Portugal - Apricots (Dry) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingDried Apricot Price in Portugal - 2023
Contents:
- Dried Apricot Price in Portugal (CIF) - 2022
- Dried Apricot Price in Portugal (FOB) - 2022
- Dried Apricot Imports in Portugal
- Dried Apricot Exports in Portugal
Dried Apricot Price in Portugal (CIF) - 2022
In 2022, the average dried apricot import price amounted to $7,113 per ton, rising by 35% against the previous year. Over the period under review, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +7.2% 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 +104.3% against 2017 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 36% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.
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 Spain ($8,122 per ton), while the price for the Netherlands ($4,732 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+7.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Dried Apricot Price in Portugal (FOB) - 2022
In 2022, the average dried apricot export price amounted to $8,621 per ton, surging by 49% against the previous year. Over the period under review, the export price, however, showed a mild reduction. The most prominent rate of growth was recorded in 2020 an increase of 75%. The export price peaked at $9,731 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Angola ($9,925 per ton) and Mozambique ($9,743 per ton), while the average price for exports to Cabo Verde ($7,624 per ton) and Turkey ($7,845 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cabo Verde (+1.9%), while the prices for the other major destinations experienced more modest paces of growth.
Dried Apricot Imports in Portugal
In 2022, overseas purchases of dried apricots decreased by -1.9% to 221 tons, falling for the second year in a row after two years of growth. Overall, imports continue to indicate a pronounced reduction. The pace of growth appeared the most rapid in 2020 with an increase of 3.9%. As a result, imports reached the peak of 257 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, dried apricot imports soared to $1.6M in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +19.0% 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 +68.4% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Dried Apricot in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 395 | 459 | 518 | 1,030 | 37.6% |
| Spain | 331 | 357 | 457 | 364 | 3.2% |
| France | 109 | 107 | 128 | 101 | -2.5% |
| Netherlands | 6.0 | 9.4 | 34.2 | 71.9 | 128.8% |
| Belgium | 90.3 | 62.9 | 30.7 | N/A | -41.7% |
| Others | 0.9 | 3.5 | 21.0 | 2.4 | 38.7% |
| Total | 932 | 998 | 1,188 | 1,570 | 19.0% |
Top Suppliers of Dried Apricot to Portugal in 2022:
- Turkey (144.7 tons)
- Spain (44.9 tons)
- France (15.5 tons)
- Netherlands (15.2 tons)
Dried Apricot Exports in Portugal
In 2022, exports of dried apricots from Portugal skyrocketed to 2.9 tons, picking up by 181% compared with 2021. Over the period under review, exports, however, showed a dramatic decline.
In value terms, dried apricot exports soared to $25K in 2022. Overall, exports, however, faced a precipitous slump.
| Export of Dried Apricot in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 57.6 | N/A | N/A | 7.8 | -48.6% |
| Cabo Verde | 1.1 | 1.6 | 2.0 | 7.1 | 86.2% |
| Angola | 10.1 | 0.6 | 1.0 | 6.8 | -12.4% |
| Mozambique | 0.4 | 0.2 | 0.4 | 2.0 | 71.0% |
| Others | 1.9 | 0.6 | 2.7 | 1.5 | -7.6% |
| Total | 71.1 | 3.0 | 6.0 | 25.3 | -29.1% |
Top Export Markets for Dried Apricot from Portugal in 2022:
- Turkey (1000.0 kg)
- Cabo Verde (934.0 kg)
- Angola (690.0 kg)
- Mozambique (202.0 kg)
This report provides an in-depth analysis of the dried apricot market in Portugal. 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:
- Portugal
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Portugal
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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