figure level at $X in 2017, and then declined slightly in the following year.

Avocado Production in India

In value terms, avocado production amounted to $X in 2018 estimated in export prices. In general, avocado production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2009 when production volume increased by X% y-o-y. Over the period under review, avocado production reached its peak figure level at $X in 2017, and then declined slightly in the following year.

In 2018, the average avocado yield in India stood at X kg per ha, therefore, remained relatively stable against the previous year. Over the period under review, the avocado yield continues to indicate a relatively flat trend pattern. 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 India totaled X ha in 2018, stabilizing at the previous year. Overall, the avocado harvested area continues to indicate a relatively flat trend pattern.

Avocado Exports

Exports from India

Avocado exports from India amounted to X tonnes in 2018, leveling off at the previous year. Overall, avocado exports, however, continue to indicate a drastic reduction. The growth pace was the most rapid in 2013 with an increase of X% y-o-y. Exports peaked at X tonnes in 2008; however, from 2009 to 2018, exports failed to regain their momentum.

In value terms, avocado exports totaled $X in 2018. Over the period under review, avocado exports, however, continue to indicate a drastic deduction. The pace of growth appeared the most rapid in 2013 with an increase of X% year-to-year. Over the period under review, avocado exports attained their peak figure at $X in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

Exports by Country

Bahrain (X kg) was the main destination for avocado exports from India, accounting for a X% share of total exports. Moreover, avocado exports to Bahrain exceeded the volume sent to the second major destination, Nepal (X kg), threefold. The United Arab Emirates (X kg) ranked third in terms of total exports with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume to Bahrain totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Nepal (+X% per year) and the United Arab Emirates (-X% per year).

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

From 2007 to 2018, the average annual growth rate of value to Bahrain totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Maldives (-X% per year) and Kuwait (-X% per year).

Export Prices by Country

In 2018, the average avocado export price amounted to $X per tonne, lowering by -X% against the previous year. Over the period under review, the avocado export price continues to indicate a moderate curtailment. The most prominent rate of growth was recorded in 2009 when the average export price increased by X% against the previous year. Over the period under review, the average export prices for avocados attained their peak figure at $X per tonne in 2017, and then declined slightly in the following year.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Qatar, while the prices for the other major destinations experienced mixed trend patterns.

Avocado Imports

Imports into India

Avocado imports into India stood at X tonnes in 2018, declining by -X% against the previous year. Over the period under review, avocado imports, however, continue to indicate a skyrocketing expansion. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Imports peaked at X tonnes in 2017, and then declined slightly in the following year.

In value terms, avocado imports stood at $X in 2018. Over the period under review, avocado imports, however, continue to indicate an extraordinary expansion. The growth pace was the most rapid in 2014 when imports increased by X% year-to-year. Over the period under review, avocado imports attained their maximum in 2018 and are expected to retain its growth in the immediate term.

Imports by Country

In 2018, Myanmar (X tonnes) constituted the largest supplier of avocado to India, accounting for a X% share of total imports. Moreover, avocado imports from Myanmar exceeded the figures recorded by the second-largest supplier, the U.S. (X tonnes), threefold. The Netherlands (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume from Myanmar stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the U.S. (+X% per year) and the Netherlands (+X% per year).

In value terms, the U.S. ($X), Myanmar ($X) and the Netherlands ($X) constituted the largest avocado suppliers to India, together accounting for X% of total imports.

In terms of the main suppliers, the Netherlands (+X% per year) experienced the highest growth rate of imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the average avocado import price amounted to $X per tonne, rising by X% against the previous year. Over the period under review, the avocado import price continues to indicate a resilient increase. The pace of growth was the most pronounced in 2009 an increase of X% y-o-y. The import price peaked at $X per tonne in 2011; however, from 2012 to 2018, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was the U.S. ($X per tonne), while the price for Kenya ($X per tonne) 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 prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform