Spain - Apricots - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSpain's Apricot Price Falls Markedly to $1,740 per Ton
Spain Apricot Export Price in October 2022
In October 2022, the apricot price amounted to $1,740 per ton (FOB, Spain), with a decrease of -8.3% against the previous month. In general, the export price saw a pronounced decrease. The pace of growth was the most pronounced in April 2022 an increase of 43% m-o-m. As a result, the export price attained the peak level of $4,159 per ton. From May 2022 to October 2022, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In October 2022, the country with the highest price was the Netherlands ($2,264 per ton), while the average price for exports to France ($1,034 per ton) was amongst the lowest.
From January 2022 to October 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+1.1%), while the prices for the other major destinations experienced a decline.
Spain Apricot Exports
In October 2022, overseas shipments of apricots decreased by -32.9% to 1.1K tons, falling for the fourth month in a row after three months of growth. In general, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in May 2022 when exports increased by 9,167% m-o-m. Over the period under review, the exports reached the peak figure at 24K tons in June 2022; however, from July 2022 to October 2022, the exports stood at a somewhat lower figure.
In value terms, apricot exports declined notably to $2M (IndexBox estimates) in October 2022. Over the period under review, exports, however, showed a significant increase. The most prominent rate of growth was recorded in April 2022 with an increase of 6,043% against the previous month. Over the period under review, the exports reached the maximum at 48K tons in June 2022; however, from July 2022 to October 2022, the exports remained at a lower figure.
Spain Apricot Exports by Country
France (255 tons), Italy (219 tons) and Germany (204 tons) were the main destinations of apricot exports from Spain, together accounting for 60% of total exports. Poland, the Netherlands and Belgium lagged somewhat behind, together comprising a further 38%.
From January 2022 to October 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Belgium (with a CAGR of +146.2%), while the other leaders experienced more modest paces of growth.
In value terms, the largest markets for apricot exported from Spain were Germany ($444K), Poland ($376K) and the Netherlands ($316K), with a combined 57% share of total exports. These countries were followed by Italy, France and Belgium, which together accounted for a further 38%.
In terms of the main countries of destination, Belgium, with a CAGR of +119.9%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Factors Affecting Apricot Prices
Apricots are a popular fruit in Spain and the price of them can vary depending on a number of factors. The time of year is one factor that can affect the price, as apricots are in season from late May to early August. The weather can also play a role, as a warm spring can lead to an earlier crop and lower prices, while a cold snap can damage the blossoms and lead to higher prices later in the season.
The region where the apricots are grown is another important factor, as apricots from Andalusia are typically cheaper than those from Catalonia. Finally, the size and quality of the fruit can also affect the price, with larger, more perfect fruits commanding a higher price than smaller or less perfect ones.
Production costs are also important determinant of apricot prices in Spain. growers must cover their costs of labor, land, water, and other inputs in order to make a profit.
This report provides an in-depth analysis of the apricot market in Spain. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 526 - Apricots
Country coverage:
- Spain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Spain
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
