Central African Republic: Avocado Market 2020

Avocado Market Size in Central African Republic

The revenue of the avocado market in Central African Republic amounted to $X in 2018, coming down by -X% against the previous year. In general, avocado consumption continues to indicate a resilient increase. The growth pace was the most rapid in 2011 with an increase of X% against the previous year. Over the period under review, the avocado market attained its peak figure level at $X in 2017, and then declined slightly in the following year.

Avocado Production in Central African Republic

In value terms, avocado production stood at $X in 2018 estimated in export prices. Overall, avocado production continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2009 when production volume increased by X% against the previous year. Central African Republic avocado production peaked at $X in 2017, and then declined slightly in the following year.

Average yield of avocados in Central African Republic amounted to X ton per ha in 2018, surging by X% against the previous year. The yield figure increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern remained consistent, with only minor fluctuations over the period under review. The pace of growth was the most pronounced in 2011 with an increase of X% y-o-y. The global avocado yield peaked at X ton per ha in 2012; however, from 2013 to 2018, yield failed to regain its momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2018, the total area harvested in terms of avocados production in Central African Republic totaled X ha, growing by X% against the previous year. Over the period under review, the avocado harvested area continues to indicate buoyant growth. The growth pace was the most rapid in 2016 when harvested area increased by X% y-o-y. Over the period under review, the harvested area dedicated to avocado production attained its peak figure in 2018 and is expected to retain its growth in the near future.

Avocado Exports

Exports from Central African Republic

In 2018, the exports of avocados from Central African Republic amounted to X tons, waning by -X% against the previous year. In general, avocado exports, however, continue to indicate a skyrocketing expansion. The growth pace was the most rapid in 2012 with an increase of X% y-o-y. Central African Republic exports peaked at X tons in 2017, and then declined slightly in the following year.

In value terms, avocado exports totaled $X in 2018. In general, avocado exports, however, continue to indicate extraordinary growth. The growth pace was the most rapid in 2008 when exports increased by X% year-to-year. Central African Republic exports peaked at $X in 2017, and then declined slightly in the following year.

Exports by Country

In 2018, Mexico (X tons) was the key exporter of avocados, achieving X% of total exports. It was distantly followed by Peru (X tons), the Netherlands (X tons) and Chile (X tons), together committing a X% share of total exports. Spain (X tons), South Africa (X tons), Kenya (X tons) and the U.S. (X tons) took a minor share of total exports.

Exports from Mexico increased at an average annual rate of +X% from 2007 to 2018. At the same time, Peru (+X%), the U.S. (+X%), the Netherlands (+X%), Kenya (+X%), Spain (+X%), South Africa (+X%) and Chile (+X%) displayed positive paces of growth. Moreover, Peru emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. While the share of Mexico (+X p.p.), Peru (+X p.p.), the Netherlands (+X p.p.), Chile (+X p.p.), the U.S. (+X p.p.), Spain (+X p.p.), Kenya (+X p.p.) and South Africa (+X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2007 to 2018, the average annual growth rate of value in Mexico stood at +X%. 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

The avocado export price in Central African Republic stood at $X per ton in 2018, declining by -X% against the previous year. Over the period under review, the avocado export price, however, continues to indicate a prominent increase. The growth pace was the most rapid in 2009 an increase of X% y-o-y. Over the period under review, the export prices for avocados reached their maximum at $X per ton in 2015; however, from 2016 to 2018, export prices remained at a lower figure.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Chile, while the other leaders experienced more modest paces of growth.

Avocado Imports

Imports by Country

In 2018, the U.S. (X tons) represented the largest importer of avocados, creating X% of total imports. The Netherlands (X tons) ranks second in terms of the total imports with a X% share, followed by France (X%), Canada (X%), the UK (X%) and Spain (X%). The following importers - Germany (X tons), Japan (X tons) and China (X tons) - together made up X% of total imports.

Imports into the U.S. increased at an average annual rate of +X% from 2007 to 2018. At the same time, China (+X%), Canada (+X%), the Netherlands (+X%), Spain (+X%), Germany (+X%), Japan (+X%), the UK (+X%) and France (+X%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. From 2007 to 2018, the share of the U.S., the Netherlands, Canada, Spain, the UK, Germany and Japan increased by +X%, +X%, +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, the U.S. ($X) constitutes the largest market for imported avocados into Central African Republic, comprising X% of global imports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of global imports. It was followed by Canada, with a X% share.

From 2007 to 2018, the average annual growth rate 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 Canada (+X% per year).

Import Prices by Country

The avocado import price in Central African Republic stood at $X per ton in 2018, approximately equating the previous year. Over the period under review, the avocado import price continues to indicate a relatively flat trend pattern. Over the period under review, the import prices for avocados reached their maximum at $X per ton in 2015; however, from 2016 to 2018, import prices failed to regain their momentum.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the U.S., while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform