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Australian avocado industry bets on local and international markets

Fresh Avocado

Fruits

Australia

Price

Supply

Published Nov 6, 2024

Tridge summary

Avocados Australia's latest report shows a 30% increase in avocado production, reaching 150,913 tonnes in 2023/24, with a gross value of production increasing by 13% to $649 million. Export value has grown by 63% to $96.1 million. Western Australia and Queensland contribute significantly to the production, with a goal to further increase exports. The industry is also working to boost domestic consumption, which has seen a 25% growth in three years.

Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to Avocados Australia’s latest Facts at a Glance 2023/24 Report, total Australian avocado production volume has increased by 30% to 150,913 tonnes, compared to 115,385 tonnes in 2022/23. Funded by levies from avocado growers through Hort Innovation, the report found that the gross value of production for Australian avocados increased by 13% to $649 million, compared to $574 million in 2022/23. Meanwhile, export value grew by 63% to $96.1 million. While the country is a small player in both production and export of the fruit globally, Avocados Australia is working to increase local and international demand, as well as open new markets for its avocado. The avocado industry facts and figures contained in the “Facts at a Glance 2023/24 Report” show trends up to June 2024. According to the report, in 2023/24 Western Australia produced a record volume of more than 65,000 tonnes of avocados, representing 44% of the total Australian volume produced that year. In second place was ...

Source: MXfruit