Forecast: Avocados Production in North America

Avocado production in North America, expressed in thousand metric tons, stood at 115.88 in 2023. Over the last two years, the year-on-year variations were -3.82% in 2022 and -3.89% in 2023, reflecting a slight decline. The last five years observed an average annual decline (CAGR) of -7.22%, indicating a consistent downward trend in production.

Looking ahead, forecasted data suggests that avocado production will continue to decrease, with a projected CAGR of -3.32% from 2024 to 2028. By 2028, production is expected to reach 93.93 thousand metric tons, which represents a -15.53% decline from 2023 levels.

Future trends to watch for include potential impacts of climate change on avocado yields, shifts in consumer demand, and advancements in agricultural technology that might mitigate the declining trend.

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