Avocado Market Overview in China
In value terms, avocado production plummeted to $ in 2019 estimated in export prices. Over the period under review, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the production volume increased by % against the previous year. As a result, production attained the peak level of $. From 2018 to 2019, production growth remained at a lower figure.
In 2019, the average avocado yield in China contracted slightly to tonnes per ha, waning by -% against the year before. Overall, the yield continues to indicate a mild curtailment. The pace of growth was the most pronounced in 2013 when the yield increased by % year-to-year. Over the period under review, the average avocado yield attained the peak level at tonnes per ha in 2007; however, from 2008 to 2019, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
In 2019, the harvested area of avocados in China rose modestly to ha, surging by % on the previous year. Over the period under review, the total harvested area indicated moderate growth from 2007 to 2019: its figure increased at an average annual rate of +% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 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 peak figure in 2019 and is likely to see gradual growth in the near future.
The revenue of the avocado market in China expanded modestly to $ in 2019, growing 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). In general, consumption posted a moderate expansion. The most prominent rate of growth was recorded in 2017 when the market value increased by % against the previous year. As a result, consumption reached the peak level of $. From 2018 to 2019, the growth of the market remained at a lower figure.