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The global avocado market is braced for expansion, with a recent Rabobank report forecasting significant growth in both production and trade. Global avocado exports are expected to surpass the 3m tonne milestone by 2025, with Latin America remaining the top exporter and the US the primary importer. Mexico, Peru, and Colombia are emerging as major exporters, while Brazil, Ecuador, and other countries are increasing their exports.
Europe is also witnessing steady growth, with Spain being a significant producer. Africa is experiencing steady growth, with Kenya and Morocco leading the way. The industry faces challenges such as price pressures due to global production volumes and quality and size being crucial in the American and European markets.
Citations:
[1] https://www.fresh-market.info/fruitsandvegetables/fruits/avocados/global-avocado-market-braced-for-expansion-1475540295
[2] https://www.fruitnet.com/eurofruit/global-avocado-market-braced-for-expansion/260676.article
[3] https://www.transparencymarketresearch.com/avocado-market.html
[4] https://www.emergingreal.com/post/africa-takes-aim-at-avocado-market-expected-to-reach-26-billion-by-2030
[5] https://straitsresearch.com/report/fresh-avocado-market
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