The US fresh apricots export market exhibited fluctuating trends from 2013 to 2023, starting at 17.13 million pounds and gradually declining to 10.14 million pounds in 2023. Significant downturns occurred in 2015 (down 18.97%) and 2018 (down 43.38%). More recent data shows a consistent decline from 2019, with decreases of approximately 2.6% year-on-year from 2020 to 2023. The five-year CAGR leading to 2023 is approximately 0.83%, revealing a slight annual growth despite intermittent declines.
Forecasts from 2024 to 2028 predict continued decline, with a projected five-year CAGR of -2.43%, cumulatively resulting in an 11.56% decrease through 2028.
Future trends to monitor include potential impacts of climate change on harvest yields, the influence of international trade policies, and shifts in global demand dynamics for fresh apricots.
