Dried Apricot Price in Ukraine - 2023

Contents:

  1. Dried Apricot Price in Ukraine (CIF) - 2023
  2. Dried Apricot Price in Ukraine (FOB) - 2022
  3. Dried Apricot Imports in Ukraine
  4. Dried Apricot Exports in Ukraine

Dried Apricot Price in Ukraine (CIF) - 2023

The average dried apricot import price stood at $1,437 per ton in May 2023, increasing by 13% against the previous month. In general, the import price recorded a pronounced expansion. The pace of growth was the most pronounced in July 2022 when the average import price increased by 125% month-to-month. As a result, import price attained the peak level of $2,693 per ton. From August 2022 to May 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In May 2023, the country with the highest price was Turkey ($1,607 per ton), while the price for Tajikistan ($950 per ton) was amongst the lowest.

From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Turkey (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Dried Apricot Price in Ukraine (FOB) - 2022

The average dried apricot export price stood at $1,778 per ton in 2022, waning by -34% against the previous year. Overall, the export price showed a deep downturn. The most prominent rate of growth was recorded in 2021 when the average export price increased by 56%. The export price peaked at $3,808 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($2,389 per ton), while the average price for exports to Cyprus ($880 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 Georgia (+5.0%), while the prices for the other major destinations experienced a decline.

Dried Apricot Imports in Ukraine

In 2022, purchases abroad of dried apricots decreased by -61.3% to 1.9K tons, falling for the second year in a row after two years of growth. Overall, imports faced a dramatic decline. The pace of growth appeared the most rapid in 2020 with an increase of 5.3%. As a result, imports reached the peak of 5.8K tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, dried apricot imports contracted dramatically to $2.7M in 2022. Over the period under review, imports saw a abrupt decrease. The pace of growth appeared the most rapid in 2020 when imports increased by 4.2%.

Import of Dried Apricot in Ukraine (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey3.83.33.32.2-16.7%
Uzbekistan0.81.41.20.2-37.0%
Tajikistan0.30.50.60.2-12.6%
IranN/A0.10.10.10.0%
Others0.1N/A0.1N/A0.0%
Total5.05.25.32.7-18.6%

Top Suppliers of Dried Apricot to Ukraine in 2022:

  1. Turkey (1389.4 tons)
  2. Uzbekistan (221.1 tons)
  3. Tajikistan (208.2 tons)
  4. Iran (62.4 tons)

Dried Apricot Exports in Ukraine

In 2022, shipments abroad of dried apricots decreased by -92.9% to 857 kg, falling for the second consecutive year after two years of growth. Over the period under review, exports saw a drastic downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 1,661%. As a result, the exports reached the peak of 22 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, dried apricot exports declined significantly to $1.5K in 2022. Overall, exports saw a deep contraction. The growth pace was the most rapid in 2020 with an increase of 1,948% against the previous year. As a result, the exports attained the peak of $39K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Dried Apricot in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
MoldovaN/A0.33.31.191.5%
Georgia0.20.20.30.1-20.6%
CyprusN/AN/AN/AN/A0%
Slovakia0.7N/AN/AN/A0%
ChinaN/A3.4N/AN/A0%
HungaryN/A8.9N/AN/A0%
Singapore0.1N/A0.1N/A0.0%
Others0.925.828.80.2-39.4%
Total1.938.532.51.5-7.6%

Top Export Markets for Dried Apricot from Ukraine in 2022:

  1. Moldova (719.0 kg)
  2. Georgia (75.0 kg)
  3. Cyprus (25.0 kg)
  4. Singapore (18.0 kg)

Source: IndexBox Market Intelligence Platform

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