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U.S. - Avocados - Market Analysis, Forecast, Size, Trends and Insights
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U.S.: Avocado Market Overview 2020

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Avocado Market Size in the U.S.

The revenue of the avocado market in the U.S. amounted to $X in 2018, remaining relatively unchanged against the previous year. In general, avocado consumption continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Over the period under review, the avocado market reached its maximum level in 2018 and is likely to see steady growth in the immediate term.

Avocado Production in the U.S.

In value terms, avocado production amounted to $X in 2018. In general, avocado production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2009 with an increase of X% year-to-year. Over the period under review, avocado production reached its maximum level at $X in 2011; however, from 2012 to 2018, production remained at a lower figure.

Average yield of avocados in the U.S. totaled X tonne per ha in 2018, remaining relatively unchanged against the previous year. Over the period under review, the avocado yield continues to indicate a slight reduction. The growth pace was the most rapid in 2009 with an increase of X% y-o-y. In that year, the average avocado yield attained its peak level of X tonne per ha. From 2010 to 2018, the growth of the average avocado 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.

In 2018, the avocado harvested area in the U.S. stood at X ha, dropping by -X% against the previous year. Over the period under review, the avocado harvested area continues to indicate a temperate decrease. The pace of growth was the most pronounced in 2012 when harvested area increased by X% y-o-y. Avocado harvested area peaked at X ha in 2007; however, from 2008 to 2018, harvested area stood at a somewhat lower figure.

Avocado Exports

Exports from the U.S.

In 2018, approx. X tonnes of avocados were exported from the U.S.; picking up by X% against the previous year. Overall, avocado exports continue to indicate prominent growth. The pace of growth was the most pronounced in 2010 with an increase of X% year-to-year. Exports peaked in 2018 and are expected to retain its growth in the immediate term.

In value terms, avocado exports stood at $X in 2018. Overall, avocado exports continue to indicate a skyrocketing increase. The growth pace was the most rapid in 2010 with an increase of X% against the previous year. Over the period under review, avocado exports attained their maximum in 2018 and are likely to continue its growth in the immediate term.

Exports by Country

Canada (X tonnes) was the main destination for avocado exports from the U.S., with a X% share of total exports. Moreover, avocado exports to Canada exceeded the volume sent to the second major destination, South Korea (X tonnes), more than tenfold. The third position in this ranking was occupied by Japan (X tonnes), with a X% share.

From 2007 to 2018, the average annual growth rate of volume to Canada totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (+X% per year) and Japan (+X% per year).

In value terms, Canada ($X) remains the key foreign market for avocado exports from the U.S., comprising X% of total avocado exports. The second position in the ranking was occupied by South Korea ($X), with a X% share of total exports. It was followed by Japan, with a X% share.

From 2007 to 2018, the average annual growth rate of value to Canada amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (+X% per year) and Japan (+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. In general, the export price indicated a notable expansion from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, avocado export price increased by +X% against 2016 indices. The growth pace was the most rapid in 2011 an increase of X% year-to-year. In that year, the average export prices for avocados reached their peak level of $X per tonne. From 2012 to 2018, the growth in terms of the average export prices for avocados remained at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In 2018, the countries with the highest prices were South Korea ($X per tonne) and Japan ($X per tonne), while the average price for exports to Canada ($X per tonne) and China, Hong Kong SAR ($X per tonne) were amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Japan, while the prices for the other major destinations experienced more modest paces of growth.

Avocado Imports

Imports into the U.S.

In 2018, the amount of avocados imported into the U.S. stood at X tonnes, surging by X% against the previous year. In general, avocado imports continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2009 when imports increased by X% year-to-year. Imports peaked in 2018 and are likely to continue its growth in the near future.

In value terms, avocado imports totaled $X in 2018. Overall, avocado imports continue to indicate a strong expansion. The pace of growth appeared the most rapid in 2011 when imports increased by X% against the previous year. Imports peaked in 2018 and are expected to retain its growth in the near future.

Imports by Country

In 2018, Mexico (X tonnes) constituted the largest avocado supplier to the U.S., accounting for a X% share of total imports. Moreover, avocado imports from Mexico exceeded the figures recorded by the second-largest supplier, Peru (X tonnes), more than tenfold. Chile (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 Mexico amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Peru (+X% per year) and Chile (-X% per year).

In value terms, Mexico ($X) constituted the largest supplier of avocado to the U.S., comprising X% of total avocado imports. The second position in the ranking was occupied by Peru ($X), with a X% share of total imports. It was followed by Chile, with a X% share.

From 2007 to 2018, the average annual growth rate of value from Mexico totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Peru (+X% per year) and Chile (-X% per year).

Import Prices by Country

The average avocado import price stood at $X per tonne in 2018, growing by X% against the previous year. Over the period under review, the import price indicated strong growth from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, avocado import price increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2011 when the average import price increased by X% year-to-year. The import price peaked in 2018 and is likely to see steady growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Mexico ($X per tonne), while the price for the Dominican Republic ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Chile, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Product coverage:
• FCL 572 - Avocados

This report provides an in-depth analysis of the avocado market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.


Country coverage:
• USA

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the U.S.
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2019
Figure 22:
Production, In Value Terms, 2007–2019
Figure 23:
Area Harvested, 2007–2019
Figure 24:
Yield, 2007–2019
Figure 25:
Imports, In Physical Terms, 2007–2019
Figure 26:
Imports, In Value Terms, 2007–2019
Figure 27:
Imports, In Physical Terms, By Country, 2019
Figure 28:
Imports, In Physical Terms, By Country, 2007–2019
Figure 29:
Imports, In Value Terms, By Country, 2007–2019
Figure 30:
Import Prices, By Country Of Origin, 2007–2019
Figure 31:
Exports, In Physical Terms, 2007–2019
Figure 32:
Exports, In Value Terms, 2007–2019
Figure 33:
Exports, In Physical Terms, By Country, 2019
Figure 34:
Exports, In Physical Terms, By Country, 2007–2019
Figure 35:
Exports, In Value Terms, By Country, 2007–2019
Figure 36:
Export Prices, By Country Of Destination, 2007–2019

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