dried apricots

Dried Apricots: Prices to exceed 2015 levels? Malatya: Good export season for fresh apricots

Mintec Global
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The average farm price for fresh apricots increased from 5 TL/kg to 8 TL/kg niveau this season, increasing almost 60% compared with the previous Season. The farm prices for sulphured dried apricots type nr.4 are traded at 28 TL/kg levels this week, 22-23 TL/kg last Season. Price increases of at least 10% are noted since last week. Market players state that these increases are mainly caused by traders who are stocking huge as the sales of apricots went very good during the pandemic.

It is expected that these increases will continue since there is no carryover from the previous season and since the demands for Turkish dried apricots are continuously increasing. Market players added that the average export price of 4.60 USD/kg in 2015 therefıre could be exceeded and that this seasons export prices could reach 5 Usd/kg on average. Exporters are on the other side still hesitating to give offers for export since the market has not stabilized yet. The extremely hot temperatures, which are very favourable for drying, also continue in the Province Malatya.  Prices for the new crop offered by some exporters are as follows: (2000 ppm ) Jumbo 4400 Usd, 4200 Usd for type nr 1 and 2, 4.050 USD for type nr 3 and 4 on a FOB Mersin basis.

Turkey exported 675 mt apricots and apricot products last week, which were 784 mt during the same week of last year and reached 87.121 mt, which was 96.322 mt last Season.  Turkish Lira appreciated and reached the Usd/TL rate at 8.35 TL (8.54 last week) and Euro/TL rate at 9.92 TL levels (10.10 TL Last week). 

 Apricots, Turkey, Crop 2020 (2000 ppm)

SizeUSD/mt
Jumbo4150-4.300
No. 14150-4.300
No. 24150-4.300
No. 34150-4.300

Apricots, Turkey, Crop 2021 (2000 ppm)

SizeUSD/mt
Jumbo 4400
No. 14200
No. 24200
No. 34050

 

Dried apricot exports on the mt basis
Season2020/212019/20
Amount87.12196.322
Since the beginning of the season

Source: Trade etc.

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