Analysis of fresh avocado exports in the U.S. indicates variations and trends both in volume and value. In 2023, the volume stands at 28.22 Million Pounds. Over the past two years, the exports have shown an increase with year-on-year variations of 1.42% in 2023 and 1.47% in 2022. From 2019 to 2023, there's been an average annual increase (CAGR) of 10.02%.
Looking ahead, forecasts suggest a steady growth with values projected to reach 30.28 Million Pounds by 2028, indicating a 5.69% overall growth rate. The five-year CAGR from 2024 to 2028 is expected to average 1.11%.
Future trends to watch for include:
- Impact of climate change on avocado yields.
- Shifts in consumer preference and demand for avocados.
- Trade policies and market access that could affect export dynamics.
- Innovation in agricultural practices and supply chain optimizations.
