Global avocado consumption has grown strongly over the last decade, with imports increasing by 17% per annum to total over $1.6B in 2010. This dynamic creates a significant market for Rwanda’s most cultivated fruit. l The EU is a particularly attractive export market as it has struggled to find sources of increased supply . l Rwanda’s favorable climate would allow for year round cultivation, enabling Rwanda to take advantage of the higher prices offered in EU markets during the “cold season”.

 

Investment highlights.

• The opportunity to invest ~$3M into an avocado packaging and export business has a projected IRR of 35%–40%, with net income of $1M by year five.
• l A single investor could expect to export between 2,000-8,000 MT of avocados and earn ~$5M–$10M in revenues by year five.
• l Direct sales to 2–3 key EU wholesalers would be supported by sales to large EU retailers and supermarkets, such as Tesco, Carrefour and Sainsbury’s.