South Africa: Dried Apricot Market 2020

Dried Apricot Market Size in South Africa

The revenue of the dried apricot market in South Africa amounted to $X in 2017, growing by X% against the previous year. Overall, dried apricot consumption continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015, with an increase of X% y-o-y. In that year, the dried apricot market attained their peak level of $X. From 2016 to 2017, growth of the dried apricot market stood at a somewhat lower level.

Dried Apricot Production in South Africa

Dried apricot production in South Africa stood at X tons in 2017, approximately reflecting the previous year. Overall, dried apricot production continues to indicate a slight slump. The most prominent rate of growth was recorded in 2009, when it surged by X% against the previous year. Over the period under review, the dried apricot production attained its maximum volume of X tons in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Dried Apricot Exports from South Africa

In 2017, approx. X tons of dried apricots were exported from South Africa; surging by X% against the previous year. The total export volume increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2009, with an increase of X% y-o-y. Over the period under review, the dried apricot exports reached its maximum volume of X tons in 2013; however, from 2014 to 2017, it failed to regain its momentum.

In value terms, dried apricot exports stood at $X in 2017. Overall, the total exports indicated a prominent increase 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 exports increased by +X% against 2015 indices. In that year, the dried apricot exports attained their peak level, and are likely to continue its growth in the immediate term.

Dried Apricot Exports by Country from South Africa

Turkey prevails in dried apricot exports structure, amounting to X tons, which was approx. X% of total exports in 2017. It was distantly followed by Afghanistan (X tons), generating X% share of total exports. France (X tons) 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. 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 ($X) remains the largest dried apricot supplier from South Africa, making up X% of global exports. The second position in the ranking was occupied by Afghanistan ($X), with a X% share of global exports. It was followed by France, with a X% share.

In Turkey, dried apricot exports expanded at an average annual rate of +X% over the period from 2007-2017. 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 South Africa

The dried apricot export price in South Africa stood at $X per ton in 2017, coming up by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2010, when the export prices increased by X% against the previous year. South Africa export price peaked in 2017, and is expected to retain its growth in the immediate term.

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 ($X per ton), while Afghanistan ($X per ton) 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 South Africa

In 2017, the amount of dried apricots imported into South Africa totaled X tons, coming up by X% against the previous year. In general, dried apricot imports continue to indicate a slight descent. The growth pace was the most rapid in 2015, with an increase of X% y-o-y. Over the period under review, the dried apricot imports attained its peak figure volume of X tons in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

In value terms, dried apricot imports amounted to $X in 2017. In general, the total imports indicated a slight growth 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. Over the period under review, the dried apricot imports attained its peak figure level of $X in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Dried Apricot Imports by Country into South Africa

In 2017, the U.S. (X tons), followed by the UK (X tons), Russia (X tons), Ukraine (X tons), Germany (X tons), France (X tons) and Algeria (X tons) were the key importers of dried apricots, together committing X% of total imports. The following importers - Kazakhstan (X tons), Australia (X tons), Iraq (X tons), Egypt (X tons) and Brazil (X tons) together made up X% 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 largest dried apricot markets worldwide were the U.S. ($X), the UK ($X) and Germany ($X), with a combined X% share of total imports. These countries were followed by France, Russia, Australia, Brazil, Kazakhstan, Algeria, Ukraine, Egypt, Iraq and South Africa, which together accounted for a further X%.

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

Dried Apricot Import Prices by Country in South Africa

In 2017, the dried apricot import price in South Africa amounted to $X per ton, approximately mirroring 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 2008, when the import prices increased by X% y-o-y. South Africa import price peaked of $X per ton in 2010; however, from 2011 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 ($X per ton), while Ukraine ($X per ton) 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.

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Source: IndexBox Platform