The export of avocados from Mexico to Italy has shown significant growth over the past decade, with actual exports rising from 11 metric tons in 2014 to 3,400 metric tons in 2023. Notably, the figures from 2024 onward are forecasts, projecting a continuous increase, reaching 7,120 metric tons by 2028. The year-on-year variations over the past two years indicate an impressive growth rate, with a 28.67% increase in 2023. Over the last five years, the average annual growth rate (CAGR) stood at 125.7%, underlining a steep upward trend.
Future trends to watch for:
- The forecasted 5-year CAGR (2023-2028) is 11.41%, suggesting strong, albeit slightly moderated, growth compared to previous years.
- The overall forecasted growth rate over the next five years is 71.64%, pointing towards sustained demand and market expansion.
- Monitoring shifts in consumer preferences, trade policies, and potential supply chain disruptions will be crucial for understanding future trends.
