United Kingdom: Avocado Market Overview 2021

Avocado Market Size in the UK

In 2020, after two years of decline, there was significant growth in the UK avocado market, when its value increased by X% to $X. Over the period under review, consumption saw a buoyant increase. The most prominent rate of growth was recorded in 2015 when the market value increased by X% year-to-year. Avocado consumption peaked in 2020 and is expected to retain growth in the immediate term.

Avocado Exports

Exports from the UK

In 2020, shipments abroad of avocados increased by X% to X tonnes, rising for the third consecutive year after two years of decline. Over the period under review, exports recorded strong growth. As a result, exports attained the peak and are likely to continue growth in the immediate term.

In value terms, avocado exports soared to $X in 2020. Overall, exports posted strong growth. As a result, exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Ireland (X tonnes), the Netherlands (X tonnes) and Germany (X tonnes) were the main destinations of avocado exports from the UK, with a combined X% share of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for avocado exported from the UK were Ireland ($X), the Netherlands ($X) and Germany ($X), with a combined X% share of total exports.

In terms of the main countries of destination, Germany (+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

The average avocado export price stood at $X per tonne in 2020, with a decrease of -X% against the previous year. Over the period under review, export price indicated a modest increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, avocado export price decreased by -X% against 2017 indices. The most prominent rate of growth was recorded in 2010 when the average export price increased by X% year-to-year. The export price peaked at $X per tonne in 2017; however, from 2018 to 2020, export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was Sweden ($X per tonne), while the average price for exports to Spain ($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 France, while the prices for the other major destinations experienced more modest paces of growth.

Avocado Imports

Imports into the UK

Avocado imports into the UK skyrocketed to X tonnes in 2020, increasing by X% on the previous year's figure. Over the period under review, imports recorded resilient growth. The pace of growth appeared the most rapid in 2015 when imports increased by X% year-to-year. Over the period under review, imports hit record highs in 2020 and are likely to continue growth in the immediate term.

In value terms, avocado imports skyrocketed to $X in 2020. In general, imports enjoyed a strong expansion. The most prominent rate of growth was recorded in 2015 with an increase of X% y-o-y. Imports peaked in 2020 and are expected to retain growth in years to come.

Imports by Country

In 2020, Peru (X tonnes) constituted the largest avocado supplier to the UK, accounting for a X% share of total imports. Moreover, avocado imports from Peru exceeded the figures recorded by the second-largest supplier, Chile (X tonnes), twofold. The third position in this ranking was occupied by South Africa (X tonnes), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from Peru stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Chile (+X% per year) and South Africa (+X% per year).

In value terms, the largest avocado suppliers to the UK were Peru ($X), Chile ($X) and Israel ($X), together comprising X% of total imports. Spain, South Africa, Germany, Mexico, Colombia and the Netherlands lagged somewhat behind, together accounting for a further X (+X% per year) recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average avocado import price amounted to $X per tonne, with an increase of X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2011 an increase of X% year-to-year. Over the period under review, average import prices reached the peak figure in 2020 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Germany ($X per tonne), while the price for South Africa ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Germany, 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 comprising 40% of global consumption. These countries were followed by Colombia, Indonesia, the Netherlands, Haiti, Brazil, Peru, Kenya, China, France and Venezuela, which together accounted for a further 34%.

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 31% 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 7.8% share.

What are the leading suppliers of avocados to the UK?

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In value terms, Peru ($85M), Chile ($45M) and Israel ($36M) constituted the largest avocado suppliers to the UK, together comprising 48% of total imports. These countries were followed by Spain, South Africa, Germany, Mexico, Colombia and the Netherlands, which together accounted for a further 46%.

What are the leading importers of avocados from the UK?

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In value terms, the largest markets for avocado exported from the UK were Ireland ($9.9M), the Netherlands ($6.2M) and Germany ($4.7M), together comprising 81% of total exports.

What is the average export price for avocados in the UK?

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The average avocado export price stood at $2,612 per tonne in 2020, with a decrease of -21.2% against the previous year.

What is the average import price for avocados in the UK?

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The average avocado import price stood at $2,841 per tonne in 2020, growing by 11% against the previous year.