APPLES

Apples 2022 Volume

During 2022 Washington state was the principal supplier of apples to the U.S. market with an 80.75% market share. Despite being the main supplier of apples, Washington state’s volume has dropped off over the last two years with a YoY decline of -3% between 2021 and 2022 and again between 2020 and 2021 of -11%.

This volume fluctuation is reflected in the seven-year rate of change with the FOB price.

Apples - 7-Year Rate of FOB Change

2020 shows a dip in the FOB price of -20% while 2020 had a 7% volume increase over the prior year followed by an -11% decline in volume in 2021where the rate of change climbs to 10%