World - Avocados - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Nov 1, 2024

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

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Avocado market

Avocado market: discover the latest info powered by an Ai-driven BI platform. Data contain exports, companies, consumption, production, imports, market size, trade, and market prices. There is a breakdown by country, including China, the U.S., EU, the Middle East, Russia, the U.K., Africa, and Latin America. Market dynamics and outlook to 2030 are also provided in the dashboards.

Avocado - World's Largest Markets

RatingCountry
1United States
2Mexico
3Dominican Republic
4Colombia
5Brazil

In value terms, the largest avocado markets worldwide were the United States, Mexico and the Dominican Republic, together accounting for 42% of the global market. Colombia, Brazil, China, Peru, France, Indonesia, Spain, Haiti, Kenya and Guatemala lagged somewhat behind, together accounting for a further 28%.

Among the main consuming countries, Spain saw the highest growth rate of market size, over the period under review, while avocado market for the other global leaders experienced more modest paces of growth.

Avocado Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201920202021CAGR,
2019-2021
USD per ton
Kenya161614701450-5.3%
South Africa1474163116094.5%
Dominican Republic195118971871-2.1%
Colombia1998221321834.5%
Mexico252627232361-3.3%
Peru2418246024270.2%
Chile2281258825535.8%
United States259924572555-0.9%
Netherlands328031553101-2.8%
Spain3228322233151.3%
Average258026932490-1.8%

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Spain ($3,315 per ton), while Kenya ($1,450 per ton) was amongst the lowest.

From 2019 to 2021, 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.

Highest Prices - CIF - Top Importers

COUNTRY201920202021CAGR,
2019-2021
USD per ton
Germany358931513260-4.7%
France315230392971-2.9%
Japan2611281628935.3%
United Kingdom2554239627353.5%
Netherlands21772923268511.1%
United States259122752499-1.8%
Russia256425712455-2.1%
Canada250425022280-4.6%
Spain2147224122793.0%
Chile1625133617654.2%
Average261325652608-0.1%

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Germany ($3,260 per ton), while Chile ($1,765 per ton) was amongst the lowest.

From 2019 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands, while the other global leaders experienced more modest paces of growth.

Avocado - Top Importers

COUNTRY201920202021CAGR,
2019-2021
billion USD
United States2.92.532.9%
Netherlands0.71.21.235.3%
France0.50.50.51.7%
Spain0.30.40.526.1%
Germany0.30.40.46.3%

In value terms, the United States ($3B) constitutes the largest market for imported avocados worldwide, comprising 37% of global imports. The second position in the ranking was occupied by the Netherlands ($1.2B), with a 15% share of global imports. It was followed by France, with a 6.5% share.

In the United States, avocado imports increased at an average annual rate of +2.9% over the period from 2019-2021. In the other countries, the average annual rates were as follows: the Netherlands (+35.3% per year) and France (+1.7% per year).

Avocado - Top Exporters

COUNTRY201920202021CAGR,
2019-2021
billion USD
Mexico2.92.72.90.4%
Netherlands0.91.21.320.9%
Peru0.81.10.911.7%
Spain0.40.50.59.9%
Chile0.30.30.3-7.4%

In value terms, Mexico ($2.9B) remains the largest avocado supplier worldwide, comprising 40% of global exports. The second position in the ranking was occupied by the Netherlands ($1.3B), with a 18% share of global exports. It was followed by Peru, with a 13% share.

In Mexico, avocado exports remained relatively stable over the period from 2019-2021. The remaining exporting countries recorded the following average annual rates of exports growth: the Netherlands (+20.9% per year) and Peru (+11.7% per year).

Avocado - Market Forecast

Driven by increasing demand for avocado worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to accelerate, expanding with an anticipated CAGR of for the period from 2021 to 2030, which is projected to bring the market volume to by the end of 2030.

Avocado - Top Companies

Chiquita Brands International, Inc., Dole Food Company, Inc., ENZAFRUIT NEW ZEALAND INTERNATIONAL LIMITED, DOLE PHILIPPINES, INC., Dhm Holding Company, Inc, Sanya Haitangwan Jinong Planting & Breeding Farmer Specialty Cooperative, Coffee Plantations Development Enterprise, PREMIER FARMS PTY LTD, Henry Avocado Corporation, Gartnerhallen Sa, DAK LAK SEPTEMBER 2ND IMPORT - EXPORT LIMITED COMPANY, Xinjiang Guannong Fruit and Antler Group Co., Ltd., Chiquita Brands L.L.C., NEW ZEALAND APPLE LIMITED, Copefrut, S.A., Agrícola Famosa Ltda, TAGUM AGRICULTURAL DEVELOPMENT COMPANY, INC., DEK Deutsche Extrakt Kaffee GmbH, MONTAGUE BROS. PTY. LTD., SEEKA LIMITED

Avocado - Product Coverage

  • HS 080440 - Fruit, edible; avocados, fresh or dried

Source: IndexBox Market Intelligence Platform

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 2030.

Product coverage:

  • FCL 572 - Avocados

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
    3. HARVESTED AREA AND YIELD BY COUNTRY
  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • 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
  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Harvested Area, By Country, 2012-2023
    7. Yield, By Country, 2012-2023
    8. Imports, In Physical Terms, By Country, 2012–2023
    9. Imports, In Value Terms, By Country, 2012–2023
    10. Import Prices, By Country Of Destination, 2012–2023
    11. Exports, In Physical Terms, By Country, 2012–2023
    12. Exports, In Value Terms, By Country, 2012–2023
    13. Export Prices, By Country Of Origin, 2012–2023
  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Yield And Growth
    12. Exports And Growth
    13. Export Prices And Growth
    14. Market Size And Growth
    15. Per Capita Consumption
    16. Imports And Growth
    17. Import Prices
    18. Production, In Physical Terms, 2012–2023
    19. Production, In Value Terms, 2012–2023
    20. Area Harvested, 2012–2023
    21. Yield, 2012–2023
    22. Production, By Country, 2023
    23. Production, In Physical Terms, By Country, 2012–2023
    24. Harvested Area, By Country, 2023
    25. Harvested Area, By Country, 2012-2023
    26. Yield, By Country, 2012-2023
    27. Imports, In Physical Terms, 2012–2023
    28. Imports, In Value Terms, 2012–2023
    29. Imports, In Physical Terms, By Country, 2023
    30. Imports, In Physical Terms, By Country, 2012–2023
    31. Imports, In Value Terms, By Country, 2012–2023
    32. Import Prices, By Country, 2012–2023
    33. Exports, In Physical Terms, 2012–2023
    34. Exports, In Value Terms, 2012–2023
    35. Exports, In Physical Terms, By Country, 2023
    36. Exports, In Physical Terms, By Country, 2012–2023
    37. Exports, In Value Terms, By Country, 2012–2023
    38. Export Prices, 2012–2023
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