China - Apricots (Dry) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingDried Apricot Price in China - 2023
Contents:
- Dried Apricot Price in China (CIF) - 2023
- Dried Apricot Price in China (FOB) - 2022
- Dried Apricot Imports in China
- Dried Apricot Exports in China
Dried Apricot Price in China (CIF) - 2023
The average dried apricot import price stood at $2,816 per ton in June 2023, surging by 10% against the previous month. Overall, the import price saw strong growth. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 99% against the previous month. As a result, import price reached the peak level of $3,595 per ton. From April 2023 to June 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Turkey ($4,821 per ton), while the price for Afghanistan amounted to $601 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Turkey (+8.5%).
Dried Apricot Price in China (FOB) - 2022
The average dried apricot export price stood at $4,115 per ton in 2022, reducing by -1.6% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the average export price increased by 62%. The export price peaked at $5,297 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($25,324 per ton), while the average price for exports to Kazakhstan ($2,400 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kyrgyzstan (+74.7%), while the prices for the other major destinations experienced more modest paces of growth.
Dried Apricot Imports in China
In 2022, imports of dried apricots into China surged to 8.3K tons, with an increase of 42% compared with the previous year's figure. Overall, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +7.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +84.5% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, dried apricot imports skyrocketed to $9.5M in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +8.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +99.0% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Dried Apricot in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 4.4 | 2.5 | 4.9 | 6.7 | 15.0% |
| Afghanistan | 1.4 | 1.4 | 1.0 | 2.8 | 26.0% |
| Uzbekistan | 1.1 | 0.7 | 0.5 | N/A | -32.6% |
| Kyrgyzstan | 0.6 | 0.1 | N/A | N/A | -83.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 7.6 | 4.8 | 6.5 | 9.5 | 7.7% |
Top Suppliers of Dried Apricot to China in 2022:
- Uzbekistan (undefinedK tons)
- Afghanistan (4.7K tons)
- Turkey (3.7K tons)
Dried Apricot Exports in China
In 2022, the amount of dried apricots exported from China reduced to 146 tons, with a decrease of -12.7% on the year before. Over the period under review, exports, however, enjoyed a strong expansion. The growth pace was the most rapid in 2021 when exports increased by 115%. As a result, the exports reached the peak of 167 tons, and then declined in the following year.
In value terms, dried apricot exports contracted to $599K in 2022. In general, exports, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 114%. As a result, the exports attained the peak of $698K, and then reduced in the following year.
| Export of Dried Apricot in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 251 | 246 | 260 | 305 | 6.7% |
| Kazakhstan | N/A | N/A | 137 | 96.0 | -29.9% |
| France | 108 | 67.9 | 101 | 62.3 | -16.8% |
| United Kingdom | N/A | N/A | 112 | 62.0 | -44.6% |
| Australia | 58.8 | N/A | N/A | N/A | 0% |
| Others | 39.8 | 13.3 | 88.1 | 73.9 | 22.9% |
| Total | 458 | 327 | 698 | 599 | 9.4% |
Top Export Markets for Dried Apricot from China in 2022:
- Japan (84.2 tons)
- Kazakhstan (40.0 tons)
- France (3.2 tons)
- United Kingdom (2.5 tons)
This report provides an in-depth analysis of the dried apricot market in China. 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 527 - Apricots, Dried
Country coverage:
- China
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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
- 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 VOLUME AND VALUE
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
- 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
- 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
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