Australia: Dried Apricot Market Overview 2020

Dried Apricot Market Size in Australia

The revenue of the dried apricot market in Australia amounted to $X in 2017, lowering by -X% against the previous year. Overall, dried apricot consumption continues to indicate an abrupt descent. The pace of growth appeared the most rapid in 2016, with an increase of X% y-o-y. Australia dried apricot consumption peaked of $X in 2009; however, from 2010 to 2017, it stood at a somewhat lower level.

Dried Apricot Production in Australia

In 2017, approx. X tonnes of dried apricots were produced in Australia; falling by -X% against the previous year. Overall, dried apricot production continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2013, with an increase of X% year-to-year. Australia dried apricot production peaked of X tonnes in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Dried Apricot Exports from Australia

In 2017, the amount of dried apricots exported from Australia amounted to X tonnes, going up by X% against the previous year. Overall, dried apricot exports continue to indicate a slight downturn. The growth pace was the most rapid in 2016, when it surged by X% y-o-y. Over the period under review, the dried apricot exports reached its maximum volume of X tonnes in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

In value terms, dried apricot exports stood at $X in 2017. In general, dried apricot exports continue to indicate a pronounced deduction. Over the period under review, the dried apricot exports reached its maximum level of $X in 2010; however, from 2011 to 2017, it failed to regain its momentum.

Dried Apricot Exports by Country from Australia

Turkey prevails in dried apricot exports structure, finishing at X tonnes, which was approx. X% of total exports in 2017. It was distantly followed by Afghanistan (X tonnes), mixed up X% share of total exports. France (X tonnes) followed a long way behind the leaders.

Turkey experienced a relatively flat trend pattern of dried apricots exports. At the same time, Afghanistan (+X%) displayed positive paces of growth. Moreover, Afghanistan emerged as the fastest growing exporter in the world, with a CAGR of +X% from 2007-2017. By contrast, France (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Turkey increased by X% percentage points, while Afghanistan (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest dried apricot supplier from Australia, making up X% of global exports. The second position in the ranking was occupied by Afghanistan ($X), with a X% share of global exports. It was followed by France, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Turkey stood at +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Afghanistan (+X% per year) and France (-X% per year).

Dried Apricot Export Prices by Country in Australia

The dried apricot export price in Australia stood at $X per tonne in 2017, declining by -X% against the previous year. Overall, dried apricot export price continues to indicate a slight curtailment. The pace of growth appeared the most rapid in 2010, when the export prices increased by X% against the previous year. In that year, the export prices for dried apricots attained their peak level of $X per kg. From 2011 to 2017, growth of the export prices for dried apricots failed to regain its momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was France ($X per tonne), while Afghanistan ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Turkey (+X% per year), while the other leaders experienced mixed trends in the export price figures.

Dried Apricot Imports into Australia

In 2017, approx. X tonnes of dried apricots were imported into Australia; growing by X% against the previous year. In general, dried apricot imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008, when imports increased by X% year-to-year. Over the period under review, the dried apricot imports attained its maximum volume of X tonnes in 2009; however, from 2010 to 2017, it stood at a somewhat lower level.

In value terms, dried apricot imports amounted to $X in 2017. Overall, the total imports indicated a tangible expansion from 2007 to 2017: its value decreased at an average annual rate of -X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the dried apricot imports decreased by -X% against 2015 indices. Australia imports peaked of $X in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Dried Apricot Imports by Country into Australia

In 2017, the U.S. (X tonnes), followed by the UK (X tonnes), Russia (X tonnes), Ukraine (X tonnes), Germany (X tonnes), France (X tonnes) and Algeria (X tonnes) represented the main importers of dried apricots, together committing X% of total imports. Kazakhstan (X tonnes), Australia (X tonnes), Iraq (X tonnes), Egypt (X tonnes) and Brazil (X tonnes) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Algeria (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), the UK ($X) and Germany ($X) appeared to be the countries with the highest levels of imports in 2017, together accounting for X% of total imports. France, Russia, Australia, Brazil, Kazakhstan, Algeria, Ukraine, Egypt and Iraq lagged somewhat behind, together accounting for a further X%.

Algeria (+X% per year) experienced the highest rates of growth with regard to imports, among the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Dried Apricot Import Prices by Country in Australia

The dried apricot import price in Australia stood at $X per tonne in 2017, dropping by -X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2008, when the import prices increased by X% y-o-y. Over the period under review, the import prices for dried apricots reached its maximum level of $X per tonne in 2015; however, from 2016 to 2017, it failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was Germany ($X per tonne), while Ukraine ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Russia (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform