Forecast: Avocados Exported to Japan by Mexico

Mexico's avocado exports to Japan have seen significant fluctuations between 2013 and 2023. In 2023, the export value stood at $218.55 million, with a notable year-on-year increase of 13.23% from 2022. The compound annual growth rate (CAGR) over the last five years (2018-2023) has been 8.21%, indicating overall growth despite some declines in specific years, such as a substantial 30.71% drop in 2020.

Looking forward, Mexico's avocado exports to Japan are forecasted to grow, reaching $281.18 million by 2028. The forecasted CAGR for the next five years (2023-2028) is 3.98%, suggesting a steady but slower growth rate compared to the previous five years.

Future trends to watch for include potential impacts of global trade policies, climate change effects on avocado production, and shifts in consumer preferences towards sustainability. These factors could influence both the growth trajectory and market dynamics of Mexican avocado exports to Japan.

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