Dried Apricot Price in Ecuador - 2021

Contents:

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

Dried Apricot Price in Ecuador (CIF) - 2022

The average dried apricot import price stood at $5,076 per ton in 2022, with an increase of 12% against the previous year. Over the period under review, the import price, however, showed a mild curtailment. The pace of growth appeared the most rapid in 2019 when the average import price increased by 15%. The import price peaked at $5,909 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 Germany ($8,276 per ton), while the price for Spain ($2,585 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+3.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Dried Apricot Price in Ecuador (FOB) - 2022

The average dried apricot export price stood at $9,409 per ton in 2021, remaining stable against the previous year. In general, the export price saw significant growth. The most prominent rate of growth was recorded in 2020 a decrease of 99.9%. Over the period under review, the average export prices attained the maximum in 2021 and is expected to retain growth in years to come.

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

From 2015 to 2021, the rate of growth in terms of prices for Maldives amounted to -24.5% per year.

Dried Apricot Imports in Ecuador

In 2022, approx. 4 tons of dried apricots were imported into Ecuador; growing by 76% on the previous year's figure. In general, imports, however, recorded a abrupt decline.

In value terms, dried apricot imports soared to $20K in 2022. Overall, imports, however, showed a drastic downturn.

Import of Dried Apricot in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey5.05.30.58.017.0%
United States16.617.22.95.6-30.4%
GermanyN/A2.51.72.85.8%
Chile0.61.21.30.5-5.9%
Spain0.50.71.20.4-7.2%
IranN/A0.8N/AN/A0%
Others2.72.52.52.81.2%
Total25.430.110.220.1-7.5%

Top Suppliers of Dried Apricot to Ecuador in 2022:

  1. Turkey (1791.0 kg)
  2. United States (1280.0 kg)
  3. Germany (340.0 kg)
  4. Spain (147.0 kg)
  5. Chile (57.0 kg)

Dried Apricot Exports in Ecuador

Dried apricot exports from Ecuador totaled 22 kg in 2021, remaining relatively unchanged against the previous year. Overall, exports continue to indicate a sharp curtailment. The smallest decline of 99.9% was in 2020.

In value terms, dried apricot exports stood at $207 in 2021. Over the period under review, exports continue to indicate a significant decrease. The smallest decline of 99.9% was in 2020.

Export of Dried Apricot in Ecuador (USD)
COUNTRY201920202021CAGR,
2019-2021
Maldives198N/A2072.2%
United States2,214N/AN/A0%
OthersN/AN/AN/A0%
Total2,412N/A207-70.7%

Top Export Markets for Dried Apricot from Ecuador in 2022:

  1. Maldives (22.0 kg)

Source: IndexBox Market Intelligence Platform

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