Report Update: May 1, 2024

South Africa - Avocados - Market Analysis, Forecast, Size, Trends and Insights

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Avocado Price in South Africa - 2023

Avocado Price in South Africa (FOB) - 2023

In July 2023, the average avocado export price amounted to $1,902 per ton, growing by 7.6% against the previous month. In general, export price indicated a mild increase from July 2022 to July 2023: its price increased at an average monthly rate of +1.3% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, avocado export price decreased by -38.2% against January 2023 indices. The most prominent rate of growth was recorded in January 2023 an increase of 43% m-o-m. As a result, the export price attained the peak level of $3,079 per ton. From February 2023 to July 2023, the the average export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Germany ($2,597 per ton), while the average price for exports to Spain ($1,570 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+1.7%), while the prices for the other major destinations experienced more modest paces of growth.

Avocado Price in South Africa (CIF) - 2022

In 2022, the average avocado import price amounted to $696 per ton, reducing by -45.3% against the previous year. In general, the import price saw a abrupt decrease. The most prominent rate of growth was recorded in 2017 an increase of 37%. As a result, import price reached the peak level of $2,631 per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Tanzania ($1,689 per ton), while the price for Zimbabwe ($321 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kenya (+31.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Avocado Exports in South Africa

In 2022, exports of avocados from South Africa surged to 63K tons, jumping by 19% compared with 2021 figures. The total export volume increased at an average annual rate of +9.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, avocado exports rose significantly to $118M in 2022. In general, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +18.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +66.6% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 43% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in years to come.

Export of Avocado in South Africa (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Netherlands	45.5	45.8	65.4	80.5	20.9%
United Kingdom	11.3	15.8	20.5	20.4	21.8%
Russia	1.7	4.2	5.3	2.7	16.7%
Germany	0.4	0.4	3.1	2.5	84.2%
Portugal	0.7	1.4	1.9	2.4	50.8%
United Arab Emirates	2.2	0.6	1.5	2.1	-1.5%
Spain	3.6	1.2	3.1	1.5	-25.3%
Others	5.3	7.6	9.7	5.7	2.5%
Total	70.7	77.1	111	118	18.6%

Top Export Markets for Avocado from South Africa in 2022:

Netherlands (43.9K tons)
United Kingdom (10.7K tons)
Russia (1.4K tons)
Portugal (1.3K tons)
United Arab Emirates (1.1K tons)
Germany (1.0K tons)
Spain (0.9K tons)

Avocado Imports in South Africa

For the fourth year in a row, South Africa recorded growth in overseas purchases of avocados, which increased by 10% to 4.6K tons in 2022. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +26.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +100.3% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 55%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, avocado imports shrank dramatically to $3.2M in 2022. In general, imports, however, showed a noticeable contraction. The most prominent rate of growth was recorded in 2020 with an increase of 49%. As a result, imports attained the peak of $5.4M. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Avocado in South Africa (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Tanzania	N/A	N/A	543	1,752	222.7%
Zimbabwe	137	182	371	701	72.3%
Mozambique	397	651	379	557	11.9%
Swaziland	221	153	319	223	0.3%
Spain	2,252	3,837	3,144	N/A	18.2%
Kenya	59.0	548	283	N/A	119.0%
Israel	569	57.0	233	N/A	-36.0%
Others	0.7	0.2	100	0.2	-34.1%
Total	3,634	5,428	5,372	3,234	-3.8%

Top Suppliers of Avocado to South Africa in 2022:

Zimbabwe (2186.5 tons)
Mozambique (1193.3 tons)
Tanzania (1037.7 tons)
Swaziland (229.4 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the avocado market in South Africa. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 572 - Avocados

Country coverage:

South Africa

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in South Africa
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023