Report U.S. - Apricots - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update: Sep 1, 2023

U.S. - Apricots - Market Analysis, Forecast, Size, Trends and Insights

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U.S.: Apricot Market 2023

Apricot Market Size in the U.S.

The U.S. apricot market fell to $X in 2022, reducing by -10% against the previous year. Over the period under review, consumption recorded a abrupt descent. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Apricot Production in the U.S.

In value terms, apricot production dropped to $X in 2022. Overall, production saw a abrupt curtailment. The pace of growth was the most pronounced in 2016 with an increase of 43%. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

The average yield of apricots in the United States dropped remarkably to X tons per ha in 2022, waning by -18.1% compared with 2021 figures. Over the period under review, the yield continues to indicate a slight curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 51%. Over the period under review, the average apricot yield reached the maximum level at X tons per ha in 2014; however, from 2015 to 2022, the yield stood at a somewhat lower figure. 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 rose notably to X ha in 2022, increasing by 6.6% against the previous year's figure. Overall, the harvested area, however, continues to indicate a noticeable contraction. The most prominent rate of growth was recorded in 2016 when the harvested area increased by 14%. The apricot harvested area peaked at X ha in 2012; however, from 2013 to 2022, the harvested area failed to regain momentum.

Apricot Exports

Exports from the U.S.

In 2022, approx. X tons of apricots were exported from the United States; shrinking by -18% against 2021 figures. In general, exports showed a perceptible descent. The most prominent rate of growth was recorded in 2021 when exports increased by 56% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, apricot exports plummeted to $X in 2022. Overall, exports recorded a perceptible descent. The pace of growth was the most pronounced in 2021 when exports increased by 56% against the previous year. Over the period under review, the exports reached the maximum at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Canada (X tons) was the main destination for apricot exports from the United States, accounting for a 59% share of total exports. Moreover, apricot exports to Canada exceeded the volume sent to the second major destination, Taiwan (Chinese) (X tons), fourfold. The third position in this ranking was held by Curacao (X tons), with a 12% share.

From 2012 to 2022, the average annual growth rate of volume to Canada stood at -6.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Taiwan (Chinese) (+32.1% per year) and Curacao (+574.6% per year).

In value terms, Canada ($X) remains the key foreign market for apricots exports from the United States, comprising 66% of total exports. The second position in the ranking was taken by Mexico ($X), with an 11% share of total exports. It was followed by Taiwan (Chinese), with a 10% share.

From 2012 to 2022, the average annual growth rate of value to Canada totaled -6.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (-4.4% per year) and Taiwan (Chinese) (+30.6% per year).

Export Prices by Country

In 2022, the average apricot export price amounted to $X per ton, dropping by -3.4% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average export price increased by 13%. As a result, the export price attained the peak level of $X per ton. From 2018 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($X per ton), while the average price for exports to Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Curacao (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.

Apricot Imports

Imports into the U.S.

In 2022, supplies from abroad of apricots increased by 32% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, imports, however, showed a perceptible decline. The most prominent rate of growth was recorded in 2016 with an increase of 142% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, apricot imports skyrocketed to $X in 2022. In general, imports, however, recorded a perceptible downturn. The most prominent rate of growth was recorded in 2016 when imports increased by 109% against the previous year. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Chile (X tons) was the main apricot supplier to the United States, with a 96% share of total imports. It was followed by New Zealand (X tons), with a 2.4% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Chile amounted to +2.9%. The remaining supplying countries recorded the following average annual rates of imports growth: New Zealand (-13.0% per year) and Turkey (+35.0% per year).

In value terms, Chile ($X) constituted the largest supplier of apricots to the United States, comprising 96% of total imports. The second position in the ranking was taken by New Zealand ($X), with a 2.2% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Chile amounted to +4.5%. The remaining supplying countries recorded the following average annual rates of imports growth: New Zealand (-22.9% per year) and Turkey (+29.3% per year).

Import Prices by Country

The average apricot import price stood at $X per ton in 2022, surging by 4.5% against the previous year. Overall, the import price, however, continues to indicate a mild setback. The most prominent rate of growth was recorded in 2014 an increase of 30% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Chile ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+1.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

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 consumption in 2022 were Turkey, Uzbekistan and Iran, together comprising 43% of global consumption. Algeria, Pakistan, Italy, Russia, Afghanistan, Japan, Morocco, Greece, Ukraine and France lagged somewhat behind, together comprising a further 31%.
What are the largest producers of apricots in the world?
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The countries with the highest volumes of production in 2022 were Turkey, Uzbekistan and Iran, together comprising 45% of global production. Algeria, Italy, Pakistan, Afghanistan, Spain, Greece, Japan, Morocco, Russia and France 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 apricots to the United States, comprising 96% of total imports. The second position in the ranking was held by New Zealand, with a 2.2% share of total imports.
What are the leading importers of apricots from the U.S.?
+
In value terms, Canada remains the key foreign market for apricots exports from the United States, comprising 66% of total exports. The second position in the ranking was taken by Mexico, with an 11% share of total exports. It was followed by Taiwan Chinese), with a 10% share.
What is the average export price for apricots in the U.S.?
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In 2022, the average apricot export price amounted to $1,991 per ton, falling by -3.4% against the previous year.
What is the average import price for apricots in the U.S.?
+
The average apricot import price stood at $3,230 per ton in 2022, with an increase of 4.5% 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
REPORT DESCRIPTION
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 PRODUCT

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 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
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 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2012-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2022
Figure 5:
Trade Balance, In Physical Terms, 2012-2022
Figure 6:
Trade Balance, In Value Terms, 2012-2022
Figure 7:
Per Capita Consumption, 2012-2022
Figure 8:
Market Volume Forecast to 2030
Figure 9:
Market Value Forecast to 2030
Figure 10:
Products: Market Size And Growth, By Type
Figure 11:
Products: Average Per Capita Consumption, By Type
Figure 12:
Products: Exports And Growth, By Type
Figure 13:
Products: Export Prices And Growth, By Type
Figure 14:
Production Volume And Growth
Figure 15:
Yield And Growth
Figure 16:
Exports And Growth
Figure 17:
Export Prices And Growth
Figure 18:
Market Size And Growth
Figure 19:
Per Capita Consumption
Figure 20:
Imports And Growth
Figure 21:
Import Prices
Figure 22:
Production, In Physical Terms, 2012–2022
Figure 23:
Production, In Value Terms, 2012–2022
Figure 24:
Area Harvested, 2012–2022
Figure 25:
Yield, 2012–2022
Figure 26:
Imports, In Physical Terms, 2012–2022
Figure 27:
Imports, In Value Terms, 2012–2022
Figure 28:
Imports, In Physical Terms, By Country, 2022
Figure 29:
Imports, In Physical Terms, By Country, 2012–2022
Figure 30:
Imports, In Value Terms, By Country, 2012–2022
Figure 31:
Import Prices, By Country Of Origin, 2012–2022
Figure 32:
Exports, In Physical Terms, 2012–2022
Figure 33:
Exports, In Value Terms, 2012–2022
Figure 34:
Exports, In Physical Terms, By Country, 2022
Figure 35:
Exports, In Physical Terms, By Country, 2012–2022
Figure 36:
Exports, In Value Terms, By Country, 2012–2022
Figure 37:
Export Prices, By Country Of Destination, 2012–2022
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