France: Dried Prune Market 2024

Dried Prune Market Size in France

The French dried prune market soared to $X in 2022, growing by 70% against the previous year. Overall, consumption saw a pronounced increase. Dried prune consumption peaked at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Dried Prune Production in France

In value terms, dried prune production expanded notably to $X in 2022 estimated in export price. Overall, the total production indicated a perceptible increase from 2012 to 2022: its value increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -5.0% against 2020 indices. The growth pace was the most rapid in 2016 when the production volume increased by 52% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

Dried Prune Exports

Exports from France

In 2022, overseas shipments of dried prunes decreased by -46.1% to X tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports recorded a slight descent. The growth pace was the most rapid in 2021 when exports increased by 67%. As a result, the exports attained the peak of X tons, and then reduced notably in the following year.

In value terms, dried prune exports fell sharply to $X in 2022. Overall, total exports indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +44.8% against 2019 indices. The most prominent rate of growth was recorded in 2013 with an increase of 53%. Over the period under review, the exports attained the maximum at $X in 2021, and then reduced rapidly in the following year.

Exports by Country

Algeria (X tons), Spain (X tons) and Italy (X tons) were the main destinations of dried prune exports from France, together accounting for 57% of total exports. Greece, Belgium, Germany, China, the Netherlands, Turkey and the UK lagged somewhat behind, together comprising a further 36%.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +35.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for dried prune exported from France were Spain ($X), Algeria ($X) and Greece ($X), with a combined 48% share of total exports. Italy, Germany, Belgium, the Netherlands, the UK, Turkey and China lagged somewhat behind, together accounting for a further 41%.

Among the main countries of destination, Turkey, with a CAGR of +46.7%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average dried prune export price amounted to $X per ton, with an increase of 53% against the previous year. Over the period under review, export price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, dried prune export price increased by +58.3% against 2019 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to China ($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 Turkey (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.

Dried Prune Imports

Imports into France

In 2022, the amount of dried prunes imported into France skyrocketed to X tons, rising by 90% against 2021. In general, imports recorded a strong increase. The pace of growth was the most pronounced in 2015 when imports increased by 96%. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, dried prune imports surged to $X in 2022. Overall, imports saw prominent growth. The growth pace was the most rapid in 2015 when imports increased by 91%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Imports by Country

Argentina (X tons), Chile (X tons) and Moldova (X tons) were the main suppliers of dried prune imports to France, with a combined 55% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Chile (with a CAGR of +35.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Chile ($X) and Serbia ($X) were the largest dried prune suppliers to France, together accounting for 64% of total imports.

Chile, with a CAGR of +42.2%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average dried prune import price amounted to $X per ton, reducing by -5.3% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average import price increased by 20%. Over the period under review, average import prices reached the maximum at $X per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Argentina ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+12.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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