South-Eastern Asia: Avocado Market 2024

Avocado Market Size in South-Eastern Asia

The Southeast Asian avocado market expanded slightly to $X in 2022, surging by X% against the previous year. In general, consumption showed a buoyant expansion. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Avocado Production in South-Eastern Asia

In value terms, avocado production expanded slightly to $X in 2022 estimated in export price. Over the period under review, production recorded resilient growth. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Indonesia (X tons) constituted the country with the largest volume of avocado production, accounting for X% of total volume. Moreover, avocado production in Indonesia exceeded the figures recorded by the second-largest producer, Vietnam (X tons), threefold.

In Indonesia, avocado production increased at an average annual rate of X% over the period from 2012-2022. The remaining producing countries recorded the following average annual rates of production growth: Vietnam (X% per year) and the Philippines (X% per year).

The average avocado yield amounted to X tons per ha in 2022, standing approx. at 2021 figures. Over the period under review, the yield recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of X%. Over the period under review, the avocado yield reached the peak level at X tons per ha in 2020; however, from 2021 to 2022, the yield remained at a 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 amounted to X ha in 2022, picking up by X% on 2021 figures. Over the period under review, the harvested area saw strong growth. The pace of growth was the most pronounced in 2018 when the harvested area increased by X%. Over the period under review, the harvested area dedicated to avocado production reached the peak figure at X ha in 2020; however, from 2021 to 2022, the harvested area failed to regain momentum.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Avocado Exports

Exports in South-Eastern Asia

In 2022, the amount of avocados exported in South-Eastern Asia dropped sharply to X tons, waning by X% on the previous year's figure. Overall, exports, however, posted a significant expansion. The growth pace was the most rapid in 2018 with an increase of X%. As a result, the exports reached the peak of X tons. From 2019 to 2022, the growth of the exports failed to regain momentum.

In value terms, avocado exports skyrocketed to $X in 2022. Over the period under review, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2018 when exports increased by X%. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in the near future.

Exports by Country

The Philippines (X tons), Myanmar (X tons) and Indonesia (X tons) represented roughly X% of total exports in 2022. Singapore (X tons) held an X% share (based on physical terms) of total exports, which put it in second place, followed by Malaysia (X%) and Thailand (X%). Vietnam (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Vietnam (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the Philippines ($X) emerged as the largest avocado supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was held by Singapore ($X), with a X% share of total exports. It was followed by Myanmar, with an X% share.

In the Philippines, avocado exports expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Singapore (X% per year) and Myanmar (X% per year).

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per ton, jumping by X% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the export price increased by X%. The level of export peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Singapore ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (X%), while the other leaders experienced more modest paces of growth.

Avocado Imports

Imports in South-Eastern Asia

In 2022, after ten years of growth, there was significant decline in supplies from abroad of avocados, when their volume decreased by X% to X tons. Overall, imports, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2021, and then fell in the following year.

In value terms, avocado imports declined to $X in 2022. In general, imports, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. The level of import peaked at $X in 2021, and then shrank in the following year.

Imports by Country

Singapore (X tons) and Malaysia (X tons) represented roughly X% of total imports in 2022. Thailand (X tons) held the next position in the ranking, followed by Brunei Darussalam (X tons). All these countries together held near X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Brunei Darussalam (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest avocado importing markets in South-Eastern Asia were Singapore ($X), Malaysia ($X) and Thailand ($X), together comprising X% of total imports.

In terms of the main importing countries, Malaysia, with a CAGR of X%, recorded 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

In 2022, the import price in South-Eastern Asia amounted to $X per ton, with an increase of X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2020 when the import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2021 to 2022, the import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Thailand ($X per ton), while Brunei Darussalam ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :