Forecast: Avocados Harvested Production in Spain

The harvested production of avocados in Spain has shown a general upward trend over the last decade, starting from 2013 with 69.43 thousand metric tons and reaching 111.94 thousand metric tons in 2023. The year-on-year variation indicates periodic fluctuations with notable increases and occasional declines. Key years include 2014 with an 11.48% rise and 2021 with a significant 17.87% increase. The recent two years, 2022 and 2023, had variations of -9.28% and 5.67%, respectively. The 5-year compound annual growth rate (CAGR) stood at 4.56% in 2023, signaling consistent growth but with evident volatility.

Looking forward, the forecast for 2024-2028 projects continued growth culminating in 131.54 thousand metric tons by 2028 with a forecasted 5-year CAGR of 2.56%, representing an overall growth rate of 13.49%. Future trends to watch include potential impacts of climate change on avocado yield, increasing demand influenced by global trends, and the exploration of sustainable farming practices to ensure continued growth.

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