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World - Avocados - Market Analysis, Forecast, Size, Trends and Insights
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Global Avocado Market Overview 2020

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Avocado Market Size

The global avocado market amounted to $X in 2019, approximately reflecting the previous year. In general, consumption, however, showed strong growth. The most prominent rate of growth was recorded in 2011 when the market value increased by X% y-o-y. Global consumption peaked at $X in 2017; however, from 2018 to 2019, consumption failed to regain the momentum.

Avocado Production

In value terms, avocado production reduced slightly to $X in 2019 estimated in export prices. Overall, production, however, posted a prominent expansion. The pace of growth appeared the most rapid in 2017 when the production volume increased by X% year-to-year. Over the period under review, global production hit record highs at $X in 2018, and then fell modestly in the following year.

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

From 2007 to 2019, the average annual rate of growth in terms 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).

The global average avocado yield dropped slightly to X tonnes per ha in 2019, which is down by -X% on the year before. The yield figure increased at an average annual rate of +X% from 2007 to 2019; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2009 with an increase of X% year-to-year. Over the period under review, the average avocado yield reached the peak level at X tonnes per ha in 2018, and then contracted slightly in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2019, the global harvested area of avocados was estimated at X ha, leveling off at 2018. Over the period under review, the total harvested area indicated a pronounced increase from 2007 to 2019: its figure increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, avocado harvested area increased by +X% against 2007 indices. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. The global harvested area peaked in 2019 and is expected to retain 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 volume. Moreover, avocado production in Mexico exceeded the figures recorded by the second-largest producer, the Dominican Republic (X tonnes), threefold. Peru (X tonnes) ranked third in terms of total production with a X% share.

In Mexico, avocado production expanded at an average annual rate of +X% over the period from 2007-2019. 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

In 2019, after ten years of growth, there was significant decline in shipments abroad of avocados, when their volume decreased by -X% to X tonnes. Over the period under review, exports, however, posted a resilient increase. The most prominent rate of growth was recorded in 2012 when exports increased by X% y-o-y. Over the period under review, global exports attained the peak figure at X tonnes in 2018, and then dropped in the following year.

In value terms, avocado exports declined modestly to $X in 2019. In general, exports, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2016 when exports increased by X% y-o-y. Global exports peaked at $X in 2018, and then declined modestly in the following year.

Exports by Country

In 2019, Mexico (X tonnes) was the main exporter of avocados, committing X% of total exports. It was distantly followed by Peru (X tonnes), Chile (X tonnes), Spain (X tonnes) and the Netherlands (X tonnes), together generating a X% share of total exports. The following exporters - South Africa (X tonnes) and the U.S. (X tonnes) - each amounted to a X% share of total exports.

From 2007 to 2019, average annual rates of growth with regard to avocado exports from Mexico stood at +X%. At the same time, the U.S. (+X%), Peru (+X%), the Netherlands (+X%), Spain (+X%) and South Africa (+X%) displayed positive paces of growth. Moreover, the U.S. emerged as the fastest-growing exporter exported in the world, with a CAGR of +X% from 2007-2019. Chile experienced a relatively flat trend pattern. From 2007 to 2019, the share of Mexico, Peru, the Netherlands, Spain and the U.S. increased by +X%, +X%, +X%, +X% and +X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2007 to 2019, the average annual growth rate of value in Mexico totaled +X%. In the other countries, the average annual rates were as follows: Peru (+X% per year) and Chile (+X% per year).

Export Prices by Country

In 2019, the average avocado export price amounted to $X per tonne, surging by X% against the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2011 when the average export price increased by X% against the previous year. Global export price peaked at $X per tonne in 2017; however, from 2018 to 2019, export prices stood at a somewhat lower figure.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Chile, while the other global leaders experienced more modest paces of growth.

Avocado Imports

Imports

In 2019, overseas purchases of avocados decreased by -X% to X tonnes for the first time since 2008, thus ending a ten-year rising trend. In general, imports, however, saw a resilient expansion. The growth pace was the most rapid in 2014 with an increase of X% year-to-year. Global imports peaked at X tonnes in 2018, and then fell in the following year.

In value terms, avocado imports contracted to $X in 2019. Over the period under review, imports, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Global imports peaked at $X in 2018, and then declined in the following year.

Imports by Country

In 2019, the U.S. (X tonnes) represented the largest importer of avocados, making up X% of total imports. It was distantly followed by the Netherlands (X tonnes), France (X tonnes), the UK (X tonnes) and Spain (X tonnes), together generating a X% share of total imports. Canada (X tonnes), Germany (X tonnes), Japan (X tonnes) and China (X tonnes) took a little share of total imports.

From 2007 to 2019, average annual rates of growth with regard to avocado imports into the U.S. stood at +X%. At the same time, China (+X%), the Netherlands (+X%), Spain (+X%), Canada (+X%), Germany (+X%), Japan (+X%), the UK (+X%) and France (+X%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing importer imported in the world, with a CAGR of +X% from 2007-2019. The U.S. (+X p.p.), the Netherlands (+X p.p.), Spain (+X p.p.), Canada (+X p.p.), the UK (+X p.p.), Germany (+X p.p.), Japan (+X p.p.), China (+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 France, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value in the U.S. stood at +X%. The remaining importing countries recorded the following average annual rates of imports growth: the Netherlands (+X% per year) and France (+X% per year).

Import Prices by Country

In 2019, the average avocado import price amounted to $X per tonne, increasing by X% against the previous year. Over the last twelve-year period, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2011 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the maximum at $X per tonne in 2017; however, from 2018 to 2019, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major importing countries. In 2019, the country with the highest price was Germany ($X per tonne), while Spain ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Germany, while the other global leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for avocados in the world?
+
The countries with the highest volumes of avocado consumption in 2019 were Mexico (1.1M tonnes), the U.S. (1M tonnes) and the Dominican Republic (640K tonnes), with a combined 41% share of global consumption.
What are the largest producers of avocados in the world?
+
Mexico (2.1M tonnes) remains the largest avocado producing country worldwide, accounting for 33% of total volume. Moreover, avocado production in Mexico exceeded the figures recorded by the second-largest producer, the Dominican Republic (659K tonnes), threefold. Peru (499K tonnes) ranked third in terms of total production with a 7.7% share.
What are the leading suppliers of avocados in the world?
+
In value terms, Mexico ($2.7B) remains the largest avocado supplier worldwide, comprising 51% of global exports. The second position in the ranking was occupied by Peru ($595M), with a 11% share of global exports. It was followed by Chile, with a 7.3% share.
What are the leading importers of avocados in the world?
+
In value terms, the U.S. ($2.4B) constitutes the largest market for imported avocados worldwide, comprising 43% of global imports. The second position in the ranking was occupied by the Netherlands ($550M), with a 9.6% share of global imports. It was followed by France, with a 6.7% share.
What is the average export price for avocados in the world?
+
In 2019, the average avocado export price amounted to $2,551 per tonne, with an increase of 1.8% against the previous year.
What is the average import price for avocados in the world?
+
The average avocado import price stood at $2,602 per tonne in 2019, rising by 4% against the previous year.

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 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. 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 2007–2019
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 2007–2019
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

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 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption, By Country, 2015–2019
Table 5:
Production, In Physical Terms, By Country, 2007–2019
Table 6:
Harvested Area, By Country, 2007–2019
Table 7:
Yield, By Country, 2007–2019
Table 8:
Imports, In Physical Terms, By Country, 2007–2019
Table 9:
Imports, In Value Terms, By Country, 2007–2019
Table 10:
Import Prices, By Country Of Destination, 2007–2019
Table 11:
Exports, In Physical Terms, By Country, 2007–2019
Table 12:
Exports, In Value Terms, By Country, 2007–2019
Table 13:
Export Prices, By Country Of Origin, 2007–2019
Table 14:
Producer Prices, By Major Producing Country, 2019
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), By Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Consumption, By Country, 2019
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, 2007–2019
Figure 18:
Production, In Value Terms, 2007–2019
Figure 19:
Area Harvested, 2007–2019
Figure 20:
Yield, 2007–2019
Figure 21:
Production, By Country, 2019
Figure 22:
Production, In Physical Terms, By Country, 2007–2019
Figure 23:
Harvested Area, By Country, 2019
Figure 24:
Harvested Area, By Country, 2007–2019
Figure 25:
Yield, By Country, 2007–2019
Figure 26:
Imports, In Physical Terms, 2007–2019
Figure 27:
Imports, In Value Terms, 2007–2019
Figure 28:
Imports, In Physical Terms, By Country, 2019
Figure 29:
Imports, In Physical Terms, By Country, 2007–2019
Figure 30:
Imports, In Value Terms, By Country, 2007–2019
Figure 31:
Import Prices, By Country, 2007–2019
Figure 32:
Exports, In Physical Terms, 2007–2019
Figure 33:
Exports, In Value Terms, 2007–2019
Figure 34:
Exports, In Physical Terms, By Country, 2019
Figure 35:
Exports, In Physical Terms, By Country, 2007–2019
Figure 36:
Exports, In Value Terms, By Country, 2007–2019
Figure 37:
Export Prices, 2007–2019

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