Global Apricot Market
Market Overview
The global apricot market reduced to $
in , with a decrease of -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 with an increase of % y-o-y. Over the period under review, the global market reached the peak level at $ in 2013; however, from 2014 to , consumption stood at a somewhat lower figure.
In value terms, apricot production shrank to $ in estimated in export prices. Overall, production, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 with an increase of % against the previous year. Over the period under review, global production reached the peak level at $ in 2013; however, from 2014 to , production stood at a somewhat lower figure.
The countries with the highest volumes of apricot production in were Turkey ( tonnes), Uzbekistan ( tonnes) and Iran ( tonnes), with a combined % share of global production.
From 2007 to, the most notable rate of growth in terms of apricot production, amongst the key producing countries, was attained by Uzbekistan, while apricot production for the other global leaders experienced more modest paces of growth.
The global average apricot yield reduced to tonnes per ha in , with a decrease of -% on 2019 figures. In general, the yield, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 with an increase of % year-to-year. The global yield peaked at tonnes per ha in 2017; however, from 2018 to , the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
The global apricot harvested area totaled ha in , approximately reflecting 2019. Over the period under review, the harvested area continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009 when the harvested area increased by % against the previous year. The global harvested area peaked at ha in 2010; however, from 2011 to , the harvested area stood at a somewhat lower figure.
in , with a decrease of -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 with an increase of % y-o-y. Over the period under review, the global market reached the peak level at $ in 2013; however, from 2014 to , consumption stood at a somewhat lower figure.In value terms, apricot production shrank to $
in estimated in export prices. Overall, production, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 with an increase of % against the previous year. Over the period under review, global production reached the peak level at $ in 2013; however, from 2014 to , production stood at a somewhat lower figure.The countries with the highest volumes of apricot production in
were Turkey ( tonnes), Uzbekistan ( tonnes) and Iran ( tonnes), with a combined % share of global production.From 2007 to
, the most notable rate of growth in terms of apricot production, amongst the key producing countries, was attained by Uzbekistan, while apricot production for the other global leaders experienced more modest paces of growth.The global average apricot yield reduced to
tonnes per ha in , with a decrease of -% on 2019 figures. In general, the yield, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 with an increase of % year-to-year. The global yield peaked at tonnes per ha in 2017; however, from 2018 to , the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.The global apricot harvested area totaled
ha in , approximately reflecting 2019. Over the period under review, the harvested area continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009 when the harvested area increased by % against the previous year. The global harvested area peaked at ha in 2010; however, from 2011 to , the harvested area stood at a somewhat lower figure.Consumption
In , the amount of apricots consumed worldwide declined to tonnes, falling by -% compared with the previous year's figure. Over the period under review, consumption, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 when the consumption volume increased by % against the previous year. Global consumption peaked at tonnes in 2017; however, from 2018 to , consumption stood at a somewhat lower figure.
The global apricot market size dropped to $ in , waning by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 with an increase of % y-o-y. Over the period under review, the global market attained the peak level at $ in 2013; however, from 2014 to , consumption failed to regain the momentum.
, the amount of apricots consumed worldwide declined to tonnes, falling by -% compared with the previous year's figure. Over the period under review, consumption, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 when the consumption volume increased by % against the previous year. Global consumption peaked at tonnes in 2017; however, from 2018 to , consumption stood at a somewhat lower figure.The global apricot market size dropped to $
in , waning by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 with an increase of % y-o-y. Over the period under review, the global market attained the peak level at $ in 2013; however, from 2014 to , consumption failed to regain the momentum.Consumption By Country
The countries with the highest volumes of apricot consumption in were Turkey ( tonnes), Uzbekistan ( tonnes) and Iran ( tonnes), with a combined % share of global consumption.
From 2007 to, the most notable rate of growth in terms of apricot consumption, amongst the main consuming countries, was attained by Uzbekistan, while apricot consumption for the other global leaders experienced more modest paces of growth.
In value terms, Turkey ($) led the market, alone. The second position in the ranking was occupied by Uzbekistan ($). It was followed by Iran.
In Turkey, the apricot market increased at an average annual rate of +% over the period from 2007-. The remaining consuming countries recorded the following average annual rates of market growth: Uzbekistan (+% per year) and Iran (+% per year).
The countries with the highest levels of apricot per capita consumption in were Uzbekistan ( kg per person), Greece ( kg per person) and Turkey ( kg per person).
From 2007 to, the most notable rate of growth in terms of apricot per capita consumption, amongst the leading consuming countries, was attained by Uzbekistan, while apricot per capita consumption for the other global leaders experienced more modest paces of growth.
were Turkey ( tonnes), Uzbekistan ( tonnes) and Iran ( tonnes), with a combined % share of global consumption.From 2007 to
, the most notable rate of growth in terms of apricot consumption, amongst the main consuming countries, was attained by Uzbekistan, while apricot consumption for the other global leaders experienced more modest paces of growth.In value terms, Turkey ($
) led the market, alone. The second position in the ranking was occupied by Uzbekistan ($). It was followed by Iran.In Turkey, the apricot market increased at an average annual rate of +
% over the period from 2007-. The remaining consuming countries recorded the following average annual rates of market growth: Uzbekistan (+% per year) and Iran (+% per year).The countries with the highest levels of apricot per capita consumption in
were Uzbekistan ( kg per person), Greece ( kg per person) and Turkey ( kg per person).From 2007 to
, the most notable rate of growth in terms of apricot per capita consumption, amongst the leading consuming countries, was attained by Uzbekistan, while apricot per capita consumption for the other global leaders experienced more modest paces of growth.Market Forecast
Driven by increasing demand for apricot worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to accelerate, expanding with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to tonnes by the end of .
% for the period from to , which is projected to bring the market volume to tonnes by the end of .
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