In 2023, US avocado production stood at 115.88 thousand metric tons. Analyzing year-on-year variations, the production declines consistently from 2016 onwards, except a slight increase in 2021. The 5-year CAGR from 2013 to 2018 was moderately positive, whereas the subsequent period to 2023 has shown a significant declining trend. The forecasted 5-year CAGR to 2028 indicates a continued decline at an average yearly rate of -3.32%, leading to a 15.53% drop overall.
Future trends to watch for:
- Impact of climate change and weather patterns on avocado yields.
- Market demand shifts potentially affecting production levels.
- Technological advancements in agricultural practices.
