Avocado Market Overview in Viet Nam
In value terms, avocado production totaled $ in estimated in export prices. In general, production enjoyed a significant increase. Over the period under review, production attained the maximum level in and is likely to see steady growth in the near future.
In , the average yield of avocados in Viet Nam was estimated at kg per ha, almost unchanged from the previous year's figure. In general, the yield continues to indicate a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
In , approx. ha of avocados were harvested in Viet Nam; almost unchanged from 2019. In general, the harvested area showed a relatively flat trend pattern.
The value of the avocado market in Viet Nam dropped slightly to $ in , reducing 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). Overall, consumption, however, saw a slight setback. The pace of growth was the most pronounced in 2017 with an increase of % against the previous year. Avocado consumption peaked at $ in 2007; however, from 2008 to , consumption remained at a lower figure.