Price for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Ethiopia - 2022

Contents:

  1. Price for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Ethiopia (CIF) - 2022
  2. Price for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Ethiopia (FOB) - 2022
  3. Imports of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Ethiopia
  4. Exports of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Ethiopia

Price for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Ethiopia (CIF) - 2022

In 2022, the average import price for apricots, cherries, peaches (including nectarines), plums and sloes, freshes amounted to $1,500 per ton, declining by -3.1% against the previous year. Overall, the import price recorded a pronounced slump. The most prominent rate of growth was recorded in 2015 an increase of 130%. As a result, import price reached the peak level of $2,108 per ton. From 2016 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Pakistan ($4,884 per ton), while the price for Tunisia ($466 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+49.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Ethiopia (FOB) - 2022

The average export price for apricots, cherries, peaches (including nectarines), plums and sloes, freshes stood at $703 per ton in 2022, surging by 47% against the previous year. Over the period under review, the export price recorded resilient growth. The most prominent rate of growth was recorded in 2016 an increase of 91%. The export price peaked at $4,292 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Ireland ($6,750 per ton), while the average price for exports to Djibouti ($190 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 the United Arab Emirates (+60.0%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, the amount of apricots, cherries, peaches (including nectarines), plums and sloes, freshes imported into Ethiopia was estimated at 115 tons, surging by 6.9% on the year before. Over the period under review, imports saw significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 256% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of apricots, cherries, peaches (including nectarines), plums and sloes, freshes expanded to $173K in 2022. Overall, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 283%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Tunisia10.729.530.433.846.7%
PakistanN/A3.2N/A22.3164.0%
UzbekistanN/AN/AN/A18.30%
South Africa6.912.38.07.84.2%
Turkey1.46.66.77.272.6%
United Arab Emirates0.24.14.73.8166.8%
Sri LankaN/AN/A17.8N/A0%
Others21.198.899.379.555.6%
Total40.315416717362.5%

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

  1. Tunisia (72.6 tons)
  2. Uzbekistan (9.2 tons)
  3. Pakistan (4.6 tons)
  4. South Africa (2.2 tons)
  5. United Arab Emirates (2.0 tons)
  6. Turkey (1.5 tons)

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

For the fourth consecutive year, Ethiopia recorded growth in overseas shipments of apricots, cherries, peaches (including nectarines), plums and sloes, freshes, which increased by 126% to 10 tons in 2022. Over the period under review, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of apricots, cherries, peaches (including nectarines), plums and sloes, freshes surged to $7.3K in 2022. In general, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IrelandN/AN/AN/A6.00%
Djibouti0.10.20.20.571.0%
Poland0.40.30.10.3-9.1%
Hong Kong SAR2.7N/AN/AN/A0%
United StatesN/A0.3N/AN/A0%
Saudi ArabiaN/AN/A1.6N/A0%
OthersN/A0.30.20.529.1%
Total3.21.12.27.331.6%

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

  1. Djibouti (2.8 tons)
  2. Ireland (0.9 tons)
  3. Poland (0.3 tons)

Source: IndexBox Market Intelligence Platform

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