Portugal: Avocado Market 2025

Avocado Market Size in Portugal

In 2022, the Portuguese avocado market decreased by -9.5% to $X, falling for the second year in a row after five years of growth. In general, consumption, however, showed significant growth. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Avocado Production in Portugal

In value terms, avocado production expanded notably to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2019 when the production volume increased by 1,453% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

In 2022, the average yield of avocados in Portugal declined to X tons per ha, dropping by -2.5% against 2021. Over the period under review, the yield, however, showed perceptible growth. The most prominent rate of growth was recorded in 2021 with an increase of 5.6%. As a result, the yield attained the peak level of X tons per ha, and then fell modestly 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 2022, approx. X ha of avocados were harvested in Portugal; which is down by -4.5% on 2021. Over the period under review, the harvested area, however, showed a resilient increase. The most prominent rate of growth was recorded in 2020 with an increase of 18%. The avocado harvested area peaked at X ha in 2021, and then fell in the following year.

Avocado Exports

Exports from Portugal

In 2022, the amount of avocados exported from Portugal skyrocketed to X tons, growing by 36% compared with the previous year's figure. Over the period under review, exports continue to indicate a significant increase. The growth pace was the most rapid in 2015 with an increase of 170% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in years to come.

In value terms, avocado exports shrank to $X in 2022. Overall, exports continue to indicate significant growth. The growth pace was the most rapid in 2015 when exports increased by 126% against the previous year. The exports peaked at $X in 2021, and then shrank in the following year.

Exports by Country

Spain (X tons) was the main destination for avocado exports from Portugal, accounting for a 73% share of total exports. Moreover, avocado exports to Spain exceeded the volume sent to the second major destination, France (X tons), sevenfold. The Netherlands (X tons) ranked third in terms of total exports with a 9.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Spain totaled +30.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+23.1% per year) and the Netherlands (+64.9% per year).

In value terms, Spain ($X) remains the key foreign market for avocados exports from Portugal, comprising 70% of total exports. The second position in the ranking was held by France ($X), with an 11% share of total exports. It was followed by the Netherlands, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Spain stood at +35.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+25.8% per year) and the Netherlands (+70.0% per year).

Export Prices by Country

In 2022, the average avocado export price amounted to $X per ton, reducing by -28.3% against the previous year. Over the period under review, export price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 when the average export price increased by 35%. The export price peaked at $X per ton in 2021, and then dropped markedly in the following year.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Italy ($X per ton) and the UK ($X per ton), while the average price for exports to Spain ($X per ton) and France ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.

Avocado Imports

Imports into Portugal

In 2022, purchases abroad of avocados decreased by -3.8% to X tons, falling for the second year in a row after nine years of growth. In general, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2017 with an increase of 100%. Over the period under review, imports reached the peak figure at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, avocado imports reduced to $X in 2022. Overall, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2017 with an increase of 134%. Imports peaked at $X in 2021, and then shrank in the following year.

Imports by Country

In 2022, Spain (X tons) constituted the largest supplier of avocado to Portugal, accounting for a 63% share of total imports. Moreover, avocado imports from Spain exceeded the figures recorded by the second-largest supplier, South Africa (X tons), fourfold. Germany (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2022, the average annual growth rate of volume from Spain totaled +27.7%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (+36.7% per year) and Germany (+76.0% per year).

In value terms, Spain ($X) constituted the largest supplier of avocados to Portugal, comprising 60% of total imports. The second position in the ranking was taken by Germany ($X), with a 17% share of total imports. It was followed by South Africa, with a 16% share.

From 2012 to 2022, the average annual growth rate of value from Spain stood at +30.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+79.7% per year) and South Africa (+42.3% per year).

Import Prices by Country

The average avocado import price stood at $X per ton in 2022, with a decrease of -8.6% against the previous year. Over the last decade, it increased at an average annual rate of +2.9%. The growth pace was the most rapid in 2021 when the average import price increased by 23%. As a result, import price reached the peak level of $X per ton, and then shrank in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :