Northern America: Avocado Market 2024

Avocado Market Size in Northern America

The North American avocado market amounted to $X in 2022, with an increase of X% against the previous year. Over the period under review, consumption, however, recorded prominent growth. Over the period under review, the market attained the peak level in 2022 and is expected to retain growth in the near future.

Avocado Production in Northern America

In value terms, avocado production stood at $X in 2022 estimated in export price. Over the period under review, production, however, showed a noticeable setback. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

The United States (X tons) constituted the country with the largest volume of avocado production, comprising approx. X% of total volume.

From 2012 to 2022, the average annual rate of growth in terms of volume in the United States stood at X%.

The average avocado yield rose sharply to X tons per ha in 2022, increasing by X% compared with 2021 figures. Overall, the yield, however, continues to indicate a mild contraction. The growth pace was the most rapid in 2020 when the yield increased by X% against the previous year. The level of yield peaked at X tons per ha in 2012; however, from 2013 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The avocado harvested area shrank to X ha in 2022, approximately equating the year before. In general, the harvested area recorded a slight shrinkage. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to avocado production attained the maximum at X ha in 2012; however, from 2013 to 2022, the harvested area failed to regain momentum.

Avocado Exports

Exports in Northern America

In 2022, exports of avocados in Northern America declined dramatically to X tons, with a decrease of X% compared with the previous year's figure. Total exports indicated a prominent expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by X% against 2018 indices. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, avocado exports reduced modestly to $X in 2022. Total exports indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by X% against 2018 indices. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. The level of export peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

The shipments of the one major exporters of avocados, namely the United States, represented more than two-thirds of total export.

The United States was also the fastest-growing in terms of the avocados exports, with a CAGR of X% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) also remains the largest avocado supplier in Northern America.

From 2012 to 2022, the average annual growth rate of value in the United States totaled X%.

Export Prices by Country

The export price in Northern America stood at $X per ton in 2022, rising by X% against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2014; afterwards, it flattened through to 2022.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to X% per year.

Avocado Imports

Imports in Northern America

After five years of growth, supplies from abroad of avocados decreased by X% to X tons in 2022. Total imports indicated a buoyant expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2012 indices. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2021, and then dropped in the following year.

In value terms, avocado imports amounted to $X in 2022. In general, imports, however, showed prominent growth. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

The United States prevails in imports structure, accounting for X tons, which was approx. X% of total imports in 2022. It was distantly followed by Canada (X tons), constituting an X% share of total imports.

The United States was also the fastest-growing in terms of the avocados imports, with a CAGR of X% from 2012 to 2022. At the same time, Canada (X%) displayed positive paces of growth. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported avocados in Northern America, comprising X% of total imports. The second position in the ranking was held by Canada ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in the United States totaled X%.

Import Prices by Country

In 2022, the import price in Northern America amounted to $X per ton, rising by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2017 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2018 to 2022, the import prices remained at a lower figure.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while Canada totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%).

Source: IndexBox Platform

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