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World - Apricots - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Nov 1, 2024

World - Apricots - Market Analysis, Forecast, Size, Trends and Insights

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Apr 5, 2022

Spain and Italy Firmly Expand Apricot Exports

IndexBox has just published a new report: 'World - Apricots - Market Analysis, Forecast, Size, Trends and Insights'. Here is a summary of the report's key findings.

The global apricot market rose slightly to $5B in 2021, growing by 4.9% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 when the market value increased by 17% y-o-y. Global consumption peaked at $5.5B in 2013; however, from 2014 to 2021, consumption remained at a lower figure. 

Apricot Consumption by Country

The countries with the highest volumes of apricot consumption in 2021 were Turkey (840K tons), Uzbekistan (523K tons) and Iran (332K tons), together accounting for 43% of global consumption.

From 2007 to 2021, the most notable rate of growth in terms of apricot consumption, amongst the leading consuming countries, was attained by Uzbekistan, while apricot consumption for the other global leaders experienced more modest paces of growth.

In value terms, Turkey ($1.1B), Uzbekistan ($542M) and Iran ($397M) were the countries with the highest levels of market value in 2021, with a combined 40% share of the global market. Italy, France, Algeria, Pakistan, Greece, Morocco, Egypt, Russia, Afghanistan and Ukraine lagged somewhat behind, together accounting for a further 30%.

The countries with the highest levels of apricot per capita consumption in 2021 were Uzbekistan (15 kg per person), Turkey (9.86 kg per person) and Greece (9.54 kg per person).

From 2007 to 2021, the most notable rate of growth in terms of apricot per capita consumption, amongst the key consuming countries, was attained by Uzbekistan, while apricot per capita consumption for the other global leaders experienced more modest paces of growth.

Apricot Production

In 2021, the volume of apricots produced worldwide expanded slightly to 3.9M tons, picking up by 4.3% against 2020 figures. The total output volume increased at an average annual rate of +1.1% over the period from 2007 to 2021.

In value terms, apricot production rose to $4.8B in 2021 estimated in export prices. Overall, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 when the production volume increased by 16% y-o-y. Global production peaked at $5.6B in 2013; however, from 2014 to 2021, production remained at a lower figure.

Production by Country

The countries with the highest volumes of apricot production in 2021 were Turkey (840K tons), Uzbekistan (533K tons) and Iran (332K tons), together accounting for 44% of global production.

From 2007 to 2021, the most notable rate of growth in terms of apricot production, amongst the key producing countries, was attained by Uzbekistan, while apricot production for the other global leaders experienced more modest paces of growth.

Apricot Exports

Global apricot exports declined sharply to 281K tons in 2021, which is down by -15.2% against the previous year. In general, total exports indicated moderate growth from 2007 to 2021: its volume increased at an average annual rate of +2.7% over the last fourteen-year period. 

In value terms, supplies fell slightly to $463M in 2021. The total export value increased at an average annual rate of +2.7% over the period from 2007 to 2021.

Exports by Country

In 2021, Spain (97K tons) represented the key exporter of apricots, making up 35% of total volume. Italy (31K tons) occupied the second position in the ranking, followed by Afghanistan (21K tons), Greece (17K tons), South Africa (15K tons) and France (14K tons). All these countries together held approx. 35% share of total exports. Uzbekistan (9.6K tons), Kyrgyzstan (9K tons), Jordan (7.5K tons), Moldova (6.5K tons), the U.S. (6.4K tons), Lebanon (5.8K tons) and Armenia (5.3K tons) held a little share of total exports.

In value terms, Spain ($197M) remains the largest apricot supplier worldwide, comprising 43% of global exports. The second position in the ranking was occupied by Italy ($67M), with a 14% share of global exports. It was followed by France, with an 8.2% share.

From 2007 to 2021, the average annual rate of growth in terms of value in Spain amounted to +11.7%. The remaining exporting countries recorded the following average annual rates of exports growth: Italy (+8.3% per year) and France (-7.8% per year).

Export Prices by Country

The average apricot export price stood at $1,648 per ton in 2021, growing by 18% against the previous year. Prices varied noticeably by the country of origin; the country with the highest price was France ($2,738 per ton), while Kyrgyzstan ($428 per ton) was amongst the lowest. From 2007 to 2021, the most notable rate of growth in terms of prices was attained by Armenia, while the other global leaders experienced more modest paces of growth.

Apricot Imports

In 2021, overseas purchases of apricots decreased by -1.3% to 316K tons, falling for the fourth consecutive year after two years of growth. Overall, total imports indicated temperate growth from 2007 to 2021: its volume increased at an average annual rate of +3.6% over the last fourteen years. 

In value terms, apricot imports expanded sharply to $496M in 2021. The total import value increased at an average annual rate of +2.9% over the period from 2007 to 2021.

Imports by Country

In 2021, Russia (49K tons) and Germany (47K tons) represented the key importers of apricots in the world, together comprising 30% of total volume. It was distantly followed by Kazakhstan (25K tons), Iraq (19K tons), France (19K tons) and Italy (14K tons), together achieving a 24% share of total imports. Austria (12K tons), Saudi Arabia (12K tons), Switzerland (10K tons), Pakistan (10K tons), Poland (7.9K tons), the UK (6.5K tons) and Romania (6.2K tons) followed a long way behind the leaders.

In value terms, Germany ($113M) constitutes the largest market for imported apricots worldwide, comprising 23% of global imports. The second position in the ranking was occupied by Russia ($56M), with a 11% share of total purchases. It was followed by France, with a 7.7% share.

In Germany, apricot imports expanded at an average annual rate of +2.5% over the period from 2007-2021. The remaining importing countries recorded the following average annual rates of imports growth: Russia (+3.6% per year) and France (+6.1% per year).

Import Prices by Country

The average apricot import price stood at $1,572 per ton in 2021, picking up by 13% against the previous year. Prices varied noticeably by the country of destination; the country with the highest price was Switzerland ($3,038 per ton), while Pakistan ($296 per ton) was amongst the lowest. From 2007 to 2021, the most notable rate of growth in terms of prices was attained by Romania, while the other global leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global apricot market. 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:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Company coverage:

King Apricot, Cengiz Fruits, Golden Maprix, Nidal Fresh Co, Eby Tarim Ve Gida Urunleri Ic Ve Dis Ticaret Tld. Sti., Apples & Roses Food Agriculture Industry and Trade Ltd. Co., Soom Foods Imp. Exp. Co. Ltd., Meri Global Export, Yamanlar Agricultural Products Turkey, Mey-San Organik Gida Tarim Urunleri San. Ve Tic. Ltd, Dag Food Dried Fruit and Dried Apricots, Apricoturk, Muzey Gida, PSB Producción Vegetal SL, Córdoba, Alicante, Cádiz, Pamplona, Oviedo, Vitoria-Gasteiz, Santander, Cartagena, Marbella, Mataró

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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
    3. HARVESTED AREA AND YIELD BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Harvested Area, By Country, 2012-2023
    7. Yield, By Country, 2012-2023
    8. Imports, In Physical Terms, By Country, 2012–2023
    9. Imports, In Value Terms, By Country, 2012–2023
    10. Import Prices, By Country Of Destination, 2012–2023
    11. Exports, In Physical Terms, By Country, 2012–2023
    12. Exports, In Value Terms, By Country, 2012–2023
    13. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Yield And Growth
    12. Exports And Growth
    13. Export Prices And Growth
    14. Market Size And Growth
    15. Per Capita Consumption
    16. Imports And Growth
    17. Import Prices
    18. Production, In Physical Terms, 2012–2023
    19. Production, In Value Terms, 2012–2023
    20. Area Harvested, 2012–2023
    21. Yield, 2012–2023
    22. Production, By Country, 2023
    23. Production, In Physical Terms, By Country, 2012–2023
    24. Harvested Area, By Country, 2023
    25. Harvested Area, By Country, 2012-2023
    26. Yield, By Country, 2012-2023
    27. Imports, In Physical Terms, 2012–2023
    28. Imports, In Value Terms, 2012–2023
    29. Imports, In Physical Terms, By Country, 2023
    30. Imports, In Physical Terms, By Country, 2012–2023
    31. Imports, In Value Terms, By Country, 2012–2023
    32. Import Prices, By Country, 2012–2023
    33. Exports, In Physical Terms, 2012–2023
    34. Exports, In Value Terms, 2012–2023
    35. Exports, In Physical Terms, By Country, 2023
    36. Exports, In Physical Terms, By Country, 2012–2023
    37. Exports, In Value Terms, By Country, 2012–2023
    38. Export Prices, 2012–2023

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