Reunion: Avocado Market 2020

Avocado Market Size in Reunion

The revenue of the avocado market in Reunion amounted to $X in 2018, coming down by -X% against the previous year. Overall, avocado consumption continues to indicate buoyant growth. The pace of growth appeared the most rapid in 2017 when the market value increased by X% y-o-y. In that year, the avocado market attained its peak level of $X, and then declined slightly in the following year.

Avocado Production in Reunion

In value terms, avocado production stood at $X in 2018 estimated in export prices. Over the period under review, avocado production continues to indicate a strong expansion. The pace of growth was the most pronounced in 2017 when production volume increased by X% year-to-year. In that year, avocado production reached its peak level of $X, and then declined slightly in the following year.

Average yield of avocados in Reunion totaled X ton per ha in 2018, leveling off at the previous year. In general, the avocado yield continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when yield increased by X% y-o-y. The global avocado yield peaked at X ton per ha in 2009; however, from 2010 to 2018, yield stood 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 2018, approx. X ha of avocados were harvested in Reunion; growing by X% against the previous year. The harvested area increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2012 when harvested area increased by X% year-to-year. Over the period under review, the harvested area dedicated to avocado production reached its maximum in 2018 and is likely to see steady growth in the immediate term.

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 approx. X% of total exports in 2018. Peru (X tons) took the second position in the ranking, followed by the Netherlands (X tons) and Chile (X tons). All these countries together occupied approx. X% share of total exports. Spain (X tons), South Africa (X tons), Kenya (X tons) and the U.S. (X tons) followed a long way behind the leaders.

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. 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.) significantly strengthened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2007 to 2018, the average annual rate of growth in terms of value in Mexico amounted to +X%. The remaining exporting countries recorded the following average annual rates of exports growth: the Netherlands (+X% per year) and Peru (+X% per year).

Export Prices by Country

In 2018, the avocado export price in Reunion amounted to $X per ton, standing approx. at the previous year. Overall, the avocado export price continues to indicate a relatively flat trend pattern.

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

The U.S. was the main importing country with an import of around X tons, which amounted to X% of total imports. It was distantly followed by the Netherlands (X tons), France (X tons), Canada (X tons), the UK (X tons) and Spain (X tons), together constituting a X% share of total imports. Germany (X tons), Japan (X tons) and China (X tons) followed a long way behind the leaders.

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. The U.S. (+X p.p.), the Netherlands (+X p.p.), Canada (+X p.p.), Spain (+X p.p.), the UK (+X p.p.), Germany (+X p.p.) and Japan (+X p.p.) significantly strengthened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported avocados into Reunion, comprising X% of global imports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of global imports. It was followed by Canada, with a X% share.

In the U.S., avocado imports increased at an average annual rate of +X% over the period from 2007-2018. 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

In 2018, the avocado import price in Reunion amounted to $X per ton, approximately mirroring the previous year. Over the period under review, the avocado import price continues to indicate a relatively flat trend pattern.

There were significant differences in the average prices amongst the major importing countries. In 2018, 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