Egypt: Dried Apricot Market 2020

Dried Apricot Market Size in Egypt

The revenue of the dried apricot market in Egypt amounted to $X in 2017, rising by X% against the previous year. In general, dried apricot consumption continues to indicate a remarkable growth. The growth pace was the most rapid in 2008, when market value increased by X% against the previous year. Over the period under review, the dried apricot market reached its maximum level of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Dried Apricot Production in Egypt

In 2017, dried apricot production in Egypt totaled X kg, leveling off at the previous year. Overall, dried apricot production continues to indicate a relatively flat trend pattern.

Dried Apricot Exports from Egypt

In 2017, dried apricot exports from Egypt amounted to X tons, rising by X% against the previous year. The total export volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. The pace of growth appeared the most rapid in 2013, when exports increased by X% against the previous year. In that year, the dried apricot exports reached their peak volume of X tons. From 2014 to 2017, growth of the dried apricot exports failed to regain its momentum.

In value terms, dried apricot exports amounted to $X in 2017. Overall, the total exports indicated a modest increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the dried apricot exports decreased by -X% against 2013 indices. Egypt exports peaked of $X in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

Dried Apricot Exports by Country from Egypt

Turkey dominates dried apricot exports structure, amounting to X tons, which was approx. X% of total exports in 2017. It was distantly followed by Afghanistan (X tons), constituting X% share of total exports. France (X tons) followed a long way behind the leaders.

Turkey experienced a relatively flat trend pattern of dried apricots exports. At the same time, Afghanistan (+X%) displayed positive paces of growth. Moreover, Afghanistan emerged as the fastest growing exporter in the world, with a CAGR of +X% from 2007-2017. By contrast, France (-X%) illustrated a downward trend over the same period. Turkey (X%) significantly strengthened its position in terms of the global exports, while Afghanistan saw its share reduced by -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest dried apricot supplier from Egypt, making up X% of global exports. The second position in the ranking was occupied by Afghanistan ($X), with a X% share of global exports. It was followed by France, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in Turkey totaled +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Afghanistan (+X% per year) and France (-X% per year).

Dried Apricot Export Prices by Country in Egypt

The dried apricot export price in Egypt stood at $X per ton in 2017, going down by -X% against the previous year. In general, dried apricot export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014, when it surged by X% year-to-year. Egypt export price peaked of $X per ton in 2008; however, from 2009 to 2017, it failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was France ($X per ton), while Afghanistan ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Turkey (+X% per year), while the other leaders experienced mixed trends in the export price figures.

Dried Apricot Imports into Egypt

In 2017, approx. X tons of dried apricots were imported into Egypt; picking up by X% against the previous year. In general, dried apricot imports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2012, when it surged by X% year-to-year. Egypt imports peaked in 2017, and are likely to see steady growth in the immediate term.

In value terms, dried apricot imports totaled $X in 2017. Overall, dried apricot imports continue to indicate a remarkable increase. Over the period under review, the dried apricot imports reached its peak figure level of $X in 2016, and then declined slightly in the following year.

Dried Apricot Imports by Country into Egypt

In 2017, the U.S. (X tons), followed by the UK (X tons), Russia (X tons), Ukraine (X tons), Germany (X tons), France (X tons) and Algeria (X tons) represented the major importers of dried apricots, together mixed up X% of total imports. Kazakhstan (X tons), Australia (X tons), Iraq (X tons), Egypt (X tons) and Brazil (X tons) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Algeria (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), the UK ($X) and Germany ($X) constituted the countries with the highest levels of imports in 2017, together comprising X% of total imports. France, Russia, Australia, Brazil, Kazakhstan, Algeria, Ukraine, Egypt and Iraq lagged somewhat behind, together comprising a further X%.

Algeria (+X% per year) recorded the highest rates of growth with regard to imports, in terms of the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Dried Apricot Import Prices by Country in Egypt

The dried apricot import price in Egypt stood at $X per ton in 2017, going down by -X% against the previous year. Overall, dried apricot import price continues to indicate a measured deduction. The pace of growth was the most pronounced in 2014, when the import prices increased by X% y-o-y. Egypt import price peaked of $X per ton in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Germany ($X per ton), while Ukraine ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Russia (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform