China - Avocados - Market Analysis, Forecast, Size, Trends and Insights
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View PricingAvocado Price in China - 2023
Contents:
- Avocado Price in China (CIF) - 2023
- Avocado Price in China (FOB) - 2022
- Avocado Imports in China
- Avocado Exports in China
Avocado Price in China (CIF) - 2023
The average avocado import price stood at $2,077 per ton in September 2023, picking up by 9.6% against the previous month. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 when the average import price increased by 12% month-to-month. The import price peaked at $2,781 per ton in March 2023; however, from April 2023 to September 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Chile ($3,452 per ton), while the price for Kenya ($1,611 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Chile (+0.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Avocado Price in China (FOB) - 2022
The average avocado export price stood at $6,178 per ton in 2022, jumping by 39% against the previous year. In general, the export price continues to indicate a noticeable expansion. The most prominent rate of growth was recorded in 2019 an increase of 208% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($7,802 per ton), while the average price for exports to Macao SAR ($1,275 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+36.1%), while the prices for the other major destinations experienced mixed trend patterns.
Avocado Imports in China
Avocado imports into China dropped modestly to 41K tons in 2022, remaining stable against 2021 figures. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +8.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 50% against the previous year. As a result, imports reached the peak of 41K tons, leveling off in the following year.
In value terms, avocado imports rose slightly to $112M in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +6.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.6% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 53% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the immediate term.
Import of Avocado in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Peru | 36.3 | 37.6 | 66.8 | 72.8 | 26.1% |
Chile | 30.4 | 21.7 | 20.3 | 27.7 | -3.1% |
Mexico | 25.0 | 11.1 | 17.9 | 7.5 | -33.1% |
Philippines | N/A | 0.7 | 0.4 | 1.8 | 60.4% |
Others | 0.8 | 0.5 | 4.4 | 2.3 | 42.2% |
Total | 92.6 | 71.6 | 110 | 112 | 6.5% |
Top Suppliers of Avocado to China in 2022:
- Peru (28.4K tons)
- Chile (9.1K tons)
- Mexico (2.3K tons)
- Philippines (0.6K tons)
Avocado Exports in China
In 2022, overseas shipments of avocados decreased by -82.1% to 2.5 tons, falling for the second year in a row after two years of growth. Over the period under review, exports faced a sharp contraction. The most prominent rate of growth was recorded in 2020 with an increase of 196% against the previous year. As a result, the exports reached the peak of 17 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, avocado exports reduced dramatically to $16K in 2022. In general, exports saw a deep contraction. The most prominent rate of growth was recorded in 2020 with an increase of 179% against the previous year. As a result, the exports attained the peak of $84K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
Export of Avocado in China (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 5.1 | 82.6 | 62.8 | 11.7 | 31.9% |
Malaysia | N/A | N/A | N/A | 3.9 | 0% |
Macao SAR | N/A | N/A | N/A | 0.1 | 0% |
Kazakhstan | 24.8 | 1.1 | N/A | N/A | -95.6% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 29.9 | 83.6 | 62.8 | 15.7 | -19.3% |
Top Export Markets for Avocado from China in 2022:
- Russia (1990.0 kg)
- Malaysia (500.0 kg)
- Macao SAR (51.0 kg)
This report provides an in-depth analysis of the avocado market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 572 - Avocados
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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The global avocado market revenue amounted to $13.5B in 2018, reducing by -9.3% against the previous year. This...
Global avocado consumption totaled X tons in 2017, increasing by X% against the previous year.
In 2016, the avocados market increased to X tons, expanding at +X% per year from 2007 to 2016. Over the last six years, market displayed a consistent growth; it accelerated sharply from 2011-2016 after a period of relatively flat trend pattern
Global avocado consumption amounted to X thousand tons in 2015, increasing by +X% against the previous year level.
Global avocado exports amounted to X thousand tons in 2015, rising by +X% against the previous year level.
Global avocado imports amounted to X thousand tons in 2015, growing by +X% against the previous year level.
In 2015, the country with the largest volume of the avocado output was Mexico (X thousand tons), accounting for X% of global production.