Global Apricot Market 2022

Apricot Market Size

The global apricot market rose modestly to $X in 2021, surging by X% against the previous year. In general, consumption, however, showed a mild decrease. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the global market remained at a somewhat lower figure.

Apricot Production

In value terms, apricot production stood at $X in 2021 estimated in export price. Over the period under review, production, however, saw a pronounced decrease. The growth pace was the most rapid in 2016 when the production volume increased by X%. Over the period under review, global production reached the peak level at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

The countries with the highest volumes of in 2021 were Turkey (X tons), Uzbekistan (X tons) and Iran (X tons), with a combined X% share of global production. Italy, Algeria, Spain, Afghanistan, Greece, France, Morocco, Pakistan, Egypt and Japan lagged somewhat behind, together accounting for a further X 2012 to 2021, the most notable rate of growth in terms of production, amongst the leading producing countries, was attained by Afghanistan (with a CAGR of +X%), while production for the other global leaders experienced more modest paces of growth.

The global average apricot yield rose to X tons per ha in 2021, increasing by X% against the previous year. In general, the yield, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the yield increased by X% against the previous year. As a result, the yield attained the peak level of X tons per ha. From 2018 to 2021, the growth of the average apricot yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, approx. X ha of apricots were harvested worldwide; approximately equating 2020 figures. In general, the harvested area showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the harvested area increased by X%. Over the period under review, the harvested area dedicated to apricot production reached the peak figure in 2021 and is likely to see gradual growth in the immediate term.

Production By Country

The countries with the highest volumes of in 2021 were Turkey (X tons), Uzbekistan (X tons) and Iran (X tons), with a combined X% share of global production. These countries were followed by Italy, Algeria, Spain, Afghanistan, Greece, France, Morocco, Pakistan, Egypt and Japan, which together accounted for a further X 2012 to 2021, the most notable rate of growth in terms of production, amongst the main producing countries, was attained by Afghanistan (with a CAGR of +X%), while production for the other global leaders experienced more modest paces of growth.

Apricot Exports

Exports

Global apricot exports shrank slightly to X tons in 2021, approximately equating 2020 figures. Overall, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of X%. The global exports peaked at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, apricot exports rose rapidly to $X in 2021. The total export value increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. The global exports peaked in 2021 and are likely to see steady growth in the immediate term.

Exports by Country

In 2021, Spain (X tons) and Turkey (X tons) represented the main exporters of apricotsaround the world, together generating X% of total exports. Italy (X tons) ranks next in terms of the total exports with a X% share, followed by Afghanistan (X%) and Greece (X%). South Africa (X tons), France (X tons), Uzbekistan (X tons), Jordan (X tons), the United States (X tons) and Armenia (X tons) took a relatively small share of total exports.

From 2012 to 2021, the biggest increases were in Jordan (with a CAGR of +X%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, Spain ($X) remains the largest apricot supplier worldwide, comprising X% of global exports. The second position in the ranking was taken by Italy ($X), with a X% share of global exports. It was followed by Turkey, with a X% share.

In Spain, apricot exports expanded at an average annual rate of +X% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Italy (+X% per year) and Turkey (+X% per year).

Export Prices by Country

In 2021, the average apricot export price amounted to $X per ton, with an increase of X% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the the average export prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was France ($X per ton), while Afghanistan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Armenia (+X%), while the other global leaders experienced more modest paces of growth.

Apricot Imports

Imports

In 2021, approx. X tons of apricots were imported worldwide; reducing by -X% against the year before. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2018 to 2021, the growth of global imports remained at a lower figure.

In value terms, apricot imports expanded rapidly to $X in 2021. The total import value increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The growth pace was the most rapid in 2013 when imports increased by X%. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of global imports remained at a somewhat lower figure.

Imports by Country

Russia (X tons) and Germany (X tons) represented the largest importers of apricots in 2021, finishing at near X% and X% of total imports, respectively. Kazakhstan (X tons) took the next position in the ranking, followed by Iraq (X tons), France (X tons) and Italy (X tons). All these countries together held approx. X% share of total imports. Saudi Arabia (X tons), Austria (X tons), Switzerland (X tons), Ukraine (X tons), Poland (X tons), the UK (X tons) and Romania (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Iraq (with a CAGR of +X%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, Germany ($X) constitutes the largest market for imported apricots worldwide, comprising X% of global imports. The second position in the ranking was taken by Russia ($X), with an X% share of global imports. It was followed by France, with a X% share.

In Germany, apricot imports remained relatively stable over the period from 2012-2021. In the other countries, the average annual rates were as follows: Russia (-X% per year) and France (+X% per year).

Import Prices by Country

In 2021, the average apricot import price amounted to $X per ton, increasing by X% against the previous year. Over the last nine years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2020 an increase of X%. Global import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Switzerland ($X per ton), while Iraq ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Romania (+X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform