Dried Apricot Price in Jordan - 2022
Contents:
- Dried Apricot Price in Jordan (CIF) - 2022
- Dried Apricot Price in Jordan (FOB) - 2022
- Dried Apricot Imports in Jordan
- Dried Apricot Exports in Jordan
Dried Apricot Price in Jordan (CIF) - 2022
The average dried apricot import price stood at $6,347 per ton in 2022, with an increase of 51% against the previous year. Overall, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +4.0% 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 +99.0% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Turkey.
From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to +4.1% per year.
Dried Apricot Price in Jordan (FOB) - 2022
The average dried apricot export price stood at $4,304 per ton in 2022, flattening at the previous year. Overall, the export price, however, saw a buoyant expansion. The pace of growth appeared the most rapid in 2018 when the average export price increased by 102% against the previous year. As a result, the export price reached the peak level of $5,347 per ton. From 2019 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($5,057 per ton), while the average price for exports to Malaysia ($2,000 per ton) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (-5.8%).
Dried Apricot Imports in Jordan
In 2022, dried apricot imports into Jordan reduced notably to 167 tons, shrinking by -32% compared with the previous year's figure. Over the period under review, imports recorded a drastic downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 17%. As a result, imports attained the peak of 246 tons, and then declined sharply in the following year.
In value terms, dried apricot imports totaled $1.1M in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +11.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +46.2% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 43%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
| Import of Dried Apricot in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 775 | 713 | 1,035 | 1,059 | 11.0% |
| Others | 1.5 | 13.5 | N/A | 2.6 | 20.1% |
| Total | 777 | 726 | 1,035 | 1,062 | 11.0% |
Top Suppliers of Dried Apricot to Jordan in 2022:
- Turkey (166.9 tons)
Dried Apricot Exports in Jordan
Dried apricot exports from Jordan reduced rapidly to 227 kg in 2022, which is down by -49.8% against 2021. Overall, exports faced a sharp descent.
In value terms, dried apricot exports declined significantly to $977 in 2022. Over the period under review, exports faced a dramatic shrinkage.
| Export of Dried Apricot in Jordan (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| United Arab Emirates | N/A | 713 | 0% | ||
| Norway | 1,481 | 255 | -82.8% | ||
| Malaysia | N/A | 8.0 | 0% | ||
| Netherlands | 454 | N/A | 0% | ||
| Others | 16.0 | 1.0 | -93.8% | ||
| Total | 1,951 | 977 | -49.9% | ||
Top Export Markets for Dried Apricot from Jordan in 2022:
- United Arab Emirates (141.0 kg)
- Norway (81.0 kg)
- Malaysia (4.0 kg)
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