Smashing records: Nation’s avocado production rebounds to help keep prices low at supermarkets

Shoppers may be facing higher costs on everyday items at the supermarket checkout, but an abundant supply of avocados is helping keep prices at near-record lows.

The nation’s avocado production is rebounding, with supply and exports of the fruit headed for record levels, according to a new report from banking specialist firm Rabobank.

Based on industry estimates, RaboResearch found supply was expected to soar to record levels of 170,000 tonnes in coming seasons.

It comes after production declined in the 2024-25 season due to alternative bearing — the natural cycle where trees yield bigger amounts of fruit every second year.

RaboResearch senior analyst Michael Harvey said for consumers, the abundance in supply was tipped to keep retail prices for avocado relatively low compared with historical levels. Avocado prices first hit a record low of $1 each in 2021.

On Thursday, Coles and Woolworths were selling a 5-pack of avocados for $7.50.

Australia is one of the top avocado-consuming nations globally, with per capita consumption averaging about 4.5kg to 4.7kg a year —equating to about 20 individual fruits.

At local cafes, smashed avocado has become a brunch staple.

Rabobank said Queensland remained the biggest avocado-producing State in Australia, accounting for 50 per cent of national output, followed by WA.

“Growing conditions for the commencement of the 2026 season have been most favourable in these key regions,” Mr Harvey said.

Australian avocado exports were also expected to lift to record highs, Rabobank said. In 2025, exports reached a record high of about 18,400 metric tonnes.

Asia remains a core destination for Australian avocados, Mr Harvey said, led by established markets, including Hong Kong, Singapore and Malaysia.

“And with emerging markets across other South-East Asian economies and the Middle East,” he said.