Belgium: Dried Apricot Market Overview 2020

Dried Apricot Market Size in Belgium

The revenue of the dried apricot market in Belgium amounted to $X in 2017, declining by -X% against the previous year. In general, dried apricot consumption continues to indicate a moderate expansion. The most prominent rate of growth was recorded in 2009, when it surged by X% y-o-y. In that year, the dried apricot market reached their peak level of $X. From 2010 to 2017, growth of the dried apricot market failed to regain its momentum.

Dried Apricot Production in Belgium

In 2017, approx. X kg of dried apricots were produced in Belgium; therefore, remained relatively stable against the previous year. In general, dried apricot production continues to indicate a relatively flat trend pattern.

Dried Apricot Exports from Belgium

Dried apricot exports from Belgium totaled X tonnes in 2017, going up by X% against the previous year. In general, dried apricot exports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2014, when it surged by X% y-o-y. In that year, the dried apricot exports reached their peak volume of X tonnes. From 2015 to 2017, growth of the dried apricot exports stood at a somewhat lower level.

In value terms, dried apricot exports totaled $X in 2017. Overall, dried apricot exports continue to indicate a remarkable expansion. In that year, the dried apricot exports reached their peak level of $X. From 2015 to 2017, growth of the dried apricot exports failed to regain its momentum.

Dried Apricot Exports by Country from Belgium

Turkey dominates dried apricot exports structure, amounting to X tonnes, which was near X% of total exports in 2017. It was distantly followed by Afghanistan (X tonnes), achieving X% share of total exports. France (X tonnes) took the weak share of total exports.

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. Turkey (X%) significantly strengthened its position in terms of the global exports, while Afghanistan saw its share reduced by -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2007 to 2017, the average annual rate of growth in terms of value in Turkey amounted to +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 Belgium

In 2017, the dried apricot export price in Belgium amounted to $X per tonne, falling by -X% against the previous year. In general, the export price indicated a moderate increase from 2007 to 2017: its price increased 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 export price decreased by -X% against 2014 indices. The most prominent rate of growth was recorded in 2014, when the export prices increased by X% year-to-year. In that year, the export prices for dried apricots attained their peak level of $X per tonne. From 2015 to 2017, growth of the export prices for dried apricots stood at a somewhat lower level.

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 Belgium

Dried apricot imports into Belgium stood at X tonnes in 2017, going down by -X% against the previous year. The total import volume increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. The most prominent rate of growth was recorded in 2013, when imports increased by X% against the previous year. In that year, the dried apricot imports reached their peak volume of X tonnes. From 2014 to 2017, growth of the dried apricot imports failed to regain its momentum.

In value terms, dried apricot imports stood at $X in 2017. Overall, the total imports indicated a temperate growth from 2007 to 2017: its value increased 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 2014 indices. Over the period under review, the dried apricot imports reached its peak figure level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Dried Apricot Imports by Country into Belgium

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) occupied the slight share of total imports.

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, Belgium, Egypt and Iraq lagged somewhat behind, together accounting for a further X%.

Algeria (+X% per year) experienced the highest growth rate of imports, in terms of 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 Belgium

The dried apricot import price in Belgium stood at $X per tonne in 2017, shrinking by -X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2014, when it surged by X% y-o-y. Belgium import price peaked of $X per tonne in 2015; however, from 2016 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, 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 AI Platform