Latest Report Update: Oct 7, 2019

World - Avocados - Market Analysis, Forecast, Size, Trends and Insights

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Global Avocado Market Overview 2019

Avocado Market Size

The global avocado market revenue amounted to $X in 2018, waning by -X% against the previous year. In general, the total market indicated strong growth from 2013 to 2018: its value increased at an average annual rate of +X% over the last five-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, avocado consumption increased by +X% against 2013 indices. The most prominent rate of growth was recorded in 2017 when the market value increased by X% against the previous year. In that year, the global avocado market reached its peak level of $X, and then declined slightly in the following year.

Avocado Production

In value terms, avocado production stood at $X in 2018 estimated in export prices. In general, avocado production continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. In that year, global avocado production reached its peak level of $X, and then declined slightly in the following year.

Mexico (X tonnes) remains the largest avocado producing country worldwide, comprising approx. X% of total production. Moreover, avocado production in Mexico exceeded the figures recorded by the world's second-largest producer, the Dominican Republic (X tonnes), threefold. Peru (X tonnes) ranked third in terms of total production with a X% share.

From 2013 to 2018, the average annual growth rate of volume in Mexico amounted to +X%. The remaining producing countries recorded the following average annual rates of production growth: the Dominican Republic (+X% per year) and Peru (+X% per year).

Global average avocado yield amounted to X tonne per ha in 2018, surging by X% against the previous year. The yield figure increased at an average annual rate of +X% from 2013 to 2018; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. The global avocado yield peaked in 2018 and is likely to see steady growth in the immediate term. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

Global avocado harvested area totaled X ha in 2018, jumping by X% against the previous year. The harvested area increased at an average annual rate of +X% from 2013 to 2018; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2016 with an increase of X% y-o-y. Over the period under review, the harvested area dedicated to avocado production attained its peak figure in 2018 and is likely to see steady growth in the immediate term.

Production By Country

Mexico (X tonnes) constituted the country with the largest volume of avocado production, comprising approx. X% of total production. Moreover, avocado production in Mexico exceeded the figures recorded by the world's second-largest producer, the Dominican Republic (X tonnes), threefold. Peru (X tonnes) ranked third in terms of total production with a X% share.

From 2013 to 2018, the average annual growth rate of volume in Mexico amounted to +X%. The remaining producing countries recorded the following average annual rates of production growth: the Dominican Republic (+X% per year) and Peru (+X% per year).

Avocado Exports

Exports 2007-2018

In 2018, approx. X tonnes of avocados were exported worldwide; rising by X% against the previous year. In general, the total exports indicated a strong increase from 2013 to 2018: its volume increased at an average annual rate of +X% over the last five-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, avocado exports increased by +X% against 2013 indices. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. In that year, global avocado exports reached their peak and are likely to continue its growth in the immediate term.

In value terms, avocado exports stood at $X in 2018. In general, avocado exports continue to indicate a skyrocketing expansion. The pace of growth was the most pronounced in 2016 with an increase of X% y-o-y. Over the period under review, global avocado exports reached their peak figure in 2018 and are likely to see steady growth in the immediate term.

Exports by Country

In 2018, Mexico (X tonnes) was the major exporter of avocados, comprising X% of total exports. It was distantly followed by Peru (X tonnes), the Netherlands (X tonnes) and Chile (X tonnes), together generating a X% share of total exports. The following exporters - Spain (X tonnes), South Africa (X tonnes), Kenya (X tonnes) and the U.S. (X tonnes) - together made up X% of total exports.

From 2013 to 2018, average annual rates of growth with regard to avocado exports from Mexico stood at +X%. At the same time, Peru (+X%), the Netherlands (+X%), Kenya (+X%), Chile (+X%), South Africa (+X%), Spain (+X%) and the U.S. (+X%) displayed positive paces of growth. Moreover, Peru emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2013-2018. Mexico (+X p.p.), Peru (+X p.p.), the Netherlands (+X p.p.), Chile (+X p.p.), Spain (+X p.p.) and Kenya (+X p.p.) significantly strengthened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) remains the largest avocado supplier worldwide, comprising X% of global exports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of global exports. It was followed by Peru, with a X% share.

In Mexico, avocado exports expanded at an average annual rate of +X% over the period from 2013-2018. In the other countries, the average annual rates were as follows: the Netherlands (+X% per year) and Peru (+X% per year).

Export Prices by Country

In 2018, the average avocado export price amounted to $X per tonne, dropping by -X% against the previous year. Overall, the export price indicated resilient growth from 2013 to 2018: its price increased at an average annual rate of +X% over the last five-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 2015 indices. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. In that year, the average export prices for avocados reached their peak level of $X per tonne, and then declined slightly in the following year.

Prices varied noticeably by the country of origin; the country with the highest price was Mexico ($X per tonne), while Kenya ($X per tonne) was amongst the lowest.

From 2013 to 2018, the most notable rate of growth in terms of prices was attained by Mexico, while the other global leaders experienced more modest paces of growth.

Avocado Imports

Imports 2007-2018

In 2018, approx. X tonnes of avocados were imported worldwide; increasing by X% against the previous year. Over the period under review, the total imports indicated a buoyant increase from 2013 to 2018: its volume increased at an average annual rate of +X% over the last five-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, avocado imports increased by +X% against 2013 indices. The pace of growth was the most pronounced in 2014 with an increase of X% year-to-year. Over the period under review, global avocado imports reached their maximum in 2018 and are expected to retain its growth in the immediate term.

In value terms, avocado imports amounted to $X in 2018. Overall, avocado imports continue to indicate extraordinary growth. The pace of growth was the most pronounced in 2017 when imports increased by X% year-to-year. Over the period under review, global avocado imports attained their peak figure in 2018 and are expected to retain its growth in the near future.

Imports by Country

In 2018, the U.S. (X tonnes) was the main importer of avocados, committing X% of total imports. The Netherlands (X tonnes) took an X% share (based on tonnes) of total imports, which put it in second place, followed by France (X%), Canada (X%), the UK (X%) and Spain (X%). Germany (X tonnes), Japan (X tonnes) and China (X tonnes) followed a long way behind the leaders.

From 2013 to 2018, average annual rates of growth with regard to avocado imports into the U.S. stood at +X%. At the same time, Germany (+X%), the UK (+X%), Spain (+X%), China (+X%), Canada (+X%), the Netherlands (+X%), France (+X%) and Japan (+X%) displayed positive paces of growth. Moreover, Germany emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2013-2018. The U.S. (+X p.p.), the Netherlands (+X p.p.), Canada (+X p.p.), the UK (+X p.p.), Spain (+X p.p.), Germany (+X p.p.) and France (+X p.p.) significantly strengthened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported avocados worldwide, comprising X% of global imports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of global imports. It was followed by Canada, with a X% share.

In the U.S., avocado imports expanded at an average annual rate of +X% over the period from 2013-2018. In the other countries, the average annual rates were as follows: the Netherlands (+X% per year) and Canada (+X% per year).

Import Prices by Country

The average avocado import price stood at $X per tonne in 2018, going down by -X% against the previous year. Over the last five years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. In that year, the average import prices for avocados attained their peak level of $X per tonne, and then declined slightly in the following year.

Prices varied noticeably by the country of destination; the country with the highest price was Germany ($X per tonne), while the Netherlands ($X per tonne) was amongst the lowest.

From 2013 to 2018, the most notable rate of growth in terms of prices was attained by China, while the other global leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Product coverage:
• FCL 572 - Avocados

This report provides an in-depth analysis of the global avocado market. 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 2025.



Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in World, split by region and country
• Trade (exports and imports) in World
• 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
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2025
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. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
7.3
HARVESTED AREA AND YIELD BY COUNTRY
8. GLOBAL IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2018
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2018
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

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

United States
China
Japan
Germany
United Kingdom
France
Brazil
Italy
Russian Federation
India
Canada
Australia
Republic of Korea
Spain
Mexico
Indonesia
Netherlands
Turkey
Saudi Arabia
Switzerland
Sweden
Nigeria
Poland
Belgium
Argentina
Norway
Austria
Thailand
United Arab Emirates
Colombia
Denmark
South Africa
Malaysia
Israel
Singapore
Egypt
Philippines
Finland
Chile
Ireland
Pakistan
Greece
Portugal
Kazakhstan
Algeria
Czech Republic
Qatar
Peru
Romania
Vietnam
LIST OF TABLES
Table 1:
Key Findings In 2018
Table 2:
Market Volume, In Physical Terms, 2007–2018
Table 3:
Market Value, 2007–2018
Table 4:
Per Capita Consumption, By Country, 2015–2018
Table 5:
Production, In Physical Terms, By Country, 2007–2018
Table 6:
Harvested Area, By Country, 2007–2018
Table 7:
Yield, By Country, 2007–2018
Table 8:
Imports, In Physical Terms, By Country, 2007–2018
Table 9:
Imports, In Value Terms, By Country, 2007–2018
Table 10:
Import Prices, By Country Of Destination, 2007–2018
Table 11:
Exports, In Physical Terms, By Country, 2007–2018
Table 12:
Exports, In Value Terms, By Country, 2007–2018
Table 13:
Export Prices, By Country Of Origin, 2007–2018
Table 14:
Producer Prices, By Major Producing Country, 2018
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), By Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2018
Figure 2:
Market Value, 2007–2018
Figure 3:
Consumption, By Country, 2018
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Yield And Growth
Figure 11:
Exports And Growth
Figure 12:
Export Prices And Growth
Figure 13:
Market Size And Growth
Figure 14:
Per Capita Consumption
Figure 15:
Imports And Growth
Figure 16:
Import Prices
Figure 17:
Production, In Physical Terms, 2007–2018
Figure 18:
Production, In Value Terms, 2007–2018
Figure 19:
Area Harvested, 2007–2018
Figure 20:
Yield, 2007–2018
Figure 21:
Production, By Country, 2018
Figure 22:
Production, In Physical Terms, By Country, 2007–2018
Figure 23:
Harvested Area, By Country, 2018
Figure 24:
Harvested Area, By Country, 2007–2018
Figure 25:
Yield, By Country, 2007–2018
Figure 26:
Imports, In Physical Terms, 2007–2018
Figure 27:
Imports, In Value Terms, 2007–2018
Figure 28:
Imports, In Physical Terms, By Country, 2018
Figure 29:
Imports, In Physical Terms, By Country, 2007–2018
Figure 30:
Imports, In Value Terms, By Country, 2007–2018
Figure 31:
Import Prices, By Country, 2007–2018
Figure 32:
Exports, In Physical Terms, 2007–2018
Figure 33:
Exports, In Value Terms, 2007–2018
Figure 34:
Exports, In Physical Terms, By Country, 2018
Figure 35:
Exports, In Physical Terms, By Country, 2007–2018
Figure 36:
Exports, In Value Terms, By Country, 2007–2018
Figure 37:
Export Prices, 2007–2018
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