Market Insights
18-07-2024
In 2022, the global export market for fresh apricots reached a total value of US$463.4 million. This marks a decline of -4.3% from 2018, when the export value was $483.9 million. Year over year, the value of exported apricots decreased by -9%, falling from $509.2 million in 2021.
Apricots, often compared to small peaches, come in a variety of types with flesh that ranges from juicy to dry, and flavors from sweet to tart.
In 2022, the top 5 exporters of fresh apricots were Spain, Italy, Turkey, France, and Greece, collectively accounting for 73.5% of global apricot exports.
Apricot Exports by Continent
European countries led the market in 2022 with shipments valued at $305.1 million, representing 65.9% of the global total. Asia followed with 29.3%, while North America (2.2%), Africa (1.7%), Latin America (0.6%), and Oceania (0.3%) made up the remaining share.
Here are the top 20 countries that exported the highest dollar value of fresh apricots in 2022:
·Spain: US$118 million (25.5% of total apricot exports)
·Italy: $86.8 million (18.7%)
·Turkey: $82.6 million (17.8%)
·France: $31.1 million (6.7%)
·Greece: $22.3 million (4.8%)
·Jordan: $12.7 million (2.7%)
·Afghanistan: $12.5 million (2.7%)
·Austria: $12.3 million (2.7%)
·United States: $10.4 million (2.2%)
·Armenia: $8.8 million (1.9%)
·South Africa: $7.2 million (1.5%)
·Uzbekistan: $5.9 million (1.3%)
·Serbia: $5.6 million (1.2%)
·Netherlands: $5.6 million (1.2%)
·Lebanon: $4.1 million (0.9%)
·Moldova: $4.02 million (0.9%)
·Germany: $3.97 million (0.9%)
·Belgium: $3.97 million (0.9%)
·Azerbaijan: $3.4 million (0.7%)
·Kyrgyzstan: $3.3 million (0.7%)
These 20 countries accounted for 95.9% of global apricot exports in 2022. Among the top exporters, Armenia saw the most significant growth with an increase of 55.5%, followed by Moldova (up 37.1%), Azerbaijan (up 35.8%), and Turkey (up 33.5%). On the other hand, Jordan experienced the largest decline, with exports dropping by -49.3% from 2021, followed by Spain (down -39.2%), Germany (down -34.2%), Uzbekistan (down -28.1%), and the Netherlands (down -21.4%).
Leading Importers of Fresh Apricots
The cost of imported apricots decreased by -3.7% over the five-year period starting in 2018, and by -5.7% from 2021 to 2022.
Here are the top 20 countries that imported the highest dollar value of fresh apricots in 2022:
·Germany: US$108.7 million (23.4% of total apricot imports)
·Russia: $80.3 million (17.3%)
·Austria: $26.2 million (5.6%)
·France: $22.3 million (4.8%)
·United Kingdom: $21.2 million (4.6%)
·Switzerland: $17.3 million (3.7%)
·Italy: $14.4 million (3.1%)
·Poland: $13.9 million (3%)
·Czech Republic: $13.6 million (2.9%)
·Saudi Arabia: $11.7 million (2.5%)
·Belgium: $11.2 million (2.4%)
·Pakistan: $11.1 million (2.4%)
·Romania: $11 million (2.4%)
·Netherlands: $8.6 million (1.9%)
·Canada: $7.6 million (1.6%)
·Ukraine: $6.1 million (1.3%)
·United Arab Emirates: $5 million (1.1%)
·Iraq: $4.6 million (1%)
·Croatia: $4.4 million (0.9%)
·Slovakia: $4 million (0.9%)
These 20 countries bought 86.7% of global apricot imports in 2022. Pakistan was the fastest-growing importer with a 277% increase, followed by Russia (up 43.8%), the United Kingdom (up 22%), and Saudi Arabia (up 13.8%). Conversely, Iraq saw the largest decline, with imports falling by -66.7% from 2021, followed by Switzerland (down -44.8%), France (down -40.4%), Italy (down -30.2%), and Belgium (down -23.2%).
Prices and Tariff Codes
In 2022, the average unit price paid by apricot importers was $1,393 per ton, reflecting a -16.5% decrease from the 2021 average of $1,669 per ton. For research purposes, the Harmonized Tariff System code for fresh apricots is 080910.
This summary provides a detailed overview of the leading exporters and importers of fresh apricots by country, highlighting key trends and data in the global apricot market.
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