According to the Agricultural Outlook 2021-2030 report of the Organization for Economic Cooperation and Development-OECD and the United Nations Food and Agriculture Organization (FAO), avocados will become the most marketed fruit by 2030.
Forecasts are that by 2030 avocado production will amount to 12 million tons; an amount that will triple the production achieved in 2010. Of this volume, up to 3.9 million tons will be exported, surpassing pineapple and mango exports.
“This growth will continue to be driven by global demand, lucrative unit export prices, and investments in surface expansion in both large and emerging production areas,” the report states.
Latin America and the Caribbean will be the main production areas
Currently, the top 10 avocado-producing countries account for nearly 80% of global production; and by 2030, it is estimated that about 74% of production will remain in Latin America and the Caribbean, due to this region's favorable growth conditions.
Mexico, the world's largest producer and exporter of avocados, will see annual growth of 5.2% over the next ten years due to continued US demand growth. Mexico is expected to increase its share of world exports, to 63% by 2030, even though there is growing competition from emerging exporters such as Peru, Colombia, and Kenya.”
Source: redagricola.com