Turkey Runs the Show in the Global Dried Apricot Exports

Pome Fruits And Stone Fruits September 15, 2015

Occupying •••% of the global trade, Turkey has complete control of the dried apricot market. In 2014, Turkey exported ••• thousand tonnes of dried apricot totaling ••• million USD, •••% over the previous year. Its primary trading partner was the U.S., where it supplied •••% of its total dried apricot exports in value terms, accounting for over •••% of the U.S. total imports.

Overall, the global dried apricot trade reached ••• million USD, with a CAGR of •••% from 2007 to 2014. In physical terms, it declined, falling from ••• thousand tonnes in 2007 to ••• thousand tonnes in 2014.

In 2014, the U.S. (•••%), Germany (•••%), France (•••%), the United Kingdom (•••%) and Brazil (•••%) were the leading destinations of dried apricot imports, together making up •••% of global imports. The share of Kazakhstan increased (+••• percentage points), while the share of the Russian Federation illustrated negative dynamics (-••• percentage points).

Germany and the U.S. were among the other main global suppliers of dried apricots in 2014, but with a relatively puny combined share of •••% of global exports. The fastest growing exporters from 2007 to 2014 were China (+•••% per year) and Spain (+•••% per year). Even with this potentially stiffening competition, Turkey was still able to strengthen its position in the global export structure, from •••% in 2007 to •••% in 2014.

Source: World: Apricot (Dry) - Market Report. Analysis And Forecast To •••