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Apricots: Price increase expected after the holidays

August 31, 2017 at 3:28 PM , Der AUDITOR
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MALATYA. The apricot farmers' financial difficulties made it easy for Turkish dried fruit traders to stock up at low prices before the holidays. Things should be different as of next week.

Big apricots are rare
Market players assume that the prices for Jumbo-sized as well as No. 1 to No. 3 dried apricots will rise rapidly after the holidays. The smaller sized No. 4 to No. 8 fruit should also become more expensive, but thanks to the good availability, the prices should not rise as much as for the bigger dried apricots.

More than 140,000 mt of dried apricots are expected to be produced by Turkish farmers this year, this corresponds to a rise in production of more than 40 % compared to 2016. However, a side-effect of the increased production is that the trees are mainly bearing small fruit.

Dried apricots, Turkey

Size

USD/mt

EUR/mt

No. 2

3,000

2,506

No. 4

2,600

2,172

No. 6

2,100

1,754

Diced, 5x8 mm

1,500

1,253

FOB Mersin

Exports are going well
In the first four weeks of the new season, Turkish dried fruit exporters have delivered a total of 7,294 mt to foreign countries. About 6,000 mt of this amount are supposed to be from the 2017 crop, which would be 82 % of the export volume to date.

Export of dried apricots in mt

Type

2017/18

2016/17

Whole

6,119

5,923

Industrial goods

555

540

Diced

620

446

Total

7,294

6,909

Since the beginning of the season

Attached Files

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Price Chart Apricots, dried, No. 2

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