Global Avocado Market Size: USD 249.3M (2020)
+162.3% YoY Growth in 2020
+105.7% CAGR during 2013-2020
Avocado Export Market Size (2020)
Mexico: USD 6.9B
Netherlands: USD 1.1B
Peru: USD 1.0B
Spain: USD 440M
Chile: USD 346M
Colombia: USD 249M
Avocado Import Market Size (2020)
Netherlands: USD 141M
Germany: USD 28M
Spain: USD 24M
UK: USD 23M
Norway: USD 8M
US: USD 7M
Source: Trade Map
Netherlands (+162.3% YoY): Colombian Avocados are growing in demand all over the world and the trend is very clear. A remarkable increase in imports has been spotted in the Netherlands, which has already been a top importer of Colombia avocados, with imports surging by +162% in 2020.
US (+94% YoY): Hass avocados were granted admission in 2017, and US import protocols were extremely strict before 2020. However, in 2020, USDA approved the application for the Colombian Avocado Board (CAB) to operate under the Hass Avocado Promotion, Research and Information Order (HAPRIO). With this, CAB would receive 85% of the levies charged on Colombian Avocados for promotions and other purposes. Colombia has been placing large efforts into promotions to target the US market. With this, export volumes to the US have started to rise aggressively.
Germany (9,385% YoY): In 2020, the overall demand for avocados in Germany rose by 7%. During the same period, Germany's import of Colombian Avocados surged by 145% YoY. More European buyers have been showing a greater preference for Colombian Avocados given its year-round seasonality.
The top destinations for Colombian Avocados are the Netherlands, Germany, Spain, the United Kingdom, the United States, and Switzerland. With Colombia being the #1 avocado supplier to Europe, Colombian avocado exporters are also searching for new markets to penetrate in Asia, the Middle East, and North America.
Some notable growing importers of Colombian Avocados include the USA, Estonia, and Luxembourg.
There is a rising demand for Colombian Avocados in Europe, which has been the fastest-growing importer in the last 5 years (2016-2020) (ex. Spain +2509.49% / Germany +1801.07%)
The Colombian advantage for exporting to European Ports is that it takes only 18 days to ship. Despite short shipping times, avocados tend to sell at higher prices because Colombian exporters have become accustomed to exporting directly to European supermarkets.
Source: Tridge Trade Data
Source: CORPOHASS