United Kingdom - Apricots (Dry) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingDried Apricot Price in the UK - 2023
Contents:
- Dried Apricot Price in the UK (CIF) - 2023
- Dried Apricot Price in the UK (FOB) - 2022
- Dried Apricot Imports in the UK
- Dried Apricot Exports in the UK
Dried Apricot Price in the UK (CIF) - 2023
In May 2023, the average dried apricot import price amounted to $5,763 per ton, declining by -7.2% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in August 2022 an increase of 17% month-to-month. As a result, import price reached the peak level of $6,302 per ton. From September 2022 to May 2023, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Turkey.
From May 2022 to May 2023, the rate of growth in terms of prices for Turkey amounted to +0.2% per month.
Dried Apricot Price in the UK (FOB) - 2022
In 2022, the average dried apricot export price amounted to $2,276 per ton, waning by -50.1% against the previous year. Overall, the export price recorded a deep downturn. The most prominent rate of growth was recorded in 2014 when the average export price increased by 17% against the previous year. Over the period under review, the average export prices hit record highs at $6,824 per ton in 2015; however, from 2016 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 the United Arab Emirates ($8,528 per ton), while the average price for exports to Afghanistan ($1,642 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 Germany (+6.6%), while the prices for the other major destinations experienced more modest paces of growth.
Dried Apricot Imports in the UK
In 2022, purchases abroad of dried apricots decreased by -0.6% to 7.3K tons, falling for the second consecutive year after two years of growth. In general, imports saw a slight shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 8.3% against the previous year. As a result, imports reached the peak of 8.2K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, dried apricot imports skyrocketed to $40M in 2022. Overall, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +20.1% 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 +73.1% 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 the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 18.8 | 23.5 | 26.4 | 38.7 | 27.2% |
| Italy | 1.0 | 0.6 | 0.6 | 0.7 | -11.2% |
| France | 2.9 | 0.7 | 0.3 | 0.2 | -59.0% |
| Others | 0.6 | 0.9 | 0.9 | 0.6 | 0.0% |
| Total | 23.2 | 25.8 | 28.3 | 40.1 | 20.0% |
Top Suppliers of Dried Apricot to the UK in 2022:
- France (undefinedK tons)
- Turkey (7.0K tons)
- Italy (0.1K tons)
Dried Apricot Exports in the UK
In 2022, the amount of dried apricots exported from the UK skyrocketed to 310 tons, increasing by 34% on 2021 figures. Overall, exports, however, showed a slight decline.
In value terms, dried apricot exports fell sharply to $706K in 2022. In general, exports, however, saw a abrupt contraction. The most prominent rate of growth was recorded in 2020 with an increase of 11% against the previous year. As a result, the exports attained the peak of $1.5M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Dried Apricot in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 520 | 679 | 388 | 316 | -15.3% |
| Netherlands | 178 | 155 | 172 | 119 | -12.6% |
| Turkey | 4.8 | 83.3 | 91.1 | 38.4 | 100.0% |
| United Arab Emirates | 22.9 | 5.1 | 13.1 | 37.2 | 17.6% |
| France | 172 | 152 | 27.5 | 24.5 | -47.8% |
| Iceland | 22.1 | 22.4 | 69.2 | 23.8 | 2.5% |
| Germany | 54.1 | 49.9 | 2.9 | 15.1 | -34.6% |
| Italy | 71.4 | 45.3 | 147 | 14.8 | -40.8% |
| Poland | 58.3 | 32.8 | 1.4 | 8.0 | -48.4% |
| Afghanistan | N/A | N/A | N/A | 5.1 | 0% |
| Greece | 49.0 | 49.3 | 45.7 | N/A | -3.4% |
| Others | 190 | 223 | 99.0 | 103 | -18.5% |
| Total | 1,343 | 1,497 | 1,057 | 706 | -19.3% |
Top Export Markets for Dried Apricot from the UK in 2022:
- Ireland (56.3 tons)
- Netherlands (23.5 tons)
- Turkey (15.7 tons)
- United Arab Emirates (4.4 tons)
- Afghanistan (3.1 tons)
- Iceland (3.1 tons)
- France (3.0 tons)
- Italy (2.8 tons)
- Germany (2.3 tons)
- Poland (1.0 tons)
This report provides an in-depth analysis of the dried apricot market in the UK. 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:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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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