Dried Apricot Price in Bangladesh - 2022

Contents:

1. Dried Apricot Price in Bangladesh (CIF) - 2022
2. Dried Apricot Price in Bangladesh (FOB) - 2022
3. Dried Apricot Imports in Bangladesh
4. Dried Apricot Exports in Bangladesh

Dried Apricot Price in Bangladesh (CIF) - 2022

In 2022, the average dried apricot import price amounted to $888 per ton, waning by -14% against the previous year. In general, the import price continues to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2017 when the average import price increased by 26%. Over the period under review, average import prices reached the maximum at $1,978 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($4,625 per ton), while the price for Myanmar ($362 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Dried Apricot Price in Bangladesh (FOB) - 2022

In 2021, the average dried apricot export price amounted to $4,000 per ton, reducing by -10.1% against the previous year. In general, the export price showed a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $4,452 per ton in 2020, and then dropped in the following year.

As there is only one major export destination, the average price level is determined by prices for Canada.

From 2012 to 2021, the rate of growth in terms of prices for Myanmar amounted to 0.0% per year.

Dried Apricot Imports in Bangladesh

Dried apricot imports into Bangladesh soared to 582 tons in 2022, growing by 32% compared with the year before. Over the period under review, imports saw significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 225% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, dried apricot imports rose sharply to $517K in 2022. Overall, imports posted a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 134% against the previous year. As a result, imports attained the peak of $577K. From 2021 to 2022, the growth of imports failed to regain momentum.

Top Suppliers of Dried Apricot to Bangladesh in 2022:

1. Myanmar (500.8 tons)
2. Pakistan (47.6 tons)
3. United Arab Emirates (26.1 tons)

Dried Apricot Exports in Bangladesh

In 2021, approx. 13 kg of dried apricots were exported from Bangladesh; with a decrease of -79% compared with the previous year. In general, exports saw a sharp curtailment.

In value terms, dried apricot exports declined dramatically to $52 in 2021. Overall, exports showed a sharp curtailment.

Top Export Markets for Dried Apricot from Bangladesh in 2022:

1. Canada (13.0 kg)

Source: IndexBox Market Intelligence Platform