Value of avocado imports surges nearly 40%

From The Packer | 13 July 2022

Overview of avocados in the U.S. market, complemented by charts from Agronometrics. Original published on July 11, 2022. 

Driven by an increase in pricing, the value of U.S. avocado imports soared by 38% in the 12-month period ending May 31.

The increase in the value of avocados is part of an overall 16% increase in U.S. fruit import value over the past year.

U.S. imports of avocados were valued at $3.43 billion from June 2021 through May 2022, up 38% from a year ago.

The gain in value was led by price, not volume.

avocado prices by histor 18

Source: USDA Market News via Agronometrics.
(Agronometrics users can view this chart with live updates here)

The USDA reported the total volume of U.S. avocado imports for the period was 1.11 million metric tons, down 8% from the same period a year ago.

avocado volumes by histo 61

Source: USDA Market News via Agronometrics.
(Agronometrics users can view this chart with live updates here)

In contrast, the USDA said the value of avocado imports was $3,247 per metric ton, or $1.48 per pound. That is up 57% from the same period a year ago.

USDA trade numbers show that total U.S. fresh/frozen fruit imports totaled $18.98 billion for the period from June 2021 through May 2022, up 16% compared with a year ago.

Meanwhile, the USDA said imports of fresh vegetables from June 2021 through May 2022 totaled $10.86 billion, up 5% compared with the same period last year.

Berry good

At $4.07 billion, the value of U.S. imports of berries (excluding strawberries) topped all fruit and was up 16% compared with a year ago and berry imports were nearly double the value of 2017 imports.

The News in Charts is a collection of stories from the industry complemented by charts from Agronometrics to help better tell their story.

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