Price for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Australia - 2024
Contents:
- Price for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Australia (FOB) - 2022
- Price for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Australia (CIF) - 2024
- Exports of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Australia
- Imports of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Australia
Price for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Australia (FOB) - 2022
The average export price for apricots, cherries, peaches (including nectarines), plums and sloes, freshes stood at $4,835 per ton in 2022, declining by -2.4% against the previous year. Over the last decade, it increased at an average annual rate of +2.4%. The pace of growth was the most pronounced in 2020 an increase of 13% against the previous year. The export price peaked at $4,953 per ton in 2021, and then contracted slightly in the following year.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($13,468 per ton), while the average price for exports to Saudi Arabia ($2,315 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 Hong Kong SAR (+9.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Australia (CIF) - 2024
In September 2023, the average import price for apricots, cherries, peaches (including nectarines), plums and sloes, freshes amounted to $7,949 per ton, picking up by 4.2% against the previous month. Overall, the import price, however, faced a abrupt descent. The growth pace was the most rapid in August 2023 when the average import price increased by 11% against the previous month. The import price peaked at $12,253 per ton in May 2023; however, from June 2023 to September 2023, 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 the United States.
From May 2023 to September 2023, the rate of growth in terms of prices for the United States amounted to -10.3% per month.
Exports of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Australia
In 2022, the amount of apricots, cherries, peaches (including nectarines), plums and sloes, freshes exported from Australia shrank significantly to 41K tons, with a decrease of -19.4% on the previous year. Overall, exports showed a abrupt contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 5.2% against the previous year.
In value terms, exports of apricots, cherries, peaches (including nectarines), plums and sloes, freshes shrank significantly to $196M in 2022. In general, exports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 9.2% against the previous year. As a result, the exports attained the peak of $250M, and then declined significantly in the following year.
| Export of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 51.3 | 44.7 | 49.0 | 37.0 | -10.3% |
| Hong Kong SAR | 18.3 | 15.2 | 21.9 | 14.9 | -6.6% |
| Vietnam | 7.3 | 8.5 | 10.7 | 10.8 | 13.9% |
| Singapore | 10.3 | 10.5 | 10.0 | 8.7 | -5.5% |
| Taiwan (Chinese) | 4.0 | 4.3 | 6.2 | 6.9 | 19.9% |
| Indonesia | 4.2 | 4.0 | 2.9 | 4.3 | 0.8% |
| Malaysia | 5.4 | 5.2 | 6.0 | 4.3 | -7.3% |
| Canada | 2.1 | 2.7 | 2.2 | 1.6 | -8.7% |
| United Arab Emirates | 4.0 | 3.9 | 3.3 | 1.6 | -26.3% |
| Kuwait | 2.0 | 2.4 | 1.6 | 0.6 | -33.1% |
| Saudi Arabia | 4.6 | 3.1 | 1.6 | 0.2 | -64.8% |
| Others | 127 | 124 | 134 | 106 | -5.8% |
| Total | 240 | 229 | 250 | 196 | -6.5% |
Top Export Markets for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh from Australia in 2022:
- China (11.6K tons)
- Singapore (2.0K tons)
- Hong Kong SAR (1.8K tons)
- Malaysia (0.8K tons)
- Vietnam (0.8K tons)
- Taiwan (Chinese) (0.7K tons)
- United Arab Emirates (0.5K tons)
- Indonesia (0.5K tons)
- Canada (0.3K tons)
- Kuwait (0.2K tons)
- Saudi Arabia (0.1K tons)
Imports of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Australia
In 2022, the amount of apricots, cherries, peaches (including nectarines), plums and sloes, freshes imported into Australia fell dramatically to 3.8K tons, shrinking by -48.6% on 2021 figures. Over the period under review, imports showed a sharp descent. The growth pace was the most rapid in 2021 when imports increased by 9.9% against the previous year.
In value terms, imports of apricots, cherries, peaches (including nectarines), plums and sloes, freshes contracted dramatically to $32M in 2022. In general, imports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 24% against the previous year. As a result, imports reached the peak of $58M, and then shrank notably in the following year.
| Import of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 27.0 | 21.1 | 28.2 | 14.9 | -18.0% |
| New Zealand | 1.3 | 2.1 | 0.6 | 0.8 | -14.9% |
| South Africa | N/A | N/A | N/A | 0.2 | 0% |
| Others | 28.5 | 23.3 | 29.0 | 15.8 | -17.9% |
| Total | 56.7 | 46.5 | 57.8 | 31.6 | -17.7% |
Top Suppliers of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh to Australia in 2022:
- United States (1678.9 tons)
- New Zealand (149.2 tons)
- South Africa (73.6 tons)
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