Avocados proving to be a money spinner with an annual $649 million GVP value

Avocado growers took a leap of faith to improve production volume and income from the previous season with exports in strong demand

Growers who have committed to Avocados are reaping the reward of increasing demand in both domestic and export markets for Australian-grown quality 

Australian avocado production volume is up 30% to 150,913 tonnes when compared with 2022-23’s figure of 115,385 tonnes. While the gross value of production (GVP) for is up by 13% to $649 million when compared to $574 million in 2022-23.

Export value is up a whopping 63% to $96.1 million, as the peak body Avocados Australia continues to stay focussed on increasing demand in the domestic and export markets and opening up new export markets.

Western Australian growers placed a lot of faith in avocados and produced a record volume of over 65,000 tonnes, representing 44% of the total Australian volume produced for the year. The next largest share was from Queensland at 42% of production.

John Tyas, Avocados Australia’s CEO and the project’s leader, believes the most recent survey clearly shows that Avocados Australia – and the industry – needs to continue to do everything it can to further increase exports year-on-year into current and additional markets.

“Over the last three years, the total export volume has increased by around 600% to 21,979 tonnes but more work still needs to be done,” John Tyas outlined.

“The 21,979 tonnes exported in 2023/24 represents 14.56% of the total volume produced in Australia and we are definitely looking to further increase that figure.”

The gross value of production (GVP) for Australian grown avocados is up by 13% to $649 million when compared to $574 million in 2022/23. Export value is up 63% to $96.1 million – Image: Avocados Australia

“Australian avocados are highly regarded by consumers in our overseas markets, they offer a quality, healthy and delicious option, and this knowledge will help us in further developing these markets.”

The avocado industry also places a high value on local avocado consumers and is working to increase domestic avocado consumption. Domestic consumption increased in 2023-24 to 4.94kg per person, up 25% in three years. 

“Australian avocado growers are committed to supplying avocados both domestically and internationally, and they are always striving to grow quality avocados that provide a healthy and safe product for all consumers,” John Tyas added.

Avocado growers took a leap of faith to improve production volume and income from the previous season with exports in strong demand

Australian avocado production volume is up 30% to 150,913 tonnes when compared with 2022-23’s figure of 115,385 tonnes. While the gross value of production (GVP) for is up by 13% to $649 million when compared to $574 million in 2022-23.

Export value is up a whopping 63% to $96.1 million, as the peak body Avocados Australia continues to stay focussed on increasing demand in the domestic and export markets and opening up new export markets.

This graph shows how WA growers have leap-frogged QLD growers to become the biggest producers with over 65,000 tonnes in season 2023-24 – Image: Avocados Australia

Western Australian growers placed a lot of faith in avocados and produced a record volume of over 65,000 tonnes, representing 44% of the total Australian volume produced for the year. The next largest share was from Queensland at 42% of production.

John Tyas, Avocados Australia’s CEO and the project’s leader, believes the most recent survey clearly shows that Avocados Australia – and the industry – needs to continue to do everything it can to further increase exports year-on-year into current and additional markets.

“Over the last three years, the total export volume has increased by around 600% to 21,979 tonnes but more work still needs to be done,” John Tyas outlined.

“The 21,979 tonnes exported in 2023/24 represents 14.56% of the total volume produced in Australia and we are definitely looking to further increase that figure.”

“Australian avocados are highly regarded by consumers in our overseas markets, they offer a quality, healthy and delicious option, and this knowledge will help us in further developing these markets.”

The avocado industry also places a high value on local avocado consumers and is working to increase domestic avocado consumption. Domestic consumption increased in 2023-24 to 4.94kg per person, up 25% in three years. 

“Australian avocado growers are committed to supplying avocados both domestically and internationally, and they are always striving to grow quality avocados that provide a healthy and safe product for all consumers,” John Tyas added.