Price for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in the United Arab Emirates - 2022

Contents:

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

Price for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in the United Arab Emirates (CIF) - 2022

The average import price for apricots, cherries, peaches (including nectarines), plums and sloes, freshes stood at $1,747 per ton in 2022, dropping by -13.8% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 30% against the previous year. As a result, import price reached the peak level of $2,026 per ton, and then declined in the following year.

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 the United States ($8,283 per ton), while the price for Iran ($493 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+11.2%), 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 the United Arab Emirates (FOB) - 2022

In 2022, the average export price for apricots, cherries, peaches (including nectarines), plums and sloes, freshes amounted to $1,624 per ton, declining by -16.5% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average export price increased by 88%. Over the period under review, the average export prices reached the maximum at $2,431 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Afghanistan ($2,547 per ton), while the average price for exports to Egypt ($1,040 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 Iraq (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in the United Arab Emirates

Imports of apricots, cherries, peaches (including nectarines), plums and sloes, freshes into the United Arab Emirates dropped notably to 32K tons in 2022, declining by -17.3% against the previous year. The total import volume increased at an average annual rate of +1.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 34%. As a result, imports attained the peak of 39K tons, and then dropped remarkably in the following year.

In value terms, imports of apricots, cherries, peaches (including nectarines), plums and sloes, freshes plummeted to $56M in 2022. Over the period under review, imports, however, continue to indicate a resilient increase. The pace of growth was the most pronounced in 2021 with an increase of 74% against the previous year. As a result, imports reached the peak of $79M, and then reduced remarkably in the following year.

Top Suppliers of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh to the United Arab Emirates in 2022:

1. South Africa (9.0K tons)
2. Iran (1.4K tons)
3. Jordan (1.1K tons)
4. Italy (1.0K tons)
5. Turkey (0.8K tons)
6. Spain (0.8K tons)
7. Lebanon (0.6K tons)
8. Egypt (0.5K tons)
9. Afghanistan (0.2K tons)
10. Australia (0.2K tons)
11. Chile (0.1K tons)

Exports of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in the United Arab Emirates

In 2022, exports of apricots, cherries, peaches (including nectarines), plums and sloes, freshes from the United Arab Emirates soared to 4.6K tons, growing by 36% on 2021. Overall, exports showed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 90% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see gradual growth in years to come.

In value terms, exports of apricots, cherries, peaches (including nectarines), plums and sloes, freshes expanded rapidly to $7.4M in 2022. Over the period under review, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +15.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +82.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 60% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.

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

1. Saudi Arabia (1232.2 tons)
2. Oman (325.0 tons)
3. Kuwait (239.6 tons)
4. Iraq (68.3 tons)
5. Qatar (36.5 tons)
6. Afghanistan (34.5 tons)
7. Egypt (26.1 tons)

Source: IndexBox Market Intelligence Platform