Puerto Rico: Avocado Market 2025

Avocado Market Size in Puerto Rico

The Puerto Rican avocado market amounted to $X in 2021, rising by 1.9% against the previous year. Over the period under review, consumption, however, continues to indicate a perceptible reduction. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Avocado Production in Puerto Rico

In value terms, avocado production totaled $X in 2021 estimated in export price. Overall, production, however, saw a perceptible decline. The growth pace was the most rapid in 2016 when the production volume increased by 66%. Puerto Rico production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

In 2021, the average avocado yield in Puerto Rico contracted modestly to X tons per ha, standing approx. at 2020 figures. In general, the yield recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the yield increased by 4.2% against the previous year. As a result, the yield reached the peak level of X tons per ha. From 2015 to 2021, the growth of the avocado yield remained at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, the harvested area of avocados in Puerto Rico reached X ha, remaining relatively unchanged against the previous year. Over the period under review, the harvested area, however, continues to indicate a abrupt setback. The growth pace was the most rapid in 2016 when the harvested area increased by 40% against the previous year. The global harvested area peaked at X ha in 2012; however, from 2013 to 2021, the harvested area failed to regain momentum.

Avocado Exports

Exports by Country

Mexico represented the major exporter of avocados in the world, with the volume of exports finishing at X tons, which was near 39% of total exports in 2021. Peru (X tons) took a 19% share (based on physical terms) of total exports, which put it in second place, followed by the Netherlands (13%). Spain (X tons), Chile (X tons), Colombia (X tons), Kenya (X tons), the United States (X tons), the Dominican Republic (X tons), South Africa (X tons), New Zealand (X tons) and Israel (X tons) took a little share of total exports.

From 2012 to 2021, average annual rates of growth with regard to avocado exports from Mexico stood at +10.6%. At the same time, Colombia (+78.7%), Peru (+22.0%), the Netherlands (+20.3%), New Zealand (+16.6%), Kenya (+15.8%), the Dominican Republic (+14.2%), Spain (+9.9%) and the United States (+8.5%) displayed positive paces of growth. Moreover, Colombia emerged as the fastest-growing exporter exported in the world, with a CAGR of +78.7% from 2012-2021. Chile and South Africa experienced a relatively flat trend pattern. By contrast, Israel (-8.5%) illustrated a downward trend over the same period. While the share of Peru (+9.5 p.p.), the Netherlands (+5.7 p.p.) and Colombia (+3 p.p.) increased significantly in terms of the global exports from 2012-2021, the share of South Africa (-3.3 p.p.), Israel (-3.4 p.p.), Chile (-5.5 p.p.) and Mexico (-7.6 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) remains the largest avocado supplier from Puerto Rico, comprising 37% of global exports. The second position in the ranking was held by Peru ($X), with an 18% share of global exports. It was followed by the Netherlands, with a 16% share.

In Mexico, avocado exports increased at an average annual rate of +14.5% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Peru (+24.3% per year) and the Netherlands (+23.6% per year).

Avocado Imports

Imports by Country

In 2021, the United States (X tons) was the key importer of avocados, comprising 38% of total imports. The Netherlands (X tons) took a 14% share (based on physical terms) of total imports, which put it in second place, followed by Spain (6.7%) and France (5.7%). The following importers - Germany (X tons), the UK (X tons), Canada (X tons), Japan (X tons), Chile (X tons) and Russia (X tons) - together made up 17% of total imports.

From 2012 to 2021, average annual rates of growth with regard to avocado imports into the United States stood at +10.3%. At the same time, Chile (+67.4%), Spain (+22.6%), Russia (+19.2%), the Netherlands (+19.0%), Germany (+17.3%), the UK (+13.1%), Canada (+9.4%), France (+7.6%) and Japan (+3.0%) displayed positive paces of growth. Moreover, Chile emerged as the fastest-growing importer imported in the world, with a CAGR of +67.4% from 2012-2021. From 2012 to 2021, the share of the Netherlands, Spain and Chile increased by +5.6, +3.6 and +2.2 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported avocados into Puerto Rico, comprising 36% of global imports. The second position in the ranking was held by the Netherlands ($X), with a 15% share of global imports. It was followed by France, with a 6.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value in the United States amounted to +14.3%. The remaining importing countries recorded the following average annual rates of imports growth: the Netherlands (+23.2% per year) and France (+11.6% per year).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :