Apple Price Trend and Forecast

Apple Regional Price Overview

Get the latest insights on price movement and trend analysis of Apples in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).


Apple Price Trend for the Second Half of 2023

The fruit growers in Kashmir enjoyed a surge in their production returns as traditional apple varieties commanded higher prices in the market in the last two quarters of 2023. Compared to previous years of struggle and minimal profits, growers now witnessed an increased demand and substantial profits, with some reporting double the prices from last year.

Apple Price Chart

Apple Price Trends and Forecast

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In addition to this, government assistance has facilitated smoother transportation, resulting in better returns for farmers as the supply sector was able to meet the requirements of consumer demand without any delay. This upturn was a significant relief for an industry that faced substantial losses in the previous quarters. Although this year's production has decreased, steady and strong demand offers hope for sustained relief in the industry.

Analyst Insight

According to Procurement Resource, the price trend of Apple is expected to maintain its uproar in the next few quarters, too, as the limited production rates and overpowering demand might cause an imbalance in supply-demand equilibria.

Apple Price Trend for First Half of 2023

In China and other apple-growing Asian countries, the rates of production in the first two quarters of 2023 declined by almost 5%. The major cause of the fall in the produce was unfavorable weather conditions like unseasonal rains, extreme temperatures, and hailstorms, especially in top apple-producing regions in China such as Shaanxi and Shandong. Not only the Asian regions but the US markets were also adversely affected by similar causes as the production slipped to the lowest possible levels since 2012.

As a result of reduced supplies, exports to the United States declined for a third straight year, falling to their lowest level since 2003–04 at alarming levels. In addition to this, Cyclone Gabrielle's effects on New Zealand's export supply also had a negative impact on crops and raised concerns in the industry. The cyclone's overall impact is anticipated to result in a 60,000-ton decrease in production to 453,000 tons and a more than 20% decrease in exports.

Overall, the supply of apples globally remained restricted due to a number of causes, climate change being the most significant of them. However, the demand for apples around the globe only saw an incline, pushing its prices towards a northward trajectory.

Analyst Insight

According to Procurement Resource, the price of Apples is expected to showcase a mixed trend as the restricted supply will likely fall short of managing the demand from the consumer sector.

Procurement Resource provides latest prices of Apple. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.

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About Apple

Apples are one of the most cultivated and consumed fruits around the world, which is available in various colors such as red, green, and yellow. It has a sweet taste, crisp texture, tart flavor and is often eaten as a fresh snack. It is also employed in various culinary applications such as pies, applesauce, juices, etc. They are also a source of essential nutrients and dietary fiber.

Apple Product Details

Report Features Details
Product Name Apple
Industrial Uses Flavoring and extracts, Cider production, Pectin extraction, Fragrances
HS Code 080810
Supplier Database Washington Fruit & Produce Co , Auvil Fruit Co Inc, Symms Fruit Ranch Inc, Stemilt Growers LLC, Jewel Apple Ltd, Gilbert Orchards
Region/Countries Covered Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand

Europe: Germany, France, United Kingdom, Italy,  Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece

North America: United States and Canada

Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru

Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
Currency US$ (Data can also be provided in local currency)
Supplier Database Availability Yes
Customization Scope The report can be customized as per the requirements of  the customer
Post-Sale Analyst Support 360-degree analyst support after report delivery

Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.


The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).

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