U.S.: Dried Apricot Market Overview 2020

Dried Apricot Market Size in the USA

The revenue of the dried apricot market in the U.S. amounted to $X in 2017, increasing by X% against the previous year. The market value increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2017, with an increase of X% against the previous year. Over the period under review, the dried apricot market attained its peak figure level of $X in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

Dried Apricot Production in the USA

Dried apricot production in the U.S. totaled X tonnes in 2017, jumping by X% against the previous year. Overall, the total output indicated a remarkable increase from 2007 to 2017: its volume 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 production increased by +X% against 2007 indices. The most prominent rate of growth was recorded in 2011, when it surged by X% year-to-year. Over the period under review, the dried apricot production reached its maximum volume in 2017, and is expected to retain its growth in the near future.

Dried Apricot Exports in the USA

Dried apricot exports from the U.S. stood at X tonnes in 2017, going up by X% against the previous year. Overall, the total exports indicated a moderate growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2017, when exports increased by X% y-o-y. Over the period under review, the dried apricot exports attained its peak figure volume of X tonnes in 2014; however, from 2015 to 2017, it failed to regain its momentum.

In value terms, dried apricot exports amounted to $X in 2017. The total export value increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. Over the period under review, the dried apricot exports reached its peak figure level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Dried Apricot Exports by Country in the USA

Turkey dominates dried apricot exports structure, finishing at X tonnes, which was approx. X% of total exports in 2017. It was distantly followed by Afghanistan (X tonnes), comprising X% share of total exports. France (X tonnes) 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. While the share of Turkey (X%) increased significantly in terms of the global exports from 2007-2017, the share of Afghanistan (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest dried apricot supplier from the U.S., making up X% of global exports. The second position in the ranking was occupied by Afghanistan ($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 stood at +X%. In the other countries, the average annual rates were as follows: Afghanistan (+X% per year) and France (-X% per year).

Dried Apricot Export Prices by Country in the USA

In 2017, the dried apricot export price in the U.S. amounted to $X per tonne, reducing by -X% against the previous year. Overall, dried apricot export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2010, when it surged by X% year-to-year. The U.S. export price peaked of $X per tonne in 2016, and then declined slightly in the following year.

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 in the USA

In 2017, dried apricot imports into the U.S. amounted to X tonnes, picking up by X% against the previous year. Overall, dried apricot imports continue to indicate a slight curtailment. The pace of growth appeared the most rapid in 2011, with an increase of X% against the previous year. In that year, the dried apricot imports reached their peak volume of X tonnes. From 2012 to 2017, growth of the dried apricot imports failed to regain its momentum.

In value terms, dried apricot imports totaled $X in 2017. The total import value 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 U.S. imports peaked of $X in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Dried Apricot Imports by Country in the USA

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 key 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) took the minor 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 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 and Iraq, which together accounted 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 the USA

In 2017, the dried apricot import price in the U.S. amounted to $X per tonne, coming down by -X% against the previous year. Overall, the import price indicated a moderate expansion 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 import price decreased by -X% against 2015 indices. The pace of growth appeared the most rapid in 2014, an increase of X% year-to-year. The U.S. import price peaked of $X per tonne in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

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