Dried Apricot Price in Estonia - 2023
Contents:
- Dried Apricot Price in Estonia (CIF) - 2022
- Dried Apricot Price in Estonia (FOB) - 2022
- Dried Apricot Imports in Estonia
- Dried Apricot Exports in Estonia
Dried Apricot Price in Estonia (CIF) - 2022
In 2022, the average dried apricot import price amounted to $6,538 per ton, increasing by 44% against the previous year. Overall, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +6.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, dried apricot import price increased by +88.1% against 2019 indices. The most prominent rate of growth was recorded in 2015 when the average import price increased by 48% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to see steady growth in the immediate term.
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 ($12,247 per ton), while the price for Tajikistan ($1,562 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+21.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Dried Apricot Price in Estonia (FOB) - 2022
The average dried apricot export price stood at $9,083 per ton in 2022, jumping by 30% against the previous year. Overall, the export price posted a buoyant increase. The pace of growth appeared the most rapid in 2018 an increase of 103%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($11,436 per ton), while the average price for exports to Finland amounted to $6,060 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+16.7%), while the prices for the other major destinations experienced more modest paces of growth.
Dried Apricot Imports in Estonia
In 2022, overseas purchases of dried apricots decreased by -8.4% to 146 tons, falling for the second consecutive year after two years of growth. Overall, imports continue to indicate a abrupt contraction. The growth pace was the most rapid in 2020 with an increase of 12%. As a result, imports reached the peak of 196 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, dried apricot imports surged to $955K in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +16.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.3% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Dried Apricot in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 30.5 | 239 | 346 | 317 | 118.2% |
| Netherlands | 16.4 | 131 | 117 | 271 | 154.7% |
| Latvia | 62.9 | 240 | 173 | 265 | 61.5% |
| Germany | 18.3 | 27.0 | 42.6 | 59.2 | 47.9% |
| Finland | 16.2 | 44.7 | 21.2 | 28.2 | 20.3% |
| Turkey | 443 | N/A | N/A | N/A | 0% |
| Others | 19.9 | 19.7 | 24.4 | 14.4 | -10.2% |
| Total | 607 | 702 | 724 | 955 | 16.3% |
Top Suppliers of Dried Apricot to Estonia in 2022:
- Netherlands (50.4 tons)
- Lithuania (43.6 tons)
- Latvia (38.5 tons)
- Germany (4.8 tons)
- Finland (3.6 tons)
Dried Apricot Exports in Estonia
In 2022, approx. 265 kg of dried apricots were exported from Estonia; waning by -36.6% against 2021. In general, exports recorded a sharp setback. The pace of growth appeared the most rapid in 2021 with an increase of 29% against the previous year.
In value terms, dried apricot exports fell significantly to $2.4K in 2022. Overall, exports saw a abrupt descent. The pace of growth was the most pronounced in 2021 with an increase of 30%.
| Export of Dried Apricot in Estonia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 1,534 | 1,500 | 1,370 | 1,704 | 3.6% |
| Finland | 242 | 434 | 372 | 703 | 42.7% |
| Russia | N/A | N/A | 308 | N/A | 0% |
| Latvia | 1,914 | 98.0 | 375 | N/A | -55.7% |
| Denmark | N/A | 210 | 264 | N/A | 25.7% |
| Others | N/A | N/A | 229 | N/A | 0% |
| Total | 3,690 | 2,242 | 2,918 | 2,407 | -13.3% |
Top Export Markets for Dried Apricot from Estonia in 2022:
- Norway (149.0 kg)
- Finland (116.0 kg)
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