Australia and Oceania: Apricot Market 2025

Apricot Market Size in Australia and Oceania

In 2022, the apricot market in Australia and Oceania increased by 1.9% to $X, rising for the second year in a row after two years of decline. In general, consumption, however, continues to indicate a perceptible setback. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Apricot Production in Australia and Oceania

In value terms, apricot production reduced slightly to $X in 2022 estimated in export price. Over the period under review, production, however, showed a deep setback. The pace of growth appeared the most rapid in 2018 when the production volume increased by 33%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

The country with the largest volume of apricot production was Australia (X tons), accounting for 70% of total volume. Moreover, apricot production in Australia exceeded the figures recorded by the second-largest producer, New Zealand (X tons), twofold.

From 2012 to 2022, the average annual rate of growth in terms of volume in Australia totaled -6.2%.

In 2022, the average apricot yield in Australia and Oceania expanded significantly to X tons per ha, increasing by 5% against 2021. In general, the yield, however, showed a abrupt decrease. The most prominent rate of growth was recorded in 2019 when the yield increased by 48%. Over the period under review, the apricot yield attained the maximum level at X tons per ha in 2012; however, from 2013 to 2022, the 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 2022, the apricot harvested area in Australia and Oceania fell slightly to X ha, stabilizing at the previous year's figure. In general, the harvested area showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of 70% against the previous year. Over the period under review, the harvested area dedicated to apricot production attained the maximum at X ha in 2015; however, from 2016 to 2022, the harvested area remained at a lower figure.

Apricot Exports

Exports in Australia and Oceania

In 2022, exports of apricots in Australia and Oceania dropped dramatically to X tons, waning by -28.6% compared with the year before. Over the period under review, exports recorded a drastic downturn. The growth pace was the most rapid in 2020 when exports increased by 50% against the previous year. The volume of export peaked at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, apricot exports contracted notably to $X in 2022. Overall, exports showed a abrupt contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 60% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, New Zealand (X tons) was the largest exporter of apricots, achieving 65% of total exports. It was distantly followed by Australia (X tons), making up a 35% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Australia (with a CAGR of -10.9%).

In value terms, the largest apricot supplying countries in Australia and Oceania were New Zealand ($X) and Australia ($X).

Australia, with a CAGR of -8.8%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review.

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2022, dropping by -7.8% against the previous year. In general, the export price continues to indicate a mild setback. The growth pace was the most rapid in 2021 when the export price increased by 24%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Australia ($X per ton), while New Zealand amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+2.3%).

Apricot Imports

Imports in Australia and Oceania

In 2022, approx. X tons of apricots were imported in Australia and Oceania; rising by 105% on 2021 figures. In general, imports, however, showed a abrupt decrease. Over the period under review, imports reached the peak figure at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, apricot imports surged to $X in 2022. Over the period under review, imports, however, showed a abrupt downturn. The growth pace was the most rapid in 2020 with an increase of 80% against the previous year. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

Australia dominates imports structure, finishing at X tons, which was approx. 96% of total imports in 2022. New Caledonia (X tons) followed a long way behind the leaders.

Imports into Australia decreased at an average annual rate of -14.3% from 2012 to 2022. New Caledonia (-6.0%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Australia decreased by -1.9 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported apricots in Australia and Oceania, comprising 97% of total imports. The second position in the ranking was held by New Caledonia ($X), with a 1.9% share of total imports.

From 2012 to 2022, the average annual growth rate of value in Australia totaled -13.0%.

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per ton, which is down by -13.1% against the previous year. Over the last decade, it increased at an average annual rate of +1.4%. The most prominent rate of growth was recorded in 2017 an increase of 25% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2021, and then shrank in the following year.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was New Caledonia ($X per ton), while Australia stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Caledonia (+6.2%).

Source: IndexBox Platform

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