Avocado consumption has transcended cultural boundaries, and Vietnamese avocados have emerged as a noteworthy contender in the global market. Their distinct flavor profile, rich creaminess, and vibrant green hue make them a sought-after ingredient in various cuisines. We will explore the markets where Vietnamese avocados are predominantly consumed, uncovering their unique qualities and the factors contributing to their popularity.
In the world, where are avocados most consumed?
With the increasing popularity of avocados in consumption, the global avocado market this year is generally favorable, with promising prices in many markets, including both domestically produced and imported avocados. The Covid-19 pandemic, which has forced people to stay at home, has also contributed to the rise in avocado consumption.
On a global scale, Mexico, the United States, and the Dominican Republic are the leading avocado-consuming markets in the world. Among these top-consuming nations, the highest per capita consumption is recorded in the Dominican Republic (54.6 kg/year), which is more than five times the world average of 10 kg/person/year. The average annual avocado consumption per person in Mexico is currently about 7 kg.
The traditional avocado-consuming markets in the world are the United States and the European Union (EU). Notably, two rapidly growing potential markets for avocado consumption are China and India. Therefore, there are still numerous opportunities for avocado cultivation to develop, and some experts even suggest that in the near future, there could be a shortage in supply.
Specifically:
North America leads the world in avocado imports, accounting for 52% of the world's total imports.
While the United States produces avocados, it remains in a state of net import due to the increasing number of Americans following the trend of avocado consumption for its health benefits. On average, each American uses 2.36 kg of avocados per year.
The demand for avocados in the European Union (EU) is on the rise and has significant potential. The average consumption is 0.6 kg per person per year.
The Asian market contributes to 7% of the world's avocado imports.
Australia both produces and consumes a substantial amount of avocados. The average per capita avocado consumption in Australia has risen to 3.5 kg per person per year.
The Vietnamese avocados are predominantly consumed in which markets?
In Vietnam, avocado is a high-value fruit-bearing tree that is primarily cultivated in the Central Highlands provinces, including Lam Dong, Dak Lak, Dak Nong, Gia Lai, and Kon Tum. Farmers are continually expanding the cultivation area. Vietnamese avocados are on par in terms of both quality and yield with those from major avocado-exporting countries worldwide. However, avocado exports still face certain limitations, with the most challenging aspect being preservation, and the main focus of the market is primarily on China.
In Vietnam, Dak Nong is one of the provinces with a significant avocado cultivation area and yield in the country, covering an area of nearly 2,600 hectares. Avocado trees are easy to grow, have fewer pest and disease issues, and require only one-third of the care expenses compared to other perennial plants. With stable avocado prices over the years, each hectare can yield a harvest of between 300 - 500 million Vietnamese dong per year.
As demand for Vietnamese avocados surges, suppliers face the challenge of meeting this growing appetite. Collaborative efforts between farmers and distributors are crucial to ensuring a steady supply. The future looks promising for Vietnamese avocados. As more consumers discover their exceptional qualities, the market is likely to expand even further, establishing Vietnam as a prominent player in the global avocado trade.
In recent years, the cultivation of avocado trees has been on the rise in our country, with a strong economic value. This high-value fruit is primarily grown in the provinces of the Central Highlands, particularly in the Tay Nguyen region. As of now, farmers continue to expand their cultivation areas, showing a clear commitment to the avocado industry. The expansion of avocado cultivation not only contributes to the economic development of the region but also reflects the adaptability of our farmers to changing market demands. As the avocado industry continues to flourish, it holds the potential to enhance both local and national economies while providing a delicious and nutritious fruit for consumers. The dedication of our farmers and the increasing cultivation areas signify a promising future for the avocado industry in our country.
The statistics indicate a notable increase in avocado cultivation over the past few years, with approximately 3,500 hectares dedicated to this crop. However, in reality, the actual avocado cultivation area has reached around 4,000 hectares. This upward trend is a testament to the growing importance of avocados in our agricultural landscape.
Comments