World avocado trade will continue on a positive path

Published 2023년 5월 15일

Tridge summary

The World Avocado Trade Map report by Rabobank reveals a significant growth in the global avocado industry over the past decade, with a near 7% increase in production. Mexico remains the largest producer, accounting for 30% of the global share, and the top exporter, exceeding 1 million metric tons in 2022. Other countries like Colombia, Peru, and Kenya also saw substantial growth in production. The US, despite being in the top 10 producing countries in 2012, is no longer among the leading pack. The report highlights the industry's expansion, with the US as the largest import market, and estimates the global commercial market for fresh avocados in 2022 to be around US$18 billion. The report also points out potential for growth in various markets due to the vastly different per capita consumption rates around the world.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to the World Avocado Trade Map published by Rabobank, in Mexico, which currently represents 30% of the world's avocado production, production has grown by close to 6% over the last decade. World avocado production and trade have expanded at a rapid pace over the last decade and the growth path will continue to be positive. This is how the recent report published by Rabobank reveals: World Avocado Trade Map, a map that reflects the production, consumption and world trade of avocado. According to the bank, in the coming years, the avocado trade will continue to grow, "but the market will be more competitive, which will force operators to be not only more efficient but also increasingly sustainable." The report highlights that world avocado production increased by around 7% over the past decade. "The attractive prices and yields during that period were relevant factors for the expansion of production in key regions." In line with this, it is highlighted that, in Mexico, ...
Source: Redagricola

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