CIS: Apricot Market 2024

Apricot Market Size in CIS

The CIS apricot market declined modestly to $X in 2022, dropping by X% against the previous year. Overall, consumption recorded a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Apricot Production in CIS

In value terms, apricot production declined to $X in 2022 estimated in export price. Over the period under review, production saw a mild downturn. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

The country with the largest volume of apricot production was Uzbekistan (X tons), accounting for X% of total volume. Moreover, apricot production in Uzbekistan exceeded the figures recorded by the second-largest producer, Russia (X tons), sevenfold. Armenia (X tons) ranked third in terms of total production with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume in Uzbekistan amounted to X%. In the other countries, the average annual rates were as follows: Russia (X% per year) and Armenia (X% per year).

In 2022, the average apricot yield in the CIS shrank to X tons per ha, approximately equating 2021. In general, the yield, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the yield increased by X% against the previous year. As a result, the yield reached the peak level of X tons per ha. From 2016 to 2022, the growth of the apricot yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The apricot harvested area was estimated at X ha in 2022, therefore, remained relatively stable against the previous year. The harvested area increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to apricot production reached the peak figure at X ha in 2015; however, from 2016 to 2022, the harvested area stood at a somewhat lower figure.

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Apricot Exports

Exports in CIS

After two years of decline, overseas shipments of apricots increased by X% to X tons in 2022. Over the period under review, exports, however, saw a slight contraction. The pace of growth appeared the most rapid in 2017 when exports increased by X%. Over the period under review, the exports attained the maximum at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, apricot exports surged to $X in 2022. Overall, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

The shipments of the four major exporters of apricots, namely Kyrgyzstan, Moldova, Uzbekistan and Armenia, represented more than two-thirds of total export. It was distantly followed by Azerbaijan (X tons), mixing up an X% share of total exports. The following exporters - Tajikistan (X tons) and Kazakhstan (X tons) - each finished at a X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Kazakhstan (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Armenia ($X), Uzbekistan ($X) and Moldova ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined X% share of total exports. Azerbaijan, Kyrgyzstan, Tajikistan and Kazakhstan lagged somewhat behind, together accounting for a further X%.

Among the main exporting countries, Kazakhstan, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per ton, rising by X% against the previous year. Overall, the export price recorded a slight increase. The most prominent rate of growth was recorded in 2017 when the export price increased by X%. Over the period under review, the export prices hit record highs at $X per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Armenia ($X per ton), while Kazakhstan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tajikistan (X%), while the other leaders experienced more modest paces of growth.

Apricot Imports

Imports in CIS

In 2022, after two years of decline, there was significant growth in overseas purchases of apricots, when their volume increased by X% to X tons. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, apricot imports skyrocketed to $X in 2022. Over the period under review, imports showed a slight increase. The growth pace was the most rapid in 2017 when imports increased by X%. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

Russia dominates imports structure, accounting for X tons, which was approx. X% of total imports in 2022. It was distantly followed by Kazakhstan (X tons), generating a X% share of total imports. Belarus (X tons) followed a long way behind the leaders.

Russia was also the fastest-growing in terms of the apricots imports, with a CAGR of X% from 2012 to 2022. Belarus (X%) and Kazakhstan (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Russia increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported apricots in the CIS, comprising X% of total imports. The second position in the ranking was taken by Kazakhstan ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in Russia amounted to X%. In the other countries, the average annual rates were as follows: Kazakhstan (X% per year) and Belarus (X% per year).

Import Prices by Country

In 2022, the import price in the CIS amounted to $X per ton, jumping by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2017 when the import price increased by X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Belarus ($X per ton), while Kazakhstan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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