Apricots market in Spain

Earlier Report Observations

The market size for apricots in Spain, measured in value, experienced a pronounced contraction between 2018 and 2021. Starting at 104.3 million US dollars, it fell to 76.2 million in 2019, then to 58.3 million in 2020, and reached a low of 36.1 million in 2021. This represented a cumulative drop of over 65% in just three years.

A reversal began in 2022, with the market growing to 46.0 million dollars, and it continued to recover in 2023, reaching 69.5 million. While this rebound was significant, the 2023 value remained about one-third below the 2018 peak. The market's movement was influenced by changes in production and trade flows; for instance, the sharp decline in exports in 2022 contributed to a larger domestic availability despite lower production.

In 2024, Mercasa's annual report on food in Spain emphasized the strength of the country's agri-food sector, including a growing trade surplus and a 10% increase in exports in 2023. The report also noted the role of the Mercas wholesale network, with over 1 200 companies, in the distribution of fresh produce, and highlighted sustainability and fresh food consumption as key consumer trends. These broader sectoral developments provide context for the apricot market's environment.

Production apricots in Spain

In kind, 2017-2020, K t

Spain ranked 7th globally in apricot production from 2017 to 2020.

Top producers of apricots, 2017-2020

World map of production of apricots, 2017-2020

Apricot production in Spain declined for the second consecutive year. In 2020, Spain produced 128.7 K t of apricots, marking a significant 11.7% decrease from the previous year. Over the 2017-2020 period, production fell by 21%, with a compound annual growth rate of -7.5%. The highest production was recorded in 2018 at 176.3 K t, which saw an 8.2% increase. The largest decline occurred in 2019, with a 17.3% drop.

Annual dynamics of production in Spain in kind, 2017-2020, K t

In value, 2017-2020, M $ US

In 2020, the value of apricot output in Spain reached 227.5 M $ US, up 9.3% from the previous year. The lowest value was recorded in 2019 at 208.2 M $ US, which saw a 23.7% decline. The highest value was in 2018 at 272.6 M $ US, marking a 21.3% increase.

Annual dynamics of production in Spain in value, 2017-2020, M $ US

Exports apricots from Spain

Exports in kind, K t

In 2020, Spain exported 96.0 K t of apricots, showing a modest 3.4% increase compared to 2019. Over the 2017-2020 period, exports grew by 7.6%, with a compound annual growth rate of 2.5%. The peak was in 2018 at 109.2 K t, which saw a 22.4% rise. The largest decline occurred in 2019, with a 15.0% drop.

Annual dynamics of product's exports from Spain in kind, 2017-2020, K t

From 2017 to 2020, Germany (34.4% of exports in kind), France (17.4%), and Italy (13.2%) were the main markets for Spain's apricot exports, collectively accounting for 65.0% of total flows.

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

World map of product's exports from Spain in kind, 2017-2020

Exports in value, M $ US

In 2020, Spain's apricot exports were valued at 169.7 M $ US, representing a 28.1% year-over-year gain. Over the 2017-2020 period, exports increased by 37.7%, with a compound annual growth rate of 11.3%. The largest decline was in 2019, with a 21.6% drop, while the largest increase was in 2018, with a 37.1% rise.

Annual dynamics of product's exports from Spain in value, 2017-2020, M $ US

From 2017 to 2020, Germany (35.5% of exports in value terms), France (16.3%), and Italy (11.1%) played leading roles in Spain's apricot exports, together making up 62.9% of total flows.

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

World map of product's exports from Spain in value, 2017-2020

Imports apricots to Spain

Imports in kind, K t

Apricot imports into Spain declined for the third consecutive year. In 2020, imports totaled 0.6 K t, showing a sharp 29.1% reduction from the previous year. Over the 2017-2020 period, imports decreased by 73.1%, with a compound annual growth rate of -35.5%.

Annual dynamics of product's imports to Spain in kind, 2017-2020, K t

From 2017 to 2020, France accounted for 79.8% of Spain's apricot imports in kind, with the remaining flows distributed among multiple smaller partners.

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

World map of product's imports to Spain in kind, 2017-2020

Imports in value, M $ US

After a two-year decrease, apricot imports into Spain increased in 2020. Spain imported 0.5 M $ US worth of apricots, up 0.6% from the previous year. Between 2017 and 2020, imports fell by 49.2%, equating to an annualized rate of -20.2%. The lowest value was recorded in 2019 at 0.5 M $ US, while the largest decline occurred in 2018, with a 41.2% drop.

Annual dynamics of product's imports to Spain in value, 2017-2020, M $ US

From 2017 to 2020, France (47.8% of imports in value terms), Italy (9.7%), and Chile (7.7%) were the largest suppliers of apricots to Spain, together forming 65.2% of total imports in value terms.

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

World map of product's imports to Spain in value, 2017-2020