Germany - Apricots (Dry) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Germany - Apricots (Dry) - Market Analysis, Forecast, Size, Trends and Insights

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Dried Apricot Price in Germany - 2023

Contents:

  1. Dried Apricot Price in Germany (CIF) - 2023
  2. Dried Apricot Price in Germany (FOB) - 2023
  3. Dried Apricot Imports in Germany
  4. Dried Apricot Exports in Germany

Dried Apricot Price in Germany (CIF) - 2023

In June 2023, the average dried apricot import price amounted to $6,660 per ton, approximately equating the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +2.7%. The most prominent rate of growth was recorded in September 2022 an increase of 16% against the previous month. Over the period under review, average import prices hit record highs at $6,682 per ton in May 2023, and then declined modestly in the following month.

Average prices varied noticeably amongst the major supplying countries. In June 2023, the country with the highest price was Turkey ($6,654 per ton), while the price for the Netherlands totaled $6,609 per ton.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Turkey (+2.9%).

Dried Apricot Price in Germany (FOB) - 2023

The average dried apricot export price stood at $8,705 per ton in June 2023, jumping by 24% against the previous month. Over the period under review, export price indicated a moderate increase from June 2022 to June 2023: its price increased at an average monthly rate of +4.5% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, dried apricot export price increased by +23.7% against May 2023 indices. The pace of growth was the most pronounced in October 2022 an increase of 68% against the previous month. The export price peaked in June 2023.

Prices varied noticeably by the country of destination: the country with the highest price was Switzerland ($12,719 per ton), while the average price for exports to Denmark ($5,790 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+20.5%), while the prices for the other major destinations experienced more modest paces of growth.

Dried Apricot Imports in Germany

In 2022, purchases abroad of dried apricots decreased by -25% to 6.5K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports saw a perceptible slump. The most prominent rate of growth was recorded in 2020 when imports increased by 13% against the previous year.

In value terms, dried apricot imports fell to $35M in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +11.3% 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 +37.7% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 27% against the previous year.

Import of Dried Apricot in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey22.829.637.333.413.6%
Netherlands0.61.00.90.75.3%
Others1.91.41.40.7-28.3%
Total25.332.139.534.911.3%

Top Suppliers of Dried Apricot to Germany in 2022:

  1. Turkey (6.2K tons)
  2. Netherlands (0.1K tons)

Dried Apricot Exports in Germany

In 2022, after three years of growth, there was significant decline in shipments abroad of dried apricots, when their volume decreased by -20.5% to 1.6K tons. The total export volume increased at an average annual rate of +3.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 32%.

In value terms, dried apricot exports reduced to $9.8M in 2022. The total export value increased at an average annual rate of +8.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 24% against the previous year. As a result, the exports attained the peak of $12M, and then declined in the following year.

Export of Dried Apricot in Germany (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria9771,5461,6961,39712.7%
Slovakia5708291,4981,37134.0%
Netherlands1,3981,8021,2671,190-5.2%
France58470296698319.0%
Poland52645174473311.7%
Switzerland53671391171710.2%
Czech Republic26473381046921.1%
Belgium20623126432015.8%
Turkey25084.74762844.3%
Italy452452318255-17.4%
Denmark410123284157-27.4%
United Kingdom205150281149-10.1%
Others1,3371,4651,9921,78310.1%
Total7,7159,28311,5069,8088.3%

Top Export Markets for Dried Apricot from Germany in 2022:

  1. Slovakia (433.7 tons)
  2. Austria (200.7 tons)
  3. Netherlands (187.4 tons)
  4. Poland (121.0 tons)
  5. France (110.1 tons)
  6. Switzerland (74.3 tons)
  7. Turkey (71.4 tons)
  8. Czech Republic (69.1 tons)
  9. Denmark (66.5 tons)
  10. Belgium (46.2 tons)
  11. Italy (29.4 tons)
  12. United Kingdom (21.7 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the dried apricot market in Germany. 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:

  • Germany

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Germany
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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