India: Apricot Market 2025

Apricot Market Size in India

The Indian apricot market reached $X in 2022, growing by 3% against the previous year. The market value increased at an average annual rate of +3.0% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Apricot consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Apricot Production in India

In value terms, apricot production rose slightly to $X in 2022 estimated in export price. Overall, production saw a strong expansion. The pace of growth was the most pronounced in 2014 with an increase of 254%. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

In 2022, the average apricot yield in India dropped to X tons per ha, standing approx. at 2021. Overall, the yield continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the yield increased by 0.2% against the previous year. The apricot yield peaked at X tons per ha in 2013; afterwards, it flattened through to 2022. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of apricots production in India amounted to X ha, standing approx. at 2021. Overall, the harvested area showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the harvested area increased by 1.2%. As a result, the harvested area attained the peak level of X ha; afterwards, it flattened through to 2022.

Apricot Exports

Exports from India

In 2022, approx. X tons of apricots were exported from India; dropping by -75.2% on the previous year's figure. In general, exports showed a significant decline. The most prominent rate of growth was recorded in 2016 when exports increased by 102% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, apricot exports shrank dramatically to $X in 2022. Over the period under review, exports recorded a dramatic slump. The pace of growth was the most pronounced in 2017 when exports increased by 122%. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Nepal (X kg), the United Arab Emirates (X kg) and Bahrain (X kg) were the main destinations of apricot exports from India, with a combined 92% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Bahrain (with a CAGR of +57.8%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for apricot exported from India were the United Arab Emirates ($X), Bahrain ($X) and Nepal ($X), with a combined 88% share of total exports.

Bahrain, with a CAGR of +101.7%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average apricot export price stood at $X per ton in 2022, increasing by 204% against the previous year. In general, the export price continues to indicate a buoyant increase. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Nepal ($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 Oman (+30.0%), while the prices for the other major destinations experienced more modest paces of growth.

Apricot Imports

Imports into India

Apricot imports into India skyrocketed to X tons in 2022, growing by 61% compared with the previous year's figure. Overall, imports posted a significant increase. The pace of growth was the most pronounced in 2018 with an increase of 214%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

In value terms, apricot imports surged to $X in 2022. In general, imports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2018 when imports increased by 232%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Afghanistan (X tons) constituted the largest supplier of apricot to India, with a 84% share of total imports. Moreover, apricot imports from Afghanistan exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X tons), more than tenfold. The third position in this ranking was held by the Netherlands (X tons), with a 4.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Afghanistan amounted to +42.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+120.9% per year) and the Netherlands (+51.3% per year).

In value terms, Afghanistan ($X) constituted the largest supplier of apricots to India, comprising 84% of total imports. The second position in the ranking was held by the Netherlands ($X), with a 6.7% share of total imports. It was followed by South Africa, with a 4.4% share.

From 2012 to 2022, the average annual growth rate of value from Afghanistan stood at +56.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+70.7% per year) and South Africa (+41.5% per year).

Import Prices by Country

In 2022, the average apricot import price amounted to $X per ton, rising by 34% against the previous year. Over the period under review, the import price showed notable growth. The growth pace was the most rapid in 2019 an increase of 38% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see gradual growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Africa ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+12.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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