Pakistan: Apricot Market 2025

Apricot Market Size in Pakistan

The Pakistani apricot market surged to $X in 2022, growing by 17% against the previous year. Over the period under review, consumption, however, showed a perceptible downturn. Apricot consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Apricot Production in Pakistan

In value terms, apricot production expanded markedly to $X in 2022 estimated in export price. Over the period under review, production recorded a perceptible setback. The most prominent rate of growth was recorded in 2016 with an increase of 75%. Apricot production peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

The average yield of apricots in Pakistan declined modestly to X tons per ha in 2022, with a decrease of -3.3% compared with 2021. The yield figure increased at an average annual rate of +2.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when the yield increased by 34%. Over the period under review, the average apricot yield attained the maximum level at X tons per ha in 2021, and then reduced in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The apricot harvested area in Pakistan shrank modestly to X ha in 2022, declining by -4.2% against the previous year's figure. Over the period under review, the harvested area showed a noticeable slump. The pace of growth appeared the most rapid in 2021 with an increase of 9.1%. Over the period under review, the harvested area dedicated to apricot production attained the peak figure at X ha in 2013; however, from 2014 to 2022, the harvested area failed to regain momentum.

Apricot Exports

Exports from Pakistan

In 2022, shipments abroad of apricots decreased by -26.7% to X tons, falling for the third consecutive year after two years of growth. In general, exports saw a abrupt setback. The most prominent rate of growth was recorded in 2019 with an increase of 119%. As a result, the exports reached the peak of X tons. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, apricot exports declined notably to $X in 2022. Over the period under review, exports showed a abrupt contraction. The pace of growth appeared the most rapid in 2016 with an increase of 62% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Germany (X tons) was the main destination for apricot exports from Pakistan, accounting for a 42% share of total exports. Moreover, apricot exports to Germany exceeded the volume sent to the second major destination, the United Arab Emirates (X tons), threefold. Qatar (X tons) ranked third in terms of total exports with a 16% share.

From 2012 to 2022, the average annual growth rate of volume to Germany stood at -20.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (-5.4% per year) and Qatar (-17.9% per year).

In value terms, Germany ($X), Qatar ($X) and the United Arab Emirates ($X) were the largest markets for apricot exported from Pakistan worldwide, together comprising 72% of total exports. Bangladesh, Bahrain and Saudi Arabia lagged somewhat behind, together accounting for a further 26%.

Among the main countries of destination, Bangladesh, with a CAGR of +17.8%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average apricot export price amounted to $X per ton, rising by 7.3% against the previous year. Over the period under review, the export price posted a remarkable increase. The growth pace was the most rapid in 2021 when the average export price increased by 81% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($X per ton), while the average price for exports to Saudi Arabia ($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 the Netherlands (+13.9%), while the prices for the other major destinations experienced more modest paces of growth.

Apricot Imports

Imports into Pakistan

In 2022, purchases abroad of apricots was finally on the rise to reach X tons for the first time since 2018, thus ending a three-year declining trend. Overall, imports showed a strong increase. The most prominent rate of growth was recorded in 2017 when imports increased by 1,045% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, apricot imports soared to $X in 2022. Over the period under review, imports recorded a prominent increase. The pace of growth was the most pronounced in 2017 with an increase of 977%. Imports peaked at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Afghanistan (X tons) was the main supplier of apricot to Pakistan, accounting for a approx. 100% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Afghanistan stood at +17.6%.

In value terms, Afghanistan ($X) constituted the largest supplier of apricots to Pakistan.

From 2012 to 2022, the average annual growth rate of value from Afghanistan totaled +6.6%.

Import Prices by Country

The average apricot import price stood at $X per ton in 2022, declining by -34.3% against the previous year. In general, the import price saw a abrupt decrease. The most prominent rate of growth was recorded in 2019 an increase of 71%. The import price peaked at $X per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Afghanistan.

From 2012 to 2022, the rate of growth in terms of prices for Afghanistan amounted to -9.3% per year.

Source: IndexBox Platform

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