Price for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Saudi Arabia - 2022
Contents:
- Price for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Saudi Arabia (FOB) - 2022
- Price for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Saudi Arabia (CIF) - 2022
- Exports of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Saudi Arabia
- Imports of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Saudi Arabia
Price for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Saudi Arabia (FOB) - 2022
In 2021, the average export price for apricots, cherries, peaches (including nectarines), plums and sloes, freshes amounted to $648 per ton, reducing by -22.2% against the previous year. Overall, the export price recorded a deep slump. The growth pace was the most rapid in 2019 when the average export price increased by 18%. The export price peaked at $1,321 per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Oman ($2,667 per ton), while the average price for exports to Syrian Arab Republic ($404 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Jordan (+16.0%), 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 Saudi Arabia (CIF) - 2022
The average import price for apricots, cherries, peaches (including nectarines), plums and sloes, freshes stood at $963 per ton in 2021, surging by 24% against the previous year. Over the last nine years, it increased at an average annual rate of +3.1%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Chile ($1,939 per ton), while the price for Syrian Arab Republic ($665 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Lebanon (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Saudi Arabia
In 2022, after three years of growth, there was significant decline in shipments abroad of apricots, cherries, peaches (including nectarines), plums and sloes, freshes, when their volume decreased by -93.3% to 338 tons. Over the period under review, exports showed a dramatic contraction. The most prominent rate of growth was recorded in 2020 with an increase of 173% against the previous year.
In value terms, exports of apricots, cherries, peaches (including nectarines), plums and sloes, freshes fell notably to $390K in 2022. Overall, exports faced a precipitous slump. The growth pace was the most rapid in 2020 with an increase of 212%.
| Export of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Saudi Arabia (Thousand USD) | ||||
|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
| Jordan | N/A | 7.6 | 457 | 5913.2% |
| Syrian Arab Republic | N/A | N/A | 426 | 0% |
| Kuwait | 135 | 307 | 383 | 68.4% |
| Bahrain | 102 | 479 | 126 | 11.1% |
| United Arab Emirates | 77.9 | 194 | 98.3 | 12.3% |
| Yemen | N/A | 97.4 | 96.1 | -1.3% |
| Oman | 65.5 | 97.1 | 48.6 | -13.9% |
| Others | 381 | 1,194 | 1,638 | 107.3% |
| Total | 762 | 2,376 | 3,274 | 107.3% |
Top Export Markets for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh from Saudi Arabia in 2022:
- Syrian Arab Republic (1054.7 tons)
- Jordan (753.6 tons)
- Kuwait (443.6 tons)
- Bahrain (113.6 tons)
- Yemen (77.9 tons)
- United Arab Emirates (64.6 tons)
- Oman (18.2 tons)
Imports of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Saudi Arabia
In 2021, purchases abroad of apricots, cherries, peaches (including nectarines), plums and sloes, freshes decreased by -15.1% to 72K tons for the first time since 2018, thus ending a two-year rising trend. In general, imports showed a deep setback. The most prominent rate of growth was recorded in 2020 with an increase of 2.2%. As a result, imports attained the peak of 85K tons, and then contracted dramatically in the following year.
In value terms, imports of apricots, cherries, peaches (including nectarines), plums and sloes, freshes expanded notably to $70M in 2021. Over the period under review, imports continue to indicate a relatively flat trend pattern.
| Import of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Saudi Arabia (Million USD) | ||||
|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
| Jordan | 15.4 | 15.2 | 25.6 | 28.9% |
| South Africa | 13.3 | 12.5 | 14.3 | 3.7% |
| Syrian Arab Republic | 2.2 | 8.9 | 7.0 | 78.4% |
| Egypt | 4.4 | 4.2 | 5.6 | 12.8% |
| Spain | 7.3 | 4.5 | 4.3 | -23.3% |
| Chile | 3.8 | 4.1 | 3.3 | -6.8% |
| Greece | 1.2 | 0.7 | 2.5 | 44.3% |
| Lebanon | 7.0 | 5.6 | N/A | -20.0% |
| Turkey | 3.8 | 2.7 | N/A | -28.9% |
| Others | 11.6 | 7.7 | 7.0 | -22.3% |
| Total | 69.9 | 66.0 | 69.5 | -0.3% |
Top Suppliers of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh to Saudi Arabia in 2022:
- Jordan (37.3K tons)
- Syrian Arab Republic (10.6K tons)
- South Africa (8.6K tons)
- Egypt (6.6K tons)
- Spain (3.0K tons)
- Chile (1.7K tons)
- Greece (1.5K tons)
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