Avocado production in Argentina showed modest fluctuation between 2013 and 2023. In 2023, production stood at 4.25 thousand metric tons. The highest year-on-year increase in recent years occurred in 2021 at 5.94%, while 2020 exhibited a significant dip of -4.27%. From 2019 onwards, production numbers indicate a stable growth pattern, with minor annual increases. The Compound Annual Growth Rate (CAGR) over the last 5 years from 2019 to 2023 was approximately 0.65%. Future trends to watch include a steady forecasted rise in production with a 5-year CAGR of 0.51% and an expected growth rate of 2.56% by 2028.
Future trends to watch for:
• Potential impacts of climate change on avocado yields.
• Technological advancements in agriculture that could enhance production efficiency.
• Economic variables such as changes in global avocado demand and market prices.
• Government policies regarding agricultural subsidies and export incentives.