Report U.S. - Apricots - Market Analysis, Forecast, Size, Trends and Insights for 499$
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U.S. - Apricots - Market Analysis, Forecast, Size, Trends and Insights
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U.S.: Apricot Market 2022

Apricot Market Size in the U.S.

The U.S. apricot market surged to $X in 2021, with an increase of X% against the previous year. Overall, consumption, however, saw a perceptible decline. Apricot consumption peaked at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Apricot Production in the U.S.

In value terms, apricot production surged to $X in 2021. Over the period under review, production, however, recorded a pronounced contraction. The pace of growth appeared the most rapid in 2016 with an increase of X% year-to-year. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

In 2021, the average apricot yield in the United States soared to X tonnes per ha, increasing by X% on the previous year's figure. In general, the yield, however, saw a slight downturn. The pace of growth was the most pronounced in 2019 when the yield increased by X% y-o-y. The apricot yield peaked at X tonnes per ha in 2014; however, from 2015 to 2021, the 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 in the United States fell slightly to X ha in 2021, which is down by -X% against the previous year's figure. Overall, the harvested area saw a pronounced shrinkage. The pace of growth was the most pronounced in 2016 when the harvested area increased by 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 2012; however, from 2013 to 2021, the harvested area failed to regain momentum.

Apricot Exports

Exports from the U.S.

Apricot exports from the United States surged to X tonnes in 2021, picking up by X% against the year before. Overall, exports, however, continue to indicate a mild slump. Over the period under review, the exports hit record highs at X tonnes in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, apricot exports surged to $X in 2021. Over the period under review, exports, however, showed a pronounced decline. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Canada (X tonnes) was the main destination for apricot exports from the United States, with a X% share of total exports. Moreover, apricot exports to Canada exceeded the volume sent to the second major destination, Mexico (X tonnes), threefold. Curacao (X tonnes) ranked third in terms of total exports with an X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Canada stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+X% per year) and Curacao (+X% per year).

In value terms, Canada ($X) remains the key foreign market for apricot exports from the United States, comprising X% of total exports. The second position in the ranking was occupied by Mexico ($X), with a X% share of total exports. It was followed by Curacao, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Canada amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+X% per year) and Curacao (+X% per year).

Export Prices by Country

The average apricot export price stood at $X per tonne in 2021, therefore, remained relatively stable against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of X% y-o-y. As a result, the export price reached the peak level of $X per tonne. From 2018 to 2021, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Canada ($X per tonne), while the average price for exports to Japan ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Apricot Imports

Imports into the U.S.

In 2021, purchases abroad of apricots was finally on the rise to reach X tonnes after two years of decline. Over the period under review, imports, however, showed a abrupt curtailment. The growth pace was the most rapid in 2016 when imports increased by X% y-o-y. Over the period under review, imports attained the maximum at X tonnes in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, apricot imports surged to $X in 2021. Overall, imports, however, continue to indicate a deep slump. The pace of growth was the most pronounced in 2016 when imports increased by X% y-o-y. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Chile (X tonnes) was the main supplier of apricot to the United States, accounting for a X% share of total imports. Moreover, apricot imports from Chile exceeded the figures recorded by the second-largest supplier, New Zealand (X tonnes), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from Chile was relatively modest.

In value terms, Chile ($X) constituted the largest supplier of apricot to the United States, comprising X% of total imports. The second position in the ranking was occupied by New Zealand ($X), with a X% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Chile amounted to +X%.

Import Prices by Country

The average apricot import price stood at $X per tonne in 2021, shrinking by -X% against the previous year. Overall, the import price showed a slight downturn. The pace of growth was the most pronounced in 2014 when the average import price increased by X% y-o-y. As a result, import price reached the peak level of $X per tonne. From 2015 to 2021, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was Chile ($X per tonne), while the price for New Zealand totaled $X per tonne.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Chile (+X%).

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tonnes

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 2021 were Turkey, Uzbekistan and Iran, together accounting for 42% of global consumption. These countries were followed by Italy, Algeria, Russia, France, Pakistan, Afghanistan, Greece, Morocco, Ukraine and Egypt, which together accounted for a further 32%.
What are the largest producers of apricots in the world?
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The countries with the highest volumes of apricot production in 2021 were Turkey, Uzbekistan and Iran, with a combined 44% share of global production. Italy, Algeria, Spain, Afghanistan, Greece, France, Morocco, Pakistan, Egypt and Japan lagged somewhat behind, together comprising a further 33%.
What are the leading suppliers of apricots to the U.S.?
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In value terms, Chile constituted the largest supplier of apricot to the United States, comprising 92% of total imports. The second position in the ranking was occupied by New Zealand, with a 7.4% share of total imports.
What are the leading importers of apricots from the U.S.?
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In value terms, Canada remains the key foreign market for apricot exports from the United States, comprising 64% of total exports. The second position in the ranking was occupied by Mexico, with a 16% share of total exports. It was followed by Curacao, with a 6.4% share.
What is the average export price for apricots in the U.S.?
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The average apricot export price stood at $2,061 per tonne in 2021, remaining stable against the previous year.
What is the average import price for apricots in the U.S.?
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In 2021, the average apricot import price amounted to $3,091 per tonne, with a decrease of -11.5% against the previous year.

This report provides an in-depth analysis of the apricot market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.


Product coverage:
• FCL 526 - Apricots
Country coverage:
• United States

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the U.S.
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2021
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2007–2021
Table 3:
Market Value, 2007–2021
Table 4:
Per Capita Consumption In 2007–2021
Table 5:
Imports, In Physical Terms, By Country, 2007–2021
Table 6:
Imports, In Value Terms, By Country, 2007–2021
Table 7:
Import Prices, By Country Of Origin, 2007–2021
Table 8:
Exports, In Physical Terms, By Country, 2007–2021
Table 9:
Exports, In Value Terms, By Country, 2007–2021
Table 10:
Export Prices, By Country Of Destination, 2007–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2021
Figure 2:
Market Value, 2007–2021
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2021
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2021
Figure 5:
Trade Balance, In Physical Terms, 2007–2021
Figure 6:
Trade Balance, In Value Terms, 2007–2021
Figure 7:
Per Capita Consumption, 2007–2021
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2021
Figure 22:
Production, In Value Terms, 2007–2021
Figure 23:
Area Harvested, 2007–2021
Figure 24:
Yield, 2007–2021
Figure 25:
Imports, In Physical Terms, 2007–2021
Figure 26:
Imports, In Value Terms, 2007–2021
Figure 27:
Imports, In Physical Terms, By Country, 2021
Figure 28:
Imports, In Physical Terms, By Country, 2007–2021
Figure 29:
Imports, In Value Terms, By Country, 2007–2021
Figure 30:
Import Prices, By Country Of Origin, 2007–2021
Figure 31:
Exports, In Physical Terms, 2007–2021
Figure 32:
Exports, In Value Terms, 2007–2021
Figure 33:
Exports, In Physical Terms, By Country, 2021
Figure 34:
Exports, In Physical Terms, By Country, 2007–2021
Figure 35:
Exports, In Value Terms, By Country, 2007–2021
Figure 36:
Export Prices, By Country Of Destination, 2007–2021
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