Colombia - Apricots (Dry) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingDried Apricot Price in Colombia - 2022
Contents:
- Dried Apricot Price in Colombia (CIF) - 2022
- Dried Apricot Price in Colombia (FOB) - 2022
- Dried Apricot Imports in Colombia
- Dried Apricot Exports in Colombia
Dried Apricot Price in Colombia (CIF) - 2022
In 2022, the average dried apricot import price amounted to $4,185 per ton, reducing by -10.2% against the previous year. In general, the import price continues to indicate a pronounced decline. The most prominent rate of growth was recorded in 2021 an increase of 68% against the previous year. Over the period under review, average import prices hit record highs at $8,560 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($9,298 per ton), while the price for Turkey totaled $3,423 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+3.3%).
Dried Apricot Price in Colombia (FOB) - 2022
In 2022, the average dried apricot export price amounted to $7,973 per ton, growing by 3.1% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2016 an increase of 6.3% against the previous year. Over the period under review, the average export prices hit record highs at $8,024 per ton in 2020; afterwards, it flattened through to 2022.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Panama ($8,950 per ton), while the average price for exports to the United States stood at $6,824 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Panama (+2.7%).
Dried Apricot Imports in Colombia
For the third consecutive year, Colombia recorded decline in purchases abroad of dried apricots, which decreased by -11% to 32 tons in 2022. Over the period under review, imports showed a abrupt descent. The smallest decline of -0.7% was in 2021.
In value terms, dried apricot imports shrank dramatically to $135K in 2022. Overall, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 67% against the previous year. As a result, imports attained the peak of $169K, and then reduced remarkably in the following year.
| Import of Dried Apricot in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 110 | 83.8 | 147 | 98.1 | -3.7% |
| United States | 9.3 | 0.7 | 0.6 | 23.1 | 35.4% |
| Others | 17.5 | 16.7 | 21.0 | 14.0 | -7.2% |
| Total | 137 | 101 | 169 | 135 | -0.5% |
Top Suppliers of Dried Apricot to Colombia in 2022:
- Turkey (28.7 tons)
- United States (2.5 tons)
Dried Apricot Exports in Colombia
In 2022, shipments abroad of dried apricots was finally on the rise to reach 37 kg after two years of decline. In general, exports, however, showed a abrupt shrinkage.
In value terms, dried apricot exports totaled $295 in 2022. Over the period under review, exports, however, faced a deep slump.
| Export of Dried Apricot in Colombia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Panama | 253 | 126 | 126 | 179 | -10.9% |
| United States | 25.0 | 100 | 112 | 116 | 66.8% |
| Ecuador | 130 | N/A | N/A | N/A | 0% |
| Poland | N/A | 103 | 19.0 | N/A | -81.6% |
| Others | 2.0 | N/A | 6.0 | N/A | 73.2% |
| Total | 410 | 329 | 263 | 295 | -10.4% |
Top Export Markets for Dried Apricot from Colombia in 2022:
- Panama (20.0 kg)
- United States (17.0 kg)
This report provides an in-depth analysis of the dried apricot market in Colombia. 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:
- Colombia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Colombia
- 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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In 2019, global dried prune exports amounted to 178K tons. Chile was the largest exporter of dried prunes in the world, with the volume of exports reaching 69K tons, which was near 39% of total exports in 2019. Moldova emerged as the fastest-growing exporter exported in the world, with a CAGR of +14.7% from 2007-2019.
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