Asia: Avocado Market 2025

Avocado Market Size in Asia

In 2022, the Asian avocado market decreased by -7.4% to $X for the first time since 2011, thus ending a ten-year rising trend. Overall, consumption, however, showed a remarkable increase. Over the period under review, the market attained the peak level at $X in 2021, and then fell in the following year.

Avocado Production in Asia

In value terms, avocado production amounted to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a remarkable increase. The pace of growth was the most pronounced in 2018 when the production volume increased by 40%. Over the period under review, production reached the peak level at $X in 2020; afterwards, it flattened through to 2022.

Indonesia (X tons) remains the largest avocado producing country in Asia, comprising approx. 54% of total volume. Moreover, avocado production in Indonesia exceeded the figures recorded by the second-largest producer, Vietnam (X tons), threefold. Israel (X tons) ranked third in terms of total production with a 13% share.

In Indonesia, avocado production expanded at an average annual rate of +8.1% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Vietnam (+136.6% per year) and Israel (+7.2% per year).

The average avocado yield totaled X tons per ha in 2022, almost unchanged from 2021. The yield figure increased at an average annual rate of +1.2% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2019 when the yield increased by 15% against the previous year. Over the period under review, the avocado yield reached the maximum level in 2022 and is expected to retain growth in years to come. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The avocado harvested area dropped to X ha in 2022, declining by -5.6% on 2021 figures. Overall, the harvested area, however, enjoyed strong growth. The most prominent rate of growth was recorded in 2018 when the harvested area increased by 32%. The level of harvested area peaked at X ha in 2021, and then reduced in the following year.

Avocado Exports

Exports in Asia

In 2022, shipments abroad of avocados increased by 14% to X tons, rising for the second year in a row after two years of decline. Total exports indicated perceptible growth from 2012 to 2022: its volume increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +43.4% against 2020 indices. The growth pace was the most rapid in 2013 with an increase of 42% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, avocado exports soared to $X in 2022. Total exports indicated tangible growth from 2012 to 2022: its value increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +48.3% against 2020 indices. The most prominent rate of growth was recorded in 2017 when exports increased by 54% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the near future.

Exports by Country

Israel represented the largest exporting country with an export of around X tons, which reached 55% of total exports. Hong Kong SAR (X tons) took the second position in the ranking, distantly followed by Lebanon (X tons) and Turkey (X tons). All these countries together took approx. 35% share of total exports. The following exporters - the United Arab Emirates (X tons) and the Philippines (X tons) - each resulted at a 3.6% share of total exports.

Exports from Israel decreased at an average annual rate of -2.7% from 2012 to 2022. At the same time, Turkey (+94.5%), the Philippines (+52.3%), Hong Kong SAR (+23.5%), Lebanon (+21.6%) and the United Arab Emirates (+18.4%) displayed positive paces of growth. Moreover, Turkey emerged as the fastest-growing exporter exported in Asia, with a CAGR of +94.5% from 2012-2022. From 2012 to 2022, the share of Hong Kong SAR, Lebanon, Turkey and the Philippines increased by +15, +8.7, +6.6 and +1.8 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Israel ($X) remains the largest avocado supplier in Asia, comprising 68% of total exports. The second position in the ranking was held by Hong Kong SAR ($X), with a 17% share of total exports. It was followed by Turkey, with a 4.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Israel totaled +1.5%. The remaining exporting countries recorded the following average annual rates of exports growth: Hong Kong SAR (+23.2% per year) and Turkey (+110.5% per year).

Export Prices by Country

In 2022, the export price in Asia amounted to $X per ton, picking up by 11% against the previous year. Over the last decade, it increased at an average annual rate of +2.3%. The most prominent rate of growth was recorded in 2017 an increase of 32%. Over the period under review, the export prices attained the maximum at $X per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the Philippines ($X per ton), while Lebanon ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+8.2%), while the other leaders experienced more modest paces of growth.

Avocado Imports

Imports in Asia

In 2022, approx. X tons of avocados were imported in Asia; reducing by -21.4% on 2021 figures. Over the period under review, imports, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2015 when imports increased by 43% against the previous year. Over the period under review, imports hit record highs at X tons in 2021, and then fell significantly in the following year.

In value terms, avocado imports declined rapidly to $X in 2022. In general, imports, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2016 with an increase of 46%. Over the period under review, imports attained the maximum at $X in 2021, and then reduced dramatically in the following year.

Imports by Country

Japan (X tons) and China (X tons) were the major importers of avocados in 2022, reaching approx. 26% and 22% of total imports, respectively. Hong Kong SAR (X tons) ranks next in terms of the total imports with a 12% share, followed by the United Arab Emirates (11%) and South Korea (7%). The following importers - Turkey (X tons), Singapore (X tons), Palestine (X tons), Malaysia (X tons) and Qatar (X tons) - together made up 13% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by China (with a CAGR of +75.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest avocado importing markets in Asia were Japan ($X), China ($X) and Hong Kong SAR ($X), with a combined 62% share of total imports.

China, with a CAGR of +77.8%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Asia amounted to $X per ton, increasing by 5.1% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the import price increased by 15% against the previous year. As a result, import price attained the peak level of $X per ton. From 2018 to 2022, the import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Singapore ($X per ton), while Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Qatar (+8.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :