Export Markets Clause Samples

Export Markets. According to fresh fruit exporters, profit margins in export of fresh apricots are significantly higher than those in traditionally exported fruits like mangoes and citrus. Currently, all fresh apricots being exported are first imported from Afghanistan, repackaged and then exported to the Middle East. Exporters in Karachi had indicated that their ability to export apricots is limited mainly by the quantities available from Afghanistan (Apex Consulting Study 2010). A few traders in Gilgit assert that apricots from Gilgit Baltistan can be exported to by air through Skardu airport. They state that there is at least one daily PIA flight between Skardu and Islamabad (subject to weather conditions). This flight can be used to fly batches of pre-packed fresh apricots to Islamabad that can then be flown to a number of Middle Eastern and European destinations through a number of direct flights. Huge figures were reported in an earlier study done on commercial potential of apricots from the Gilgit Baltistan region. Potential sales were assumed on the basis of the total estimated production of the entire region. During the validation process, this consultant however understood that several practical limitations on grounds mentioned above would make it impossible to realize volumes as projected in the earlier studies. A more pragmatic estimate by the consultant is given below in Table 12 for an estimated projection.

Export Markets. World fresh apricot trade stood at slightly above USD 440 million in the year 2012. A total of 323 thousand tons were exported at an average price of USD 1,363 per ton. Dried apricot trade stood at US dollar 391 million in 2012, with a total of 164,400 tons exported at an average price of USD 2380 per ton. The largest volumes of apricot exports were traded fresh (53.6%) followed by 27.3% of dried apricot traded internationally. Apricot processed product exports were 19.1% of total volumes traded. Fresh apricot international trade steadily increased 21% annually between 2008 and 2012, whereas dried and processed apricot international trade remained static in those five years. ITC Statistics indicate that there is a sizeable (USD 157 million) international market for apricot products. International trade of processed apricots comprised 16% of world trade in terms of value ,and 19% of trade volume in 2012. It is worth noting that Pakistan was not present in the processed apricot products category. It is also worth noting the comparison in Table 15 below, while fresh apricot exports were a bigger portion of world trade, Pakistan’s fresh trade lagged behind dried apricot exports both in value and volume. The table below shows the product mix of world apricot markets, and Pakistan’s share of mthe arket in the respective categories. Fresh 440,163 323,022 44.5% 53.6% Dried 391,323 164,400 39.6% 27.3% Processed 157,561 114,912 15.9% 19.1% Total 989,047 602,334 100% 100.0% Fresh 438 396 30.6% 48.5% Dried 993 420 69.4% 51.5% Processed - - - - Total 1,431 816 100% 100% Source: ITC Trade Map Statistics Source: ITC Trade Map Statistics The majority of apricots are consumed in producing countries, and approximately only 8% of world production was traded in 2012 (ITC and FAO Stats). As mentioned earlier, total world trade of fresh apricots stood at slightly above USD 440 million in the year 2012 (apricots, fresh defined under Harmonized code 080910). The volume of trade stood at 323 thousand tons in 2012. In the world markets, the largest volumes of apricot exports are traded fresh. Fresh apricot exports have steadily increased by 21% from 2008 to 2012. Although France is only the world’s eighth largest producer in 2011 with 155,124 tons of apricot production, it exported approximately 38% of its harvest, which is 24.5% of total world trade, making it the global leader in fresh apricot exports. Chart 8 below shows that the world fresh apricot trade is dominated by top 10 ...