Turkmenistan: Apricot Market 2020

Apricot Market Size in Turkmenistan

The revenue of the apricot market in Turkmenistan amounted to $X in 2018, rising by X% against the previous year. Overall, the total market indicated remarkable growth from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, apricot consumption increased by +X% against 2012 indices. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Over the period under review, the apricot market reached its maximum level in 2018 and is expected to retain its growth in the near future.

Apricot Production in Turkmenistan

In value terms, apricot production amounted to $X in 2018 estimated in export prices. Over the period under review, the total output indicated a prominent increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, apricot production increased by +X% against 2012 indices. The most prominent rate of growth was recorded in 2010 when production volume increased by X% year-to-year. Over the period under review, apricot production attained its maximum level in 2018 and is expected to retain its growth in the immediate term.

Average yield of apricots in Turkmenistan stood at X ton per ha in 2018, remaining relatively unchanged against the previous year. Overall, the apricot yield continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Over the period under review, the apricot yield attained its maximum level in 2018 and is likely to continue its growth in the immediate term. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2018, the harvested area of apricots in Turkmenistan totaled X ha, surging by X% against the previous year. The harvested area increased at an average annual rate of +X% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2009 with an increase of X% y-o-y. The global apricot harvested area peaked in 2018 and is likely to see steady growth in the immediate term.

Apricot Exports

Exports from Turkmenistan

Apricot exports from Turkmenistan stood at X tons in 2018, picking up by X% against the previous year. Over the period under review, the total exports indicated a measured increase from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, apricot exports increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2011 when exports increased by X% year-to-year. In that year, apricot exports attained their peak of X tons. From 2012 to 2018, the growth of apricot exports failed to regain its momentum.

In value terms, apricot exports totaled $X in 2018. Over the period under review, the total exports indicated resilient growth from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, apricot exports increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. In that year, apricot exports attained their peak of $X. From 2012 to 2018, the growth of apricot exports remained at a somewhat lower figure.

Exports by Country

In 2018, Spain (X tons), distantly followed by France (X tons), Italy (X tons), Uzbekistan (X tons), Turkey (X tons), Afghanistan (X tons), Greece (X tons) and Suriname (X tons) were the major exporters of apricots, together committing X% of total exports. Jordan (X tons) took a relatively small share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Suriname (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Spain ($X) remains the largest apricot supplier from Turkmenistan, comprising X% of global exports. The second position in the ranking was occupied by France ($X), with a X% share of global exports. It was followed by Italy, with a X% share.

In Spain, apricot exports expanded at an average annual rate of +X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: France (-X% per year) and Italy (+X% per year).

Export Prices by Country

In 2018, the apricot export price in Turkmenistan amounted to $X per ton, picking up by X% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2009 when the export price increased by X% year-to-year. Over the period under review, the export prices for apricots reached their peak figure at $X per ton in 2010; however, from 2011 to 2018, export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Spain ($X per ton), while Suriname ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Jordan, while the other leaders experienced more modest paces of growth.

Apricot Imports

Imports into Turkmenistan

In 2018, the amount of apricots imported into Turkmenistan amounted to X tons, jumping by X% against the previous year. Overall, apricot imports continue to indicate a buoyant expansion. The growth pace was the most rapid in 2018 when imports increased by X% year-to-year. In that year, apricot imports reached their peak and are likely to continue its growth in the immediate term.

In value terms, apricot imports stood at $X in 2018. In general, apricot imports continue to indicate an abrupt contraction. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Turkmenistan imports peaked at $X in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

Imports by Country

Germany (X tons) and Russia (X tons) represented roughly X% of total imports of apricots in 2018. It was distantly followed by Iraq (X tons), Kazakhstan (X tons), France (X tons), Italy (X tons) and Austria (X tons), together comprising a X% share of total imports. Pakistan (X tons), Switzerland (X tons), the Czech Republic (X tons), the UK (X tons) and Poland (X tons) held a little share of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Iraq (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constitutes the largest market for imported apricots into Turkmenistan, comprising X% of global imports. The second position in the ranking was occupied by Russia ($X), with a X% share of global imports. It was followed by France, with a X% share.

In Germany, apricot imports expanded at an average annual rate of +X% over the period from 2007-2018. The remaining importing countries recorded the following average annual rates of imports growth: Russia (+X% per year) and France (+X% per year).

Import Prices by Country

The apricot import price in Turkmenistan stood at $X per ton in 2018, going down by -X% against the previous year. Over the period under review, the apricot import price continues to indicate an abrupt contraction. The pace of growth was the most pronounced in 2010 an increase of X% y-o-y. In that year, the import prices for apricots attained their peak level of $X per ton. From 2011 to 2018, the growth in terms of the import prices for apricots remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the UK ($X per ton), while Iraq ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Kazakhstan, while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform