Price for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in China - 2024

Contents:

  1. Price for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in China (CIF) - 2024
  2. Price for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in China (FOB) - 2024
  3. Imports of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in China
  4. Exports of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in China

Price for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in China (CIF) - 2024

The average import price for apricots, cherries, peaches (including nectarines), plums and sloes, freshes stood at $4,970 per ton in September 2023, dropping by -12.6% against the previous month. Overall, the import price, however, enjoyed a strong increase. The pace of growth appeared the most rapid in June 2023 an increase of 188% m-o-m. As a result, import price reached the peak level of $7,886 per ton. From July 2023 to September 2023, the average import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In September 2023, the country with the highest price was Canada ($5,998 per ton), while the price for Spain ($4,143 per ton) was amongst the lowest.

From May 2023 to September 2023, the most notable rate of growth in terms of prices was attained by Chile (+39.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in China (FOB) - 2024

In September 2023, the average export price for apricots, cherries, peaches (including nectarines), plums and sloes, freshes amounted to $1,214 per ton, increasing by 16% against the previous month. Over the period under review, the export price, however, showed a deep slump. Over the period under review, the average export prices attained the maximum at $1,582 per ton in May 2023; however, from June 2023 to September 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Singapore ($2,137 per ton), while the average price for exports to Vietnam ($799 per ton) was amongst the lowest.

From May 2023 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+3.2%), while the prices for the other major destinations experienced a decline.

Imports of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in China

Imports of apricots, cherries, peaches (including nectarines), plums and sloes, freshes into China surged to 515K tons in 2022, with an increase of 25% compared with the previous year. In general, imports, however, recorded a deep reduction. The pace of growth was the most pronounced in 2021 with an increase of 31%.

In value terms, imports of apricots, cherries, peaches (including nectarines), plums and sloes, freshes surged to $3.1B in 2022. Overall, imports, however, recorded a pronounced reduction.

Import of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Chile1,4511,7192,0722,99427.3%
United States10198.180.246.4-22.8%
Australia49.553.253.545.8-2.6%
Others1,73651.543.553.9-68.6%
Total3,3381,9222,2503,140-2.0%

Top Suppliers of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh to China in 2022:

  1. Chile (492.5K tons)
  2. Australia (11.9K tons)
  3. United States (5.3K tons)

Exports of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in China

In 2022, overseas shipments of apricots, cherries, peaches (including nectarines), plums and sloes, freshes increased by 29% to 102K tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, saw a dramatic contraction.

In value terms, exports of apricots, cherries, peaches (including nectarines), plums and sloes, freshes surged to $141M in 2022. Overall, exports, however, continue to indicate a dramatic decline.

Export of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam17617983.663.9-28.7%
Kyrgyzstan1.27.86.523.6169.9%
Russia28.0N/AN/A21.2-8.9%
Hong Kong SAR10.211.712.116.617.6%
Thailand5.07.53.44.8-1.4%
UzbekistanN/A10.54.92.9-47.4%
India2.45.11.22.1-4.4%
Mongolia0.30.20.20.410.1%
Kazakhstan31.8N/A0.20.1-85.3%
Others2738.65.15.7-72.5%
Total529230117141-35.6%

Top Export Markets for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh from China in 2022:

  1. Vietnam (48.4K tons)
  2. Kyrgyzstan (20.1K tons)
  3. Russia (12.4K tons)
  4. Hong Kong SAR (8.2K tons)
  5. Thailand (2.9K tons)
  6. Uzbekistan (2.4K tons)
  7. India (2.0K tons)
  8. Mongolia (1.6K tons)
  9. Kazakhstan (0.1K tons)

Source: IndexBox Market Intelligence Platform

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