Apricots market in Eastern Europe (including Northern Asia)

Earlier Report Observations

The apricot market in Eastern Europe and Northern Asia exhibited considerable volatility from 2018 to 2023. Market volume peaked at 344 thousand tons in 2019, then contracted sharply to 298 thousand tons in 2020. After a further slight decline to 288 thousand tons in 2021, it rebounded strongly to 334 thousand tons in 2022 before easing to 325 thousand tons in 2023.

This fluctuation was driven by opposing trends in domestic production and imports. Local apricot output fell steadily from 256 thousand tons in 2018 to 180 thousand tons in 2023, a drop of nearly 30%. Meanwhile, imports more than compensated, rising from 88 thousand tons to 150 thousand tons over the same period, which helped stabilize overall market supply.

Production apricots in Eastern Europe (including Northern Asia)

In kind, 2017-2020, K t

Top producers of apricots, 2017-2020

World map of production of apricots, 2017-2020

Eastern Europe (including Northern Asia) experienced a second consecutive year of decline in apricot production. In 2020, the region produced 198.5 K t of apricots, which represents a 21.1% decrease compared to the previous year. Looking at the period from 2017 to 2020, production fell by 16%, with a compound annual growth rate of -5.6%. The peak production was recorded in 2018 at 256.0 K t, which also saw the largest annual increase of 8.4%.

Annual dynamics of production in Eastern Europe (including Northern Asia) in kind, 2017-2020, K t

Exports apricots from Eastern Europe (including Northern Asia)

Exports in kind, K t

In 2020, Eastern Europe (including Northern Asia) exported 2.5 K t of apricots, showing a sharp decline of 56.7% from the previous year. From 2017 to 2020, exports decreased by 63.7%, translating to an annualized rate of -28.6%. The largest increase occurred in 2019, with a jump of 68.0%.

Annual dynamics of product's exports from Eastern Europe (including Northern Asia) in kind, 2017-2020, K t

The export market for apricots in kind from 2017 to 2020 was diverse, with Austria accounting for 11.9% of exports, Germany for 9.4%, and Greece for 1.1%. Together, these three countries made up just 22.3% of total flows, while the remaining 77.7% was distributed among numerous other nations.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Eastern Europe (including Northern Asia) in kind, 2017-2020

Exports in value, M $ US

In 2020, the value of apricot exports from Eastern Europe (including Northern Asia) amounted to 5.2 M $ US, marking a steep decline of 41.4% year-over-year. Over the 2017-2020 period, exports decreased by 45%, with a compound annual growth rate of -18.1%. The largest increase was recorded in 2019 at 46.9%.

Annual dynamics of product's exports from Eastern Europe (including Northern Asia) in value, 2017-2020, M $ US

From 2017 to 2020, the partner structure for apricot exports in value terms was balanced rather than concentrated. Austria represented 21.6% of exports, Germany 14.8%, and Lithuania 2.6%, together accounting for 38.9% of total flows. The remaining 61.1% was shared by many other countries.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Eastern Europe (including Northern Asia) in value, 2017-2020

Imports apricots to Eastern Europe (including Northern Asia)

Imports in kind, K t

Foreign apricot supplies to Eastern Europe (including Northern Asia) increased for the second consecutive year. In 2020, the region imported approximately 102.3 K t of apricots, up by 4.0% compared to the previous year. Between 2017 and 2020, imports rose by 3%, equating to an annualized rate of 1.0%. The lowest volume was recorded in 2018 at 88.4 K t, which also saw the largest decline of 11.0%. The largest increase occurred in 2019, with a rise of 11.3%.

Annual dynamics of product's imports to Eastern Europe (including Northern Asia) in kind, 2017-2020, K t

Throughout 2017 to 2020, Turkey, Uzbekistan, and Greece were the key sources for apricot imports in kind, accounting for 27.5%, 14.8%, and 12.7% of imports, respectively. Together, they represented 55.0% of total import flows.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Eastern Europe (including Northern Asia) in kind, 2017-2020

Imports in value, M $ US

The value of apricot imports into Eastern Europe (including Northern Asia) increased for the second consecutive year. In 2020, imports amounted to 107.8 M $ US, indicating a modest rise of 1.9% from the previous year. From 2017 to 2020, imports grew by 15.4%, with an annualized rate of 4.9%. The lowest value was recorded in 2018 at 85.8 M $ US, which also experienced the largest decline of 8.1%. The largest increase occurred in 2019, with a jump of 23.2%.

Annual dynamics of product's imports to Eastern Europe (including Northern Asia) in value, 2017-2020, M $ US

Over the 2017-2020 period, Turkey, Uzbekistan, and Spain were the main sources for apricot imports in value terms, accounting for 31.1%, 14.9%, and 13.7% of imports, respectively. Together, they absorbed 59.7% of total import value into Eastern Europe (including Northern Asia).

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Eastern Europe (including Northern Asia) in value, 2017-2020