Avocado production in Australia has experienced fluctuations from 2013 to 2017, with the lowest annual value recorded in 2014. However, from 2016 onwards, production shows a general upward trend. From 2019, production has consistently increased, culminating in a value of 86.4 thousand metric tons in 2023. Year-on-year variations over the last two years have been relatively modest, at 3.48% in 2022 and 3.3% in 2023. The Compound Annual Growth Rate (CAGR) over the past five years stands at 6.36%.
Future trends to watch for include:
- Consistent growth in avocado production, with a forecasted 5-year CAGR of 2.42%.
- Production expected to reach 100.8 thousand metric tons by 2028, indicating a 12.72% growth from 2023.
- Potential impacts of climate change and agricultural innovations on yield and quality.
- Market demand and export opportunities influencing production scale and practices.