Dried Apricot Price in Serbia - 2023

Contents:

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

Dried Apricot Price in Serbia (CIF) - 2022

The average dried apricot import price stood at $5,266 per ton in 2022, picking up by 31% against the previous year. Over the period under review, the import price showed resilient growth. The pace of growth was the most pronounced in 2014 when the average import price increased by 96% against the previous year. As a result, import price attained the peak level of $5,311 per ton; afterwards, it flattened through to 2022.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($5,283 per ton), while the price for Iran stood at $4,841 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (+54.4%).

Dried Apricot Price in Serbia (FOB) - 2022

The average dried apricot export price stood at $7,134 per ton in 2022, rising by 13% against the previous year. In general, the export price, however, saw a deep reduction. The pace of growth was the most pronounced in 2014 when the average export price increased by 73%. As a result, the export price attained the peak level of $20,816 per ton. From 2015 to 2022, the average 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 Slovakia ($26,358 per ton), while the average price for exports to Hungary ($5,609 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 North Macedonia (+12.9%), while the prices for the other major destinations experienced more modest paces of growth.

Dried Apricot Imports in Serbia

In 2022, overseas purchases of dried apricots decreased by -24.4% to 254 tons, falling for the second year in a row after two years of growth. In general, imports faced a drastic downturn. The growth pace was the most rapid in 2020 with an increase of 6.9% against the previous year. As a result, imports attained the peak of 438 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, dried apricot imports contracted to $1.3M in 2022. The total import value increased at an average annual rate of +12.7% 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 2020 when imports increased by 29% against the previous year.

Top Suppliers of Dried Apricot to Serbia in 2022:

1. Turkey (241.1 tons)
2. Iran (11.5 tons)

Dried Apricot Exports in Serbia

In 2022, overseas shipments of dried apricots decreased by -9.8% to 52 tons, falling for the second consecutive year after two years of growth. In general, exports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2020 with an increase of 14%. As a result, the exports attained the peak of 78 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, dried apricot exports rose modestly to $369K in 2022. The total export value increased at an average annual rate of +6.4% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2020 with an increase of 24% against the previous year. As a result, the exports attained the peak of $380K. From 2021 to 2022, the growth of the exports remained at a lower figure.

Top Export Markets for Dried Apricot from Serbia in 2022:

1. Greece (26.4 tons)
2. Hungary (15.2 tons)
3. Montenegro (6.2 tons)
4. Czech Republic (1.5 tons)
5. Slovakia (1.1 tons)
6. North Macedonia (0.3 tons)

Source: IndexBox Market Intelligence Platform