Middle East: Apricot Market 2024

Apricot Market Size in the Middle East

The Middle Eastern apricot market rose to $X in 2022, surging by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Apricot Production in the Middle East

In value terms, apricot production amounted to $X in 2022 estimated in export price. The total production indicated a modest expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2017 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Turkey (X tons) remains the largest apricot producing country in the Middle East, comprising approx. X% of total volume. Moreover, apricot production in Turkey exceeded the figures recorded by the second-largest producer, Iran (X tons), threefold. The third position in this ranking was taken by Syrian Arab Republic (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume in Turkey was relatively modest. In the other countries, the average annual rates were as follows: Iran (X% per year) and Syrian Arab Republic (X% per year).

In 2022, the average apricot yield in the Middle East shrank slightly to X tons per ha, approximately mirroring 2021 figures. Overall, the yield continues to indicate a slight decline. The most prominent rate of growth was recorded in 2017 with an increase of X%. As a result, the yield reached the peak level of X tons per ha. From 2018 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.

In 2022, approx. X ha of apricots were harvested in the Middle East; approximately equating the previous year. The harvested area increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. The level of harvested area peaked at X ha in 2020; however, from 2021 to 2022, the harvested area stood at a somewhat lower figure.

Apricot Exports

Exports in the Middle East

In 2022, shipments abroad of apricots increased by X% to X tons, rising for the third consecutive year after two years of decline. Overall, exports recorded a resilient increase. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. The volume of export peaked in 2022 and is likely to continue growth in years to come.

In value terms, apricot exports soared to $X in 2022. Over the period under review, exports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. The level of export peaked in 2022 and is likely to see steady growth in the near future.

Exports by Country

Turkey dominates exports structure, finishing at X tons, which was near X% of total exports in 2022. Jordan (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Lebanon (X%) and Iran (X%). The following exporters - the United Arab Emirates (X tons) and Syrian Arab Republic (X tons) - each reached a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to apricot exports from Turkey stood at X%. At the same time, the United Arab Emirates (X%), Lebanon (X%), Iran (X%) and Jordan (X%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of X% from 2012-2022. By contrast, Syrian Arab Republic (X%) illustrated a downward trend over the same period. Lebanon (X p.p.), Iran (X p.p.) and Jordan (X p.p.) significantly strengthened its position in terms of the total exports, while Syrian Arab Republic and Turkey saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest apricot supplier in the Middle East, comprising X% of total exports. The second position in the ranking was taken by Jordan ($X), with a X% share of total exports. It was followed by Iran, with a X% share.

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

Export Prices by Country

In 2022, the export price in the Middle East amounted to $X per ton, remaining relatively unchanged 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 2013 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

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

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

Apricot Imports

Imports in the Middle East

After two years of decline, overseas purchases of apricots increased by X% to X tons in 2022. Overall, imports continue to indicate strong growth. The most prominent rate of growth was recorded in 2015 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 remained at a lower figure.

In value terms, apricot imports dropped to $X in 2022. In general, imports posted prominent growth. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. The level of import peaked at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Iraq was the major importing country with an import of about X tons, which recorded X% of total imports. Saudi Arabia (X tons) ranks second in terms of the total imports with a X% share, followed by the United Arab Emirates (X%). Oman (X tons), Kuwait (X tons), Bahrain (X tons) and Syrian Arab Republic (X tons) took a relatively small share of total imports.

Iraq was also the fastest-growing in terms of the apricots imports, with a CAGR of X% from 2012 to 2022. At the same time, Oman (X%), Bahrain (X%), Syrian Arab Republic (X%), the United Arab Emirates (X%) and Saudi Arabia (X%) displayed positive paces of growth. By contrast, Kuwait (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Iraq and Kuwait increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Iraq ($X), Saudi Arabia ($X) and the United Arab Emirates ($X) were the countries with the highest levels of imports in 2022, together comprising X% of total imports. Kuwait, Oman, Bahrain and Syrian Arab Republic lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Oman, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the Middle East stood at $X per ton in 2022, which is down by X% against the previous year. Overall, the import price showed a mild contraction. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Kuwait ($X per ton), while Syrian Arab Republic ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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