Russian Federation - Apricots (Dry) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

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

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Dried Apricot Price in Russia - 2022

Contents:

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

Dried Apricot Price in Russia (CIF) - 2022

The average dried apricot import price stood at $3,519 per ton in January 2022, growing by 16% against the previous month. Overall, the import price showed a buoyant increase. The pace of growth was the most pronounced in September 2021 an increase of 98% month-to-month. The import price peaked in January 2022.

Prices varied noticeably by the country of origin: the country with the highest price was Uzbekistan ($3,917 per ton), while the price for Afghanistan ($2,450 per ton) was amongst the lowest.

From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Dried Apricot Price in Russia (FOB) - 2022

The average dried apricot export price stood at $1,157 per ton in 2022, falling by -23.2% against the previous year. Overall, the export price saw a abrupt decline. The most prominent rate of growth was recorded in 2017 when the average export price increased by 8.6% against the previous year. Over the period under review, the average export prices hit record highs at $3,147 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($1,646 per ton), while the average price for exports to Estonia ($432 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 Turkey (-5.4%), while the prices for the other major destinations experienced a decline.

Dried Apricot Imports in Russia

In 2022, supplies from abroad of dried apricots was finally on the rise to reach 11K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, saw a deep contraction.

In value terms, dried apricot imports reduced to $19M in 2022. Overall, imports, however, recorded a mild decline. The pace of growth was the most pronounced in 2021 with an increase of 15% against the previous year. As a result, imports attained the peak of $21M, and then dropped in the following year.

Import of Dried Apricot in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey12.68.810.511.0-4.4%
Tajikistan1.82.85.76.855.7%
Uzbekistan2.13.01.90.8-27.5%
AfghanistanN/AN/A0.20.7250.0%
Belarus3.43.22.2N/A-19.6%
Others0.50.20.30.1-41.5%
Total20.418.020.719.4-1.7%

Top Suppliers of Dried Apricot to Russia in 2022:

  1. Turkey (6.2K tons)
  2. Tajikistan (3.7K tons)
  3. Afghanistan (0.6K tons)
  4. Uzbekistan (0.4K tons)

Dried Apricot Exports in Russia

For the fourth year in a row, Russia recorded growth in overseas shipments of dried apricots, which increased by 17% to 710 tons in 2022. In general, exports posted significant growth. The growth pace was the most rapid in 2020 when exports increased by 276%. The exports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, dried apricot exports shrank to $822K in 2022. Over the period under review, exports saw a significant increase. The growth pace was the most rapid in 2020 when exports increased by 218%.

Export of Dried Apricot in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
TurkeyN/A98.287.5478120.6%
Kazakhstan13.2365213286178.8%
EstoniaN/A23.418.910.7-32.4%
Mongolia4.618.547.3N/A220.7%
Belarus7.9195511N/A704.3%
Kyrgyzstan198N/AN/AN/A0%
Others4.627.438.947.7118.1%
Total22872791682253.3%

Top Export Markets for Dried Apricot from Russia in 2022:

  1. Turkey (470.8 tons)
  2. Kazakhstan (173.6 tons)
  3. Estonia (24.7 tons)

Source: IndexBox Market Intelligence Platform

  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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