Italy: Avocado Market Overview 2021

Avocado Market Size in Italy

The Italian avocado market rose significantly to $X in 2020, growing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption posted a prominent expansion. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Over the period under review, the market hit record highs in 2020 and is expected to retain growth in the near future.

Avocado Exports

Exports from Italy

In 2020, the amount of avocados exported from Italy skyrocketed to X tonnes, jumping by X% against the year before. Overall, exports showed buoyant growth. The pace of growth appeared the most rapid in 2014 with an increase of X% y-o-y. Exports peaked at X tonnes in 2016; however, from 2017 to 2020, exports stood at a somewhat lower figure.

In value terms, avocado exports skyrocketed to $X in 2020. In general, exports recorded a strong expansion. As a result, exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

France (X tonnes), Slovenia (X tonnes) and Malta (X tonnes) were the main destinations of avocado exports from Italy, together accounting for X% of total exports. These countries were followed by Croatia, Greece, the Netherlands, the Czech Republic and Slovakia, which together accounted for a further X 2007 to 2020, the biggest increases were in the Czech Republic (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Slovenia ($X), France ($X) and Malta ($X) constituted the largest markets for avocado exported from Italy worldwide, together comprising X% of total exports. These countries were followed by Croatia, Greece, the Czech Republic, Slovakia and the Netherlands, which together accounted for a further X the main countries of destination, the Czech Republic (+X% per year) recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average avocado export price amounted to $X per tonne, jumping by X% against the previous year. Over the last thirteen years, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2013 an increase of X% year-to-year. Over the period under review, average export prices reached the peak figure in 2020 and is expected to retain growth in the immediate term.

Average prices varied somewhat for the major export markets. In 2020, the countries with the highest prices were Slovenia ($X per tonne) and Slovakia ($X per tonne), while the average price for exports to the Netherlands ($X per tonne) and Malta ($X per tonne) were amongst the lowest.

From 2007 to 2020, 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 more modest paces of growth.

Avocado Imports

Imports into Italy

In 2020, approx. X tonnes of avocados were imported into Italy; increasing by X% on the previous year. Over the period under review, imports enjoyed buoyant growth. The growth pace was the most rapid in 2019 with an increase of X% year-to-year. Imports peaked in 2020 and are expected to retain growth in the near future.

In value terms, avocado imports rose sharply to $X in 2020. In general, imports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2019 when imports increased by X% year-to-year. Imports peaked in 2020 and are expected to retain growth in the near future.

Imports by Country

The Netherlands (X tonnes), France (X tonnes) and Spain (X tonnes) were the main suppliers of avocado imports to Italy, with a combined X% share of total imports. Germany, Israel, Peru and Mexico lagged somewhat behind, together accounting for a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Mexico (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest avocado suppliers to Italy were the Netherlands ($X), France ($X) and Spain ($X), with a combined X% share of total imports. These countries were followed by Germany, Israel, Peru and Mexico, which together accounted for a further X terms of the main suppliers, Mexico (+X% per year) saw the highest rates of growth with regard to 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 2020, waning by -X% against the previous year. Over the last thirteen-year period, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008 when the average import price increased by X% y-o-y. The import price peaked at $X per tonne in 2019, and then dropped in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2020, the countries with the highest prices were Spain ($X per tonne) and France ($X per tonne), while the price for Peru ($X per tonne) and the Netherlands ($X per tonne) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Spain, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for avocados in the world?

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The countries with the highest volumes of avocado consumption in 2020 were Mexico (1.3M tonnes), the U.S. (1.2M tonnes) and the Dominican Republic (692K tonnes), together accounting for 41% of global consumption. Colombia, Indonesia, Haiti, Brazil, Kenya, Peru, China, France, Venezuela and Guatemala lagged somewhat behind, together accounting for a further 33%.

What are the largest producers of avocados in the world?

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Mexico (2.4M tonnes) remains the largest avocado producing country worldwide, accounting for 32% of total volume. Moreover, avocado production in Mexico exceeded the figures recorded by the second-largest producer, the Dominican Republic (736K tonnes), threefold. Peru (606K tonnes) ranked third in terms of total production with a 8.1% share.

What are the leading suppliers of avocados to Italy?

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In value terms, the Netherlands ($30M), France ($23M) and Spain ($15M) constituted the largest avocado suppliers to Italy, with a combined 81% share of total imports. Germany, Israel, Peru and Mexico lagged somewhat behind, together accounting for a further 15%.

What are the leading importers of avocados from Italy?

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In value terms, Slovenia ($943K), France ($899K) and Malta ($671K) appeared to be the largest markets for avocado exported from Italy worldwide, with a combined 42% share of total exports. Croatia, Greece, the Czech Republic, Slovakia and the Netherlands lagged somewhat behind, together comprising a further 37%.

What is the average export price for avocados in Italy?

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In 2020, the average avocado export price amounted to $3,446 per tonne, increasing by 16% against the previous year.

What is the average import price for avocados in Italy?

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The average avocado import price stood at $2,892 per tonne in 2020, which is down by -8.3% against the previous year.