The consumption of dried apricots in the US demonstrated significant fluctuations from 2013 to 2023. The highest consumption was recorded in 2013 at 0.67 pounds, while the lowest was in 2014 at 0.45 pounds. The year-on-year variation highlighted substantial volatility with increases of 24.49% in 2015 and 22.59% in 2017, contrasted by significant drops of 33.18% in 2014 and 23.45% in 2018. The consumption stood at 0.48 pounds in 2023, showing a year-on-year decline of 1.22%. Over the last five years, the Compound Annual Growth Rate (CAGR) indicated an average annual variation, emphasizing a -1.05% decline projected through 2028.
Future trends to watch include shifts in consumer preferences towards healthier snack options, potential impacts of pricing fluctuations in the dried fruit market, and the influence of economic factors on discretionary spending on dried fruits. Monitoring these trends will be critical in anticipating changes in dried apricot consumption patterns.
