World - Cherries - Market Analysis, Forecast, Size, Trends and Insights
Cherry Market - China’s Cherry Exports Surged 69% in 2014
With a huge surge in exports in 2014, Chile seized control of the global cherry trade. In 2014, Chile exported 85 thousand tonnes of cherries totaling 660 million USD, a whopping 69% over the previous year. Its primary trading partner on the global cherry market was China, where it supplied 73% of its total cherry exports in value terms, accounting for 90% of China's total imports.
Overall, the global trade reached 1,833 million USD, with a CAGR of 12% from 2007 to 2014. In physical terms, it showed steady growth, rising from 261 thousand tonnes in 2007 to 434 thousand tonnes in 2014.
In 2014, China held the largest share of cherry imports (32%). It was followed by Germany (8%), Canada (8%), the Republic of Korea (8%) and the Russian Federation (7%). These five leaders together made up 63% of global imports. The share of China increased significantly (+32 percentage points), while the share of Germany illustrated negative dynamics (-5 percentage points).
The U.S. and Turkey were among the other main global suppliers of cherries in 2014 with a combined share of 35% of global exports. However, the fastest growing exporters from 2007 to 2014 were Chile (+26% per year) and Australia (+21% per year). Chile more than doubled its position in the global export structure, from 15% in 2007 to 36% in 2014.
Do you want to know more about the global cherry market? Get the latest trends and insight from our report. It includes a wide range of statistics on
- cherry market share
- cherry prices
- cherry industry
- cherry sales
- cherry market forecast
- cherry price forecast
- key cherry producers
Source: IndexBox AI Platform
This report provides an in-depth analysis of the global cherry market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.
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The Latest Trends and Insights into The Industry
The Largest Importers on The Market and How They Succeed
The Largest Exporters on The Market and How They Succeed
The Largest Producers on The Market and Their Profiles
The Largest Markets And Their Profiles
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