Earlier Report Observations
The apricot market in India began the period at 16,302 tons in 2018 and grew to 16,468 tons in 2019. This initial increase coincided with the government's enhancement and continuation of the Minimum Support Price (MSP) policy for mandated crops, which aimed to secure farmer incomes and encourage stable agricultural output.
From 2020 to 2022, the market volume showed resilience with a slight contraction to 16,322 tons in 2020 followed by a recovery to 16,403 tons in 2021 and a more pronounced rise to 16,724 tons in 2022. The overall upward trajectory during these years reflected a steady market expansion.
A significant surge in the apricot market occurred in 2023, with volume reaching 17,549 tons. This growth took place alongside discussions on the necessity of government interventions to support local industries and stabilize market conditions. Looking ahead to 2024, policy measures such as the revision of the Open Market Sale Scheme (Domestic) and the continued fixation of MSPs for key crops were announced, indicating an ongoing framework of agricultural market support.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2023
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2023
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in India
- 5.1.1. Annual dynamics of production in India in kind, 2018-2023, t
- 5.1.2. Annual dynamics of production in India in value, 2018-2023, $ US
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5.2. Global production by Country, 2018-2023
- 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
- 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
- 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
- 5.2.4. Structure of production by countries in kind, 2018-2023
- 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.1. Production in India
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6. Imports
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6.1. Imports (Direct Data*)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, t
- 6.1.2.1. Annual dynamics of product's imports to India in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's imports in kind to India by countries, 2018-2024, t
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.1.3. Imports in value, K $ US
- 6.1.3.1. Annual dynamics of product's imports to India in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's imports in value to India by countries, 2018-2024, K $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
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6.1.4. Average price of product's imports, $ US/t
- 6.1.4.1. Annual dynamics of average price of product's imports to India, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's imports to India by countries, 2018-2024, $ US/t
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, t
- 6.2.2.1. Annual dynamics of product's imports to India in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's imports in kind to India by countries, 2018-2024, t
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.2.3. Imports in value, K $ US
- 6.2.3.1. Annual dynamics of product's imports to India in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's imports in value to India by countries, 2018-2024, K $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
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6.2.4. Average price of product's imports, $ US/t
- 6.2.4.1. Annual dynamics of average price of product's imports to India, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's imports to India by countries, 2018-2024, $ US/t
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6.1. Imports (Direct Data*)
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7. Exports
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7.1. Exports (Direct Data*)
- 7.1.1. Exports - Total information
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7.1.2. Exports in kind, t
- 7.1.2.1. Annual dynamics of product's exports from India in kind, 2018-2024, t
- 7.1.2.2. Dynamics of product's exports in kind from India by countries, 2018-2024, t
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.1.3. Exports in value, K $ US
- 7.1.3.1. Annual dynamics of product's exports from India in value, 2018-2024, K $ US
- 7.1.3.2. Dynamics of product's exports in value from India by countries, 2018-2024, K $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
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7.1.4. Average price of product's exports, $ US/t
- 7.1.4.1. Annual dynamics of average price of product's exports from India, 2018-2024, $ US/t
- 7.1.4.2. Dynamics of average price of product's exports from India by countries, 2018-2024, $ US/t
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7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
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7.2.2. Exports in kind, t
- 7.2.2.1. Annual dynamics of product's exports from India in kind, 2018-2024, t
- 7.2.2.2. Dynamics of product's exports in kind from India by countries, 2018-2024, t
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.2.3. Exports in value, K $ US
- 7.2.3.1. Annual dynamics of product's exports from India in value, 2018-2024, K $ US
- 7.2.3.2. Dynamics of product's exports in value from India by countries, 2018-2024, K $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
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7.2.4. Average price of product's exports, $ US/t
- 7.2.4.1. Annual dynamics of average price of product's exports from India, 2018-2024, $ US/t
- 7.2.4.2. Dynamics of average price of product's exports from India by countries, 2018-2024, $ US/t
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7.1. Exports (Direct Data*)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production apricots in India
In kind, 2017-2020, t
Top producers of apricots, 2017-2020
World map of production of apricots, 2017-2020
India's apricot production volume declined after two years of growth. In 2019, production reached its peak at 16,134 tonnes. However, in 2020, output fell to 15,833 tonnes, marking a 1.9% decrease from the previous year. The most significant annual increase occurred in 2018, when production rose by 1.9%.
Annual dynamics of production in India in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 1.9% | 1.9% | (1.9%) | 0.6% |
Exports apricots from India
Exports in kind, t
India's apricot exports declined for the third consecutive year. In 2020, exports amounted to 2.0 tonnes, representing a 58.0% drop compared to 2019. Over the period from 2017 to 2020, exports decreased by 94.4%, with a compound annual growth rate (CAGR) of -61.8%.
Annual dynamics of product's exports from India in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (76.3%) | (43.8%) | (58.0%) | (61.8%) |
From 2017 to 2020, Turkey, Nepal, and the United States were the top buyers of Indian apricots in terms of volume. Turkey accounted for 38.6% of exports, Nepal for 25.6%, and the United States for 12.3%. Together, these three countries represented 76.6% of India's total apricot exports by volume.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from India in kind, 2017-2020
Exports in value, K $ US
The value of India's apricot exports fell for the third year in a row. In 2020, exports were valued at 6.8 thousand US dollars, down 52.3% year-on-year. Between 2017 and 2020, export value decreased by 95%, with a compound annual growth rate (CAGR) of -63.2%.
Annual dynamics of product's exports from India in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (71.5%) | (63.3%) | (52.3%) | (63.2%) |
From 2017 to 2020, the United States, Nepal, and Vietnam were the leading buyers of Indian apricots in value terms. The United States accounted for 39.6% of export value, Nepal for 16.5%, and Vietnam for 13.5%. Combined, these three markets made up 69.6% of India's total apricot export value.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from India in value, 2017-2020
Imports apricots to India
Imports in kind, t
India's apricot import volume showed significant volatility from 2017 to 2020. Imports were at their lowest in 2017 and peaked in 2020, with a 4.3-fold difference between these years. In 2020, imports reached 491.3 tonnes, up 44.9% from 2019. The largest annual increase occurred in 2018, when imports surged by 322.1%, while the steepest decline was in 2019, with a 29.1% drop.
Annual dynamics of product's imports to India in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 322.1% | (29.1%) | 44.9% | 63.1% |
From 2017 to 2020, Afghanistan and Turkey were the primary sources for India's apricot imports by volume, together accounting for 88.1% of total imports. The remaining share was distributed among other markets.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to India in kind, 2017-2020
Imports in value, K $ US
India's apricot import value increased for the third consecutive year. In 2020, imports were valued at 836.1 thousand US dollars, rising 59.9% compared to 2019. Over the period from 2017 to 2020, import value grew by 606.2%, with a compound annual growth rate (CAGR) of 91.9%.
Annual dynamics of product's imports to India in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 231.8% | 33.1% | 59.9% | 91.9% |
From 2017 to 2020, Afghanistan and Turkey dominated India's apricot imports in value terms, jointly representing 82.4% of total import value. Other countries accounted for the remainder.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to India in value, 2017-2020
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