The avocado production in Spain has shown a general upwards trend from 2013 to 2023. Starting at 69.4 thousand metric tons in 2013, production reached 102.47 thousand metric tons in 2023. From 2023 onwards, the forecast predicts continued growth, reaching 110.59 thousand metric tons by 2028. Over the past decade, yearly production variations have indicated both increases and decreases, with notable growth years in 2014, 2015, and 2019, and minor declines in years such as 2018 and 2020. The compound annual growth rate (CAGR) over the last 5 years stood at 2.72% as of 2023, while the forecasted 5-year CAGR is 1.2%.
From 2024 onwards, watch for:
- Impact of climate change and environmental sustainability efforts on production volumes.
- Market demand shifts in both domestic and international markets.
- Technological advancements in farming that could affect productivity.
- Policy changes regarding agricultural support and exports.