Avocado Market Overview in Indonesia
In value terms, avocado production expanded significantly to $ in estimated in export prices. Over the period under review, production recorded a noticeable contraction. The pace of growth appeared the most rapid in 2017 when the production volume increased by % year-to-year. Over the period under review, production reached the peak level at $ in 2007; however, from 2008 to , production remained at a lower figure.
The average yield of avocados in Indonesia stood at tonnes per ha in , approximately equating 2019 figures. In general, the yield recorded slight growth. The most prominent rate of growth was recorded in 2011 when the yield increased by % against the previous year. Over the period under review, the average avocado yield reached the peak level at tonnes per ha in 2012; however, from 2013 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 total area harvested in terms of avocados production in Indonesia expanded remarkably to ha, with an increase of % on the previous year. In general, the total harvested area indicated a remarkable 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 2015 indices. The pace of growth was the most pronounced in 2015 with an increase of % against the previous year. The avocado harvested area peaked in and is expected to retain growth in years to come.
The revenue of the avocado market in Indonesia rose sharply to $ in , with an increase of % 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 saw a modest increase. The pace of growth was the most pronounced in 2017 when the market value increased by % y-o-y. Avocado consumption peaked in and is likely to see steady growth in the near future.