U.S. - Apricots (Dry) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingDried Apricot Price in the United States - 2023
Contents:
- Dried Apricot Price in the United States (CIF) - 2023
- Dried Apricot Price in the United States (FOB) - 2023
- Dried Apricot Imports in the United States
- Dried Apricot Exports in the United States
Dried Apricot Price in the United States (CIF) - 2023
In July 2023, the average dried apricot import price amounted to $5,669 per ton, increasing by 15% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +4.2%. The pace of growth was the most pronounced in August 2022 when the average import price increased by 29% m-o-m. The import price peaked at $5,728 per ton in May 2023; afterwards, it flattened through to July 2023.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Turkey ($6,284 per ton), while the price for South Africa ($1,780 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Uzbekistan (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Dried Apricot Price in the United States (FOB) - 2023
The average dried apricot export price stood at $3,898 per ton in July 2023, growing by 20% against the previous month. In general, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in October 2022 an increase of 99% month-to-month. Over the period under review, the average export prices attained the peak figure at $12,577 per ton in November 2022; however, from December 2022 to July 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In July 2023, the country with the highest price was Canada ($6,096 per ton), while the average price for exports to South Korea ($1,690 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+49.6%), while the prices for the other major destinations experienced more modest paces of growth.
Dried Apricot Imports in the United States
For the fourth consecutive year, the United States recorded growth in purchases abroad of dried apricots, which increased by 16% to 18K tons in 2022. The total import volume increased at an average annual rate of +13.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, dried apricot imports soared to $84M in 2022. In general, imports showed a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 44% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Dried Apricot in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 37.0 | 42.0 | 60.5 | 82.4 | 30.6% |
| Others | 1.9 | 1.1 | 1.5 | 1.9 | 0.0% |
| Total | 38.9 | 43.1 | 62.0 | 84.3 | 29.4% |
Top Suppliers of Dried Apricot to the United States in 2022:
- Turkey (17.7K tons)
Dried Apricot Exports in the United States
In 2022, after three years of growth, there was significant decline in overseas shipments of dried apricots, when their volume decreased by -22.4% to 1.4K tons. The total export volume increased at an average annual rate of +1.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 30% against the previous year. As a result, the exports reached the peak of 1.8K tons, and then fell dramatically in the following year.
In value terms, dried apricot exports shrank markedly to $6.1M in 2022. Overall, exports recorded a slight contraction. The pace of growth appeared the most rapid in 2021 with an increase of 45% against the previous year. As a result, the exports reached the peak of $8.1M, and then declined sharply in the following year.
| Export of Dried Apricot in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 1,249 | 1,006 | 1,327 | 1,456 | 5.2% |
| Canada | 809 | 641 | 875 | 925 | 4.6% |
| Israel | 1,285 | 945 | 1,350 | 810 | -14.3% |
| Vietnam | N/A | 734 | 618 | 498 | -17.6% |
| Turkey | 240 | 122 | 149 | 336 | 11.9% |
| Spain | 14.1 | 242 | 164 | 249 | 160.4% |
| Australia | 371 | 523 | 404 | 227 | -15.1% |
| New Zealand | 85.8 | N/A | 223 | 186 | 29.4% |
| Singapore | 67.7 | 190 | 344 | 141 | 27.7% |
| France | N/A | N/A | 37.8 | 120 | 217.5% |
| United Arab Emirates | 12.7 | 118 | 71.8 | 103 | 100.9% |
| United Kingdom | 42.0 | 48.6 | 41.8 | 94.0 | 30.8% |
| South Korea | 71.3 | 46.3 | 113 | 63.7 | -3.7% |
| Others | 2,246 | 931 | 2,334 | 926 | -25.6% |
| Total | 6,493 | 5,547 | 8,052 | 6,135 | -1.9% |
Top Export Markets for Dried Apricot from the United States in 2022:
- Japan (385.4 tons)
- Canada (123.8 tons)
- Vietnam (116.1 tons)
- Spain (104.9 tons)
- Israel (96.0 tons)
- Australia (88.9 tons)
- Turkey (83.2 tons)
- New Zealand (59.0 tons)
- United Kingdom (50.2 tons)
- France (38.3 tons)
- Singapore (33.0 tons)
- United Arab Emirates (29.7 tons)
- South Korea (27.3 tons)
This report provides an in-depth analysis of the dried apricot market in the USA. 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 States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the USA
- 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
-
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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