U.S. - Avocados - Market Analysis, Forecast, Size, Trends and Insights
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View PricingAvocado Prices in the United States
U.S. Avocado Import Price per Ton in August 2022
In August 2022, the avocado price per ton stood at $2.5K (CIF, US), dropping by -19.2% against the previous month. Overall, the import price recorded a noticeable contraction. The most prominent rate of growth was recorded in April 2022 when the average import price increased by 23% m-o-m. As a result, import price reached the peak level of $4.3K per ton. From May 2022 to August 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Mexico ($2.6K per ton), while the price for the Dominican Republic ($1.4K per ton) was amongst the lowest.
From January 2022 to August 2022, the most notable rate of growth in terms of prices was attained by the Dominican Republic (+0.8%), while the prices for the other major suppliers experienced a decline.
U.S. Avocado Imports
In August 2022, supplies from abroad of avocados increased by 17% to 112K tons, rising for the second consecutive month after three months of decline. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2022 when imports increased by 37% month-to-month. Imports peaked in August 2022.
In value terms, avocado imports dropped to $277M (IndexBox estimates) in August 2022. Over the period under review, imports, however, saw a pronounced descent. The most prominent rate of growth was recorded in March 2022 with an increase of 49% month-to-month.
U.S. Avocado Imports by Country
Mexico (72K tons), Peru (37K tons) and the Dominican Republic (1.7K tons) were the main suppliers of avocado imports to the United States, with a combined 99% share of total imports.
From January 2022 to August 2022, the biggest increases were in Peru (with a CAGR of +170.8%), while purchases for the other leaders experienced a decline.
In value terms, Mexico ($191M) constituted the largest supplier of avocado to the United States, comprising 69% of total imports. The second position in the ranking was taken by Peru ($81M), with a 29% share of total imports.
From January 2022 to August 2022, the average monthly rate of growth in terms of value from Mexico amounted to -8.5%. The remaining supplying countries recorded the following average monthly rates of imports growth: Peru (+146.1% per month) and the Dominican Republic (-12.1% per month).
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.
Product coverage:
- FCL 572 - Avocados
Country coverage:
- United States
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Read about the U.S. avocado import price and imports from January 2022 to January 2023. Mexico was the main supplier of avocados to the United States with a 96% share of total imports. The average import price increased by 1.7% against the previous month, but recorded a perceptible slump overall. The pace of growth appeared the most rapid in April 2022 when the average import price increased by 23% m-o-m. In general, imports showed a relatively flat trend pattern, with the most prominent rate of growth recorded in March 2022. Overall, imports, however, saw a perceptible reduction.
471
The average import avocado price per ton stood at $4,331 in Apr 2022, rising by 23% against the previous month.
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The price of avocado in the US has risen by as much as 23% just within a month, however experts are still expecting an increase from now on.
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For the fourth consecutive year, the U.S. recorded growth in supplies from abroad of avocados, which increased by 31% to 1.4M tons in 2020. Over the past decade, U.S. avocado imports soared fourfold in physical terms.
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The U.S. avocado imports reached a record 1.1B tons in 2020, increasing slightly against the previous year. Despite the growth still persists, it had slowed down sharply against the robust figures recorded the last three years in a row. Mexico's dominant position in U.S. avocado imports remains unabated. Shipments from Peru and the Dominican Republic grow robustly but still comprise a combined share of only 10% of imports.
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