Qatar: Apricot Market Overview 2021

Apricot Market Size in Qatar

In 2019, the Qatari apricot market was finally on the rise to reach $X for the first time since 2016, thus ending a two-year declining trend. In general, consumption recorded strong growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Apricot Exports

Exports from Qatar

For the thirteenth year in a row, Qatar recorded growth in shipments abroad of apricots, which increased by X% to X tonnes in 2019. Over the period under review, exports showed a significant expansion. The growth pace was the most rapid in 2018 with an increase of X% y-o-y. Over the period under review, exports hit record highs in 2019 and are likely to see gradual growth in years to come.

In value terms, apricot exports reached $X in 2019. In general, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. Exports peaked in 2019 and are likely to continue growth in years to come.

Exports by Country

Maldives (X tonnes) was the main destination for apricot exports from Qatar, accounting for a approx. X% share of total exports.

From 2007 to 2019, the average annual rate of growth in terms of volume to Maldives stood at +X%.

In value terms, Maldives ($X) also remains the key foreign market for apricot exports from Qatar.

From 2007 to 2019, the average annual growth rate of value to Maldives totaled +X%.

Export Prices by Country

In 2019, the average apricot export price amounted to $X per tonne, almost unchanged from the previous year. In general, the export price, however, recorded a relatively flat trend pattern. Over the period under review, average export prices attained the maximum at $X per tonne in 2017; afterwards, it flattened through to 2019.

As there is only one major export destination, the average price level is determined by prices for Maldives.

From 2007 to 2019, the rate of growth in terms of prices for Maldives amounted to -X% per year.

Apricot Imports

Imports into Qatar

In 2019, purchases abroad of apricots was finally on the rise to reach X tonnes after two years of decline. In general, imports continue to indicate a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, apricot imports surged to $X in 2019. Over the period under review, imports saw a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Pakistan (X tonnes), Lebanon (X tonnes) and Turkey (X tonnes) were the main suppliers of apricot imports to Qatar, together accounting for X% of total imports. These countries were followed by Iran, Saudi Arabia, Tunisia, Jordan and Morocco, which together accounted for a further X 2007 to 2019, the biggest increases were in Morocco, while purchases for the other leaders experienced more modest paces of growth.

In value terms, Lebanon ($X), Pakistan ($X) and Tunisia ($X) were the largest apricot suppliers to Qatar, together accounting for X% of total imports. Turkey, Morocco, Iran, Saudi Arabia and Jordan lagged somewhat behind, together accounting for a further X terms of the main suppliers, Morocco (+X% per year) recorded the highest rates of growth with regard to 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

In 2019, the average apricot import price amounted to $X per tonne, picking up by X% against the previous year. Over the last twelve years, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2008 when the average import price increased by X% y-o-y. The import price peaked in 2019 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Tunisia ($X per tonne), while the price for Pakistan ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Lebanon, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for apricots in the world?

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The countries with the highest volumes of apricot consumption in 2019 were Turkey (813K tonnes), Uzbekistan (479K tonnes) and Iran (329K tonnes), together comprising 39% of global consumption.

What are the largest producers of apricots in the world?

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The countries with the highest volumes of apricot production in 2019 were Turkey (847K tonnes), Uzbekistan (537K tonnes) and Iran (330K tonnes), with a combined 41% share of global production.

What are the leading suppliers of apricots to Qatar?

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In value terms, Lebanon ($271K), Pakistan ($150K) and Tunisia ($135K) constituted the largest apricot suppliers to Qatar, together comprising 47% of total imports. Turkey, Morocco, Iran, Saudi Arabia and Jordan lagged somewhat behind, together accounting for a further 33%.

What are the leading importers of apricots from Qatar?

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In value terms, Maldives ($73K) remains the key foreign market for apricot exports from Qatar.

What is the average export price for apricots in Qatar?

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In 2019, the average apricot export price amounted to $3,562 per tonne, standing approx. at the previous year.

What is the average import price for apricots in Qatar?

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In 2019, the average apricot import price amounted to $1,827 per tonne, growing by 26% against the previous year.