Dried Apricot Price in Iraq - 2022

Contents:

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

Dried Apricot Price in Iraq (CIF) - 2022

The average dried apricot import price stood at $941 per ton in 2022, falling by -8.8% against the previous year. Over the period under review, the import price showed a noticeable decline. The pace of growth appeared the most rapid in 2013 when the average import price increased by 60% against the previous year. As a result, import price reached the peak level of $2,016 per ton. From 2014 to 2022, the average import prices failed to regain momentum.

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 Uzbekistan ($2,156 per ton), while the price for Tajikistan ($118 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (+4.0%), while the prices for the other major suppliers experienced a decline.

Dried Apricot Price in Iraq (FOB) - 2022

The average dried apricot export price stood at $1,349 per ton in 2022, with a decrease of -40% against the previous year. In general, the export price recorded a slight decline. The pace of growth was the most pronounced in 2017 an increase of 86%. Over the period under review, the average export prices reached the maximum at $2,250 per ton in 2021, and then reduced notably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($1,954 per ton), while the average price for exports to Germany ($1,268 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 Tajikistan (+57.1%), while the prices for the other major destinations experienced a decline.

Dried Apricot Imports in Iraq

In 2022, supplies from abroad of dried apricots increased by 30% to 6.5K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, recorded a abrupt downturn.

In value terms, dried apricot imports skyrocketed to $6.1M in 2022. Over the period under review, imports, however, faced a abrupt shrinkage.

Import of Dried Apricot in Iraq (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Iran1.52.12.93.026.0%
Turkey3.72.61.62.5-12.3%
Uzbekistan2.01.40.30.3-46.9%
Tajikistan0.40.70.30.2-20.6%
Kyrgyzstan0.50.2N/AN/A-60.0%
Afghanistan1.3N/AN/AN/A0%
Others0.10.10.10.10.0%
Total9.57.15.26.1-13.7%

Top Suppliers of Dried Apricot to Iraq in 2022:

  1. Iran (3.3K tons)
  2. Tajikistan (1.8K tons)
  3. Turkey (1.3K tons)
  4. Uzbekistan (0.1K tons)

Dried Apricot Exports in Iraq

In 2022, approx. 112 tons of dried apricots were exported from Iraq; rising by 332% on the previous year's figure. Over the period under review, exports, however, saw a relatively flat trend pattern.

In value terms, dried apricot exports surged to $151K in 2022. Overall, exports saw a moderate increase.

Export of Dried Apricot in Iraq (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey12817641.7125-0.8%
United States13.314.85.412.6-1.8%
Germany0.33.27.69.5216.4%
United KingdomN/AN/AN/A2.90%
UzbekistanN/A48.3N/AN/A0%
OthersN/A1.83.50.5-47.3%
Total14124458.21512.3%

Top Export Markets for Dried Apricot from Iraq in 2022:

  1. Turkey (95.7 tons)
  2. Germany (7.5 tons)
  3. United States (6.4 tons)
  4. United Kingdom (2.0 tons)

Source: IndexBox Market Intelligence Platform

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