Dried Apricot Price in Uzbekistan - 2023

Contents:

  1. Dried Apricot Price in Uzbekistan (FOB) - 2023
  2. Dried Apricot Price in Uzbekistan (CIF) - 2022
  3. Dried Apricot Exports in Uzbekistan
  4. Dried Apricot Imports in Uzbekistan

Dried Apricot Price in Uzbekistan (FOB) - 2023

In May 2023, the average dried apricot export price amounted to $1,895 per ton, shrinking by -17.1% against the previous month. Overall, export price indicated modest growth from May 2022 to May 2023: its price increased at an average monthly rate of +1.6% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on May 2023 figures, dried apricot export price decreased by -30.8% against January 2023 indices. The most prominent rate of growth was recorded in June 2022 an increase of 60% m-o-m. The export price peaked at $3,434 per ton in September 2022; however, from October 2022 to May 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In May 2023, the country with the highest price was Turkey ($7,007 per ton), while the average price for exports to Ukraine ($800 per ton) was amongst the lowest.

From May 2022 to May 2023, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+38.7%), while the prices for the other major destinations experienced more modest paces of growth.

Dried Apricot Price in Uzbekistan (CIF) - 2022

The average dried apricot import price stood at $362 per ton in 2022, falling by -78.3% against the previous year. In general, the import price continues to indicate a dramatic shrinkage. The pace of growth appeared the most rapid in 2019 an increase of 67% against the previous year. The import price peaked at $1,668 per ton in 2021, and then declined sharply in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Tajikistan ($581 per ton), while the price for Afghanistan ($355 per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Tajikistan (-4.6%), while the prices for the other major suppliers experienced a decline.

Dried Apricot Exports in Uzbekistan

In 2022, shipments abroad of dried apricots decreased by -24.5% to 2.7K tons, falling for the second year in a row after two years of growth. Overall, exports saw a sharp decline. The most prominent rate of growth was recorded in 2020 with an increase of 31% against the previous year. As a result, the exports attained the peak of 12K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, dried apricot exports dropped to $5.8M in 2022. In general, exports recorded a sharp downturn. The pace of growth appeared the most rapid in 2020 when exports increased by 49%. As a result, the exports reached the peak of $17M. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Dried Apricot in Uzbekistan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia3.14.01.52.5-6.9%
Kazakhstan1.52.20.81.4-2.3%
Israel0.50.60.30.711.9%
Belarus2.02.60.70.3-46.9%
Ukraine1.21.80.90.2-45.0%
Azerbaijan0.10.50.50.226.0%
TurkmenistanN/AN/AN/A0.10%
China1.70.90.4N/A-51.5%
Others1.24.41.40.3-37.0%
Total11.417.06.65.8-20.2%

Top Export Markets for Dried Apricot from Uzbekistan in 2022:

  1. Kazakhstan (1124.1 tons)
  2. Russia (612.5 tons)
  3. Ukraine (230.6 tons)
  4. Israel (156.6 tons)
  5. Azerbaijan (130.3 tons)
  6. Turkmenistan (94.2 tons)
  7. Belarus (82.3 tons)
  8. China (34.1 tons)

Dried Apricot Imports in Uzbekistan

In 2022, the amount of dried apricots imported into Uzbekistan surged to 2.6K tons, jumping by 4,343% compared with the previous year's figure. Overall, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 7,781% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in the near future.

In value terms, dried apricot imports surged to $953K in 2022. In general, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 6,908%. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Dried Apricot in Uzbekistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Afghanistan1.0N/AN/A912869.8%
Tajikistan0.499.431.611.7208.1%
UkraineN/AN/AN/A9.90%
IranN/AN/AN/A7.80%
OthersN/A0.267.211.0641.6%
Total1.499.698.7953779.7%

Top Suppliers of Dried Apricot to Uzbekistan in 2022:

  1. Afghanistan (2569.8 tons)
  2. Iran (20.4 tons)
  3. Tajikistan (20.1 tons)
  4. Ukraine (13.8 tons)

Source: IndexBox Market Intelligence Platform

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