Avocado Market Overview in China
In value terms, avocado production rose markedly to $ in estimated in export prices. Overall, production recorded a strong increase. The pace of growth was the most pronounced in 2009 with an increase of % against the previous year. Over the period under review, production reached the peak level in and is likely to see gradual growth in the immediate term.
In , the average yield of avocados in China declined modestly to tonnes per ha, shrinking by -% compared with 2019. Overall, the yield continues to indicate a slight contraction. The most prominent rate of growth was recorded in 2013 when the yield increased by % against the previous year. Over the period under review, the average avocado yield attained the maximum level at tonnes per ha in 2007; however, from 2008 to , the yield failed to regain the momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
In , the harvested area of avocados in China rose modestly to ha, picking up by % against 2019 figures. Over the period under review, the total harvested area indicated a noticeable increase from 2007 to : its figure increased at an average annual rate of +% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, avocado harvested area increased by +% against 2007 indices. The most prominent rate of growth was recorded in 2008 with an increase of % against the previous year. Over the period under review, the harvested area dedicated to avocado production reached the maximum in and is expected to retain growth in years to come.
The value of the avocado market in China rose notably to $ in , picking up by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption showed a strong increase. The pace of growth was the most pronounced in 2009 with an increase of % y-o-y. Avocado consumption peaked in and is expected to retain growth in the near future.